SroshMayi

USOIL (Consolidation)

TVC:USOIL   CFD Petrolio WTI
US-OIL outlook

The price reached the target we mentioned in the previous idea.

US-OIL will consolidate between 80.17 and 81.82 till breaking

any stability above 81.82 by closing 4h candle will support rising to get 83.15 and 85.00

otherwise breaking 80.15 will support a bearish trend to get 78.91 and 77.06

Pivot line: 80.55
resistance line: 81.80 & 83.00 & 85.05
Support Line: 78.91 & 77.95 & 76.80

The expected trading range for today is between support 80.17 and Resistance 81.82

Tendency: Inclined Uptrend

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