USOIL Trade Idea (Zones) for Friday session 28-02-25

قبل ٣ أيام

After studying USOIL at higher TF and watching it's closing price i think 70.106 - 70.634 is No-trade zone for USOIL due to it's complexity at higher timeframe , i've also drawn a zone which can push price to downward direction which is represesnted by orange color in the chart if price sustained above this level then it can go to it's next resistance zone of 76.500 - 76.600 but here SL should be below the zone which is 70.106 and the zone itself is mutual in multiple timeframe so be cautious to trade in this zone and use manage Quantity , and for alternative scenario if price goes below 70.106 and sustained then we can see then 69.150 level because it was the last swing created and below it other levels are also mentioned in the chart , look for reversal and continuation pattern to enter in trade .

قبل ٣ أيام

تم فتح الصفقة

Price got the rejection from orange zone shown in chart and our SL is above it waiting for it to reach 69.150 level which is first support here.

أول أمس

أغلقت الصفقة: تم الوصول للهدف

at the first support we've exited and from here price pulled back .