Crude Oil USOIL Analysis

٩ يناير

Hello Guy's this is My OverView For USOIL, Feel Free To Check It And Write Your Feedback In Comments

Analysis of Crude Oil (USOIL) Here are the key observations:

Price Levels:
Current price is around $73.76.
Sell signal at $73.76.
Buy signal at $73.82.

Trend Indicators:
A recent upward trend is observed, indicated by a rising channel formation outlined with blue lines.
However, the price has now reached an upper resistance level and appears to be reversing.
Supertrend Indicator:
The Supertrend indicator shows a value of 74.90, suggesting bearish sentiment when the price is below this level.
Support and Resistance Zones:
The chart indicates potential take-profit (TP) levels for short positions at $73.40 (Tp1) and $72.80 (Tp2).
A broader support zone around $68.94 is highlighted in red, indicating significant support if prices drop further.
Technical Outlook:
in our setup s traders might be looking for short opportunities given the recent rejection from resistance.
A target range for profit-taking on shorts between Tp1 ($73.40) and Tp2 ($72).80).

Note: This analysis for educational purposes and not trading advice. Consider market conditions and strategies.

قبل ٧ أيام

تم فتح الصفقة

قبل ٧ أيام

أغلقت الصفقة: تم الوصول لوقف الخسارة