USOIL Trade Setup: Watching for a Bullish Break After Pullback

📈 US OIL Trade Plan

Currently, USOIL is in a strong bullish trend 🔥 — price action has pushed into overextended territory, which opens the door for a potential pullback 🌀.

I'm watching for a WTI retracement into equilibrium, ideally aligning with the 50%–61.8% Fibonacci levels from the previous swing low to high 🔍📉. If price corrects into that zone and we find support, followed by a bullish break in market structure 💥 — that would be the confirmation I’m waiting for to consider a long position 🚀.

⚠️ Key Level to Watch: That structure break is the trigger — no confirmation, no trade 🧠.

⚠️ Disclaimer:
This content is for educational and informational purposes only and should not be considered financial advice. Always conduct your own analysis and consult a professional before making trading decisions. Trade responsibly.