USOIL - Correction Move

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Generally, the direction is downtrend

Uptrend Side: The price should rise and stabilize above the 71.78 resistance level by closing a 4-hour candle, followed by the need for positive momentum to reach 73.59 and confirm the bullish trend.

Correction: The price may rise to test the area around 71.78.

Downtrend Side: As long as the price remains below 71.78, the trend will stay bearish. Currently, the price is likely to attempt reaching the 71.78 resistance before declining. A break below 69.91 would target the support level at 68.64, with a further decline to 66.96 if breached.

Tendency Keys: 69.91
Dagangan aktif
preparing to touch the 71.78 then to falling
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