SELL TREND is starting in USOIL market (For more read captions).

9 Jan

📉 USOIL Price Forecast 📉

USOIL has broken down the ascending channel with a strong bearish candle, confirming a shift in momentum. The market is currently in a retracement phase, with potential to retrace to the ascending channel before resuming its downtrend toward the targets.

Selling pressure is increasing, and the price is hovering around $74.00, where an order block is present. A breakdown below the first target zone will confirm further declines.

🎯 Technical Target Levels:
-72.80 (First target zone)
-71.00
-70.20
-69.50 (Final target)

📌 Key Highlights:
- Ascending channel breakdown confirmed.
-Retracement nearing completion—prepare for the next bearish move.
-Increased selling pressure supported by strong volume.
✅ Stay Ahead and Profitable!

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10 Jan

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