Technical Analysis: USOIL
Current Outlook:
The price is expected to touch 80.70 and then consolidate between 80.70 and 81.70 until a breakout occurs.
Bullish Scenario:
For a bullish trend to be established, the price should reverse and stabilize above 82.27, targeting 82.25 and 84.14. There is also a possibility of a bullish retest up to 81.70.
Bearish Scenario:
As long as the price trades below 81.70, it is likely to drop towards 79.50. To confirm the bearish trend, the price needs to break below 80.70, ideally closing a 1-hour candle under this level.
Key Levels:
- Pivot Line: 81.22
- Support Levels: 79.49, 77.94, 75.35
- Resistance Levels: 81.72, 82.24, 84.14
Today's Expected Range:
The price is anticipated to move between the support at 79.49 and the resistance at 82.15.
previous idea:

Current Outlook:
The price is expected to touch 80.70 and then consolidate between 80.70 and 81.70 until a breakout occurs.
Bullish Scenario:
For a bullish trend to be established, the price should reverse and stabilize above 82.27, targeting 82.25 and 84.14. There is also a possibility of a bullish retest up to 81.70.
Bearish Scenario:
As long as the price trades below 81.70, it is likely to drop towards 79.50. To confirm the bearish trend, the price needs to break below 80.70, ideally closing a 1-hour candle under this level.
Key Levels:
- Pivot Line: 81.22
- Support Levels: 79.49, 77.94, 75.35
- Resistance Levels: 81.72, 82.24, 84.14
Today's Expected Range:
The price is anticipated to move between the support at 79.49 and the resistance at 82.15.
previous idea:

Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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Penafian
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Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.