USOIL - Potential Bullish Reversal Inside Descending Channel!
📉 After a significant bearish move from the recent high, USOIL is trading within a well-defined descending channel pattern.
🔍 Key observations:
Price has printed a lower low into a weak low area, showing signs of seller exhaustion.
A potential reversal pattern is forming at channel support.
MACD shows bullish momentum divergence, hinting at a short-term reversal.
Targeting the supply zone near 66.99, aligning with the previous low high and key structure zone.
🟢 Trade Idea:
Looking for bullish confirmation to trigger a long setup.
Target: 66.99 (near upper channel boundary and previous structure)
Manage risk carefully with a stop below the recent low.
⚠️ Disclaimer: This is a technical analysis-based idea, not financial advice. Always do your own research and manage risk accordingly.
🔍 Key observations:
Price has printed a lower low into a weak low area, showing signs of seller exhaustion.
A potential reversal pattern is forming at channel support.
MACD shows bullish momentum divergence, hinting at a short-term reversal.
Targeting the supply zone near 66.99, aligning with the previous low high and key structure zone.
🟢 Trade Idea:
Looking for bullish confirmation to trigger a long setup.
Target: 66.99 (near upper channel boundary and previous structure)
Manage risk carefully with a stop below the recent low.
⚠️ Disclaimer: This is a technical analysis-based idea, not financial advice. Always do your own research and manage risk accordingly.
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Target Closed
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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.
$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
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.