$USOIL USOIL WT CRUDE OIL Descending Triangle

22 Kas 2024

USOIL USOIL WT CRUDE OIL price action has formed a Descending Triangle on the Weekly timeframe.
Current Price: 70.3

In previous years, #USOIL reached a high of 149 and retraced to a low of 66.4 (A retracement of over 50%)

A breakout of Descending triangle can lead to higher prices: 73.9, 84.4, 94.3
A break below 66.4 can lead to prices down to 42.7!

It remains to be seen...

12 Oca

İşlem aktif

Break out of descending triangle...
73.9 hit