WTI Crude Oil (USOIL) 4H Chart Analysis & Trade Setups

6 gün önce

Bullish Scenario (Buy Setup)
📌 Entry: If price holds above the pivot line ($70.50) and forms bullish confirmation (e.g., double bottom, bullish engulfing candle).
🎯 Target 1: $72.00 (short-term resistance)
🎯 Target 2: $74.50–$75.00 (major resistance zone)

Confirmation Needed: Bullish rejection candles, strong volume, or a break above $72.00.

Bearish Scenario (Sell Setup)
📌 Entry: If price breaks below $70.50 and retests it as resistance.
🎯 Target 1: $69.50 (support level)
🎯 Target 2: $67.94 (deeper support zone)

Confirmation Needed: Breakdown of pivot level, retest with rejection, bearish candle patterns.


* If price stays above $70.50, look for buying opportunities targeting $72.00–$74.00.

* If price breaks below $70.50, expect more downside, with $69.50 and $67.94 as potential targets.

5 gün önce

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Prices continue to rise to meet our proposed target