"USOIL Technical Analysis: Price Reaction at Demand Zone"

4 Mar

WTI Crude Oil (USOIL) Technical Analysis – Daily Chart

Price is currently trading around $67.48, testing a key demand zone (Point of Interest) in the $65.50–$67.20 range. This area has acted as strong support in the past, making it a potential reversal zone.

A bullish reaction from this level could push prices toward the $72.60–$72.72 resistance area (Target Area). A breakout above this zone may trigger further upside momentum.

However, a breakdown below $65.50 could invalidate the bullish setup, leading to extended losses.

Key Levels:
- Support: $67.20, $65.50
- Resistance: $72.60, $72.72

Outlook: Bullish bias if support holds, but caution is warranted below $65.50.

4 Mar

İşlem aktif

4 Mar

Not

Congratulation guys, trade running 80 pips+ profits.

5 Mar

Not

Guys, after SL hunting you can take re-entry once again from 66.50 with SL 64.50, Targets ahead.

6 Mar

İşlem kapandı: durdurma seviyesi