USOil is approaching our first support at 70.92 (horizontal overlap support, 100% Fibonacci extension, 50%, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 73.51 (horizontal pullback resistance, 50% Fibonacci retracement). RSI (55) is also approaching our ascending support line and we might see a corresponding rise in price should it bounce off this level.
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👉👉 Join The OFA Inner Circle:
📓📓Learn Order Flow like a PRO:
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🧑🏫🧑🏫 Author of the #1 Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
📓📓Learn Order Flow like a PRO:
ofa-course.com
🧑🏫🧑🏫 Author of the #1 Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.