Oil prices are fluctuating between $61 and $63. If it falls below the support level of $61.84, it may fall to the psychological level of $60; the upward trend needs to break through the pivot point of $63.85 to reverse the weak pattern. It is currently recommended to pay attention to the EIA inventory data and the OPEC+ monthly report. If the inventory decline exceeds expectations or the production increase plan is lower than expected, it may trigger a technical rebound.
Charlie recommends buying low and selling high in the $61.84-$63.85 range, with a stop-loss $2 outside the range and a target profit of $3-5.
USOIL is currently under pressure from a supply-demand imbalance and technical weakness. There is a lack of clear upside drivers in the short term, and downside risks outweigh any rebound opportunities. Investors should be wary of liquidity risks associated with extreme positioning and monitor the outcome of key support levels.
USOIL USOILV2025 USOIL USOIL.F USOIL USOIL
Charlie recommends buying low and selling high in the $61.84-$63.85 range, with a stop-loss $2 outside the range and a target profit of $3-5.
USOIL is currently under pressure from a supply-demand imbalance and technical weakness. There is a lack of clear upside drivers in the short term, and downside risks outweigh any rebound opportunities. Investors should be wary of liquidity risks associated with extreme positioning and monitor the outcome of key support levels.
USOIL USOILV2025 USOIL USOIL.F USOIL USOIL 
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Real-time strategies are like a beacon guiding your investment path. The market will never disappoint those who persevere and explore wisely....🚀🚀VIP Channel t.me/EagleEyePrecisionAnalysis
👉Exclusive address t.me/Eagle_PreciseAnalysis
👉Exclusive address t.me/Eagle_PreciseAnalysis
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.