📈USOIL is trading in a bullish trend on a 4H time frame.
After a prolonged upward movement, it started to consolidated within a horizontal range for a while.
Recently, the resistance of this range was breached, indicating strong buyer momentum.
I believe the upward movement may persist, potentially leading the market to reach the 65.00 level soon.
After a prolonged upward movement, it started to consolidated within a horizontal range for a while.
Recently, the resistance of this range was breached, indicating strong buyer momentum.
I believe the upward movement may persist, potentially leading the market to reach the 65.00 level soon.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.