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Bullish US OIL Trade Idea

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US Oil has bounced back from support with high-volume candles, nearly testing the support level. The price is expected to start moving in a bullish direction. Target profit prices are marked on the chart, and with the stop loss at the designated level, we anticipate a favorable risk-reward ratio for this trade.

Updates will be provided daily.
Catatan
Oil has tested the support price , with high volume and a bullish engulfing candle, we are on a right direction,
Catatan
API Weekly Crude Oil Stock came out bullish. EIA Weekly Distillates Stocks will increase the movement of price today
Catatan
Price is near TP1 , direction is still UP and there is no change in our Analysis. Expecting TP1 and TP2 to hit within this week.
Catatan
TP1 and TP2 hit , we are moving toward TP3 , keeping SL above breakeven
coolbouy
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Supply and DemandSupport and ResistanceCrude Oil WTIusoilanalysisusoilforecastusoilpredictionusoilsignalusoiltradeVolume

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Supply and DemandSupport and ResistanceCrude Oil WTIusoilanalysisusoilforecastusoilpredictionusoilsignalusoiltradeVolume
coolbouy
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.