USOIL ( BREAKOUT DEMAND ZONE ) (4H)

25 Jul

USOIL

• HELLO TRADERS
  
  
• Tendency , the price is under bearish pressure , after breakout demand zone .
  
  
• TURNING LEVEL : the price of turning level around 76.96 , until the price trading below this level reach a support level (1) , but if the price breaking this level reach resistance level (1) .
  
  
• RESISTANCE LEVEL (1) : this level around 80.49 , for reach this resistance the price it will be breaking turning level .
  
  
• RESISTANCE LEVEL (2) : around 82.83 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
  
  
• SUPPORT LEVEL (1) : as long the price trading below turning level reach this level around 75.05.
  
  
• SUPPORT LEVEL (2) : this level around 72.46, for reach this level the price will be breaking by open 1h or 4h candle below support level (1) .
  
  
• CORRECTIVE : the price may be corrective turning level at 76.96 , before drooping .
  

TARGET LEVEL :

• RESISTANCE LEVEL : 80.49 , 82.83 .
  
• SUPPORT LEVEL : 75.05 ,72.46 .
  

29 Jul

Trade aktif

30 Jul

Trade aktif

yesterday dropping +175 , still the price is under bearish pressure after breakout the channel .

31 Jul

Trade aktif

the price trying to reach a turning level , have two scenario
first : if the price trading below 76.96 , refers likely to reach support level (1).
second: breaking and stable above 79.96 , easily to reach a resistance level (1).