Crude Oil (USO) - 1 hour timeframe (July 10, 2024)
1 hour timeframe || Walling wedge pattern spotted
Breakout Above 6835
Target Prices
Target 1: 6860
Target 2: 6880
Stop Loss
Stop-Loss: 6810
Analysis
Price action is currently above the entry level of 6835, indicating a potential long opportunity.
Target prices are set at 6860 and 6880, offering potential profit areas.
Stop-loss is placed at 6810 to mitigate risk in case of price reversal.
Disclaimer: This information is for educational purposes only and should not be considered financial advice.
Breakout Above 6835
Target Prices
Target 1: 6860
Target 2: 6880
Stop Loss
Stop-Loss: 6810
Analysis
Price action is currently above the entry level of 6835, indicating a potential long opportunity.
Target prices are set at 6860 and 6880, offering potential profit areas.
Stop-loss is placed at 6810 to mitigate risk in case of price reversal.
Disclaimer: This information is for educational purposes only and should not be considered financial advice.
Note
1st target done, crude oil
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.
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.