Crude Oil (USO) - 1 hour timeframe (July 10, 2024)

Updated
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.
Note
1st target done, crude oil
Chart PatternsHarmonic PatternsTrend Analysis

Also on:

Disclaimer