CFDs on WTI Crude Oil
Short
Updated

USOIL - SELL Pressure

Generally, the direction is a downtrend

Downtrend Side: As long as the trade remains below 71.74, it is likely to move within a negative trend, particularly if it breaks the support level at 68.64. A break below this level could lead to further declines, potentially reaching 66.96 and 65.47.

Uptrend Side: To be an uptrend, the price needs positive momentum to stabilize above 71.74, then cross 73.59 to start the uptrending toward 75.47.

Tendency Keys: 71.74
Trade active
The price rose as a correction, then fell and reversed to the same zone
Trade closed: target reached
the price fell by 215 pip profit.

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