USOIL 4H (Pivot Price: 81.38)

Hello, Crude oil price shows new positive trades to support the continuation of the expected bullish trend on the intranet basis,

stabilizing above 81.38 ill support rising to touch 82.97 then 83.72then 84.70

stabilizing under 81.38 will support falling to touch 80.51 the 79.28

Pivot Price: 81.38
Resistance prices: 82.97 & 83.72 & 84.70
Support prices: 80.51 & 79.46 & 78.28

timeframe: 4H

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Comment:

Yesterday we mentioned that USOIL is moving higher to see 82.97 and today it indicated that the direction is upwards as we achieved the first target close to the second target.

If it above 83.72, then the very direction moves up to see the target of 84.70

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