SroshMayi

US-OIL (BULLISH MOMENTUM)

Long
SroshMayi Updated   
TVC:USOIL   CFDs on WTI Crude Oil
The price has successfully reached the target outlined in our previous analysis.

US-OIL has the potential to stabilize above the significant resistance level of 78.91. Maintaining stability above this barrier indicates an uptrend, with targets set at 80.15 and 81.82.

Conversely, if the price stabilizes below 78.91, it suggests a downward movement towards 77.95 and 77.00.


Pivot line: 78.91
resistance line: 80.15 & 81.80 & 83.00
Support Line: 77.95 & 76.80 & 75.95

The expected trading range for today is between support at 77.95 and resistance at 81.82.

Overall tendency: Inclined towards an uptrend.

previous idea:
Comment:
should be stable above 81.82 to continue the trend


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