USOIL (Crude Oil) Bearish Strong

The golden Fibonacci retracement level at 61.80% signals a potential market backup, marking a crucial point.
With the breakdown of the upward trendline and trendline retracement coinciding with a resistance level, the last zone to watch is the fib 61.80% level. Technical targets derived from Fibonacci retracement levels are set at 72.50, 70.90, and 68.20.
Keep a close eye on these levels for potential market movements. 📊🔄 #FibonacciAnalysis #MarketOutlook #TradingStrategy"

Trade active:

The US Oil market has encountered resistance, marked by a bearish engulfing candle. Now that it's confirmed, it's expected to move towards our predetermined targets. Stay tuned for updates and follow along with me.