USOIL / Descending Parallel Channel...
USOIL Analysis
Bullish Scenario: A break and close above the pivot line at 70.50 could drive prices toward 71.78 and potentially higher levels at 72.74.
Bearish Scenario: Stability below 70.50 will drop to 68.53 and if breaks that will continue dropping toward 67.03.
Key Levels:
Pivot Line: 69.80
Resistance Levels: 70.49, 71.78, 72.74
Support Levels: 68.53, 67.03, 65.85
Bullish Scenario: A break and close above the pivot line at 70.50 could drive prices toward 71.78 and potentially higher levels at 72.74.
Bearish Scenario: Stability below 70.50 will drop to 68.53 and if breaks that will continue dropping toward 67.03.
Key Levels:
Pivot Line: 69.80
Resistance Levels: 70.49, 71.78, 72.74
Support Levels: 68.53, 67.03, 65.85
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.