**Monthly Chart**
The short-term Directional Bias is Bearish on USOIL, while the long-term trend is Bullish. There is OB or manipulation candles on monthly charts around 90 area that needs to be tested.
**Weekly Chart**
On the weekly chart, the price clearly shows that it is moving in a big range from Sept 2022 and recently bounced lower from the 93.57 level in Sept 2023.
**Daily Chart**
On Lower time frames, I would like to see the price push lower from a rally between 0.71 and 0.886 levels. This means that the price needs to push up to 78.11 and 78.86 sell zone area before I decide to sell it.
The short-term Directional Bias is Bearish on USOIL, while the long-term trend is Bullish. There is OB or manipulation candles on monthly charts around 90 area that needs to be tested.
**Weekly Chart**
On the weekly chart, the price clearly shows that it is moving in a big range from Sept 2022 and recently bounced lower from the 93.57 level in Sept 2023.
**Daily Chart**
On Lower time frames, I would like to see the price push lower from a rally between 0.71 and 0.886 levels. This means that the price needs to push up to 78.11 and 78.86 sell zone area before I decide to sell it.
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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.
Join our PropSignals Channels on Telegram
t.me/PropsignalAE
t.me/PropsignalAE
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.