Level 70.50 going to be crucial
70-71 being the area which was long before a resistance on higher time frame now could be acting as support which has good probabililty along the way price also tapped into unmitigated demand zone which might be clearing the leftover supply that came from top
on the long side we can aim at the target of 74.50 which is almost 5%
and 77.50 which is 10%
so USOIL could be good bet for swing trade
70-71 being the area which was long before a resistance on higher time frame now could be acting as support which has good probabililty along the way price also tapped into unmitigated demand zone which might be clearing the leftover supply that came from top
on the long side we can aim at the target of 74.50 which is almost 5%
and 77.50 which is 10%
so USOIL could be good bet for swing trade
Trade active
price has tapped into 70.50 
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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.