SELL TREND is starting in USOIL market (For more read captions).
📉 USOIL Price Forecast 📉
USOIL has broken down the ascending channel with a strong bearish candle, confirming a shift in momentum. The market is currently in a retracement phase, with potential to retrace to the ascending channel before resuming its downtrend toward the targets.
Selling pressure is increasing, and the price is hovering around $74.00, where an order block is present. A breakdown below the first target zone will confirm further declines.
🎯 Technical Target Levels:
-72.80 (First target zone)
-71.00
-70.20
-69.50 (Final target)
📌 Key Highlights:
- Ascending channel breakdown confirmed.
-Retracement nearing completion—prepare for the next bearish move.
-Increased selling pressure supported by strong volume.
✅ Stay Ahead and Profitable!
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Don’t miss out on the next big move—trade smarter with expert updates! 🚀
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USOIL has broken down the ascending channel with a strong bearish candle, confirming a shift in momentum. The market is currently in a retracement phase, with potential to retrace to the ascending channel before resuming its downtrend toward the targets.
Selling pressure is increasing, and the price is hovering around $74.00, where an order block is present. A breakdown below the first target zone will confirm further declines.
🎯 Technical Target Levels:
-72.80 (First target zone)
-71.00
-70.20
-69.50 (Final target)
📌 Key Highlights:
- Ascending channel breakdown confirmed.
-Retracement nearing completion—prepare for the next bearish move.
-Increased selling pressure supported by strong volume.
✅ Stay Ahead and Profitable!
Like, comment, and follow for precise forecasts and profitable insights.
Don’t miss out on the next big move—trade smarter with expert updates! 🚀
📢 Join the community for timely analysis and consistent success!
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t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
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.