USOIL has shown signs of short-term overselling, and a technical rebound is likely during today’s session. Traders participating in crude oil can consider buying on dips, focusing on short-term opportunities with proper position management. Quick entries and exits are recommended.
Trade active
Be patient — while the market is currently affected by news, the technicals are already in oversold territory. Bottom-fishing capital won’t miss this opportunity, and a price rebound is inevitable.Our target isn’t overly ambitious — the 68–70 range is definitely achievable.
Note
Continue to maintain the strategy of buying low and wait for the price to rebound
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I’ve created a channel where I’ll be posting market analysis and trading signals.
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
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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.