USOIL Strategy Analysis Signals
Updated
USO/USD is reacting on the support level which is a pullback support that aligns with the 127.2% Fibonacci extension and could rise from this level to our take profit.
Entry: 67.63
Why we like it:
There is a pullback support level that aligns with the 127.2% Fibonacci extension.
Stop loss: 65.52
Why we like it:
There is a pullback support level .
Take profit: 70.16
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Entry: 67.63
Why we like it:
There is a pullback support level that aligns with the 127.2% Fibonacci extension.
Stop loss: 65.52
Why we like it:
There is a pullback support level .
Take profit: 70.16
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Trade active
Trading: active
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