USOIL: Transaction Point Analysis
Crude oil closed out of the physical day line yesterday, and the high of 71 quickly rose after breaking the level. The high area of 71.4-71.8 before the decline of the hourly chart changed from pressure to support, which is also a long position. Overall, crude oil is still biased towards volatility.
USOIL buy@72- 72.5 tp1 73 tp2 73.8
Trade active
Can be bought
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.
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.