"Starting the week on USOIL” Multi timeframe view by TAvision

This is our “Every-Monday” report on USOIL with a full vision over 3 timeframes.


4H CHART EXPLANATION:

- Price is on a confluence level (Pullback to TL + Resistance Zone).
- Bearish Divergence on MACD.
- if price breaks the ascending channel (63.60), it has potential to move down towards the support zone (62.2)
- We will be looking for sell setups on lower timeframes.

Updates coming soon!


MULTI TIMEFRAME VISION:

Weekly:

Daily: