USOIL - Bearish Trend
Actualizado
Price settled below the 72.88 level and the blue downtrend until touched the support of 69.53 as we mentioned
Generally, the direction is a downtrend
Uptrend Side: breaking and stability above 72.88 and 71.70 will activate the bullish trend again to ward 74.70.
Downtrend Side: After the price touched the support line of 69.53, it reversed upwards as a correction, so as long as the price trades under 72.88 and 71.70, the downtrend will remain active to touch 69.53 and under 67.33.
Tendency Keys: 72.88 and 71.70
Generally, the direction is a downtrend
Uptrend Side: breaking and stability above 72.88 and 71.70 will activate the bullish trend again to ward 74.70.
Downtrend Side: After the price touched the support line of 69.53, it reversed upwards as a correction, so as long as the price trades under 72.88 and 71.70, the downtrend will remain active to touch 69.53 and under 67.33.
Tendency Keys: 72.88 and 71.70
Operación cerrada: objetivo alcanzado
Currently, the price is attempting to stabilize below 69.53. A decisive break below this level will likely lead to a move towards 67.33.
However, a reversal in the price would result in movement between 71.69 and 69.53.
Operación cerrada: objetivo alcanzado
The 4-hour candle closes below 69.53, which supports a further bearish movement in the price.Operación activa
Still, the price trades below the resistance of 69.53, and also has a bearish tendency
about 4 Analysis per day.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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