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USOIL Rise

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CFDs sobre petróleo (WTI) (FX:USOIL)  
Mahtab_Tradia  
FX:USOIL   CFDs sobre petróleo (WTI)
Support and Resistance Multiple Time Frame Analysis Triangle Crude Oil WTI Commodities Oil CFD
27
19
supportandresistance mtfa triangle usoil commodities oil cfd
USOIL has a bullish trend and price broke the daily resistance zone from November 2021, and could fix above it.

In the 1H chart, a little symmetrical triangle pattern and also a pennant pattern have been made by price.

Currently, the pattern is broken out to the upside by a strong large bullish candle closure above it.

We can expect more rise for USOIL to the next 4H major high at 81.780
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