USOIL: False Breakout and Potential Reversal
USOIL recently made a false breakout below the support area near 61.40, which suggests that sellers failed to push the price lower.
This false breakout often signals a possible bullish reversal if buyers maintain control.
Currently, the price is trading just above the support zone and seems to be building momentum for a potential rebound.
If the bullish scenario continues, the next targets to watch are:
63.40
65.00
As long as the price remains above 61.40, the bullish outlook stays valid.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
USOIL recently made a false breakout below the support area near 61.40, which suggests that sellers failed to push the price lower.
This false breakout often signals a possible bullish reversal if buyers maintain control.
Currently, the price is trading just above the support zone and seems to be building momentum for a potential rebound.
If the bullish scenario continues, the next targets to watch are:
63.40
65.00
As long as the price remains above 61.40, the bullish outlook stays valid.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.