GrandTA

USOIL 1H LEVELS - 05/01/2024

TVC:USOIL   CFDs on WTI Crude Oil
USOIL took liquidity above 73.5 then went down to 71.5

Right now USOIL is moving sideways between 73.5 and 71.5

Key level to get more bullish is around 74.8

If we breakout and flip above 74.8 = We'll potentially see 77.4
A rejection at 74.8 level is also a good short entry

Previous idea:

*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(15m, 5m, 3m, 1m)
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.