USOIL WTI 4H (Try to retest) Long

WTI CRUDE OILTVC

Description

⋅ Apr 13, 2023 12:08 PM

USOIL

Analyze

price stabilized above resistance zone 82.41 - 83.05

so now we should wait until retest to 82.41 then price will rise up again and target will be 84.22 , 86.21

for any reasons if price can stable under 82.41 then the price will try to reach 81.85 , 81.01

support line : 82.41 , 81.85 , 81.01
resistance line : 83.05 , 84.22 , 86.21

Trend Analysis Support and Resistance

Comments

TheCryptagon

⋅ Apr 14, 2023 7:47 PM

Great entry point, thanks for the suggestion, we will surely look more into it.

TradingShot

⋅ Apr 14, 2023 7:32 PM

Very valuable analysis, thank you for your contribution.

TradingBrokersView

⋅ Apr 13, 2023 3:02 PM

Quality analysis and explanation of this scenario. Even if the opposite happens, the idea is well explained and that's all it matters in terms of technical analysis.

InvestingScope

⋅ Apr 13, 2023 1:23 PM

Strong setup. Thanks for sharing.