ElenaMayi

USOIL WTI 4H (under resistance zone)

TVC:USOIL   CFDs on WTI Crude Oil
USOIL

Analyze

Generally the direction is uptrend but right now price trade under resistance zone 79.95 - 80.50 so right now price will try to reach 78.19 and if can stable under it by 1H candle then it will reach 77.500 and 76.93 so the main condition to be more bearish zone is stabilized under 78.19
if can not stable under 78.19 the price will continue at the bullish zone and try to reach 79.07 , 79.95 , 80.50

support line : 78.19 , 77.55 , 76.93
resistance line : 79.07 , 79.95 , 80.50

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