Yuriy_Bishko
Long

USOIL weekly overview

TVC:USOIL   CFDs on WTI Crude Oil
US OIL weekly overview

Price broke up key level $66.26 on Friday. That changed situation. For this moment it is better to look for long on PullBeaks to $66.20.

As you see on chart price consolidated under key level after it broke up a key level from which price bounced many times on daily chart . It shows that big players want to move it up.

I will look for Buy near key buy zone $66.26 — $67.10.
S/L: 50 – 70 pips under entry point.
T/P1: $71.10
T/P2: $72.80


I think price can move up to key sell level $72.88. Near the level, I will look for Short. Also, if the price will break up $72.88 and D1 close upper it that will be a signal for continue of bullish moving.
Comment: Price moved up without PullBeak
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Comments

Sell level remain same?
Reply
@Galtamimi, I wrote that I will look for buy IF.

*I will look for Buy near key buy zone $66.26 — $67.10.
S/L: 50 – 70 pips under entry point.
T/P1: $71.10
T/P2: $72.80 *
Reply
I wish the pull backs will come soon before it continues to rise! Awesome chart. Thanks.
Reply
@Tara, Thanks it moved up as I thinked about it.
Reply
very good analysis, thank you!
Reply
@LiLoPro, you are welcome
Reply
Thank you for your insight
Reply
@comstz.s, you are welcome
Reply
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