Above is the breakdown of USOIL. In this USOIL analysis, I will be breaking down my thought process on some potential short-term exhaustion setups as the market is getting slightly over-stretched in long-term. Previously, price broke above 76 multi-high structure, often if a key S&R area is broken and when the market is at a fresh high, it will require some pullback for liquidity purposes. We're currently looking for further buying opportunities at 76 price zone.
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Trade safe and take care.
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Trade safe and take care.