Falling towards 61.8% Fib support?USO/USD is falling toward the support level, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 75.02
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 71.52
Why we like it:
There is an overlap support level.
Take profit: 80.56
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Usousd
Bullish bounce in play?USO/USD has bounced off the support level, which is a pullback support that aligns with the 50% Fibonacci retracement and could potentially rise from this level to our take profit.
Entry: 92.85
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Stop loss: 91.16
Why we like it:
There is an overlap support level that is slightly below the 61.8% Fibonacci retracement.
Take profit: 96.97
Why we like it:
There is a multi-swing high resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bullish bounce?USO/USD is falling towards the support level, which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 93.77
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Stop loss: 91.16
Why we like it:
There is an overlap support level.
Take profit: 98.37
Why we like it:
There is an overlap resistance level that is slightly above the 50% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish reversal off 78.6% Fib resistance?USO/USD is rising towards the resistance level, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 104.98
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 111.37
Why we like it:
There is a pullback resistance level that is slightly above the 78.6% Fibonacci retracement and the 78.6% Fibonacci projection.
Take profit: 95.64
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Pullback resistance ahead?USO/USD is rising towards the pullback resistance level, which aligns with the 50% Fibonacci retracement, and could reverse from this level to our take profit.
Entry: 105.25
Why we like it:
There is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss: 116.28
Why we like it:
There is a pullback resistance level.
Take profit: 92.94
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
$USOUSD , ##UPDATE## Check previous post (related idea) first .
So , these are my 3 possible paths.
Remaining path from last post : 2
1 : small retracement till $102 then $121-$124
2 : keep on going straight to next cluster of targets $121-$124
3 : bigger retracement till $91 then shoots up
Still a bit unclear to me , but I "guess" It could be path 1 from now on .
Let´s see what´s coming.
Follow, Boost, Thank You !! Website available !!
⚠️ Financial Disclaimer:
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
Potential bullish bounce off?USO/USD has bounced off the pullback support level and could rise from this level to our take-profit level.
Entry: 90.53
Why we like it:
There is a pullback support level.
Stop loss: 80.56
Why we like it:
There is a swing low support level.
Take profit: 103.78
Why we like it:
There is a pullback resistance level that aligns with the 61.8% FIbonacci projection.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Market Structure – BOS / CHOCH / MSB / FVG / OB / BBThis market structure analysis uses pivot logic to identify BOS and CHOCH, then maps key imbalances and institutional zones from that structural shift.
Structure overview (USOUSD 4H):
Current bias: Bullish
A confirmed break above the previous swing high at $67.
Price then broke to $72.50, creating multiple Higher Highs (HH) on the 4H timeframe.
However, the latest candle shows a sharp rejection from $72.77, with the current price around $71.02.
This suggests either:
1. A temporary pullback into imbalance zones, or
2. Early signs of distribution before deeper retracement.
Structural Logic
BOS (Break of Structure)
1. Occurred near $67
2. Confirmed bullish continuation
3. Triggered upside expansion
Potential CHOCH Scenario
If price breaks below a recent Higher Low on lower timeframes (1H/30m), a CHOCH may form — signaling short-term bearish correction within bullish HTF structure.
FVG / OB / BB Mapping Logic
Once BOS was confirmed at $67, structure logic would:
1. Loop back to identify all Fair Value Gaps (FVG) formed during expansion
2. Mark bullish Order Blocks (OB) prior to displacement
3. Identify possible Breaker Blocks (BB) if structure flips
Likely Reaction Areas:
1. 4H bullish OB near $67–$68 (last expansion base)
2. 4H imbalance/FVG zones formed during the impulse leg to $72.50
These areas would act as high-probability retracement zones before continuation.
What’s Likely Next?
Scenario 1 – Healthy Bullish Pullback (High Probability)
Price retraces into:
4H bullish OB
4H FVG
Previous BOS level ($67–$68)
If structure holds and a bullish CHOCH prints on 1H → continuation toward new highs becomes likely.
Scenario 2 – Shallow Pullback
If price consolidates around $70–$71 without breaking structure:
Look for lower timeframe BOS continuation
Target potential expansion above $72.77
Scenario 3 – Deeper Correction
If a 4H CHOCH forms (break of Higher Low):
Structure shifts neutral
$67 becomes key make-or-break level
Failure below that jeopardizes bullish bias
Trading Stance
Conservative
Wait for:
Pullback into 4H OB / FVG
1H bullish CHOCH confirmation
Entry on 5m/15m BOS continuation Stop below confirmed support.
Moderate
Wait for current 4H candle close.
If consolidation forms → trade continuation with tight invalidation below LTF Higher Low.
Aggressive
Counter-trend scalp short if:
1H confirms bearish CHOCH
Target quick move into imbalance zone
Very small size — against HTF bias.
Settings (If Using a Market Structure Indicator)
Pivot Strength
Number of candles left/right required to define swing high/low.
Breakout Confirmation
Choose:
Close beyond pivot, or
Wick breach validation.
Show Structure Labels
Enable HH / LL
Enable BOS / CHOCH
FVG / OB / BB Options
Show Bull / Bear colors
Extend boxes right
Delete once filled
Fill type: Close-based or High/Low based
USOUSD 4H: Matryoshka bullish ABC — red BC zoneUSOUSD (WTI) on the 4H is doing exactly what I want to see in a structure-first bullish cycle: sequence delivery → defended demand → nested continuation setup .
Context: price formed a bullish ABC from a valid HTF B-zone . That green sequence hit its C target , and the delivery left a bullish WCL (demand) that got respected on the revisit — buyers proved they’re defending structure.
After that defense, price broke above the prior C again , which created the larger matryoshka (black) bullish sequence . Key detail: the market respected the black BC , keeping the higher-level sequence healthy.
From that black BC reaction, we then built the red bullish ABC , with a C target lining up near the matryoshka C-zone overhead (gray target area). So the upside objective stays aligned across the nested structure.
What I’m watching now :
The red sequence has a fresh BC zone — this is the optimal entry area if buyers defend and rotate price toward the red C / matryoshka C targets.
Confirmation (mandatory) :
No guessing inside the zone. I want a clean MSS / structure shift on the lower timeframe , ideally with displacement away from BC and follow-through.
Invalidation / caution :
If price accepts through the red BC (not just a wick), the defense thesis weakens and I’m not forcing longs. That opens the door for deeper retracement into prior demand / broader structure.
No predictions — just tracking the sequence.
Not financial advice.
Falling towards key support?USO/USD is falling towards the support level, which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 63.81
Why we like it:
There is an overlap support level that aligns with the 50% Fibonacci retracement.
Stop loss: 62.41
Why we like it:
There is a pullback support level.
Take profit: 66.17
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce off?USO/USD is falling towards the support level, which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 63.91
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Stop loss: 63.24
Why we like it:
There is an overlap support level that aligns with the 78.6% Fibonacci retracement.
Take profit: 65.56
Why we like it:
There is a swing high resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish rise?USO/USD could fall towards the support level, which is an overlap support and could bounce from this level to our take profit.
Entry: 60.64
Why we like it:
There is an overlap support level.
Stop loss: 59.57
Why we like it:
There is an overlap support level.
Take profit: 62.37
Why we like it:
There is a swing high resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USOUSD TRADE IDEA USOUSD is moving in an uptrend, repecting an upward channel. currently in an impulsive phase to the upside. It has just broken above a key level. A correction to test the level will be a confirmation of a break out and retest, giving us an opportunity to enter a long position before the continuation
Bullish bounce off?USO/USD has bounced off the support level, which serves as a pullback support, and could bounce from this level to our take-profit.
Entry: 58.64|
Why we like it:
There is a pullback support level.
Stop loss: 57.36
Why we like it:
There is a pullback support level.
Take profit: 61.15
Why we like it:
There is a swing high resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
WTI Crude Oil – Inverse H&S Targeting Neckline BreakSummary:
WTI is attempting a bullish reversal after forming an inverse Head & Shoulders on the H1 chart, with price pushing back toward a key neckline zone around 57.00.
Technical Analysis:
Price previously respected a descending channel, but recent bearish momentum stalled near the lower range, leading to a clear inverse Head & Shoulders structure. The left shoulder and head were formed after a sharp sell-off, followed by a higher low forming the right shoulder — a classic reversal signal.
The neckline near 57.00–57.10 is the key level to watch. Current bullish candles show increasing buying pressure, suggesting an attempt to reclaim this level. A confirmed break and hold above the neckline would validate the pattern and open the door for continuation toward the upper channel area. Failure here would keep price range-bound and vulnerable to another pullback toward 56.20–55.80 support.
Fundamental Context:
Crude oil remains sensitive to OPEC+ production guidance, geopolitical risks, and near-term USD strength driven by Fed expectations. Any supportive headlines on supply tightening or softer dollar could help fuel the bullish breakout.
Key Levels:
Resistance / Neckline: 58.10 - 58.60
Bullish Targets: 60 → 62 (Making a HH in 4H timeframe)
Support: 56.20 → 55.80
Invalidation: Sustained move below 55.80
Takeaway:
Bullish if WTI breaks and holds above 57.10 — inverse H&S confirms and upside opens. Bearish if price rejects the neckline and loses 56.20, signaling continuation of the broader downtrend.
#WTI #Oil #CrudeOil #PriceAction #ChartPatterns #TradingView #Commodities
Potential bearish drop?USO/USD is reacting off the support level, which is an overlap support and could drop from this level to our take profit.
Entry: 57.89
Why we like it:
There is an overlap support level.
Stop loss: 58.43
Why we like it:
There is a pullback resistance level.
Take profit: 56.82
Why we like it:
There is a multi-swing low support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish reversal off 61.8% Fib resistance?USO/USD is rising towards the resistance level, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 67.80
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 58.48
Why we like it:
There is a multi-swing high resistance level.
Take profit: 56.86
Why we like it:
There is an overlap support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
WTI | H4 — Sellers Defending the StructureWTI is currently trading into a well-defined descending dynamic resistance on the H4 timeframe, maintaining a bearish structure with consistent lower highs. This area has repeatedly capped price, making it a key decision zone for the next directional move.
From a technical perspective, the broader trend remains bearish, with sellers defending rallies into the resistance band. Recent upside moves appear corrective rather than impulsive, suggesting limited buyer conviction so far. A clear rejection from this resistance would favor continuation toward recent lows. On the other hand, a strong marubozu close above the resistance would signal acceptance and a potential shift in control to buyers.
Fundamentally, oil remains sensitive to OPEC supply guidance, geopolitical risks, and USD strength. Without a supportive fundamental catalyst, upside breakouts may struggle to sustain, increasing the importance of confirmation at this level.
Takeaway:
Bearish continuation remains favored on rejection from resistance. A bullish bias only comes into play if price breaks and accepts above resistance with strong momentum — otherwise, patience is key.
#WTI #Oil #PriceAction #MarketStructure #TradingStrategy
Potential bullish bounce off?USO/USD is reacting off the support level, which is a pullback support that aligns with the 38.2% Fibonacci retracement and could potentially rise from this level to the take profit.
Entry: 60.51
Why we like it:
There is a pullback support that aligns with the 38.2% Fibonacci retracement.
Stop loss: 58.82
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement.
Take profit: 62.83
Why we like it:
There is a multi-swing high resistance.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce off major support?USO/USD has bounced off the support level, which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 61.99
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 60.58
Why we like it:
There is a swing low support level.
Take profit: 64.07
Why we like it:
There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bullish bounce?USO/USD is falling towards the support level, which is an overlap support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 64.12
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss: 63.50
Why we like it:
There is a pullback support that is slightly below the 61.8% Fibonacci retracement.
Take profit: 65.71
Why we like it:
There is a pullback resistance level that is slightly below the 161.8% Fibonacci extension.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish continuation?USO/USD is rising towards the resistance level, which is a pullback resistance, and could drop from this level to our take profit.
Entry: 63.20
Why we like it:
There is a pullback resistance level.
Stop loss: 64.15
Why we like it:
There is an overlap resistance level.
Take profit: 61.80
Why we like it:
There is a swing low support.
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Bearish reversal off major resisstance?USO/USD is rising towards the resistance level, which is an overlap resistance that lines up with the 61.8% Fibonacci projection and the 38.2% Fibonacci retracement, and could reverse from this level to our take profit.
Entry: 65.87
Why we like it:
There is an overlap resistance that aligns with the 51.8% Fibonacci projection and the 38.2% Fibonacci retracement.
Stop loss: 67.42
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement.
Take profit: 63.50
Why we like it:
There is an overlap in support.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.






















