SroshMayi

USOIL (Bullish zone)

Long
TVC:USOIL   CFD sur Pétrole brut WTI
US-OIL outlook

The price reached the target we mentioned in the previous idea.

US-OIL can stabilize above the strong resistance of 78.91, so stabilizing above this barrier means an uptrend till 81.82 with some correction till 78.91 from here.

otherwise, stabilizing under 78.91 will support falling to reach 77.95 and 77.00

Pivot line: 78.92
resistance line: 79.90 & 81.80 & 83.00
Support Line: 77.95 & 76.80 & 75.95

The expected trading range for today is between support 78.91 and Resistance 81.82

Tendency: Inclined Uptrend

Previous idea:

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