Price tapped a major demand zone / strong support around 57.40 – 57.50, a level previously respected multiple times.
This zone has acted as a liquidity pool, and today price swept the lows before showing a strong rejection wick – signaling aggressive buyers stepping in.
After the liquidity sweep, USOIL printed a clean bullish reaction candle, confirming that buyers are defending the structure.
Why Buy Here?
• Strong historical support at 57.40
• Liquidity grab + bullish rejection
• Market structure attempting a shift on LTF
• Room to retrace back into imbalance above
Buying Area:
57.45 – 57.60 (demand zone reaction)
Short-Term Target:
58.55 – 58.60 (FVG + previous supply zone)
Invalidation:
Break and candle close below 57.35
Bias:
Bullish as long as price stays above demand zone.
A clean risk-to-reward recovery move is expected if momentum holds.
This zone has acted as a liquidity pool, and today price swept the lows before showing a strong rejection wick – signaling aggressive buyers stepping in.
After the liquidity sweep, USOIL printed a clean bullish reaction candle, confirming that buyers are defending the structure.
Why Buy Here?
• Strong historical support at 57.40
• Liquidity grab + bullish rejection
• Market structure attempting a shift on LTF
• Room to retrace back into imbalance above
Buying Area:
57.45 – 57.60 (demand zone reaction)
Short-Term Target:
58.55 – 58.60 (FVG + previous supply zone)
Invalidation:
Break and candle close below 57.35
Bias:
Bullish as long as price stays above demand zone.
A clean risk-to-reward recovery move is expected if momentum holds.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
My FREE Telegram Channel:
t.me/EaglePipsPro1
Facebook Page.
facebook.com/share/1BUFZ8GZBa/
t.me/EaglePipsPro1
Facebook Page.
facebook.com/share/1BUFZ8GZBa/
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
