USOIL 1H LEVELS - 05/01/2024
USOIL took liquidity above 73.5 then went down to 71.5
Right now USOIL is moving sideways between 73.5 and 71.5
Key level to get more bullish is around 74.8
If we breakout and flip above 74.8 = We'll potentially see 77.4
A rejection at 74.8 level is also a good short entry
Previous idea:
*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(15m, 5m, 3m, 1m)
Right now USOIL is moving sideways between 73.5 and 71.5
Key level to get more bullish is around 74.8
If we breakout and flip above 74.8 = We'll potentially see 77.4
A rejection at 74.8 level is also a good short entry
Previous idea:
*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(15m, 5m, 3m, 1m)
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