USOIL H4 | Approaching Major Resistance Level

Based on the H4 chart analysis, we could see the price rise to the sell entry which is an overlap resistance and could reverse from this levle to the take profit.

Sell entry is at 61.90, which is an overlap resistance.

Stop loss: 63.54, which is a pullbakc resistance.

Take profit is at 60.10, which is a pullback support.

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Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.