USOIL WTI 4H (sell under 78.80)

🛢USOIL🛢

💡Analyze💡

According to the New York Mercantile Exchange, June crude oil futures were trading at 78.80 $ a barrel , up 0.09%.

As long as price trade under 78.80 the direction will be downtrend

under 78.80 the price will be continue at the bearish trend but to be sure should stable under 77.96 then it will support the price to reach 77.14 , 75.47 and 74.21

for any reasons if price rise up and stable above 78.80 then the direction will be uptrend and will try to get 79.93 , 81.01 and 82.28

Price trade between 77.96 and 78.80 until stabilized


pivot price 77.93

support line
77.96
74.14
75.47

Resistance line
78.80
79.93
81.01

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