#USOIL waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
1st support:
71.55
Next Zone area & horizontal swing Low support
1st Resistance
83.88
Zone area & horizontal swing high resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
1st support:
71.55
Next Zone area & horizontal swing Low support
1st Resistance
83.88
Zone area & horizontal swing high resistance