Hello Traders!
According to my analysis first, a second things it's what's happening in Saudi Aramco’s Jeddah oil depot hit by Houthi attack.
USOIL will be go to a bullish movement start at Monday, as you see in my chart a bullish engulfing candle for a 3H and 4H time frames, on the 2H time frame we see that the bulls or buyers in control above the 200 moving average.
the price will be go to the resistance area that represented by red lines Between $115 - $116.5, when it broken the price will be go up to our target at $130
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Trade Idea for USOIL ( Crude Oil ) :
- Wait for a pullback movement at the green support rectangle then buy
- TP1 AT $120
- TP2 AT $125
- TP3 AT $130
NB: The probability of what I analyzing, is to be true unless the opposite is proven
Feel free dear trader to share with me your opinion, and also your analysis & Follow me for more analysis and also keep watching
Have a nice trading
According to my analysis first, a second things it's what's happening in Saudi Aramco’s Jeddah oil depot hit by Houthi attack.
USOIL will be go to a bullish movement start at Monday, as you see in my chart a bullish engulfing candle for a 3H and 4H time frames, on the 2H time frame we see that the bulls or buyers in control above the 200 moving average.
the price will be go to the resistance area that represented by red lines Between $115 - $116.5, when it broken the price will be go up to our target at $130
--------------------------------------------------------
Trade Idea for USOIL ( Crude Oil ) :
- Wait for a pullback movement at the green support rectangle then buy
- TP1 AT $120
- TP2 AT $125
- TP3 AT $130
NB: The probability of what I analyzing, is to be true unless the opposite is proven
Feel free dear trader to share with me your opinion, and also your analysis & Follow me for more analysis and also keep watching
Have a nice trading
