Indices and commodities
Active
USOIL
Short
WTI Oil Resistance Test Toward $84.9
Rationale
TradingView idea: USOIL: Comeback is real. $92-93 rejected. Stoch OB. Short 88.80 for TVC:USOIL by Elibri_Eugen
TradingView symbol: USOIL
📊 Trade Plan:
🔻 Entry: 88.80
🛑 Stop Loss: 94.40
🎯 Take Profit 1: 84.90 (above 0.786 Fib)
🎯 Take Profit 2: 81.40 (above 0.5 Fib)
📉 Technical Picture (H4 & Daily):
Resistance $92-93: Price rejected clean. Sellers defended the zone.
Stochastic: Exited overbought territory. Exhaustion confirmed.
Fibonacci: TP1 above 0.786, TP2 above 0.5.
🗞️ Fundamental Note:
Brent back above $100. Houthis hit Saudi tankers, Iran hit Hormuz tankers. War premium is priced, but the trend is …
Key details
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