USOIL Price Action Analysis | A Relative Long Term Idea

Crude Oil has found a support on the Equilibrium Zone of the Trading Range, again. This accumulation in the upper range seems like it will coming to an end. On the other hand, it needs to reclaim the Pivot first and then the Range High.

Entry: 54.6
SL: 49.9
TP-1: 62.4
TP-2: 66.4
TP-3: 72.4
TP-4: 81.4
R/R: 5.7

‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬


‪The ideas published here are not financial advices.‬

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First profit level is reached.