USOIL Downtrend Line Rejection At $78.11 31.05.2024

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USOIL Downtrend Line Rejection At $78.11 31.05.2024 by BDSwiss_Academy on TradingView.com

– USOIL downtrend line rejection at $78.11 on 30-minute chart

– If rejection holds, likely drop to $77.44

– Break below $77.44 could lead to $75.53

– If rejection fails, potential rise to $78.63

– Break above $78.63 could push price to $79.00

– Apply Risk Management
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