CFDs on Crude Oil (WTI)
Short
Updated

USOIL (WTI) – 1H Time Frame Analysis...

403
USOIL (WTI) – 1H Time Frame Analysis 📉 (Educational)
Current chart shows overall bearish structure with price trading below the descending trendline and reacting under resistance.
🔴 Sell Scenario (if rejection confirms):
📍 Entry Zone: 69.70 – 70.20
🎯 TP1: 68.60 (support / first target zone)
🎯 TP2: 67.40 (next target zone)
🎯 TP3: 66.50 (extended bearish move)
🛑 SL: Above 70.80 – 71.10
📌 Reasons:
• Price remains below major trendline
• Resistance zone still holding
• Lower highs structure active
• Bearish momentum still visible
⚠️ Wait for 1H candle confirmation before entry and manage risk (1–2%).
Caption:
“USOIL rejecting resistance — bearish continuation remains valid below trendline 📊🔥”
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