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USOIL Latest Trading Strategy

915
⛽ Fundamentals:
Geopolitical conflicts in the Middle East persist, supporting oil prices on supply concerns. However, prices have risen excessively in the short term; IEA oil reserves release adds downward pressure, increasing the risk of a pullback from high levels with extreme volatility.

📉 Technical:
Price is approaching the strong psychological resistance at 100. Indicators are in overbought territory, suggesting a pullback.
Resistance: 99.8–100.5
Support 1: 95
Support 2: 90

🎯 Trading Strategy:Light short positions on rebound to 100–100.5
SL: 101
TP: 95
Extended target: 90 if support breaks

💡The previous signal has achieved profitability.Follow me for more consistent trading strategies.
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