USOIL on the 4H timeframe is currently trading inside a well-respected symmetrical triangle pattern, showing clear compression between descending resistance and ascending support.
Price is now approaching a critical support zone near 95, where buyers may step in for a potential bullish continuation. The current structure suggests that a fake breakdown followed by a strong breakout above resistance could trigger an impulsive bullish move.
Price is now approaching a critical support zone near 95, where buyers may step in for a potential bullish continuation. The current structure suggests that a fake breakdown followed by a strong breakout above resistance could trigger an impulsive bullish move.
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