USOIL Bullish Reversal Opportunity

Crude oil prices seem to be facing a strong resistance zone. A potential Bullish reversal may occur if the price breaks the previous Lower High.

Bulls may eventually face a strong resistance zone around 78 till 81. If this zone breaks, the likelihood of TP2 will increase.

Trade Plan

Entry @ 75.6
Stop Loss @ 72.15
TP1 @ 79.05
TP2 @ 82.5

No. of Trades: 2

Move SL to Break Even if TP1 hits.
Chart PatternsTechnical IndicatorsTrend Analysis

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