🛢️USOil 13th February 2025 Daily Analysis Based on Main Key Levels
- Neom
- Feb 13
- 1 min read
Daily Current Market Price (DCMP): 70.76
Below DCMP = Support | Above DCMP = Resistance
Key Levels Summary 🔑
Support & Resistance
Resistance (Sell Zones):
Immediate Resistance: 72.18 🚨 | Strong Resistance: 73.87
Critical Resistance: 80.73
Support (Buy Zones):
Immediate Support: 70.39 | Strong Support: 69.28
Swing Levels (Daily/4H): High: 80.73 | Low: 72.87
Technical Analysis Breakdown 🔍
Fibonacci Retracement:
Price hovering near DCMP (70.76). Break above 72.18 targets 73.87, while a drop below 70.39 risks 69.28.
RSI & MACD:
RSI at 45 (neutral momentum).
MACD histogram flattening near the zero line, indicating consolidation.
Intraday Trade Setups 💡
1️⃣ Intraday Buy Trade
Entry: 70.39 🟢 (Key Support Zone)
Stop Loss: 69.28 🔴
Take Profit 1: 71.83 🟡 | Take Profit 2: 72.18 🎯
Rationale: Strong confluence at 70.39 aligns with Fib retracement. Upside targets pivot and immediate resistance.
2️⃣ Intraday Sell Trade
Entry: 72.18 🔴 (Critical Resistance)
Stop Loss: 73.87 🛑
Take Profit 1: 71.06 🟡 | Take Profit 2: 70.39 🎯
Rationale: Rejection likely at 72.18 (resistance zone). Downside targets align with Fib support levels.
Risk Management ⚠️
Maintain a 1:3 risk-reward ratio.
Monitor 4H closing prices for trend confirmation.
Note: USOil consolidating near DCMP; trade reversals at key levels with strict stops.
📉 Final Takeaway: Focus on 70.39 (buy) and 72.18 (sell). Align stops with swing levels (73.87 / 69.28) for optimal risk control.
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