USOIL 14th March 2025 Daily Analysis Based on Main Key Levels 🛢️

Daily Current Market Price (DCMP): 67.16

Critical Price Zones

• Above DCMP (Resistance):

  • Immediate Resistance: 67.32 🚩

  • Major Resistance: 68.52 🚩
    

• Below DCMP (Support):

  • Immediate Support: 65.30 🚩

  • Major Support: 62.29 🚩
    

Swing Levels (Daily/4H Timeframe):

• Swing High: 73.11

• Swing Low: 65.25
  

Technical Analysis Snapshot 🔍

1. Fibonacci Levels:

   • 61.8% retracement at 65.30 (critical intraday buy zone).

   • 38.2% extension resistance at 67.32.

2. RSI Divergence:

   • RSI (51) neutral with bearish divergence near 67.32 resistance.

3. MACD Crossover:

   • Bullish crossover forming near 65.30 support.
     

Intraday Trade Setups ⚡

Trade Setup 1: Intraday Buy

• Entry Price: 65.30 📍 (61.8% Fib + Weekly Support1)

• Stop Loss: 64.32 🔴 (Below Weekly Support2)

• Take Profit 1: 67.16 🟢 (DCMP Retest)

• Take Profit 2: 67.94 🟢 (Daily Resistance2)

  
  

  Rationale: Confluence of Fib retracement and institutional liquidity at 65.30. MACD bullish momentum supports upside potential.
  

Trade Setup 2: Intraday Sell

• Entry Price: 67.32 📍 (38.2% Fib + Weekly Pivot Resistance)

• Stop Loss: 68.52 🔴 (Above Major Resistance)

• Take Profit 1: 65.30 🟢 (Immediate Support)

• Take Profit 2: 62.29 🟢 (Liquidity Zone)

  
  

  Rationale: Strong resistance cluster at 67.32 (Fib + weekly pivot alignment). Bearish RSI divergence signals profit-taking pressure.
  

Key Levels Summary 📌

Parameter	Level	Significance
DCMP	67.16	Current Market Reference
Immediate Resistance	67.32	Weekly Pivot & Fib 38.2%
Major Resistance	68.52	Institutional Sell Zone
Immediate Support	65.30	Fib 61.8% & Volume Floor
Major Support	62.29	Strategic Liquidity Pool

Strategic Outlook 🔭

USOIL trades near DCMP (67.16) with neutral-to-bearish bias, driven by:

• Resistance dominance at 67.32–68.52 (supply cluster).

• Support accumulation at 65.30–62.29 (demand zone).
  

Action Triggers:

• Bullish Reversal: Sustained close above 67.32 targets 68.52.

• Bearish Breakdown: Drop below 65.30 opens path to 62.29.
  

⚠️ Risk Note: Monitor OPEC+ production decisions and US crude inventory data for volatility spikes.

🔔 Confirm trades with candlestick patterns (e.g., bullish hammer, bearish engulfing) at key levels.