📈 USOIL 19th February 2025 Daily Analysis Based on Main Key Levels

Current Market Price (DCMP): 71.92

Key Levels Below DCMP (Support): 71.14, 70.89, 70.48

Key Levels Above DCMP (Resistance): 71.95, 72.20, 72.61

🔍 Technical Snapshot

Critical Swing Levels:

Swing High: 80.73

Swing Low: 72.87

RSI: Neutral, no divergence detected.

MACD: Flatlined, indicating weak momentum bias.

💡 Intraday Trade Setups

🟢 Intraday Buy Trade

Entry: 71.46 🎯

Stop Loss: 70.48 🛑

Take Profit 1: 71.14 ✅

Take Profit 2: 71.95 ✅

Rationale: Strong support confluence at 71.46 (Fib retracement + liquidity zone), ideal for bullish reversions.

🔴 Intraday Sell Trade

Entry: 72.75 🎯

Stop Loss: 72.61 🛑

Take Profit 1: 71.95 ✅

Take Profit 2: 70.89 ✅

Rationale: Resistance cluster at 72.75 aligns with Fib extension, signaling bearish rejection potential.

📉 Critical Zones to Monitor

Break Above 72.61: Risk of bullish momentum toward 73.50+.

Break Below 70.48: Potential decline to 70.00–69.50 support band.

Pro Tip: Trade reversions at key levels with strict risk management. Confirm with RSI/MACD shifts for high-confidence entries! 🚀