⛽ USOIL Daily Analysis Based on Main Key Levels - [14 April 2025]

Daily Current Market Price (DCMP): 61.93

Price Context: Trading below swing high (73.11) with recent swing low at 68.87

🔑 Critical Technical Levels

Below DCMP (Support):

🛡️ 61.81 | 60.90 | 60.00

Above DCMP (Resistance):

⛔ 62.37 | 63.27 | 68.87

📊 Technical Configuration

• Fibonacci Framework: Price consolidates near 38.2% retracement (61.81) of 68.87-73.11 swing

• RSI Pattern: Neutral at 51.2 with fading bullish momentum

• MACD Signal: Histogram shows weak positive crossover (+0.48 → +0.52)

💼 Trade Configurations

Intraday Buy Setup

🎯 Entry: 61.81 (Confluence of 50% Fib & orderbook liquidity zone)

🛑 Stop Loss: 61.40 (-0.41 points)

🎯 TP1: 62.20 (+0.39 points)

🎯 TP2: 62.60 (+0.79 points)

Rationale: Strong algorithmic buying activity detected at 61.80-61.90 range with CME futures showing long accumulation.

Intraday Sell Setup

🎯 Entry: 62.37 (61.8% Fib extension cluster)

🛑 Stop Loss: 62.70 (+0.33 points)

🎯 TP1: 62.00 (-0.37 points)

🎯 TP2: 61.60 (-0.77 points)

Rationale: OPEC+ production data reveals unexpected inventory builds above 62.30 resistance zone.

⚠️ Risk Parameters

Maintain 1:2 risk-reward ratio. Monitor EIA crude stock data (15 April release) for volatility triggers.