📊 USOIL Daily Analysis Based on Main Key Levels – 7 April 2025

Daily Current Market Price (DCMP): 59.31

Immediate price framework:

Below DCMP: Support confluence (57.74–53.25)

Above DCMP: Resistance cluster (60.51–69.47)

📍 Critical Zones

Support (Bullish Triggers):

✅ S1: 57.74 (Strategic Fibonacci retracement anchor)

✅ S2: 53.25 (4H chart liquidity pool)

Resistance (Bearish Barriers):

❌ R1: 60.51 (38.2% Fibonacci extension zone)

❌ R2: 64.99 (Descending trendline resistance)

Swing Levels:

🔺 Daily/4H Swing High: 73.11

🔻 Daily/4H Swing Low: 68.87

🔍 Technical Snapshot

Fibonacci Framework: Price consolidates between 57.74 (61.8% retracement) and 60.51 (38.2% extension).

RSI: Neutral at 48, indicating balanced momentum.

MACD: Bearish crossover persists below the signal line.

💡 Trade Setups

1️⃣ Intraday Buy Trade

🎯 Entry: 57.74 (Demand zone aligned with Fib confluence)

🛑 Stop Loss: 56.20 (-1.54 points)

🎯 Take Profit 1: 59.26 (+1.52 points)

🎯 Take Profit 2: 60.77 (+3.03 points)

Catalyst: Bullish divergence on 4H RSI & rising volume profile.

2️⃣ Intraday Sell Trade

🎯 Entry: 60.51 (Supply zone near Fib extension)

🛑 Stop Loss: 62.00 (+1.49 points)

🎯 Take Profit 1: 59.26 (-1.25 points)

🎯 Take Profit 2: 57.74 (-2.77 points)

Catalyst: Bearish order block activation & declining A/D line.

📉 Risk Protocol

Allocate ≤1.5% capital per trade.

Monitor EIA crude inventory data (9 April) for volatility triggers.

🛢️ Fundamental Context

Geopolitical Risk: Escalating Middle East tensions may disrupt supply chains.

USD Correlation: Strengthening dollar weighs on oil prices.

Disclaimer: Analysis combines institutional order flow patterns with Fibonacci tools. Verify with WTI-Brent spread for confirmation. 🚨