$USOIL
With rising geopolitical tensions creating volatility in the market, scalping is currently the most effective strategy for trading oil. For this reason, I’ve marked key levels on the chart for you.
All you need is LTF confirmation on the 1H and 4H timeframes:
If price breaks and closes above the green line, you can look for long positions.
Stop loss should be placed at the low of the last 4H candle.
Vice versa for short positions if the level breaks to the downside.
Note: This strategy is shared purely for educational purposes and is specifically designed for trading oil only. 📊