๐ USOIL (Perpetual) โ Short Signal
๐น Entry Zone: 106.00 โ 109.00
๐ฏ Take Profits:
TP1: 103.00
TP2: 101.00
TP3: 98.00
๐ Stop Loss: 111.00
๐ผ Signal Type: Short (Swing)
Short Analysis
USOIL is showing a clear bearish rejection on the 1H timeframe after testing the resistance near 110.00. Price failed to sustain higher levels and is now consolidating with a downward bias, indicating exhaustion in the recent bullish move.
Market structure suggests a potential corrective phase, with sellers gradually gaining control. As long as price remains below 111.00, the bearish setup stays valid and downside continuation is expected.
Targets are aligned at 103.00, 101.00, and 98.00, with 98.00 acting as the primary swing target. Maintain proper risk management and follow the plan.
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