US Oil Validates Its Breakout!

Olimpiu Tuns



Select a Plan


 1-month subscription



 3-month subscription



 6-month subscription



 lifetime subscription



 Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

US Oil decreased a little in the short term but the outlook remains bullish. It has decreased to test and retest the immediate support levels before jumping higher. Technically, the breakout above the near-term strong resistance levels signaled a potential further growth.

Still, the rate could move sideways before resuming its upwards movement. The US Oil rallied after the US Crude Inventories release on Wednesday. The economic indicator dropped from 1.3M to -1.7M much below -1.0M expected.

US Oil H4 Chart Technical Analysis!

US Oil has increased as much as 67.49 on Friday failing to reach the 67.94 higher high. Still, the rate has taken out strong resistance levels, that’s why the price could resume its growth.

It has finally managed to stabilize above 66.68 static resistance and outside of the descending pitchfork’s body. I’ve told you in the live sessions or in my previous analysis that an upside breakout through the UML could confirm an upside continuation.

Now it has decreased to retest the 66.58 and the ascending pitchfork’s median line (ml). Staying above these levels and registering a new higher high could really signal potential growth.


Its breakout above 66.58 and through the upper median line (UML) could signal more gains ahead. It could increase as long as it stays above the ascending pitchfork’s median line (ml).


Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Olimpiu Tuns

Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks.

He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms.

Leave a Reply

Your email address will not be published. Required fields are marked *