USOil liquidity sweep expected below 60.00 level

**Monthly Chart (Bearish)**

USOil August 2024 monthly candle closed bearish. Sept monthly candle is also closing lower and suggesting a move lower to at least test 61.00 to 60.00 levels.

**Weekly Chart (Bearish)**

Last week's candle closed bearish indicating a continuation of the bearish move at least to take the liquidity below 64.00 level.

**Daily Chart (Bearish)**

Crude Oil (US Oil) looks bearish after testing 72.00 level for the second time last week which created a double top on the daily chart at the test of the liquidity pool before moving lower. This week, we will be looking at a slight fullback at least to 69.00 before resuming the move lower to target the 64.00 level and then below the 62.00 level.