USOIL POTENTIAL TRADE SETUP

📢 Quick Market Update: EIA Report on USOIL Crude Oil

The EIA Crude Oil Stocks Change report is out, and it caught everyone off guard! The actual figure came in at -1.017M, significantly higher than expected. This is negative for Crude, signaling potential lower prices ahead.

If you caught our last WMA announcement, you’re already prepared for this scenario. Based on the report:
🔹 Expect Crude to decline toward $73 support.
🔹 A potential bullish recovery could follow, aiming to break above the yearly descending triangle formation on the chart.

💡 Key Notes:
No open trades currently.
The fakeout is confirmed, so a dip towards yearly support strengthens confidence in our potential BUY trade.
For now, stay put and let the market settle.

📈 Once we confirm a bullish reversal or continuation, we’ll look to go long. Remember, the overall market trend remains bullish, so stick to the trend and trade smarter, not harder!

Stay tuned for further updates! 🚀