Technical Analysis:
US oil appears promising for long positions on the 1-hourly time frame. However, confirmation near the marked zone is essential to validate further upside potential. Traders can consider entering long positions after confirmation near this level, aiming for a target of 75. A dip towards 73.7 could present a good buying opportunity, with the risk-reward ratio looking favorable for buyers.
Disclaimer: Trading involves inherent risks and may not be suitable for everyone. Past performance is not indicative of future results. It is important to carefully consider your financial situation and risk tolerance before engaging in trading activities