Today's Opportunity on US Oil, March 5, 2024

Us Oil Forecast today March 5, 2024

Today's Opportunity on US Oil, March 5, 2024
Today's Opportunity on US Oil, March 5, 2024

I will talk about in this article

  1. Us Oil price Today 
  2. Us Oil price Forecast 5 March 2024 1D Time frame
  3. Us Oil price Forecast 5 March 2024 1H Time frame
  4. Entry Trade Us Oil Market


 1.Us Oil price Today 

Prices for US oil on March 5, 2024, showed sideways movement around the demand zone of $78.78. 

2.Us Oil price Forecast 5 March 2024 1D Time frame

The current price of oil today is $78 in the morning of March 5, 2024. In the daily timeframe, I see that US oil prices are likely to continue rising after the corrective decline that occurred yesterday, reaching the demand zone of $78. 

Today's Opportunity on US Oil, March 5, 2024
Today's Opportunity on US Oil, March 5, 2024

3.Us Oil price Forecast 5 March 2024 1H Time frame

Therefore, we currently have a buying opportunity on US oil. In the hourly timeframe, we have a buying opportunity currently with the condition of breaking prices to the level of $79 in the five-minute timeframe.

Us Oil price Forecast 5 March 2024 1H Time frame
Us Oil price Forecast 5 March 2024 1H Time frame

4.Entry Trade Us Oil Market

Buy limit : 78,64

Stop loss:77,77

Take Profit: 80,17



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