Oil won't go above $150

[Maryann]

Technically, On USOUSD, I’m seeing a temporary shift in momentum on the daily timeframe.

Price is currently reacting upward, but this does not yet confirm a sustained bullish trend. The move could extend slightly higher, potentially towards $109, before encountering stronger resistance.

From a higher timeframe perspective, the weekly structure still suggests weakness. A bearish weekly close could open the path for further downside, with $85 as a possible longer-term area of interest.

I know most will be expect a bullish continuation due to the ongoing fundamental news, But regardless, I think my chart is showing me otherwise, its fine if I get it wrong or even loss because is part of my growth and for the losses, since I will be dealing the trade on bitget I am very well protected with the VIP Westay that help reduce my loss