Buy Opportunity

Entry: Buy WTI Crude Oil CFDs at $66.88.
Stop Loss: $65.60 (below the recent low and key support).
Take Profit:
First target at $69.35 (close to previous resistance).
Second target at $72.79 (8.83% profit potential).
Timeframe: The move is expected to play out over the next 9-10 days, as indicated by the projection curve on the chart.
Analysis Breakdown:
Support and Resistance Levels:

The price seems to have found a support zone around $66.88.
Resistance levels are marked at $69.35, $71.65, and a higher level at $72.88.
Volume Profile:

Visible volume profile on the left side suggests strong activity in the highlighted zones, indicating areas of high liquidity and potential areas of support/resistance.
Momentum Indicator (Squeeze Momentum):

The lower panel shows a Squeeze Momentum Indicator.
The histogram is currently red, indicating bearish momentum, but there’s a hint of weakening bearish pressure as the bars are shrinking.
Potential Trade Setup:

Long Position: Entry at the support level of $66.88.
Stop Loss: Positioned below the $66.00 level (around $65.60).
Take Profit Levels: Targets are set at $69.35 (first target) and $72.79 (final target), aiming for an 8.83% upside move.
Risk-Reward Ratio:

The risk-reward ratio appears favorable based on the analysis, with a potential reward of around 5.91 points ($5.91 move up).