USOIL H4 28th JuneWTI CRUDE OILTVC:USOILIIAFUSOIL | H4 Analysis On the 4-hour timeframe, the market structure continues to favor a bearish outlook. Price is expected to extend its decline toward the highlighted Order Block zone between 67.30 and 63.50. This area is considered a significant demand zone where liquidity is likely to be collected. If price reaches this region, the primary scenario is for liquidity to be swept before a potential bullish reversal begins. Following valid Price Action confirmations and the formation of a CHoCH (Change of Character), the probability of a shift from a bearish to a bullish market structure increases. In that case, price could begin advancing toward the following targets: 🎯 Target 1: 78.98 🎯 Target 2: 86.30 🎯 Followed by a move toward the higher Order Blocks marked on the chart. From an intermarket correlation perspective, a bullish move in USOIL could indicate relative strength in GBP and EUR against JPY, as rising oil prices are often associated with a weaker Japanese Yen. If this relationship remains intact, pairs such as GBPJPY and EURJPY may benefit from the expected upside, provided other macroeconomic and market conditions remain supportive. Disclaimer: This analysis reflects my personal market view and is for educational purposes only. It should not be considered financial advice or a trading signal. Always wait for confirmation and apply proper risk management before entering any trade.