Hello,Traders! CRUDE OIL is going down But will soon hit a rising Support line from where We will be expecting A bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅CRUDE OIL will soon retest a key support level of 80.50$ So I think that the pair will make a rebound And go up to retest the supply level above at 81.58$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 82.33 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 80.50 which is a level that lies underneath a pullback support. Take profit is at 84.67 which is an overlap resistance. ...
WTI oil (XTI/USD) is falling towards the pivot. Could this commodity potentially stall around this level before reversing to bounce higher towards the 1st resistance? Pivot: 81.38 1st Support: 77.77 1st Resistance: 85.57 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 81.04 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 80.00 which is a level that lies underneath a pullback support. Take profit is at 84.47 which is an overlap resistance. High...
The overall trend of crude oil hit the bottom yesterday, and the rebound did not break after testing 80.7 for the second time. It's still going strong. A positive hammer line collected on the daily chart. A close like this meant the market would rebound, and it has now. The key pressure level is 83.6. As long as the market does not break here, the market will...
We have bullish signal on USOil H1 chart, Risk reward 1/2. Bulls formation is clear, i think they can renew current resistance...
WTI oil (XTI/USD) has made a bullish bounce off the pivot. Could this commodity potentially continue to climb towards the 1st resistance? Pivot: 83.17 1st Support: 81.86 1st Resistance: 85.42 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
The crude oil market is as expected. The Asian and European markets are falling. The US market continues to be optimistic about the bulls. The market has tested as low as 80.7. Our stop loss is placed at 80.5. The US market still maintains low and long positions. The lower defense is placed at 80.5. The target is first. See if 82.5 breaks. If it breaks 82.5, it...
WTI oil (XTI/USD) has made a bullish bounce off the pivot. Could this commodity potentially continue to climb towards the 1st resistance? Pivot: 81.86 1st Support: 80.62 1st Resistance: 85.42 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 80.47 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 78.80 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is...
✅CRUDE OIL has retested a key support level of 80.50$ And as the price is already making a bullish rebound A move up to retest the supply level above at 83.00$ is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
WTI Oil (USOIL) hit the 1D MA50 (blue trend-line) today for the first time since February 07 and touched the bottom of the long-term Channel Up, forming a Higher Low. This is only 2 weeks after the formation of a 1D Golden Cross, the first since August 22 2023. That Golden Cross was also formed during a correction, which eventually kept the 1D MA200 (orange...
WTI oil (XTI/USD) could fall towards the pivot which has been identified as an overlap support. Could this commodity potentially bounce off this level to climb towards the 1st resistance? Pivot: 80.96 1st Support: 76.53 1st Resistance: 87.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...
On Friday, during the European trading session, WTI crude oil prices fell slightly. WTI crude oil futures experienced modest gains during the Asian session after Israel attacked Iran, initially surging 3% but later giving up most of those gains. The escalation briefly raised concerns about potential supply disruptions, but those concerns faded as the situation...
WTI oil (XTI/USD) has made a bullish breakout through the pivot and momentum could carry it up toward the 1st resistance. Pivot: 84.86 1st Support: 81.01 1st Resistance: 87.77 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
WTI Crude Oil came to day to the closest point it has been near the 1D MA50 in more than 2 months, since the February 6th breakout. The 1D technical outlook is neutral (RSI = 48.820, MACD = 1.03, ADX = 27.71) indicating that this is the most efficient buy entry since the February low. The market has already formed a 1D Golden Cross and displays striking...
Crude Oil (June) Yesterday’s close: Settled at 82.15, down 2.68 June WTI Crude Oil futures are now front month and our levels are updated below. A sharp move, in this case the two-day drop, is not uncommon during times of roll and post option expiration as Crude Oil tends to cleanse positioning. With geopolitics front and center as the weekend approaches,...