If you are a friend who likes to trade oil, you can do a rebound at 77.5-77.8. Combined with the trend channel, oil will rebound to a certain extent after falling. For ultra-short-term trading, you can also buy to earn the difference. In the past, you always failed when trading alone. But everything will change after you follow me. Because we will be the...
In terms of oil, after the news of substantial persistence came to light. Oil prices have been trending downward. This is true in the medium term and also in the short term. Currently, the top of 79 serves as a pressure position and is a good selling point. The small-level target below is around the price of 77.5. Operations are still focused on selling. In...
WTI is currently sitting at below 0.5 FIB level on a weekly data -- a key area where most buyers converge. $65-70 area has been quite a solid order block support. It has been tested many times and oil keeps bouncing up from this range. A bounce is expected from current price range. Accumulation has notably started increasing at the present levels. Spotted at...
My dear friends, USOIL looks like it will make a good move, and here are the details: The market is trading on 78.13 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 78.81 About Used Indicators: Pivot points are a great...
Crude oil began to rise sharply yesterday as geopolitical conflicts intensified and the situation in the Middle East became tense again. Both API and EIA reserves are negative this week, which is another good signal for crude oil. The upside of gold continues to expand with the support of data and geopolitical conflicts. At present, MACD is in the positive zone,...
Expecting the price to rebound from the current demand zone and test $87 area. If break out from that supply area is successful, the price should continue to rally to $90.
Wave “4” traveled a greater distance than I had anticipated. At the moment I expect a small update of the 78.80 low and the beginning of the upward movement with the aim to reach the resistance area of 84.42. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 79.77 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 80.80 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at...
Hello,Friends! The BB lower band is nearby so USOIL is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 79.27. ✅LIKE AND COMMENT MY IDEAS✅
Ascending trend line holds price and can push it to goes high again. Double bottom potential in lower timeframe and zigzag pattern can cause price rise again. Trade safe. Good luck.
✅CRUDE OIL is going down to retest a horizontal support of 77.00$ Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 78.81$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Daily bias is bearish but we can definetly expect price to come back up a bit with the recent Change of charachter on the 4H/1H TF i would like to long from here
The USOIL has recently signaled a bearish breakout from its previously bullish channel. Additionally, there's notable evidence of selling pressure around a highlighted resistance level, suggesting a reversal in trend. As a result, we anticipate a continuation of the bearish trend towards a significant support level, which has previously shown considerable buying interest.
- all rectangles are potential support/resistance with the last one blue being a probable exception - the 3 marked with dots levels can also become support/resistance, especially the first bottom blueish one, but they can also become like milestones levels or steps in the evolution of the price - the 2 green curves are also potential support/resistance acting as...
Hey there on 4hTF The US30 looking for Mid Range downside 39000 and upside target 40000 so we can observe the first will go Downside and then touch upside in this week so we can hope for the confirmation before we can update on Monday
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The analysis of the USOIL chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️