Hello,Traders! CRUDE OIL is trading in an uptrend But the price is about to hit the strong resistance level And as oil looks locally oversold I would be Expecting a local bearish correction Towards the target below Sell! Like, comment and subscribe to boost your trading!
I bought 83.9 but it is going up.. if it will cross 84 my stoploss will be hit .
Swap919
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94
TradingAlchemist
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Great analysis!!
Al_K
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Yes, it looks like oil will soon fly off these annual highs at least for a correction since: 1) There will be no Ukraine-Russia war since the Kremlin's plan has become public and now it will simply ruin Russia, this will not happen; 2) OPEC+ increases production by +400,000 barrels per day in February. 3) The incidence of Omicron breaks all records for the number of cases.
fantasyste
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Imho this will go to 81, maybe lower if market conditions change.
ForexTrendline
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Good job!
EliteTradingSignals
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I am expecting the same movement!
SignalProvider
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quality stuff
kimstandgraph
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Good
JoeChampion
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With Bullish Cad, i think we’ll have more upsides on USOIL