The price is still in the range 1.26660 - 1.27798 and most likely this accumulation will be realized upwards. The nearest target is the level 1.28370, after that the buyers will move the price higher to 1.29372. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Fixing the price above the level of 1.13740 will lead to an increase to the resistance level of 1.14735. Of course, the possibility is not ruled out that the price will not be able to recover above this level, and then the target lies at 1.12240, and until this level is broken down, the bullish potential for the currency pair remains. ------------------- Share...
"Black Gold" showed excellent results and the price closed above $94. However, soon the instrument will need a downward correction, at least. SELL scenario: The short entry point is expected to be found at the resistance line of the uptrend channel. You can enter both on a rebound from this line or after a false breakout, which will be a more conservative...
The rapid growth of oil continues. After reaching the level of 94, as expected, buyers have not calmed down and are aiming for new highs. BUY scenario: At the moment, longs are relevant, especially from the level of 91.08, where the support line is also located. The price is expected to re-approach the level of 94. ...
✅WTI OIL is trading in an uptrend With the pair set to retest The rising resistance line From where I think bearish movement will follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
On our morning's live stream we discussed Oil. It looks like the market is finally preparing for a bearish move. On hourly time frame, the price formed a descending triangle formation - a classic reversal pattern. Its neckline breakout is our trigger to sell. I expect a bearish move at least to 89.5 level. ❤️Please, support this idea with like and comment!❤️
The oil channel is expected to be broken If it breaks, I expect the two areas to fall. Stop Loss and targets are specified.
The Canadian dollar is moving in the range of 1.26660 - 1.27798 and is currently trading at its lower border. This setup allows considering long trades up to the level of 1.27440. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
GBP needs some correction before it is ready to bullish again , we can see Head and shoulder in H1 for temporary sell until next 48 hours
Brent oil shows a clear pattern of developing bearish divergence on MACD vs. price when the dollar rallies. These have preceded oil routs 3 times historically. And yes, we have one now. I should point out that Brent oil is also at the top of an important historical trend which consists of lower highs and lower lows over the long run. The resistance trend has...
✅CRUDE OIL was trading in a sharp uptrend But now the price broke the local rising support And thus I think a local bearish correction Might happen with the target nearby SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Consensus is $100 WTI - everyone is talking about it, maybe it happens. From a technical standpoint - its overdone. Note the green arrows. This week comments Nancy Pelosi sent crude screaming higher. Obviously geopolitical issues will supersede technicals when it comes to oil prices. That said I expect these comments to fizzle away - now that all shorts...
the usoil price is in the weekly resistance level 🔥 i predict a bearish move 📉 i'm waiting for breakout🧐 TARGET: 75.351 🎯 if you enjoyed this IDEA, leave a LIKE, SUBSCRIBE or COMMENT!
Quite a relevant pair for today, so news on the labor market is expected for both currencies. At the moment, it is expected to rise to 1.27440, with the potential for growth to 1.28370. However, in connection with today's news, you need to be careful when placing orders. ------------------- Share your opinion in the comments and support the idea with Like. Thanks...
Hey traders, Oil is unstoppable. From the beginning of December, the market gained more than 35%. Ahead is a strong supply cluster. It is based on a major rising trend line that the price respected 3 times in a row in the past. Let the price test that structure and then look for a confirmation to short catching a pullback from there. ❤️Please, support this...
This is an update on the post I made last week regarding the correction I want to see before trading (you can see the full post on the "link to related ideas") The concept of the setup is pretty simple. The price has already behaved in similar ways in the current area in the past, and the last thing I need to observe to say "This is ready" is the correction I...
Hello traders, As predicted earlier, with OPEC+ increasing supply from the beginning of 2022, the price for oil rose up and above 85. Upside trend has taken a pause or in technical terms "retracement" or "consolidation" after a strong up momentum. As we can see in 4hrs charts upward momentum from 77 levels till 91. Now we will see prices move in range 84.5 -...