Here is my fresh structure analysis for WTI Crude Oil for this week. Resistance 1: 73.88 - 74.3 area Resistance 2: 76.56 - 77.10 area Resistance 3: 78.60 - 79.85 area Resistance 4: 83.2 - 83.5 area Support 1: 67.90 - 68.05 area Support 2: 64.4 - 66.9 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Possible Reversal H&S. We except higher prices as we analyzed before. Have a look at our previous analysis, link below👇
I'm waiting for a small retrace to enter. I will close the Long at Resistance around $80. I'm bullish on Brent to go further but I will wait for confirmation with brake out of area resistance and break out of down trend line above the area for another Long.
A bullish close after today's trading will provide more confirmation. however, price has tested the support level at 77 for the past 4 days and bulls keep sending price high every time bears brought the price low... N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for...
Instruments : WTI Possible direction : Bullish Technical Analysis : Early this month WTI opened with big gap up and signaling possible trend change. After long consolidation, WTI filled the gap and currently bouncing off the support level. It is highly likely that WTI may change trend and continue to uprise. A bullish trade is high probable. Possible trade...
Hi guys , hope you well My opinion is uptrend in gold nice demand SecondChancecrypto 21/april/23 (DYOR)
You can see my old analysis for oil that linked in bottom and after that you can understand what i mean and how the wave move with my analysis Good luck all.
Hey Traders. TrendLine + Static Level increase probability of retracement. We had a look at Brent Crude 3M chart before.
Hey Traders, Trend line Breakout, Return to FTR. Bullish is more probable.
#COMMODITIES #TRADESETUP 📡🔞 TRADE $BRENT 🔽 LONG (BUY) > 76.20$ ❌ STOP > 75.10$ (1.18%) ✅ T1 > 93.32$ (RR 19.31) ✅ T2 > 119.5 (RR 48.41) ☠️CAUTION !!!! 2 IMPORTANT INFORMATION TO TAKE INTO CONSIDERATION: > THIS IS A MT/LT TRADE. REGARDING THE SETUP. JAC IS DONE AND WE ARE WORKING ON THE EXIT. PIV D (76.47$) MIGHT BE THE KEY. > IF WE REINTEGRATE THE FORK (BACK...
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FX_IDC:USDBRO traded below $75 last week. Given the economic challenges, I'm open to weak oil prices. Unless there's a bounce at $71, we might see $64. How will this affect JSE:SOL , I don't know but I don't want to pay more than R30/L for petrol.
Good afternoon traders! This morning I posted to sell CRUDE OIL (CL1!) QUITE HIGHER and BEFORE EVEN GETTING A CLEAR VIEW for what's happening on the market. I got a message on twitter from someone said that it's impossible for it to go down since the market is higher and it all shows that it will keep climbing up, my answer was "keep watching the chart for the...
Good morning CRUDE OIL traders! I'm sharing with you onr of our trades for today and it's on CRUDE OIL, as you can see on the chart after the squeeze of buyers with a high volume now the market is dropping. Bonus: Pay attention to the support line I drawn, if the price pulls back on it you close, if not you add another position. Set TP and SL at your own risk ...
Following monthy chart. Before I shared a short setup an it hit the target Then shared a long setup, it hit the target This time it's a bit concerning. I got a short signal from my indicator and I think target will be 45.27 in fibo. SL 112. This means recession, something bis is coming soon.
M formation has formed over the Rising Flag. This confirms not one but 2 bearish patterns in the making. There is a strong chance of the price coming down. and we have other indicators confirming. 7= 21 - crossing Price <200 RSI<50 Target $67,71
good afternoon and good evening traders, I'm sharing with you the recap of my trade for today on CRUDE OIL, today I posted it too early than usual since my custommers and I got in multiple markets and were already on profit at the moment we got in this one. The reason why we sold is theprice pulled back on thet resistance line which is provided by a tool I can't...
interest rate hiking will continue in March with FED's decision. I pesonally belive that FED will raise only 25bp but it will be effective indeed. Inflation will go down until April so as WTI oil. My price target to short oil is 60 dollar. I can see some perfect Head and shoulder pattern also from the chart.