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.
WTI Crude Oil reached a key daily structure resistance. The price formed a tiny little double top on that on 1H time frame. Its neckline has been just broken. The market will most likely keep retracing. Goals: 79.9 / 79.6 ❤️Please, support my work with like, thank you!❤️
Good afternoon and good evening traders, for today on CRUDE OIL it went sideways and on the other 2 markets we traded and it's okay since this is how trading works, today's not our day so we stopped at the morning after losing 1.5K and we'll recover it in the following days. I don't only share my wins, losses also must be shared so beginners know that trading...
Good morning traders, I'm sharing with you my trade on CRUDE OIL for today, I got in with my clients an hour ago and I want to share it with you now. As you see on the chart the price broke the channel with a high volume after consolidating the whole night. SL and TP set them at your own risk In case you got questions don't hesitate to ask
This week NFP release will be the center of attention for future interest rate release from the federal reserve. With price currently within indecision, we might as well be expecting a breakout or a rejection from supply at 81.87 due to newly weekly mitigation at 73.70 which buyers have shown momentum in the last seven days. If price fails to break 80.53-...
Oil is bearish and most likely will test $60-$65 range.
We see bearish H&S pattern on Brent H4 chart. Also there is strong triangle pattern, thats why we can put limit orders, if bearish H&S pattern will confirmed it will be sell signal, if market will break $87 resistance it will be buy signal...
This situation has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I...
As forecasted in our Jan 29 post (chart below), crude oil found strong support to reverse price to the upside and price is now back at another resistance level at 80 circa. A break above the resistance level will expose crude oil price to test the swing high at 90. N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the...
The trend line has already been breached and now we can expect the price of oil to follow a new low while the recent bullish trend formed already retraced more than 61% on the fib. On the daily timeframe, we are following a major bearish trend for a few months now which already retraced and almost wiped off the gains that happened last year. Thanks for visiting...
USOIL WTI H4 Triple Top Pattern Breakout Target 74.70 area let's see the market condition.
After many touches of USOIL and followed by rejection, the resistance level above 80.45 actually proved to be strong. Having created micro double top at the resistance level, USOIL is likely ready to re-test its support level. N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and...
Crude Oil broke and closed below a support line of a rising wedge pattern on 4H. Taking into consideration that the market has recently reached a solid supply area, probabilities are high that the market will keep falling. Goals: 78.3 / 77.4 ❤️Please, support my work with like, thank you!❤️
Multiple time frame analysis on WTI Crude Oil. Price action & key levels. Trading recommendations & potential scenarios. ❤️Please, support this video with like and comment!❤️
From the previous analysis I analyzed as oil could bottom at 75 dollar. However it broke my resistant and stayed at 70 dollar point. Even the oil broke my resistant line. I kept my bullish analysis because it didn't show any major bearish pattern. I personally confirm that recent bearish move was just a fake one. I adjusted my bullish target to 90 dollar...
Taiwan' s conflict between China is rising in thesedays. people were optimistic about WTI but now they concern about the major war could begin in pacific ocean near Taiwan. If China begins the war with Taiwan. The US will sanction on china and the most demanding country of Oil will disappear. Low demand will lower down the price. Also the MACD is telling me...