This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy
NYMEX:CL1! This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy
This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy
two days ago they gave you news that there is supply cut; retail are rushing in to buy oil to take to new highs but little do they know the plan is to take the oil down to abyss the plan is evil and eveyrthing is planned
In this update we review the recent price action in the the Crude Oil futures contract and identify the next high probability trading trading opportunities and price objectives tot arget
OPEC+ has taken a tough stance, slashing output by 2 million barrels per day (bpd) beginning in November 2022, the largest reduction in crude oil production since March 2020. In addition to production extending the agreement through 2023, oil producers have agreed to hold semiannual rather than monthly meetings. WTI oil briefly spiked to $87/bbl following the...
Type: Bullish Momentum Resistance: 90.21 Pivot: 86.10 Support: 83.00 Preferred Case: The price is above the ichimoku cloud and breaking descending trendline, we have a bullish bias that the price may rise from the pivot at 86.10 which is in line with the overlap support to the 1st resistance at 90.21, which is in line with the overlap resistance and 61.8%...
After fake breakout 80% the market will accelerate to level 90.40 if the market break level 90.40 with force will touche level 97.54 NYMEX:CL1!
pitchfork IS A indicator for resistence and suppport i doit manuelle you can find him automaticaly but its not easy you have to learn it from me or some body else so its change to be easy
Oil has dipped into the $70's again, but has regained the $80's following reports that OPEC will cut production . We blasted through lower levels in the $80's, and are currently retesting $83.21, with a red triangle on the KRI confirming resistance. If momentum continues, we have several more levels to cross before our target of $85.55. Depending on how much...
Hi Everyone, Sorry For the late update, but here some update for you.: Beware of next move.. there is probability to get rebound and aim 88 - 110 and make range around that after some of country and Russia cut the oil Production. our last Ideas: i try to always we will keep you all updated . Please don't forget to like, comment and follow to support us, i...
WTI Crude Oil opened with a nice gap today. What we know about the gaps is the fact that 80% of the time they are filled. To trade this gap, watch 81.3 - 81.5 horizontal support. It is a neckline of a double top pattern. Wait for 1H candle close below that, then short on a retest. Initial target will be 79.8 If the price sets a new high, the setup will be...
CL Sell opportunity Short term If you like my idea support me with like
Hey traders, As I predicted, WTI Crude Oil has perfectly respected a major falling trend line and dropped from that. We already caught 2 very nice winners shorting that. To catch a bearish continuation, watch 79.15 - 80.90 horizontal neckline of a head and shoulders pattern. We should wait for 4H candle close below that to confirm the breakout. Then shorting...
Oil has weakened with the price action rounding off at $83.21. We are currently seeing support at the base of the $80 handle with the level at $80.00 holding strong for now. We have several green triangles on the KRI confirming support. The Kovach OBV has dipped with the selloff, and we will need more momentum to come through in order to establish higher...
Hey traders, Update for WTI Crude Oil: the price finally retested the broken neckline of a descending triangle on a daily. On an hourly chart, the market formed a double top formation and broke its neckline then. It looks to me that WTI will drop soon. Goals: 80.3 / 79.3 ❤️If you have any questions, please, ask me in the comment section. Please, support my...
XOP - is in the same type of consolidation it has been TWICE prior to its' current location. It has already bounced off of $114 support level. I'm anticipating the price running to a resistance level of around $180 with a pull back which would launch it THROUGH the $180 level which it hasn't been over since 2015. If current market condition continue running...
Price action analysis for Oil Key levels and important structures to watch. Bearish outlook explained. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️