10.11.22 On this video, I'm looking for ABCD patterns it might help us define reversals. I am using the oil and the gold charts to look at these patterns. In fact, there may be a reversal pattern for the will to go higher, and for the gold to move higher based on the ABCD patterns.....Do not trade this. Get a feel for it before you risk capital.
Following our break-out buy signal last week, the WTI Oil (USOIL) has entered a Resistance Zone, which since the start of August has rejected the price every time with the temporary exception of 1 day (29-30 Aug): Eventually the Channel Down turned out to be wider. The price is now pulling back since hitting the August Resistance Zone and the 4H RSI has been...
WTI has been one of the few markets to stand up to recent dollar strength, with prices rising over 16% last week alone. A strong bullish trend has developed on the 1-hour WTI chart. The 20 and 50-bar EMA’s have provided dynamic support throughout the trend and may provide bullish opportunities with a pullback towards them. The 20-bar EMA is near the daily pivot...
Oil futures have found some recent support and a bounce due to OPEC+ decisions regarding production cuts. Support and resistance structures have been adjusted accordingly for your reference.
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