At present, crude oil is slightly adjusted to decline, and the possibility of continuing to decline in the short term is very small. However, as long as the market fluctuates, we can still win with scalping trading.
Crude oil continues to rise, but the high has never been able to break through 90.7. The current correction has declined, but it is still an opportunity for us to short crude oil. USOIL Sell90.6-90.4 TP1----90.1 TP2----89.6
Hello,Friends! It makes sense for us to go long on SILVER right now from the support line below with the target of 23.006 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Dear Colleagues, the price has gone lower than we expected, but this opens new opportunities for us to enter trades. I assume that wave 3 is over and we are waiting for wave 4, which should not touch wave 1 (1901). This is an alarming level. Therefore, I assume that the price will reach the resistance area of 1890. Manage your capital correctly and competently!...
Currently Crude Oil has experienced a surprising upward movement, a reversal actually that could potentially give rise to a retracement opportunity. The 93.75 resistance could serve as the end of the shock upwards and soon a retracement could follow, near to the level 92 USD/b. __________________________ Information Regarding Important News and Figures can be...
Gold prices enjoyed their best day in nearly three weeks on Friday, with clear bullish range expansion helping it to rally from the 200-day EMA after finding stability above 1900 on Thursday. However, Friday's high met resistance at the 50/100-day EMAs and prices pulled back to the 200-day average. Given we have an FOMC meeting looming this week, we might find...
As the chart shows, the day before yesterday, a barrel of WTI cost USD 87.87, but this morning, the price exceeded the level of USD 93. That is, the growth was more than 6% in just 2 days. The main driver of such growth remains the voluntary reduction in oil production by OPEC+ countries. Added to this was the market's reaction to yesterday's news about the...
Whilst we retain our view that oil prices could be headed for $100 further out, the trend seems to have hit a speed bump over the near-term. WTI broke above $90 with ease yet faltered around $95 with a shooting car candle with high volume (which makes it a potential key reversal day). A bearish divergence has also formed with the RSI (2) after it reached...
R3 LRS 1906 SMC Supply Area - R2 MRS 1894 - R1 HRS 1882 S1 HRB 1872 - S2 MRB 1862 - S3 LRB 1852 SELL> 1906 - 1894 - BUY> 1862 - 1852 FOLLOW UP D1 Resistance Sma44/1918 Sma200/1927 W1 On Resistance Sma44 / 1917.50 MN 38.2% / 1903 Macro Fibo at strong Resistance OBSERVATIONS: See it never gained over 1906 the point of impact for yesterday, provided below...
Hello There! Welcome to my new analysis about GOLD on several timeframe perspectives. Since the war economy developments established in the recent year 2022 investors in the market are becoming much more fearful because of recession, inflation, stagflation, supply-chain disruptions and other factors that have changed the whole global financial markets into a...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 93.406 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 91.045 which is a pullback support that lies under the 50.0% Fibonacci retracement level. Take profit is at 98.134 which is a...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 88.547 which is a pullback support. Stop loss is at 87.112 which is a level that sits under a pullback support that aligns with the 38.2% Fibonacci retracement level. Take profit is at 91.306 which is a recent swing-high resistance...
Since gold broke out of the L-MLH, I was waiting for this opportunity. This is a nice test of the L-MLH. Be aware that it could drop and come up again for a re-Test of the L-MLH. So stops have to be places accordingly. As for the red Centerline, we also have to be aware that the CL was already reached back on Aug. 17th. So any accelerator could pump up GC back...
Hello There! Welcome to my new analysis about PLATINUM FUTURES on the global timeframe perspective. The precious metals market is moving into a decisive momentum within the recent times as developments within the financial markets point to a continuation of exceptionally high interest rates within vast majorities of economies and a continuation of hawkish...
Hello There! Welcome to my new analysis about CVX on several timeframe perspectives. The oil market since the corona pandemic supply-shock dynamics has formed a important dynamic and had the ability to form a major rebound recovery with several new highs being formed and CVX having the ability to bounce into a new all-time-high. Now a big part of the dynamic is...
Today's focus: USDCAD Pattern – LH Resistance Point Support – 1.3441 Resistance – 1.3515 Hi, and thanks for checking out today's analysis. The USDCAD daily is today's focus, and it held up rather well after oil blasted higher yesterday. With the USD maintaining its run, this has kept things in check. Despite that, we still saw a failed high from buyers that have...
wwadingview.com Gold is once again the same as I predicted yesterday. Today, it finally tested the support of 1900. At present, the support of 1900 is very strong. If 1900 is tested again and rises, then it can be judged that the probability of rising increases. Because it is still a downward trend, we need to strictly observe the support of 1900. If 1900 falls...
The oil is back in the range again. If you trade according to my range, I think you can have a great time today. Today, the oil price fell to near 88.2, and the low point was tested again, but it still returned to the range, so now we have adjusted the range, the range is: 88.3-91.2 The adjustment of the range range increases the success rate of our trading....