USOIL has been moving bearishly for some time now since it's overall higher time frame direction is bearish. It has recently formed an interesting structural pattern where it swept previous equal highs before breaking the previous low with MASSIVE momentum. It has currently retraced back towards the deep inner range, where the kick the this previous enormous...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 77.52 which is a pullback support. Stop loss is at 76.30 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 80.37 which is a multi-swing-high resistance that aligns...
A "Triangle Pattern" has formed in Crude Oil and Downtrend has "Breakout". So market is Bullish Trend. And the Target is Triangle's Top Trendline at INR 7100. Additionally, Expect a Breakout of the Triangle Pattern. Don't miss the "Wolf Wave Target" Opportunity. If Breakout the Triangle Pattern, then the Next 2nd Target is Wolf Wave. Refer to the below image for...
✅CRUDE OIL surged again to retest the falling resistance But it is a strong line So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
WIT Oil (USOIL) didn't disappoint last time we looked at it (June 05, see chart below) and delivered our buy signal, easily hitting the 75.70 Target: The price is now at the top (Lower Highs trend-line) of the 2-month Channel Down and just below the 4H MA200 (orange trend-line), which is where the last Lower High was priced and rejected. At the same time, the...
Hello Traders. The Daily Range today on Crude Oil was 2.89$. This is in the top 10% of the 113 Daily candles that we've observed so far this year for Crude. Quite the move to the upside to begin the week! We mirrored the move bearish from the previous week, which happened to be on Monday as well. The monthly candle managed to flip back bullish as we kickoff the...
Good Evening and I hope you are well. overall market comment Markets went mostly flat today. Dax sears tried and were rejected again and sp500 and nasdaq made higher lows and lower highs. Markets are forming triangles which means we are in breakout mode again. No surprise moving into CPI and FOMC this week. I expect more sideways movement until...
After a lavish bullish Monday the next target is the Daily FVG. Pretty simple I have a 1hr fvg box if you can see it... that is where price should stay above for price to navigate higher prices heading into NY Tuesday.
Well we are in a sell program and we have respected this 1hr fvg. So the remit is pretty simple for NY open.. Wait for a retracement for bearish prices. The Bias is Bearish with the Magnet's as Price tragets for the weekly objectives.
Crude oil prices rose on Monday, making back its losses from Friday and some. While there is hope for increased fuel demand as we head to the summer months, today’s recovery comes on the back of a three-week drop. Prices have been held back in recent weeks because of various factors, ranging from concerns over increased non-OPEC supply and worries about the demand...
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 76.59 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 79.00 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
Hello,Traders! CRUDE OIL is going up Now and it looks like It is set to retest The horizontal resistance Of 76.86$ from where We will be expecting A pullback and a Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 76.03 which is a pullback resistance. Stop loss is at 76.88 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 74.21 which is a pullback support. High Risk...
✅CRUDE OIL surged again to retest the resistance of 76.77$ But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
OPEC Secretary-General Affirms Resilient Oil Demand OPEC Secretary-General Haitham Al-Ghais stated at the St. Petersburg International Economic Forum on Thursday that oil demand remains resilient. "It's crucial to stay focused on the fundamentals," he emphasized. "Economic growth, supply, and demand are what drive our decisions." Al-Ghais noted that...
Oil prices increased early as we mentioned, recovering from a six-week low after a significant 4.3% fall the previous day, which was the lowest point since mid-March. This drop was attributed to an unexpected surge in U.S. stockpiles, indicating softer demand than anticipated. At the same time, market observers have pointed out that the Federal Reserve has kept...
WTI oil (USOIL) is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 76.59 which is a swing-low support. Stop loss is at 75.93 which is a level that lies underneath a swing-low support and the 100.0% Fibonacci projection level. Take profit is at 78.47 which is a pullback resistance that aligns with...
✅CRUDE OIL is going down now But a strong support level is ahead at 75.55$ Thus I am expecting a rebound And a move up towards the target at 78.17$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅