Oil prices rebounded after experiencing losses last week, primarily due to expectations of a tight supply situation for the rest of the year. This rebound was driven by key factors, including the commitment of major oil producers Saudi Arabia and Russia to maintaining production cuts until the end of the year. The decrease in the U.S. oil rig count also played a...
WTI oil (USOUSD) could rise towards an overlap resistance and could potentially reverse to drop lower towards our take profit target. Entry: 84.135 Why we like it: There is an overlap resistance level Stop Loss: 86.849 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement level Take Profit: 81.169 Why we like it: There...
Hello,Traders! CRUDE OIL is trading in a Downtrend now and the Price is now firmly below The broken rising support Which reinforces our bearish Biased and I think that we Will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Crude Oil remains under a strong bearish pressure. First, the market violated a solid rising trend line on a daily, Second, a wide horizontal zone of demand. The broken horizontal and vertical structures compose and expanding supply zone now. I will expect a bearish movement from that to 78.6 - the next horizontal support. ❤️Please, support my work with...
Oil, after breaking the support of the trend line, attempted a comeback and retested the former support line that turned into resistance, from where the sellers managed to defend the price and thus it seems that we only had a discount for a new sell. Now the price is in an interesting neckline and I, personally, am only looking for a short.
🟢 Buy Above - 6900 🟢 🔴 Sell Below - 6896 🔴 🔥🔥 Levels Works Best on 5 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. Trade What You See & Not What You Assume 2. Follow The Trend Because Trend is Your Only Friend Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the...
Multiple time frame analysis on Crude Oil. Potential scenarios. Detailed trading plan. Important key levels. ❤️Please, support this video with like and comment!❤️
WTI oil (USOIL) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 83.014 which is a pullback support level. Stop loss is at 81.200 which is a level that sits under a swing-low support level. Take profit is at 86.456 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. ...
WTI oil (USOUSD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 83.142 Why we like it: There is a pullback support level Stop Loss: 81.725 Why we like it: There is a swing-low level Take Profit: 86.849 Why we like it: There is an overlap resistance that algins with the 50.0%...
✅CRUDE OIL was trading along The rising support line but now We are seeing a bearish breakout So I am now bearish biased And I will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CRUDE OIL is going down now And the price has formed a Wonderful H&S pattern So IF we see a bearish breakout Of the neck-line of 81.62$ Then the price will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅CRUDE OIL is making a Pullback from the horizontal Resistance of 86.00$ so I am Locally bearish biased and I will be expecting a Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USOIL is retesting a Horizontal resistance again At 86$ and we are already Seeing a bearish reaction So I think that we will see A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
HELLO TRADERS,,, As i can see this chart of USOIL it is moving same as we had predicted in our previous analysis Israeli & Gaza War Tensions are driving Gold and Oil prices in bullish trend and we can see a Wyckoff Pattern on the base of technical view the support is holding the price of oil and i am expecting it will boost to the upside for completing this...
✅CRUDE OIL has formed a Massive inclined H&S pattern And there is also one more H&S on the lower timeframes Inside the right shoulder So all signals point down Therefore, IF we see a Bearish breakout then That will be a signals for Us to go short on Oil SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Oil prices dropped over 2% as U.S. crude stockpiles rose, signaling weakened demand. Additionally, concerns about the global economic outlook led to a broader sell-off in equities. Brent crude futures fell by 2.2% to $88.13 a barrel, while U.S. West Texas Intermediate crude futures slid by 2.7% to $83.13 a barrel. These price declines were driven by a combination...
WTI oil (USOUSD)is rising towards a breakout level and could potentially make a bullish move towards our take profit target. Entry: 86.519 Why we like it: There is an overlap resistance where a bullish breakout could occur Stop Loss: 84.135 Why we like it: There is a pullback support level Take Profit: 89.443 Why we like it: There is an overlap resistance that...
1- We all know that due to aftermath of the terror attack on Israel Crude Oil started going up reaching $90.00. It came back to $83.00 and it seems $83.00 is the market fair price, as of now. 2- However, as Europe and America going to into Winter mood price may go up. We all remember, that Ukraine - Russian war last year, created a lot of problem for European...