WTI oil (XTI/USD) could continue its bullish climb towards an overlap resistance at 86.67 which has been identified as a pivot point. Could price potentially stall around this level and pull back slightly before resuming the uptrend? Pivot: 86.67 Support: 83.52 Resistance: 89.25 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
WTI Oil (USOIL) eventually held the short-term uptrend within the Bullish Leg of the Channel Up and hit our 81.85 Target, as explained on our last idea (March 14 2024, see chart below): Moving out to the 1D time-frame, we can see that the price has started to pull-back after reaching the top (Higher Highs trend-line) of the long-term Channel Up pattern. In...
US crude oil prices have experienced continued selling pressure for the third consecutive day, with the market reaching the $83 mark. This price level is accompanied by notable areas of resistance, suggesting the potential for a reversal in the near term. Recent events have contributed to the uncertainty surrounding crude oil prices. Notably, Ukrainian drone...
WTI oil (XTI/USD) could bounce off a pullback support at 80.97 which has been identified as a pivot point. Could price potentially find support around this level before reversing to climb higher? Pivot: 80.97 Support: 80.04 Resistance: 82.67 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...
Hello,Traders! CRUDE OIL is going down But will soon hit a horizontal Support around 80.5$ from Where I will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 80.437 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 79.200 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
WTI Crude Oil has been on Lower Highs even since the rejection on the Rising Resistance of the Megaphone pattern. As suggested by the previous Bearish Waves, this is a sell signal, with the 4hour RSI following a similar pattern. Sell and target 79.75 (-3.33%, symmetrical Bearish Wave), which is where the 4hour MA200 is expected to offer support. Previous...
WTI oil (XTI/USD) could bounce off a pullback support at 79.79 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 79.79 Support: 76.60 Resistance: 84.35 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
WTI oil (USOIL) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 80.472 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 79.000 which is a level that lies underneath an overlap support that aligns with the 61.8% Fibonacci retracement...
WTI oil (USOUSD) could fall towards an overlap support and potentially bounce off this level to rise towards our take-profit target. Entry: 80.563 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 76.830 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement...
✅CRUDE OIL is going down to retest a horizontal support of 80.00$ Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 81.72$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CRUDE OIL is making a local Bearish correction but the Price will soon retest a Horizontal support level Around 80$ per barrel From where we will be Expecrting a bullish Reaction, as Oil is trading In an local uptrend Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
WTI oil (XTI/USD) could bounce off a pullback support at 80.32 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 80.32 Support: 78.55 Resistance: 83.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
WTI oil (USOUSD) is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 80.563 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 76.830 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci...
WTI oil (XTI/USD) is rising towards a potential breakout level at 82.53 which has been identified as a pivot point. Could price potentially break through this level and rise higher towards the 1st resistance? Pivot: 82.53 Support: 81.33 Resistance: 84.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
WTI oil (USOIL) is falling towards an ascending trendline and could potentially break under this level to drop lower. Sell entry is at 82.329 which is a potential breakout level ( wait for the 1-hour candle to close under 82.329 for confirmation ). Stop loss is at 84.520 which is a level that sits above the recent pullback resistance. Take profit is between...
Pair : Crude Oil Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Long Time Frame Completed " 12345 " Impulsive Waves and " A " Corrective Waves Fibonacci Level - 61.80% S / R Level