USOIL (WTI) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 89.625 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 88.026 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Take profit is at 93.226 which...
USOIL (WTI) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 88.026 which is a pullback support level. Stop loss is at 85.730 which is a level that aligns under the 23.6% Fibonacci retracement level and an overlap support level. Take profit is at 90.300 which is a pullback resistance level. ...
WTI oil (USOUSD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 89.437 which is a pullback support. Stop loss is at 87.500 which is a level that aligns under a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Take profit is at 92.549 which is a swing-high resistance...
USOIL (WTI) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 85.930 which is an overlap support. Stop loss is at 84.564 which is a pullback support that aligns under the 23.6% Fibonacci retracement level. Take profit is at 88.065 which is a recent swing-high resistance. High Risk Investment...
USOIL (WTI) is rising towards the sell entry at 80.424 which is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level and could potentially reverse from here to drop lower. Stop loss is at 82.813 which is a level that sits above the recent swing-high. Take profit is between 78.315 and 77.626 which is a multiple swing-low support that...
USOIL (WTI) is rising towards the sell entry at 80.424 which is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level and could potentially reverse from here to drop lower. Stop loss is at 82.803 which is a level that sits above the recent swing-high. Take profit is between 78.400 and 77.604 which is a multiple swing-low support that...
WTI bulls are in charge and eye a run to test the daily highs in a move that trapped the sellers at last month's highs.
USOIL could approach a key overlap resistance and potentially reverse off this level to drop lower. The sell entry level is set at 74.034 which an overlap resistance. Stop loss is at 76.944 which is an overlap resistance that aligns above the 61.8% Fibonacci retracement level. Take profit is at 70.005 which is a pullback support that sits just above the 61.8%...
Today's focus: Oil Pattern – Descending Triangle Possible targets – 64.06 73.22 Support – 67.05 Resistance – 72.22 74.15 Hi, and thanks for looking at today’s update. Our attention is on oil after yesterday’s sharp selling took price back to key support. This level has held firm for buyers, but could this be the fourth time lucky for sellers? So far, production...
WTI Crude Oil has recently reached a key horizontal resistance. Testing that, the price formed a head and shoulders pattern. Its neckline was broken yesterday. The price is currently retesting that. I believe that selling volumes are currently accumulating. Probabilities are high that we will see a bearish move soon. Goals will be: 69.87 / 68.11 ❤️Please,...
Welcome to another Forex Daily Forecast! We will be preparing for the trading week ahead: - Analysis of the individual currency Futures, to identify the strong and the weak - Analysis of the FX pairs (EURUSD, EURCAD, ...) - Analysis of Gold, Silver, and OIl too! - Plot and plan for the best setups. I'm taking my time with this analysis with the viewer in...
IN this update we review the recent price action in #crude oil futures contract and identify the next high probability trading opportunity and price objectives to target
A close above the downtrend at 85.00 will trigger a move to its 55-week ma and ultimately to 100+ we believe. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no...
We take a look at the resistance levels following the Saudi Arabia announcement. We have seen a clean bounce off long term moving averages suggesting that we are likely to see the market gravitate to its 55-week ma at 90.09. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form,...
In this update we review the recent price action in #crudeoil futures contract and identify the next high probability trading opportunity and price objectives to target
In this update we review the recent price action in the Crude Oil futures contract and identify the next high probability trading opportunity #crudeoil
WTI Oil continues to move sideways. We need a clear breakout through one of our levels in order to consider the next short-term directional move. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced...
CADCHF has been consolidating in a ever tighter range - but after such an extended period off sideways chop, are we ready for a more impulsive, momentum driven move? We look at the fundamental variables that could see higher volatility and how crude also plays a key role For now, traders will play mean reversion - but when the market reveals itself be dynamic...