The fall of 3 consecutive trading days has allowed the formation of short oil, but the weekly line is another big shock, crude oil we predict difficult to run large unilateral, but a large level of big shock, the real short term first look at the profits of the short, today's attention to 73.60 near the large pressure of profits, crude oil actually grasp the...
Hello traders, over the last few months, Usoil has seen a bearish trend. I anticipate this selling momentum to continue until we reach 67.68 and we could go lower. In the past days, we've established the buy side of the curve and formed a market maker sell model.. I'm interested in engaging in a sell position once the daily FVG is reached, of course after a...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hello Traders! As expected, we can see a retracement of the OIL H2 from the resistance level, and also, from the OB at the price of 74.900. I see this retracement as a good signal of bearish domination, representing a good opportunity to execute a short trade. Treaders, if you liked my idea or if you have a different vision related to this trade, write in the...
Hello,Traders! CRUDE OIL broke the key Horizontal level of 72.44$ And the breakout is confimred So a bearish continuation Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
hello everyone, dont forget to have a good money management. its almost 99% oil will go to 70 85% to 68 70% to 65 , after breaking the 65 it will be super downfall to 57-59 happy new year and merry christmas Happy Holiday
Following the initiation of Operation Prosperity Guardian in the Red Sea, major shipping companies like Maersk and Hapag-Lloyd began to reverse their recent decisions to halt transit through this waterway. That is positive news for the world as the region is estimated to account for about 12% of global trade, with 340 million metric tons of cargo and 8.2 million...
Crude Oil prices are still extremely undervalued. We've been seeing buying accumulation happen for majority of 2023. We've just seen another 10.65% bullish rejection from our demand zone. Buyers still holding strong going into 2024.
USOIL has demonstrated a potential surge in buying pressure within the identified demand zone, prompting a bullish breakout amid the recent bearish trend. These significant levels are distinctly recognized on the daily timeframe. Presently, there is a perceived potential for a movement towards the major Order Block (OB) situated at higher levels.
🔴 Resistance - 6142 🔴 🚀 Target 6179 - 6232 🚀 🟢 Support - 6134 🟢 🚀 Target 6058 🚀 🔥🔥 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 3. CHART IS SUPREME 4. YOUR ASSUMPTION & MOTIONS HAS NO VALUE IN THE MARKET Our motto is to help each and...
✅CRUDE OIL was trading in a Rising wedge pattern but then We saw a breakout and a retest Of the wedge so now I am Locally bearish biased and I think that a move Down will follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
CRUDEOIL trading in desceding channel. it should give channel breakout above 6280-6290 looking target 6500-6600+++ in very short term keeping on radar Crudeoil 6300 CE (Jan.)
Crude oil rose too much before, so it needs a technical pullback, the big trend we still insist on bullish! At present, there is a small top of the daily line signal, it has a technical retreat, will continue to rise after the retreat, the weekly line stabilization signal is very obvious, so the bulls have begun a big counterattack in the retreat is not a trend...
WTI will complete a Death Cross pattern on the 1d time frame. This will be its second since September 02 2022. That pattern initiated a strong decline which was a bearish leg inside a Channel Down pattern. Oil is again trading inside a Channel Down since Sep 28 2023 and the Death Cross can be the sell call for the final leg to the 63.70 Support. We expect at...
In recent days, we have been bullish on crude oil, whether it is the shape or the indicator has formed a big counterattack signal at the daily level of bulls, 74.40 resistance position has not been able to suppress the bulls of crude oil, yesterday we bought at 72.70 and took profits at 74.10! A perfect profit. So how does the oil trade at the current price?
Here is my latest structure analysis for WTI Crude Oil. Resistance 1: 74.1 - 75.0 area Resistance 2: 78.5 - 79.8 area Support 1: 71.7 - 72.9 area Support 2: 67.7 - 68.7 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Pair : Crude Oil Description : Completed " 12345 " Impulsive Waves and Making its " ABC " Corrective Waves. Bearish Channel as an Corrective Pattern in Long Time Frame and Its Currently Rejecting from the Upper Trend Line to Complete the Retracement for Break of Structure Entry Precaution : Wait for Breakout and Retracement