WTI Oil (USOIL) is trading within a Channel Up pattern since the January 28 High supported by the 4H MA50 (blue trend-line) - 4H MA200 (orange trend-line) Zone. The Bullish Legs have so far recorded rises within a +8.24% to +10.24% range. Right now it appears that Oil has finished the latest Bullish Leg as the 4H RSI made its standard Peak formation and declined....
Crude oil market analysis Crude oil bulls have been, did not stop, although the extent of the rise is not too large, has been in the sideways slow rise, but the shape and indicators look at the size of the trend is all bullish, today back to 84.80 to consider continuing to more, the short-term strength of the water rose near 84.10, this position does not break...
Crude oil market analysis Yesterday, we laid out more than 85.50 crude oil single meat, today we continue to find more single opportunities, 85.50 today is also the opportunity for long to get on the car, crude oil short-term to see that it has the need to repair, back can continue to layout, now the size of the trend of crude oil is all bullish, short-term back...
Hola Traders, This is our Excellent master plan to Heist Bullish side of Crude oil barrels. My dear Looters U can enter at the any point above the green MA pullback area, Our target is Red Zone that is High risk Trap area. Put Stop loss in recent swing LOW. Dear Robbers we can steal oil barrells and finally sell in the commodities market then make money and take...
We see a nice gap down on WTI. As always, there is 80% chance that the gap will be filled. I already see an intraday price action confirmation. Goals: 86.6 / 87.4 ❤️Please, support my work with like, thank you!❤️
Hi guys, WTI went ahead as our prediction on 13 December. Now we expect to go down 70 level and after that we will buy it long-term. Main target is 95-100. Be careful today because of the first important news of 2024
West Texas Intermediate crude oil has increased nearly 20% since the start of 2024 and is currently trading near $86.50 per barrel. The precarious situation in the Red Sea, production cuts by OPEC (and its allies), and the inability of the United States to bring more production online fast enough have greatly contributed to the rising oil prices in the past four...
Crude Oil set a new local higher high higher close on a daily, violating a key horizontal resistance. It opens a potential for a further growth to 89.0 resistance. I would suggest looking for entries after a pullback. The safest zone to watch is a demand zone based on a broken structure and a trend line of a rising channel. ❤️Please, support my work with...
Crudeoil trying to break 1 year old trendline. Looking tgt 7500-7600-7800++ in very short term👆
Detailed technical analysis for WTI Crude Oil. Price action & important key levels. Daily/4h/1h time frames analysis. Bearish outlook explained. ❤️Please, support my work with like, thank you!❤️
If you haven`t bought the dip on USOIL: In the chart, there's an inverse head and shoulders pattern visible. Coupled with robust travel demand anticipated this summer, I predict USOIL could reach $90 during this season!
hello everyone... the price reach the main resistance area as well reached the resistance downtrend line...price will likely pull back to support area... with today news of crude oil show high number of oil inventories. based on fundamental and technical, we should see some pull back for now... good luck
Oil is up 22.30% (1,566 PIPS) from our supply zone, which was posted live for you all. Oil currently sitting at 6 month high📈 Buyers still holding strong. GET INTO LONG TERM OIL POSITIONS NOW!
Oil prices are up 22.30% (1,566 PIPS) from our green supply zone, which was posted live for you all. Oil currently sitting at 6 month high📈 Buyers still holding strong. GET INTO LONG TERM OIL POSITIONS NOW!
Light Crude Oil Futures (CL): NYMEX:CL1! As mentioned in our morning briefing, oil is currently extremely interesting, partly due to increasing tensions in the Middle East and the destruction of oil reserves there as well as in Russia. Consequently, oil prices have surged significantly. We are currently at a level of $85, but we still consider it quite likely...
✅CRUDE OIL is retesting a key resistance level of 85.95$ So I think that the price will make a pullback And go down to retest the demand level below at 84.63$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
On the weekly continuation chart a WXY correction ended last week and we got a bullish engulfing candle. There are three wave moves to the downside and upside which means it is now struggling to create a clear five wave moves, but it is still pushed upwards. This can form an ending diagonal pattern, but is not finished yet, at least one abc to the upside is needed.
Here is my latest structure analysis and important key levels to watch on WTI Crude Oil. Resistance 1: 85.20 - 85.85 area Resistance 2: 89.10 - 89.90 area Resistance 3: 93.75 - 95.00 area Support 1: 82.50 - 83.10 area Support 2: 80.00 - 80.60 area Support 3: 76.80 - 77.80 area Support 4: 75.50 - 76.20 area Consider these structures for pullback/breakout...