Crude Breaking out for target of 8200/8400++ or #crudeoil #crude
OIL just retested the bullish order block after breaking structure last week and should be ready to test the bearish weekly order block before more downside. good rr here its hard not to take this trade.
Here is my view for WTIUSD/Crude Oil on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
On monthly time frame (Chart A) crude is in a retracement of an uptrend, and important levels are marked in colour blue, and currently it took support in an important level at 7835. Again, if it fails to sustain, and move downside from here then below 5796 it will be termed as bearish, which is on monthly time frame. 9158 will be an important level, after crossing...
Hopefully US oil is moving towards the long side as the major support is re tested several times. So kindly do ur own research and take right entries.
Crude oil has broke the channel and gave a good retrace. So hopefully the trend seems to be in the long side. Do your own analysis and take the right entry.
Long crude opportunity seen. Entry: 8045 SL: around 7910
Good time to enter in long position for crude oil for a target of 102 to 105
So the recovery will determine whether the market to more long or its going to remain in the same bearish trend. So kindly plan accordingly as per your analysis.
Most probably the trend seems to be bearish as the weekly channel has broken and the retest is going to finish its high. So plan your trades wisely. Thank You.
Most probably the trend seems to be bearish as the weekly channel has broken but a slight retrace can help a little bit high. So plan your trades wisely. Thank You.
Here is my view for WTIUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Crude Oil has already ended up with its bullish movement and made a breakout in both D1 and H4 time frame. now Its ready for the downtrend journey. The price already broke the support and also retested the support. We are expecting down trend now unless any fundamental news comes. Few weeks before EU put ban on Russian OIL and Few other fundamental news released...
Technical Facts: Considering Technical analysis, Crude Oil already touched the second highest price in this week. now it’s high time for retrace. The Immediate support level is 117.80 to 118.20. A Strong break can lead the oil price till 114.18 which is the strongest support of 114.18. Fundamental Facts: Russia is one of the largest producer of Crude Oil in...
Here is my view for WTIUSD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The pennant consolidation opened the week with a breakout and a retest confirmation of the breakout. Consolidation took place between Jan - April 2022, With a high of ~128 and a low of ~88. The breakout is a major bullish technical alert, indicating new daily up-trend. Resistance levels on the new up-trend are: *106.80 - 108.50 *114.60 - 116.40 *125 -...
The consolidation period of close to 12 weeks is likely coming to an end with a breakout up! A close above 102.90 (triangle consolidation resistance level) allowed the price action to proceed with up-trend targeting: *108.30-108.50 *114.80-115 *124 *132 Width of triangle is usually the target of the breakout in terms of size of movement This could make...
Here is my view for WTIUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!