Energy Commodities

Viktor_Vladzimirovich

➡️ WTI Oil quotes are trading at $84.15 per barrel. The bullish trend continues, but the growth is limited at the moment. Positive news background does not stimulate quotes for "black gold" so much. On Thursday, Kuwait began ramping up crude oil production in line with the OPEC+ agreement. Commenting on the situation, Kuwait's oil minister said the country's...

JStanleyFX

Crude may be ripe for a pullback here. Bullish trend has remained long and strong and RSI has begun to diverge on the daily chart. Crude has already taken out two major resistance zones this year, the most recent of which was the resistance around six year highs. That zone hasn't yet shown much for support, so if we can get a pullback in crude that becomes an...

Henrythemaestro

Not typical, long & stable upward trend on the daily chart has been going on for a while. Hard to predict when the price will correct downward, but it is likely that it will happen, sooner or later. What do you think about oil? Will the trend continue? Old saying in trading, "trend is your friend" probably works also this time. When the price corrects down, I would buy!

Joseph_Yabwa

Do I really need to explain myself?? We have a bearish gartley pattern in a market thats starting to consolidate and do you what happens when you combine advanced pattern with a consolidation?? A match made in heaven

HEIKOTradingSystem

So far so good for this week. After losing a bit of money last week on my trade (I got stopped out at 5) I was keeping a close eye to maybe put in a Buy order at 5. On Monday I did and as of now price action is up to about 5.216 so not too bad. Next weeks weather is looking to be fairly warm across the Unites States so should I take my profit and run? Not sure...

senyor

Oil has a 20 year cycle that resets from $5 to $120 per barrel this Rock has less than 20 .. 10year of winding down and 3 years of unstoppable pump

TrickleDownFX

Hello my beauties. Here's an idea based on Wyckoff schematics about Crude Oil. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX

AaronSLuce

FX:USDCAD Showing signs of an upside breakout and now retesting, as well as we could see a lot of CAD pairs pullback = USOIL sell off!

FUNTRADER-Vera

Hello traders, USOIL is not a easy one to trade this week. But it is showing sort of sign of ending correction soon. This correction could be a double test of the support and rise up to breakout to test fibo 1.27, 86.30later. Or it is possible to make a double top on 4h chart to make a deeper correction down to next support level before rising up again....

MMFXSignals

AUDUSD trading in uptrend line price rebounded from a minor uptrend line and key level around 0.7450 price above SMA 100 MACD shows decreasing of bearish momentum RSI above 50 so it's expected the bullish movement to resistance level around 0.7700

GoldenEngine

Pair Name : USOIL Time Frame : 4hrs / Daily / Weekly Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map ➕ Key Technical / Short Type : Mid Term Swing ——————————— ✔️( Reasons ) ———— Bearish Break Out 80,75 Area Reasons - Major Turn level - Visible Range HVN - Lower Band Break. - Fixed Range Poc Area - Week Low Zone...

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MattArmstrong

I have highlighted a setup looking like a correction in WTI, it's been an amazing ride indeed! Manage risk. 1% Risk 2:1 RR

TradingShot

On my most recent WTI Oil idea I laid out the reason why I expected it to tun parabolic towards $82.50: That target has now been reached and on the 1D time-frame, WTI is approaching a very strong Support cluster both on price and RSI terms. As you see the price is close...

BANDZTRADES

My view of USOIL . Potential long opportunity. I am a bit late with this idea and it’s a bit minimalistic and quick but it will hopefully do. After a pullback down to our PBA 1 and respecting the consolidation area , I’m expecting the price to come back up to the top of the consolidation area . Double bottom on 4H is also confirming the long idea....

Dajadtrader2

The Oil analysis is very simple, we follow an upward trend with a projection up to 86/87. Tambein made small operations without confirmation in case he decides to change trend. Today 10/20/21 I keep a short with the SL at the maximum of laterality. If it surpasses this (No false breakout) it should remain bullish. We are attentive. The entrance is Sclaping but...

Moshkelgosha

Oil strongly closed above 77 and now there will be no significant resistance and in the next 3-6 months above 100 USD/barrel could be possible! However, the hourly chart shows a possible pullback to 77..! Short term: Possible correction (5%) Longterm: Bullish (25-30%) Reviewing my previous analysis could be interesting for you: June 1st, 2021: price was 68,...

TopTradingSignals

Hello,Traders! NATURAL GAS is retesting a massive support level And we are already seeing a bullish reaction I don't think that the bullish rally is over yet Thus, I am expecting the price to move up Sell! Like, comment and subscribe to boost your trading! See other ideas below too!

TradingStat

And so, quite well recently, the Ruble has won back positions against the US dollar. It's high time for upward correction. The instrument is expected to move up to the level of 72.68. Some resistance is located at 72.265. Additional pressure on the Ruble would come from the expected downtrend movement in oil in the short term. Remember, there is no place for luck...