Good evening and i hope you are well. wti crude oil bull case: Bulls stayed above the daily 20ema which is around 78, they bought where they had to and today was strong enough for at least a second leg, which would bring us back to 81, which is last weeks high. I still expect 82 in the near future. If we get a third leg, that’s the obvious target. The fact...
Oil has currently fallen below the 77 support. It is currently undergoing a short-term correction. The previous support point has turned into a resistance point. The resistance range is 78-78.3. Currently, oil is still oscillating in the 77-78 range. So now we change our previous thinking. If you reach the resistance range, you can choose to sell If you don’t...
USOIL - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell USOIL Entry - 79.33 Stop - 79.87 Take - 78.26 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Pair : Crude Oil Description : Bullish Channel as an Corrective Pattern in Long Time Frame Completed " 123 " Impulsive Waves Break of Structure RSI - Divergence Bearish Channel as an Correction Short Time Frame
The top of Gas marks the bottom in bictoin, the bottom in gas marks the top in bitcoin. HINT : Gas has reached flat bottom and about to boom imo.
Hello,Friends! Bearish trend on USOIL, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 77.74. ✅LIKE AND COMMENT MY IDEAS✅
Natural Gas on an intra-week basis seems to be in a position to Bullishly Reverse as it sits at the PCZ of a potential Bullish Shark with slight Bullish Divergence near the previous month's low. My target will be anywhere between $16 and $20 though it could always go higher.
WTI oil (XTI/USD) is falling towards a pullback support level at 75.89 that aligns close to the 50.0% Fibonacci retracement level which has been identified as a pivot point. Could price bounce off this level and potentially climb higher towards the 1st resistance? Pivot: 75.89 Support: 73.45 Resistance: 80.79 Risk Warning: Trading Forex and CFDs carries a...
Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:51 AMEX:UNG Stock Forecast 07:24 USO Oil Stock Forecast 08:39 DXY US dollar Stock Forecast 10:02 Gold XAUUSD Stock Forecast 11:34 Silver XAGUSD
Crude oil market analysis Everyone look at our analysis yesterday, crude oil is the planned 78.50 near the empty, yesterday twice in 78.50 below have been suppressed down, crude oil 78.50 is a suppressed platform, today's first touch or can be empty, crude oil to see shocks, long and short can be on, such shocks need to follow its rhythm, crude oil bears more...
Hello trader' what do you think about usoil 1. **Initial Analysis**: You mentioned a strong buy signal for Usoil to reach higher highs, but it has since broken and rejected the area around 79.90 and 80.00. 2. **Resistance and Support Zones**: Currently, you're observing the market testing resistance zones at 79.80 and 80.20. If these levels hold, the market may...
Price action analysis on WTI Crude Oil. Key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
9:45 am entry higher low created 77.58 Nice bullish candle engulfment & Break of structure TP 78.57(1.618 extension ) 84 Pips ✔
My dear friends, My technical analysis for USOIL is below: The market is trading on 77.78 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 78.63 Recommended Stop Loss - 77.29 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 77.81. The above observations make me that the market will inevitably achieve 73.55 level. P.S The term oversold refers to a condition where an asset has traded...
In the short term, the oscillation pattern of crude oil and fuel oil futures may continue On March 12, crude oil varieties fell as a whole yesterday, especially fuel oil futures fell significantly. 1. The weakening of macro factors has hedged the benefits of OPEC+'s extension of production cuts. The weakening of oil prices has led to the decline in the support...
Analyzing the options chain and the chart patterns of PBR Petroleo Brasileiro prior to the earnings report this week, I would consider purchasing the 17usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $3.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Natural Gas (NG1!) gave us an excellent sell signal on our last 1D analysis (January 11 2024, see chart below) and easily hit our 2.135 Target: That Channel Down broke and the new that has emerged is more aggressive, headed into a 1D MACD Bearish Cross. If that happens, we will sell on the spot, if not we will wait until a 1D MA50 (blue trend-line) test,...