Hello,Traders! CRUDE OIL is going up Due to the fundamental Reasons but it is now Overbought locally and A resistance of 93.56 is Ahead so I will be expecting A local correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, Here we have another analysis for USDWTI , So we expect bearish move in higher TF, We have two extreme resistance level you can look for short in those areas, Everything else determined properly on the chart, I will try to share with you my entry setup on USOIL, so make sure you do not miss our analysis, Any question about USDWTI comment...
The oil markets have been something of a puzzle to everyone on account of the fact that they range sideways for long periods of time, move a little bit, decapitate one side of the market, and then range again. One thing I've been sure of is that after doing $120 post-Ukraine War, and after WTI literally hitting $0.00 ( $-40 settlements lol) this certainly was not...
Dear colleagues, I assume that the price is starting wave C. The nearest target is the support area at 78.40. After reaching the target, I will consider only long positions. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
I like this Crude Oil Scalp Trade Idea around these key fib levels on the 15-minute chart to BUY the dip. Share your thoughts below. Thanks.
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Short/ Sell 📈🛢️ Comprehensive USOIL Analysis Update: 📊📉 📉 Downtrend Break and Retest: USOIL has successfully breached its weekly downtrend line, signaling a notable shift in momentum. As we undergo the retest phase, remember that the market remains within a promising new...
The count is revealing itself and by the look of the decline is not over yet. My analysis tells that we are about to experience another wave of selling. This is somewhat confirmed by what I see in precious metals and US stock market.
Hello,Traders! USOIL was trading along The rising support line But now we are seeing a A powerful breakout so We are now bearish biased And I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price action analysis for WTI Crude Oil. Important key levels. Multiple time frame analysis. Trading plan. ❤️Please, support my work with like, thank you!❤️
Dear colleagues, I assume that the upward movement is not yet completed. I expect the price to reach the resistance area at 85.25. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
We have a Triple MACD Bullish Divergence at the PCZ of a Bullish Bat that happens to align with the 200-Week SMA and the 800-Week EMA. I have generally been bearish on this chart since the highs back in 2022: but the persistence it's shown at this Harmonic and Technical level of confluence makes it hard to ignore the potential for at least a 50% move up back to...
Dear colleagues, I assume that the upward movement is not yet complete. I expect a high to be updated and the price to reach the 50%-61.8% Fibonacci extension level around 83.81. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
So as said in my last view on Oil (WTI) i hit in perfect with the 80~ level. And so far the last couple of days we have gotten data and such, which made the oil stay in the 80-81 level. Thats fine, we have massive support/resistance here. But i have a feeling that we will go higher and go for the 90~ level. this could happen throught August (start of...
Possible divergence here on the 1 hour. A recent high and low was also broken. Yes, production has been cut and may be ongoing but we have to wait until 8/9 for next report. Could a small pullback be imminent before further outlook?
WTI Oil (USOIL) almost hit today 83.50 (Resistance 1), which was the April 12 High that caused a rejection on the 1D MA200 (orange trend-line). The 1D MA200 is now long broken, so any 1D candle close above Resistance 1 will be a bullish break-out targeting Resistance 2. In that case we will buy and target 93.00. Until it breaks though, especially after an initial...
Hello traders, I think crude oil will continue to fall, what do you think? From the 4 hour chart Near 79 is the support level of the last few rebounds. I think it can be regarded as a short-term watershed. If this support level is broken, the downside will open below. Conversely, if support is formed here again, you can wait to buy short positions near 80.7....
A well times Long on the previous Oil post: Unfortunately i was right and I think the 'price is right at 88-92$' in the best case scenario....' 100$ barrels still a valid scenario for end of year.. i hope we don't see that Why bad news? The answer is off course inflation. We live in a dirty world where humans still make wars and play all kind of dirty tricks...
Dear colleagues, I believe that wave 3 is not yet complete, which means that my previous idea did not materialize. Therefore, I expect the price to update its high after a correction to 78.00 Manage your capital correctly and competently! Only enter trades based on reliable patterns!