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...
WTI Crude Oil turned overbought on the 1D time-frame (RSI = 70.618, MACD = 2.330, ADX = 75.260) as it is extending its relentless rally inside a Channel Up pattern since the June 28th low. This 1 month uptrend is approaching the R1 (83.50), which is the High of April 12th and current Resistance. We are using this as a short-term buy opportunity (TP1 = 83.50). As...
CL1! - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Long CL1! Entry - 81.58 Stop - 79.84 Take - 84.18 Our Risk - 1% Start protection of your profits from lower levels. ❤️ Please, support our work with like & comment! ❤️
Crude Oil MCX Current Future...6430 Heading for 6800 in all probabilities
Hi every one as per my analysis crude oil uptrend started
Day Trade Market Condition jul 31, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
We successfully broke the weekly trend line and right now we are at the daily sell zone. I would like to see some retracement and then a higher high to around 83 area. Also, we crossed the 200 EMA on the daily timeframe which is a strong trend reversal signal. Entry - 77.5-78 (I would wait for a retracement to this level to go long. We can enter early around...
Crude oil operation strategy: SELL: 81-81.2 TP1:80.5 TP2:80 BUY:78.8-79 TP1:79.5 TP2:80.5 I hope my trading signal is useful to you. It can be used as a reference for your trading. For more trading signals, please see the follow-up update
Crude oil continued to maintain an upward trend during this period. The current upward trend is coming to an end. You can see that near the resistance area shown in the chart you can short crude oil.
Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 77.69 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USOIL pair. ✅LIKE AND COMMENT MY IDEAS✅
A two-sided framework continues through summer between 62.14 long-term support, and 81.61 long-term resistance, both regions able to contain seasonal activity. Upside, 81.61 can contain buying into later year, once tested 62.14 attainable over the following 3 - 5 months, where the market can bottom out on a seasonal basis. On the other hand, a weekly...
US oil here showing us a very clear bullish movement we had a perfect tap into the low of our range last week we're now looking for this to push higher the only thing that makes me doubt this range overall is the fact that we've created relative equal lows on the lower half of our bullish range we also have not created the swing high so we do not know how large...
Light Crude Oil Futures (CL1!) - Potential Break out of parallel channel (TBC) - Above 200 week SMA - Several bounces off the 200 week - Long Term Stiff Resistance Overhead Amazing how compressed price is between the 200 week & overhead resistance. Its like a pressure pot about to spring or roll over. Turning the overhead resistance into support would be...
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!
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
hey traders, i am back with some profitable ideas. dont forget to BOOST and follow my account. USDCAD is ready for the next long term bull run. Kindly use lots according to your accounts thanks
Following last week's analysis, still in accordance with the price movement for next week. US Oil still looks very bullish with a tilt trend close to 45 degrees and at the closure of the week with full bullish candle shows the support of the buyer is still very strong. The closest target is currently in the price range of 83-84 which at that price is in contact...
WTI Crude Oil broke and closed above one more horizontal key resistance. Buyers keep showing the signs of strength. It looks to me that they will manage to push the prices even higher. I will expect growth to 81.1 now. ❤️Please, support my work with like, thank you!❤️