🚨 WTI HIGH PROBABILITY BUY SETUP 🚨 * Here we can see clearly the next potential move for West Texas Oil in coming trading week. * It's going to be worth keeping a close eye on this trade, as WTI can generate tremendous profits if it is right trade. * EP(BUY): 69.701 * TP: 70.747 * TP1: 71.550 * TP2: 72.153 * SL: 68.547 * Keep your eye close on your trading...
Hi, On next days we expect USOIL will be going down. Us target is around 60-62 USD for next week. TP1: 64 USD TP2: 62 USD .
WTI crude posted a strong rally from the $67 support level thanks to another strong drawdown of crude inventories. The fact it rallied over 3% despite the stronger US dollar and hawkish comments from Powell makes us wonder if it could have broken above $70 were the dollar not to dominate FX majors on Wednesday. Still, prices are trading within a range between $67...
For Thursday, the 67.08 level can contain weekly selling pressures, above which 72.77 is attainable by the end of next week, possibly yielding 77.17 by the end of July. Upside Thursday, 69.95 can contain session strength, while closing above 69.95 signals 72.77 within 2-3 days, where the market can top out into later next week and the point to settle above for...
buyers liq, trendline and support. wil go to uppertrendline and ress
This is a quick short-term bet on the bottoming of the oil price-action based on a price action behaviour. It is possible that the price has bottomed as it has been consolidating and creating a triangle shape in the lower time-frames (see 1H chart). The RR ratio is looking very positive (above 3) for a trade, assuming price will rebound from this level and not...
Since the low of wave ii in orange, OIH has already managed some strong upwards moves, but so far, it could not successfully conquer the resistance at $276.85. However, we expect the ETF to climb above this mark soon to develop wave iii in orange. Afterward, the short counter movement of wave iv in orange should interrupt the ascent, before the following upwards...
Hello,Friends! The BB lower band is nearby so USOIL is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 70.10. ✅LIKE AND COMMENT MY IDEAS✅
Day Trade Market Condition jun 28, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
2023.6.28 Daily European Perspective GBPUSD is about to rise sharply ! USD is weak, GBPUSD is about to rise sharply, and US crude oil continues to be weak! Hello, I'm Older Duan. Today is Wednesday, June 28 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what...
Brent - 24h expiry A level of 72 continues to hold back the bears. Daily momentum has stalled and our bias is now neutral. Expect trading to remain mixed and volatile. We look to buy dips. The hourly chart technicals suggest further downside before the uptrend returns. We look to Buy at 72.13 (stop at 71.13) Our profit targets will be 74.63 and 75.13...
USOIL is falling towards a key overlap support. Price could hit the buy entry at 67.315 and potentially reverse to bounce higher. Take profit is at 69.934 which is an overlap resistance. Stop loss is at 65.749 which is an overlap support that sits under with the 78.6% Fibonacci projection level. Please be advised that the information presented on TradingView is...
Hello,Traders! CRUDE OIL is generally giving Off a bearish vibe, however, The price is about to retest A strong support level at 66.9 From where a local rebound Is somewhat likely Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I am writing to discuss the recent fall in oil demands due to the interest rate hike. As you may already know, the Federal Reserve has raised interest rates, which has caused a ripple effect throughout the market, including the oil industry. Unfortunately, this has resulted in a decrease in oil demand, which has caused prices to fall. As a result, we are urging...
Price on the 4H chart is near supply inside a rising symmetrical triangle pattern. I expect price to head lower from these levels.
Buy Crude oil now @cmp and it can go up to the retesting area marked
Day Trade Market Condition jun 27, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
Preferred direction: BUY Comment: The situation for gold remains unchanged. All attention is focused on the level of 1938.915. Potential breakdown and closing of the price above this level will allow buyers to realize growth to 1981.680. Waiting for the close above this level for LONG! Thank you for like and share your views!