Hi Realistic Traders, let's delve into the technical analysis of IDX:MEDC ! The current market trend for the stock unmistakably showcases a bullish continuation pattern, marked by consistent upward movement above the EMA200 Line, signaling enduring momentum. At the same time, MEDC has formed a descending broadening wedge pattern twice. In December 2023, this...
WTI oil (USOUSD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 80.963 Why we like it: There is a pullback resistance level Stop Loss: 82.300 Why we like it: There is a resistance that sits beyond the 127.2% Fibonacci extension level Take Profit: 77.797 Why we like it: There is...
WTI oil (XTI/USD) is rising towards an overlap resistance level at 80.79 which has been identified as a pivot point. Could price stall around this level before potentially reversing to drop lower? Pivot: 80.79 Support: 75.84 Resistance: 83.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
What do you think? RBD = Rally Base Rally Supply Zone LQP = Liquidity Pool
WTI Crude Oil is close to making a 3rd contact on the Falling Resistance, which last time ended in a 4hour MA200 test. Along with the Rising Support, this pattern resembles December-January, which later broke upwards to a new High. Until it does, sell and target the 1day MA200 again at 77.50. Follow us, like the idea and leave a comment below!!
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...
The current daily trend of crude oil has still not gone out of the previous high and volatile range. The daily short-term moving average continues to be in a flat state and tends to continue to maintain a relatively volatile trend in the short term. The continuation after the bottom rebound in the 4-hour trend is not particularly strong. The current price is...
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
Oil prices rose slightly during the European session as Saudi Aramco delayed plans to increase production from 12 million barrels per day to 13 million barrels per day by 2027. WTI crude oil recovered after falling sharply during the U.S. trading session, hitting an intraday low of $76.77. Crude oil is currently recovering and repairing. You can sell high and...
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✅
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...
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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 ✔