Hello everyone, WTI Oil 4H NEW FORECAST The price has breached the resistance zone and continues its upward trajectory, aiming to reach 80.40 . We anticipate a minor correction to 79.60 before the price ascends further towards 80.40 , and potentially beyond to 81.03. Conversely, a consolidation below the levels of 79.60 could indicate a downward movement...
The US crude oil benchmark is currently trading around $79.50 on Friday, marking a continued decline from its recent peak of $88.00. This downward trend is attributed to several factors, including rising crude inventories in the United States and diminishing expectations for interest rate cuts from the US Federal Reserve (Fed). The Fed's decision to maintain...
So I don't take too much of my time on the weekend trying to figure out where price is going to go as price isnt even active. So barring any exponential moves Sunday open I am still bearish and have : Monthly Wick CE and target 1 Weekly SSL as target 2 Pre CME open I will re analyse where the market is and publish further forecast for the day.
Hello everyone, WTI Oil 4H NEW FORECAST Analysis of performance and expectations for upcoming trades Continuing negative trading towards the 76.00 level, waiting for a break of 77.65 Expectations of the negative impact of the double top pattern and the 50 moving average It is necessary to breach the 79.60 level to stop the corrective wave and begin recovery...
Again an opportunity to expect oil to rise. The exchange rate rebounds from the support-resistance level.
Hello everyone, WTI Oil 4H NEW FORECAST Oil price fluctuates positively, approaching testing the pivotal resistance 79.60. The price needs to remain below this level for the bearish corrective trend to remain effective. Breaking 79.60 represents the key to starting recovery attempts and achieving gains up to 81.50 initially. Moving average 50 supports the...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello everyone, Oil 4H NEW FORECAST Oil price trading below 79.60 keeps the bearish corrective scenario active. Targeting 77.65 as the next target, as it represents the 61.8% Fibonacci level of the previous high. The effect of the previously completed double top pattern on the price of oil. Exceeding the 79.60 level and holding above it may stop the downward...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello everyone, WTI Oil 4H NEW FORECAST The price of oil begins today's trading with noticeable negativity, breaking the 83.90 level and settling below it, heading towards a new bearish correction during the coming sessions, targeting the 82.88 areas as the next main stop. Therefore, a bearish bias will be likely for today unless the 83.90 level is breached and...
With FOMC looming today and NFC I don't see any reason for the Weekly SSL to be taken out and price to at least stab into the Daily FVG. I will be looking out for meaning full moves into these price points during NY session today. London may offer a little chance to create some false idea we have done it but usually the move is fake and revisited. 80.50 is my...
Daily Bearish Stay Bearish bias until 1hr -OB is closed above with a displacement candle @ 83.25 In this chart I am illustrating why IMO, this is a High resistance Liquidity run and not LRLR. The Price in the circle is Balanced, so for price to cut through this with ease is difficult all be it we have a signature LRLR bellow. So if a bearish setup appears don't...
So I was looking at Crude on the weekend and I couldn't determine a clear direction for Monday. Now Monday Is almost over and we Have disrespected the Mean threshold of the Daily +OB I do expect price to be bearish and heading down towards the Daily FVG. An Good indicator on the Daily we have respected the WEEKLY ifvg CE. These things are very important to...
Oil prices have experienced a volatile period in recent months, with concerns about global economic growth and geopolitical tensions battling it out with signs of a tightening physical market. However, for investors with a long-term perspective, recent developments suggest a potential bull run for oil, making it an attractive asset to consider. Here's a deeper...
So we are on the Daily Not moving with much drive and lets say... obvious direction when it comes to day to day bias (Overall Bearish) I am ONLY focusing on PDH and PDL as targets today with any signal to buy or sell into the market being in a discount before I place a trade. Range day - yes To consider that Thursday's have seen good movement on Oil recently so...
I am excited to share some positive news with you regarding the recent developments in the oil industry. According to the Energy Information Administration (EIA), crude inventories took a significant dip last week, falling by a whopping 6.37 million barrels. This decline has sparked a wave of optimism in the market, with WTI prices hovering around $83 a barrel...
Today On the Daily I am in confliction with bias meaning that it could be changing soon if we repeat another bullish closing day. For this I have dropped down onto the 4hr TF and the most recent 4hr -ob is what I will be referencing as to Bullish or Bearish intra day PA. Scalpers Market atm If you un sure, sit still. We did close above the Daily v.i as I have...
So we have achieved one target for price and that was to reach the Daily V.i and so far London has rejected going higher... Would like to see price head down post 0930est My target is still 80.50 just waiting for price to align with my thoughts is what is most important before pressing the button. At minimum PDL would be a bearish target I don't see why we would...