OILSetup / Analysis 🕐 4hr's Chart Key Technical / Reason's SHORT ——————————— What is our confirmation? - Breakout trendline and retest - Resistance Support level - Pressure zone - Pivot and MA rejection confluence - Ascending Pattern - Descending Pattern - The pivot zone - Demand Supply - Candlestick Patterns Always do your own research before opening...
We are playing levels along with News with OIL, stay patient and sit on your Hands! if price retrace to test the breakout of the upward channel, then we are selling to @85.00 area! If price creates a double bottom, we are buying up to @122.50 area!
USOIL/ US Crude has been pulling back to our resistance. We will first catch the bullish move on the hourly timeframe and wait for aa bearish confirmation once our ABCD pattern is complete. Once we have the confirmation, we will short the XTIUSD. Please sharee your thoughts. Disclaimer NASDAQ Guru offers general trading signals that does not take into...
Trend: The overall trend of the chart is downwards. Candle Sticks: Formation of shooting start at the LH of the chart. Support & Resistance: Price is testing the 4he resistance area by making an LH with a shooting star. Reasoning: The formation of a shooting star at the LH of the 4hr resistance area strongly indicate the price will go down. SL: Place at the...
I think the price of oil will soon break the support of $93-97. The reason is that the dollar index is bullish. ($84-90 supports will act as a pullback)
At the chart of h4, Usoil price have continued fall down. The downtrend line resist price.We should short it when touch the resistance 107.00, sl at110.00, tp at 100~96
Oil rejected the 105.5 weekly level with wicks on the 4h and now is heading to the liquidity zone around $100 price point.
sell position on CL rebounce on the support with a down trend
Hey guys! How are you guys doing! O hope from the previous analysis, the daily fake out from DAILY timeframe got you guys a confirmation and brought toward more downside. What I'm seeing now is that it shall go back and test 110.70 zone and probably bring more downside to 105, 103 and possibly to 95 range. However, shall it break the resistance zone with a...
We need to break below 101 to confirm the short signal I posted on my WTI Crude Oil (see the related link).
Insider: G-7 talks with India and China on oil price brake positive G-7 talks with India and China on a plan to cap the price of Russian oil have been positive, according to an insider. The two buyer nations have incentives to comply, a person familiar with the discussions says. A cap on the price has not yet been set, he said. However, it would have to be high...
Hello guys! it's been a while since I've posted to refocus my entry methods. Currently we are looking at a resistance zone. Personal view is that Volume is low and there's a good possibility of going back down to support zone. could see 113.20 has been rejected twice, so am taking a short position with 1:3 RR and shall see how it play out!
Lovely structure on this pair. Failed to break the previous high. We impulsively sold off. After forming a tight bear flag I see this pair falling another $10 at least, as around $95-97 is the lower support level. Let’s seeee
As I mentioned 10 months ago about the worst World Crisis of 2023. I wanted to share this analysis on the price of OIL and its derivatives, as well as gasoline, it will be affected and is being affected along with oil. There are many indicators that indicate the coming crisis of 2022-2023... This crisis, the worst of all, "The crisis of everything" creates a...
I have entered a leveraged (2X) short in #oil, via Direxion's Inverse $DRIP ETF. NOTE: This post shows "LONG" because I have BOUGHT $DRIP; #Oil, as the asset class - I am viewing as a SHORT. Not much else to say, other than the #oil #selloff is underway after forming what I see as a double top (see WTICOUSD) and a good risk/reward entry to short. I will...
Oil on a 4h time frame is a sell according to the Stochastic RSI strategy to sell crossing below 80% or buying crossing above 20%. The daily (top down analysis) supports a move to the down side. The general markets in turn look oversold and are trying to blow off this oversold condition. Therefore it looks good enough to take a trade. The stop should be at...
CAN OIL GONNA HIT 115$ LEVEL PRICE? Maybe time will tell, because i don't hahaha lol