oilsignals

ForecastCity

Midterm forecast: While the price is below the resistance 43.75, beginning of downtrend is expected. We make sure when the support at 36.30 breaks. If the resistance at 43.75 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI bounced from the downtrend #1 and it prevented price from more gains. A peak is...

TradingShot

Pattern: Channel Up on 4H (inner/ blue and outer/ black lines). Signal: (A) Buy as long as the 4H MA200 is holding, (B) Sell if the 4H MA200 breaks. Target: (A) 42.00 (just under the Higher High trend-lines of both Channels), (B) 37.50 (just above the Higher Low trend-line of the inner (blue) Channel Up). Most recent Oil trade: ...

InvestorTipster

Oil Buy Limit n@ 37.50 Sl: 36.50 TP1: 39.00 TP2: 40.50 TP3: 41.50 TP4: 43.00

ForecastCity_ME

Midterm forecast: While the price is below the resistance 43.75, beginning of downtrend is expected. We make sure when the support at 36.30 breaks. If the resistance at 43.75 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI bounced from the downtrend #1 and it prevented price from more gains. A peak is...

TradingShot

Oil is under pressure since Friday as it got rejected just short of the 41.70 Resistance. However as you see on the right chart (1D time-frame), that formed a Golden Cross, which is typically a bullish formation. Interestingly enough, the price action since the August high resemble that of early March - late May (when Oil formed a Bottom). On the 4H chart,...

FxForecast24

Oil Forecast and Analysis 26,30 October 2020 : us oil going dawn wait to buy it

pesar_2022

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husamalahmadi

I believe the oil will drop down in the coming days and here is the path I think it will take. Do your DD, apply your edge, act accordingly Best luck

dBFT

BRENT CRUDE OIL 1D-TIMEFRAME ANALYSIS 💡 Hello ladies and gentlemen This is my new idea for OIL My idea is that the oil will goes lower Targets 36 32 I hope my idea is clear Support me by like and share Good luck 💰💯

velmunis

Good day friends..Give us a thumbs up if you like our idea.Follow my profile to get new ideas and trade setups everyday OIL Due to the weaker demand in the Global market Oil felled towards the 36.12 which is the September low and then its formed a triangle pattern and went bullish up to 41.43 and traded in a range from September 17 to October 01 and again...

TradingShot

Pattern: Descending Triangle on 4H. Signal: Buy as the price rebounded on the Support making a Double Bottom event, while the MACD made a Bullish Cross. Target: 40 (right on the Lower High trend-line and the 4H MA200). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...

ForecastCity

Midterm forecast: While the price is below the resistance 43.75, beginning of downtrend is expected. We make sure when the support at 37.10 breaks. If the resistance at 43.75 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: A peak is formed in daily chart at 41.70 on 09/18/2020, so more losses to support(s) 38.85...

husamalahmadi

This is a setup based on the price and volume analysis, oil may drop down especially with market data that support this probosed move.

dBFT

OIL 1D-TIMEFRAME ANALYSIS

Protixder

US OIL looks to recovery to new price rage. Expecting new recovery Have good time all ! # like and follow for more updates. Thank you

TradingShot

Pattern: Triangle into Channel Up. Signal: Bullish as the Triangle broke, the 4H MA50 has been crossed and the 38.45 Resistance is being tested. Target: 40.10, that is roughly a +5% rise from the 4H MA50 break-out. Sinc June 16, every break-out above the 4H MA50 has resulted into at least a +5.50% rally. ** Please support this idea with your likes and...

TradingShot

Pattern: Channel Up. Signal: (A) Buy if the Lower Highs trend-line breaks (B) Sell if the Channel Up breaks downwards. Target: (A) 43.50 (just below the Resistance) (B) 37.10 (just above the Lower Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins...

ForecastCity

Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (42.56). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . WTI is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...