Hi Everyone, Please see updated 4H chart, Oil already hit the support around 86 ready to test the key point at 90, if break there is likely 2 possible upside moment. as we can see the oil will make range until the fed release their new hike Interest rates. we also need see the next coming geopolitical movement from Russia , China and USA. The oil embargo will...
oil is ready to complete terminal as c in last lag of flat in d lag of big triangle buy opportunity in 80-83 dollar for 140 dollar at least
Oops, I updated the chart today and looked at the chart in the medium term (6H) and realized that we might see this pattern on the chart, then should check twice the chart within the specified range. But the analysis done on the daily time frame is still valid.
All targets are Achieved. Tast's an update. As I said in the WTICOUSD chart analysis on July 21, the price dropped to the $96 range and started rising to around the price of $104.
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...
oil is in correction , it's maybe is triangle, it can see above $100 one more time and then go to $83-85 but don't forget about next target , above $200 :-)
Due to the trend line chart, it has been broken down and reached the support range. Given this failure, we will have more correction if we lose the support range, otherwise we will increase the price up the price in the next few days with the support and failure of the trend line. Its not Buy or Sell SIGNAL DYOR BY : Mohamad Teriz - @AtonicShark
According to the chart, if it loses the support of the trend line, we will fall to the specified areas, and otherwise, with the support of the trend line, we expect the price to rise to the resistances specified in the chart. Its not Buy or Sell SIGNAL DYOR BY : Mohamad Teriz - @AtonicShark
Given the recent declines mentioned in the previous analysis, now the channel has been formed and the channel floor and the floor have reached its important support that if it loses this range we will have a $ 19700 and $ 18400 fall. And if support the price rise to Midline and the channel ceiling, it is not unexpected. Its not Buy or Sell SIGNAL DYOR BY :...
A clear formation of a Bullish engulfing pattern can be seen by the naked eye on 1Hr time frame of OILUSD. It shows the price will move further upwards in the coming hours.
oil is going to under $85 , but it's a correction for another big move to above $200
Oil is moving higher in a $10-20 channel for the past 3 months. The respect of the downside trendline support in the past few weeks has led to a reliable rally if we hold lows. The similar situation on the topside with multiple rallies above 110 failing in recent weeks. The current strategy is to follow Oil from downside to topside support and resistance and...
Just an idea and trade at your own risk. Oil retested previous demand zone around 90-100 and broke the descending channel at the daily timeframe. Oil currently testing the supply zone at 110-115 and break above would lead to the upper trendline channel and the next supply zone at $150
Just an idea and trade at your own risk, OIL broke the symmetrical triangle pattern on the daily timeframe and retested the broken up line, which confirms further up move continuation to next supply area at 150. A break of current supply zone at 110-115 will confirm next bullish movement.
Just an idea and trade at your own risk. OIL is about to resume its bullish movement to new highs around 150 area, the next supply zone. Oil is nearing ending its correction phase after rejecting the previous supply zone (resistance),which now becomes a demand zone (support) and formed a descending triangle pattern on the daily timeframe, which today is trying...
According to chart analysis, we can see a trend line and probably it will test its previous high so we have both plans Plan A: Long Entry: 108.055 SL: 106.253 TP: 114.733 Plan B: Short Entry: 102.203 SL: 106.253 TP: 93.471
Hello everybody. In my previous analysis i was talking about inflation. Gold, Silver and oil are showing some bullish action i expect downward pressure for the dollar Since the world did not stop printing and prices for goods are rising fast. -NO FA -Do your own research -Share like and suscribe
usoil oil if it doesnt go back to the uper zone it will cont to drop down