Hi traders. Taking a closer look at oil a slip from $100 is looking more likely, we here to learn and share information about the markets. Crude Oil is a fundamental resource, still a root fuel source in many countries, much of our trade and economies are built upon oil. We aren't too sure of all the factors around the causes and effect on the oil price if some...
Just an idea and trade at your own risk. Oil still bullish long-term and still in its uptrend. Correction may be underway to 85 area before next move up.
Just an idea and trade at your own risk. Oil on the longer term still remains bullish on the weekly and monthly timeframes OIL reached on the weekly timeframe the upper uptrend channel and correction may be underway back to 90-95 prior bullish continuation to new highs.
#COMP/USDT is back to where it started...this is a good chance for us to get hold of some of these tokens!!!
Buy - 0.3$ Price resistance areas are in the chart...should consider
Great buy zone for #DASHUSDT Taget expectations will be quite high
Morgan Stanley Jumps On The $100 Oil Bandwagon Morgan Stanley expects oil prices to hit $100 per barrel in the second half of the year, becoming the latest major Wall Street bank to expect triple-digit oil prices by the end of 2022. The oil market is headed to a “triple deficit” of low inventories, low spare production capacity, and low investment, Morgan Stanley...
Hey Traders, in tomorrow's trading session we are monitoring USOIL for a buying opportunity around 70.3 zone. USOIL have formed a bullish flag. Once we will receive any bullish confirmation the trade will be executed. Trade Safe, Joe.
Since history always repeats itself, we expect oil to drop to levels 38, 34 , as you see there are 2 ascending triangles , one big and the other small, look at the small one, after the price broke the third higher low , the price retested it by forming double top then descending wolfe wave formed ,then the price free fall fell so we are expecting the same path...
Hi there, Oil preparing a big move to the downside, since March 2020 lows we are on a new trend, completing the 3 wave we go for the big correction to the downside, Long term, Oil still a buy, but for now look for shorts only. Watch price action in lower timeframes to go short, Good luck
Hello and welcome to my post ! OIL is still in a strong uptrend and we are just breaking out from a bullflag. We are getting strong resistances from EMA100 and MA200. Something worth mentioning is the purple boxes on the chart, they are indicating previously fake out areas, a think that might happen if the price action dosent break the previously mentioned...
i am looking to short oil soon. confluence of monthly resistance and upper bollinger bands in the red rectangle. good r/r.
WINTER IS COMING so oil must see another higher high before goes down after pandemi as oil trades around the world we will see price drop
Coming drop as shown in the drawing Reflective candle on a daily frame near a downtrend And a retest of the previous uptrend Down time also If the uptrends break out, the scenario fails, but now good selling areas
There is a very low volume around 70-75 range for crude oil. If there is a reason to increase the price, it will shoot past this range and go to 90 and beyond. If there is not a concern it will revert back to <60 prices where oil is mostly traded. Now might be a better time to use some options strategy such as Straddle or Strangle. In my opinion, it will fall...
- if you follow this setup, do not overleverage - do not use more than 1% of your balance simple and effective: -speculative setup -short at point B between R1-M Pivot and 88.2 fibonacci -target between S2-M Pivot, 1.809 and 2 trend based fib -TP +15% gains -RR 8.58 -updates will follow -like so you don't miss anything -follow me for more good luck...
The world’s top commodity traders have forecast a return to $100-a-barrel oil TVC:USOIL An investment in new supplies slows down before demand has peaked and before green alternatives can take up the slack. Executives from Vitol, Glencore, and Trafigura, and Goldman Sachs said that $100 crude was a real possibility on Tuesday, with prices already reaching...