OGM #USDWTI #Oil Near All Time Low ! #OilPrice All Time Low $9.75 on 1 April 1986 What Your Idea oil is more crash??? Follow Me :)
I think this has to be near some sort of bottom. We havent seen prices since 1999 and I personally dont believe that oil settle at this prices forever. Economic activity will come back. Im calling a bottom of $12.30
Oil is looking VERY INTERESTING. We have a potential inverted head & shoulders on our hands. We could be seeing another drive to the upside to potentially retest resistance of 30. Potential longs soon!
MEETING OF OPEC + MOVED TO APRIL 9? Under the rise in oil prices, they decided to meet and agree. I think that flooded too early and need to collapse? It is also not a fact that countries will be able to agree on a reduction in production. Therefore, I make a forecast for a fall, or as they say, a correction of growth.
This spike was a "dead cat bounce" in wave 4. The wave 4 could extend more to make double or triple three. The target based on the current top in wave 4 offers the target in wave 5 at $10. There is a 38.2% of wave 1-3 in wave 5.
USDWT I Oil is looking very interesting, definitely still stuck in consolidation for the time being. I do believe we're going to see some very big moves soon. Remember when pairs get squeezed tight in consolidation we typically see some very big moves. We might be heading lower soon. Sitting on my hands for now and keeping a close watch on oil. I do believe were...
USDWTI Oil is looking really interesting. It does look like the bulls may be taking control but at the same time it’s showing very tricky price action at the moment. I am not really liking how it’s looking so I am going to stay on the sidelines for now and let it play out a bit more
After seeing $ 27 when it opened last week, WTI has been able to rise just over $ 36. We expect this increase to be over and we will see lower values again. The first support level is $ 28.43, and next one is $ 25.73 What movement do you expect for WTI? Leave your thoughts in the comments below.
PA is hover above 51.50 level & there are a huge demand zone down below 51.50 if PA continue to weaken and PA might continue to fall towards 48.00 level Price had fallen from 65.50 zone since IRAN-US potential war issue late end 2019 might see price to continue to fall below 45.00 if broken, critical support. World fundamental issue can trigger lots of emotion...
Umnuh downtrend channel in swing point (resistance level) bolon fibo 0.5 der evening strar candle formation garsn baiga ba EMA 200 orchmos rejection uzuulj baina. Herve ene unalt urgeljilbel 41.50 orchim hureh magadlaltai baina.
Unaltin handlagig ilerhiilj bui channel setlegdej double bottom pattern uusen EMA cross hiisen n unaltin handlaga duussan g ilerhiilj baina. Enehuu unaltin handglagin oroigos tatsan fibo gin 0.618 ni 200EMA te oiroltso baiga blhor hansh 49 hurched urgeljluulen unaj blhoor baina.
All minimum downside targets were reached as wave Y of (B) tagged former low and it is longer than wave W. See related chart about drop. Almost perfect flat has been built in wave (B). I think the wave (C) could emerge now. Buy trigger is above the recent top of $52.20 (C)=(A) target is located at $73.50 - huge gain. Besides that (C) could tag the former top of...
USDWTI Just sitting around $50 a barrel. Sitting on the sidelines for the time being, I need to watch oil play out a bit. Nothing for us for the time being.
Hello guys, In this video i show why i see a long in WTI. Coming into this week i was only looking for shorts on oil and cad but with the opec meeting russia i am forced to review my bias.Oil has been extremely cheap and a course for concern especially with the demand coming out of china dropping at record levels.If i am not mistaken china makes up for almost 20%...
Hello guys , This is my short idea on wti. I believe the price its at a key resistance level.This in addition to the fact that the corona virus clearly bring about an over supply of oil with airports shut down , less flight, less people driving that creates an oversupply of oil should bring price down. I know the crude oil inventory count is coming up so i have...
USDWTI Keeping a close watch on oil. Nothing for us just yet. I feel we could see a push to the downside to retest support then if support holds we could see a strong reverse to the upside. We need to sit on the sidelines with this pair for the time being.