USOIL is in a downtrend. At the support level of 75.82, there may be a short-term rebound. If the price fails to break through the 81.48 resistance, there is a chance that the price will fall to test the support 69 >> GooD Luck 😊
Weekly update for WTI Crude Oil.
From the beginning of September, the market was forming a descending triangle formation - a classic bearish accumulation pattern.
Its support was broken on Friday last week.
I believe that it will trigger a further decline.
Next supports: 74.5 / 71.5 levels.
For entries, consider a confluence zone based on a trend line of a...
With crude oil prices declining, one might expect that the Federal Reserve's monetary tightening is working and that perhaps a pivot may be on the horizon. However, if we dig deeper, charts are sending warning signs that perhaps crude oil prices, and inflation in general, might remain elevated for much longer than expected.
The chart above is a monthly chart of...
Potential buy from support/HTF channel bottom, will be entering with a break of that TL and the previous swing high, once I have that confirmation ill be pulling the trigger!
Let me know your thoughts!
Welcome back to another strategy with analyst Aadil1000x.
Our last week's Buys are in good profit and now there is another Good NEWS where I have figured out a crash in oil price. This is great NEWS and low oil prices will make our everyday life easy and Businesses will run smoothly.
Surety from my side is not less than 100% and I am seeing Oil...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL. USOIL is exactly Moving according our analysis. Now this time this is at a small support level. That mean here we can see a small Retesting to the price level 85 that is a strong resistance level. After that again we can see a good drop in price to our main target 70...
The DXY normalization is far too good. Make good use of it, and make improvements on it, as you must. The accuracy, in even such long timeframes, is incredible. For the retracements, the magnet tool was used, and the retracement is in fib scale. Therefore nothing was placed by chance.
Also look at the short-term accuracy.
Look at the standard SPGSCI. It is...
Price is currently testing the bottom of the channel and the 127.2% extension level around 76.90. If we can get an impulsive break above the confirmation level at 80.60, we can expect more upside from here.
The idea here is about Crude Oil Swing Trade:
I am bullish on short term for crude oil due to the below observed technical factors.
1. Support established on a daily chart at the point of falling wedge as per below:
2. Deep Crab Harmonic pattern completed on a daily chart as per below:
3. Leonardo Harmonic pattern completed on a weekly chart as per...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about VGXUSDT. VGXUSDT is almost ready for next 100% Gain as we explained before. Don't Miss This. We can see price around 1.3 to 1.5 level in next few days.
Keep in touch we will update further soon.
Going Over Price Movements 5:00
APPL What I want to see Recap 14:30
Video Sums it up. The average ceiling is around the 4HR hull at 151.81. Depending on where we start...
I mentioned before if Oil break 80 we will go to 75$
What to know now !
If oil break 75 and stay below it for 1day we will visit 65 and maybe lower but 65 is first target
If oil stay above 75 for one day so we will have pull up to 80-85 area
My analysis say we still have more down side and may visit 65
Just wait the price move to reach monthly demand zone that is overlapping with weekly and daily demand zone at the price that mentioned on the chart 67.36 and 64.90 so I will put Buy-limit position with RRR1:3.
it just need you to be patience
With foreign currencies tumbling, anything traded in US dollars will cost more... such as oil. Unsurprisingly, crude oil has been unable to hold onto earlier gains, and has turned lower as the demand outlook deteriorates further.
There’s also another risk that is not being discussed much in the markets right now: a full-blown emerging market (EM) currency...