CFDs on Brent Crude Oil
Today On the Daily I am in confliction with bias meaning that it could be changing soon if we repeat another bullish closing day. For this I have dropped down onto the 4hr TF and the most recent 4hr -ob is what I will be referencing as to Bullish or Bearish intra day PA. Scalpers Market atm If you un sure, sit still. We did close above the Daily v.i as I have...
Bullish. After forming a new peak high, price retraced to the +FVG. Friday's "news wick" tapped the -FVG above and quick returned the +FVG. Should the +FVG hold, expecting price to move toward the highs, as price moves from Internal -> External liquidity. The LRLR to the lower left is a draw on LQ that bears watching. I enjoy any feedback or questions in...
Pair : Crude Oil Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line S / R Level
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 82.08. Considering the today's price action, probabilities will be high to see a movement to 83.80. P.S Please, note that an oversold/overbought condition can last for a...
Talk directly about strategy as the picture shows: The short-term support level below is 81-80.8, where you can buy long positions, and the pressure target level above is around 83-84. Follow me, trading is that easy! Stay rational, follow the trading plan, and avoid blindly following the trend or trading emotionally!
Hello,Friends! We are targeting the 80.21 level area with our short trade on USOIL which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Dear Colleagues, at the moment the price has made a strong downward movement. I suppose that the price is in wave "4" and can continue its movement to the support area of 80.22, but I consider only long positions, because the price can make a reversal at once. I recommend to work with pending orders. The nearest target is the resistance area at 87.47. Manage...
Crude Oil Technical Analysis Daily resistance is 83.4-85.7, support below is 80-78 Four-hour resistance is 83.4, support below is 81-80 Crude oil operation advice: Crude oil fell first and then rose yesterday, ushering in a deep v bottom, rebounding and breaking through the high. The price of the Asian and European markets was under pressure and fell back to the...
Oil prices have retraced just under 8% from the MTD (month-to-date) high. And it looks like the market is trying to stabilise around a support cluster, just above the $80 handle. The cluster includes the 50-day MA, high-volume node and prior consolidation zone. A small doji also firmed around these levels to suggest a swing high has formed, or very near. A...
I have always emphasized that oil will fall, and the target is 83.5-84.5. Yesterday, oil reached the lowest level near 84. Now oil has been oscillating back and forth in the 84-87 range. We can still wait for the upper edge of the range to sell. Control your positions reasonably and wait for the right opportunity to trade If you don’t know how to trade, join...
As can be seen from the chart, two great resistance points formed near 87.6, which can mean that the short-term top of oil is slowly beginning to form. The previous idea was to call back to around 83.5, or even reach 80-82. The short-term decline was too fast, so I I think there will be a certain rebound, reaching 83-83.5, and then continuing to fall. The...
USOIL is currently ranging FOREXCOM:USOIL FX:USOIL TVC:DXY , buy opportunity is available. Price action is observed, this is only a trade idea. Use proper risk management. Happy Trading
hey traders we had this move befor and its already Done what u think about the nxt move ? if price can break up the bearish channel and stabilize above the 78.51$ which is 0.5 Fib, there s high chance we go back to the 95$ Also ichi confirmed this move in 1H 2H and 4H TF break up is important
So we have achieved one target for price and that was to reach the Daily V.i and so far London has rejected going higher... Would like to see price head down post 0930est My target is still 80.50 just waiting for price to align with my thoughts is what is most important before pressing the button. At minimum PDL would be a bearish target I don't see why we would...
Hello,Friends! We are going long on the USOIL with the target of 84.39 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
The Middle East hostilities have so far not created any substantial impact on oil traffic and USOil (WTI) faces pressure, as fears of a broader Israel-Iran conflict subside. Israel has reportedly retaliated for Tehran’s recent missile and drone strikes, but both sides appear to downplay the matter, diminishing the risk for further escalation. Looking at the...
hello guys... as you can see a wedge pattern formed and the price broke it up! consider it the price touched the target of pattern and I mention it on the chart! now if you check the 4h timeframe: you can see a head and shoulders pattern formed but the neckline has not broken yet! if the neckline breaks you can get a short position to the s&d area! this...