After breaking above the ascending channel and reaching its highest value in nearly six months late last week, the price of West Texas Intermediate crude oil retested the upper bound of the channel during yesterday’s trading session. The outlook continues to look bullish on daily and weekly time frames. Nevertheless, multiple indicators flash overbought signals on...
WTI Oil (USOIL) is trading within a Channel Up pattern since the January 28 High supported by the 4H MA50 (blue trend-line) - 4H MA200 (orange trend-line) Zone. The Bullish Legs have so far recorded rises within a +8.24% to +10.24% range. Right now it appears that Oil has finished the latest Bullish Leg as the 4H RSI made its standard Peak formation and declined....
Crude oil market analysis Crude oil bulls have been, did not stop, although the extent of the rise is not too large, has been in the sideways slow rise, but the shape and indicators look at the size of the trend is all bullish, today back to 84.80 to consider continuing to more, the short-term strength of the water rose near 84.10, this position does not break...
Crude oil market analysis Yesterday, we laid out more than 85.50 crude oil single meat, today we continue to find more single opportunities, 85.50 today is also the opportunity for long to get on the car, crude oil short-term to see that it has the need to repair, back can continue to layout, now the size of the trend of crude oil is all bullish, short-term back...
Oil is as I predicted, with a strong upward momentum. If you buy at the support point, you will also make good profits. Oil reached a maximum of around 87.2. I previously thought that there would be a need for adjustment when oil reached 87, so I am cautious about buying now. Join me, I will analyze in detail how to trade and improve your success rate
Daily resistance is 85.5-88, support below is 82.6 Four-hour resistance is 85.5-86.5, support below is 84.2-83.5 Crude oil operation advice: Yesterday, crude oil also reached a new high, and the price also began to fall around 85.5. The overall trend above is in line with expectations. From the daily level analysis, the current big support below is around 82.6,...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 85.033 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 83.400 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is...
Resistance Levels: 1. Resistance at $89.01 and $91.11: These levels represent significant barriers where selling pressure may intensify. Traders should watch for price action near these levels, as a breakout above could indicate further bullish momentum. 2. Secondary Resistance at $93.73 and $95.00: These are additional resistance levels beyond the initial...
✅CRUDE OIL is trading in an Uptrend and oil broke the key Horizontal level of 85.00$ And we are seeing a retest And a rebound so I think That the price will keep growing LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Crude oil is likely to continue to rise next week, but there are still short opportunities, the operation plan has been given in the chart, this week to participate in crude oil orders are very few, the main reason is to focus all on gold, there is a good opportunity to enter the channel next week will prompt everyone!
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Hola Traders, This is our Excellent master plan to Heist Bullish side of Crude oil barrels. My dear Looters U can enter at the any point above the green MA pullback area, Our target is Red Zone that is High risk Trap area. Put Stop loss in recent swing LOW. Dear Robbers we can steal oil barrells and finally sell in the commodities market then make money and take...
We see a nice gap down on WTI. As always, there is 80% chance that the gap will be filled. I already see an intraday price action confirmation. Goals: 86.6 / 87.4 ❤️Please, support my work with like, thank you!❤️
Looking forward to entering Long on BCOUSD after NFP today. Am not too eager to enter, if it happens, its good. If it doesn't happen, I am fine too, since today is Friday, and I have to hold my positions over the weekends. I am used to holding trades over the weekends, however I prefer the weekdays. Therefore, when Mondays roll around, I thank God its...
Hi guys, WTI went ahead as our prediction on 13 December. Now we expect to go down 70 level and after that we will buy it long-term. Main target is 95-100. Be careful today because of the first important news of 2024
Hi there, It seems to start a big C correction wave. and we could enter to a long term short position. sell it at 148-148.5 TP1 138 TP2 135 TP3 (final) 125 SL 150.8-151 Be success guys. we glad to see your comments here.
My dear friends, USOIL looks like it will make a good move, and here are the details: The market is trading on 86.67 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear V signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 84.99 Recommended Stop Loss - 87.55 About Used...
USOIL - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short USOIL Entry Point - 86.67 Stop Loss - 88.00 Take Profit - 83.84 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️