Here is my latest structure analysis for WTI Crude Oil. Resistance 1: 74.1 - 75.0 area Resistance 2: 78.5 - 79.8 area Support 1: 71.7 - 72.9 area Support 2: 67.7 - 68.7 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Crude oil (USOIL): Crude oil also showed the same picture as my analysis yesterday, falling first and then rising. Today's opening is at 74, with an amplitude of $3 in the morning. It's not promising, and the amplitude is smaller than gold! The daily chart has risen for five consecutive days. Visually, the downward trend has ended, and a new round of bullish trend...
Pair : Crude Oil Description : Completed " 12345 " Impulsive Waves and Making its " ABC " Corrective Waves. Bearish Channel as an Corrective Pattern in Long Time Frame and Its Currently Rejecting from the Upper Trend Line to Complete the Retracement for Break of Structure Entry Precaution : Wait for Breakout and Retracement
Since the breakout of the Israel-Hamas War on 7th October 2023, there has been an increasing number of attacks on military and transport ships sailing through the Red Sea, with Houthi rebels from Yemen standing behind many of these incidents. About a week ago, the group went as far as to announce the blockade on ships traveling to and from Israel through the Red...
Yesterday, the conflict in the Red Sea region of the US market escalated, and a cruise ship incident occurred, so gold and crude oil rose sharply. However, the biggest impact of this incident was on energy, and the impact on gold was limited, So, crude oil breaks through the technical suppression of the 4H mid-track and continues the upward trend. On the weekly...
CRUDE OIL - LH? There is a downtrend with lower highs, im not bullish on this , and im looking to short it again, but i need more confirmations to do that. Im still bearish!
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 testing a major horizontal structure 72.70. Taking into consideration the structure & trend analysis, I believe that the market will reach 75.31 level soon. P.S We determine oversold/overbought condition...
#MINAUSDT UPDATE MINA is making Ascending triangle pattern. And now almost ready for breakout. We can see gain upto 50%+ after breakout
In this zone there is a POC from May 3 to June 30. VAH same range at 69$. It's attractive to me to entry, but only if scam wick comes, which will destroy the support of $73 now
hello everyone, USoil pulled back from the main resistance level, Monthly bar started of bearish weekly: good confirmation of overall price is bearish Price could fall to support level 1 or 2... for entry try getting as highest as possible good luck
As you can see we have a good probability to buy USOIL at these levels , we have a good up trendline and made a pullback on strong key level so manage your risk and enter
For the WTI index, we see a strong support of $65-68. Due to the positive divergence with the power oscillator at this floor, it can have a growth up to $76 and then have a correction up to the $70 band. According to the February period, it can grow to the level of 80-82 dollars and will move towards 89 dollars in a higher time period.
Daily/4h time frames analysis for Oil. Price action, important key levels. Potential scenarios & thoughts. ❤️Please, support my work with like, thank you!❤️
Somehow we managed to find support just below $68 and guaranteed divergence on daily and weekly (bullish hidden divergence) For further confirmations of growth, like last time, the price of $77 and $80 is important. The 50weekly MA, 200 Daily Ma encounter very strong resistance, so be careful.
WTI Oil (USOIL) hit our 73.50 short-term Target that we called on December 07 (see chart below) but remains within the 2 -month Channel Down: On the wider 1D time-frame, we can clearly see that the price is still inside the 9-month Buy Zone. The tendency is that when the 1D MA50 (blue trend-line) breaks after dipping within the zone, the price approaches the...
Crude oil fell last week, the weekly cross small Yang K line to stop falling and start to stabilize, after a continuous decline, a slight short-term rebound. A strong rally held the 67.70 low and established support in the previous low area. A small wave of sun line initially recovered the last big Yin K line and recovered the apex of the big Yin line. The...
#GALUSDT UPDATE GAL is getting good volume. Now staying a resistance level. After breakout we can see gain upto 30%+✍
Hello,Traders! CRUDE OIL went up from The horizontal support of 68.09$ But is now retesting the Horizontal resistance of 72.70$ From where I think we will see A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!