Crude oil technical analysis Daily resistance 78.4, support below 72.7 Four-hour resistance 77.5, support below 75.5-74.7 Crude oil operation suggestions: WTI prices stopped falling due to a decline in weekly crude oil inventories last week. The U.S. Energy Information Administration (EIA) crude oil inventory change report is expected to show that inventories...
USOIL HELLO TRADERS Tendency , the price is under bearish pressure , after breakout demand zone . TURNING LEVEL : the price of turning level around 76.96 , until the price trading below this level reach a support level (1) , but if the price breaking this level reach resistance level (1) . RESISTANCE LEVEL (1) : this level around 80.49 , for reach this...
The overall trend of oil shows the closing stage of the arc top. There are still some opportunities for decline to short the oil price to make a profit. I am EDDY. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better...
Hello Traders In This Chart xtiusd HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Crude oil technical analysis Daily resistance 82-83.4, support below 80-77 Four-hour resistance 82-82.5, support below 80 Crude oil operation suggestions: The overall price of crude oil maintains a narrow range of fluctuations. In the short term, the oil price stands above the 80 mark, and still maintains a wide range of long and short fluctuations. Pay attention...
Judging from the current pattern, a head and shoulders bottom pattern is expected to appear. This bottom has already appeared, but it is not ruled out that the bottom of the head and shoulders bottom pattern will be constructed with a double bottom pattern (or slightly lower than the previous low). Regardless of the above situation, in the end, the price rise...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bearish market structure, so I look for a short . My point of interest is if price continue the retracement to fill the imbalance higher and then to reject from bearish order block + liquidity zone. Like, comment and subscribe to be in touch with my content!
The general trend of oil is currently downward and every high is worth selling! Pay attention to the limits beforehand and check in a small time frame
The price has fallen sharply and is close to the previous sideways range. This range has a certain support effect, so the transaction can start buying here. This range is roughly around 78.4-77.6. The current price is 78.6. You can enter in small amounts. When the price enters the support range, increase the order and target around 79.4-79.9.
USOIL HELLO TRADERS TENDENCY : the price stabilizing below turning level , indicates is under bearish pressure TURNING LEVEL : the price around 81.71 . PRICE MOVEMENT : the price in previously rising an reach a target , but dropping significantly because of the attack on trump . PRICE ACTION : SHORT CONDTION : after the price breaking a channel ,...
Price above the cloud? Yes Tenkan-sen crossed above the Kijun-sen? Yes Chikou span above the cloud? Almost there Chikou span above price? Yes Future cloud bias? Bullish This is not a trade recommendation, it is just my analysis. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use...
Crude oil technical analysis Daily resistance 83.4, support below 80.62-79 Four-hour resistance 83.4-82.5, support below 81.2 Crude oil operation suggestions: Crude oil fluctuated and consolidated in a narrow range at a high level last Friday. The overall price continued the recent high-level fluctuation and consolidation rhythm. Today, the upper pressure...
Hello traders, Here, I aim to decipher the trends of USOIL across all timeframes. On the weekly chart, a cup & handle pattern is evident, with $84 serving as the pivotal price. A clear breakout on the daily timeframe could signal a bullish stance for USOIL. First target: $94 Second target: $109 Stop-loss: Close below $72 on a daily basis. I'll keep you updated...
This is higher time frame bullish scenario on USOIL (WTI). This is only applicable if a bullish breakout occurs. 1. The price is inside a triangle which is getting squeezed and reaching its apex. That means we are going to have a breakout very soon. 2. Recently the price completed and M pattern and jumped higher. When M pattern completes the market goes...
USOIL HELLO TRADERS Tendency after the price breakout , indicates the price is under bearish pressure TURNING LEVEL : there is a purple line around 82.84 , indicates if the price trade below this level reach a support level , but if the breaking turning level reach a resistance level RESISTANCE LEVEL: there is a green line around 85.25 , indicates...
The API data released today is favorable to OIL bulls. During the US trading hours, the EIA data will be released. Judging from the same direction of the data, the EIA data will also be favorable to bulls. I currently hold USOIL longs and have a small profit. Since the API data is significantly bullish for oil, in this case, the probability of EIA bullish will...
In my last idea about usoil i said usoil could fall from the resistance area as we saw its going to the target , when usoil broke the trendline and usoil was moving around the resistance and treanline it gave us a break out below the line and now towards the target
Crude oil technical analysis Daily resistance 83.4, support below 79 Four-hour resistance 81, support below 81.3-80 Crude oil operation suggestions: Last Friday, the overall oil price fell first and then rose, breaking through the 82.7 mark, and then fell back and bottomed out, breaking through the 81 mark and closing weakly. The overall price showed a...