Amidst reports that oil loadings from Russia's Baltic ports were set to rise by 50% this month; the price of oil continues to drop as the $82.50 level remains a strong ceiling for selling pressure - a feat which has lasted for 3 months now. Also, OPEC+ is expected to meet on Feb. 1 to decide its monthly production targets and this is one event major players in the...
Crude Oil
Following Rising Wedge in Long Time Frame #LTF and did a Breakout and Retracement
Completed " 1234 " Impulsive Wave
Divergence
Break Of Structure #BOS
S / R Level
Hello traders!
‼️ This is my perspective on USOIL .
After the change of character, here I am looking for shorts. If price continues the retracement to fill the imbalance higher and rejects from bearish orderblock I will consider to open a short position.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be...
Hey Traders, keep an eye on USOIL, an up wave is coming.
For us, the structure needs an up move before any next structure and this up move can go all the way up to 120 levels. The downward corrective structure can print one more low, if that happens look for buy setups again.
The correction is completed to us and market is ready to go up.
P.S. Jumping in...
Hello everyone
A warm welcome to this channel which is called Stoic Markets, Stoic markets provides technical perspective on numerous trading pairs whilst adopting the stoic philosophy. We adopt the stoic philosophy and in-cooperate it into the financial markets for two reasons. The first reason is that the markets are beyond our control so we must refrain from...
(MY FIRST TECHNICAL ANALYSIS ON USOIL:)
USOIL is currently at a valid level of support and looking at
current momentum in price, we may see a bullish market till at least
$88. Let's take note of major psychological levels ahead while trending bullish
for potential corrections or reversals.
This is a follow-up video to my previous analysis on the US Oil commodity as we close the previous week on a profitable note with over 300pips in profit (see link below for reference purposes). China being the world's number one importer of crude oil - the start of the Chinese New Year holiday will be closely watched to see if travel activities will be as robust...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This is a follow-up video to last week's analysis as we were able to scoop over 1,200 pips profit (see link below for reference purposes). Thursday's data showed that U.S. CPI inflation eased in December 2022 and this data appears to be firing a bullish momentum as risk appetite for the Oil appears to have been bolstered. Last week's trading session witnessed a...
Hello traders!
‼️ This is my perspective on USOIL .
We can see here that price took out liquidity above previous weekly high (PWH) and almost filled the imbalance. I expect bearish price action for short and medium term.
Like, comment and subscribe to be in touch with my content!
USOIL WTI H4 This Week Trade Setup, Oil Price will be 1st Touch Channel Middle Point than come down and 71-70 area, if Middle point Breakout so oil target channel upper point, after channel middle point to crash down we will buy from 71-70 area, i will update my tg channel. thank you
