Dear Traders, Oil completed AB=CD pattern and it is in course of big bullish move. We need more liquidity and volume for price to continue the growth. In coming days, we expect price to hit 85 first and then 90; if price breakthrough that region then we will have a strong bullish price movement which will lead price to hit our final target. Good luck and happy trading.
The rebound in the downtrend is approaching resistance, sell, tp78.9/78.6/78.1
On 4h timeframe, WTI Crude Oil is printing a falling wedge pattern followed by Bearish Divergence on RSI. Potential Reversal Zone is predicted using the AB=CD pattern. TRADE PLAN Buy on breakout on previous Lower High. Stop Loss on previous Lower Low TP1, TP2 with RRR of 1:1 and 1:2 respectively
Rebound in downtrend, buy, tp 77.7/78.3
If you are a friend who likes to trade oil, you can do a rebound at 77.5-77.8. Combined with the trend channel, oil will rebound to a certain extent after falling. For ultra-short-term trading, you can also buy to earn the difference. In the past, you always failed when trading alone. But everything will change after you follow me. Because we will be the...
BLACKBULL:WTI TVC:USOIL FOREXCOM:USOIL FX:USOIL GBEBROKERS:USOIL The overall trend of oil is still rebounding from a decline. The upward pressure currently existing above is at 80.56. However, the market never starts to rise after a rough bottoming, so the operation is still based on the reference conditions of yesterday's high and then the market...
In terms of oil, after the news of substantial persistence came to light. Oil prices have been trending downward. This is true in the medium term and also in the short term. Currently, the top of 79 serves as a pressure position and is a good selling point. The small-level target below is around the price of 77.5. Operations are still focused on selling. In...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Crude Oil Technical Analysis Daily resistance is 85.7, support below is 83.4-80 Four-hour resistance is 85.5-85.7, and support below is 83.4-82.5 Crude oil operation advice: Yesterday's volatile market ushered in a deep v bottoming and rebounded. The Asian and European market prices were under pressure and fell back to the 83.3 mark. The US market stepped down...
Hey team, Hope you are Enjoying our ideas and Analysis, Today we are Monitoring USOIL looking for Buy Update Around 78.79 One More Buy Limit Around 78.41, Once we will Receive any Bullish Conformation the Trade Will be Excuted Good Luck Guys 🤞
In the 4-hour timeframe, USOIL exhibits a bullish trajectory, marked by an ascending channel formation and the emergence of a bullish flag pattern. An optimal strategy would be to wait for a completion of at least 50% retracement before considering entry, ensuring a more favorable risk-reward ratio. Monitoring key support and resistance levels within this pattern...
Oil prices have experienced a volatile period in recent months, with concerns about global economic growth and geopolitical tensions battling it out with signs of a tightening physical market. However, for investors with a long-term perspective, recent developments suggest a potential bull run for oil, making it an attractive asset to consider. Here's a deeper...
Dear Traders, Hope you are doing great, US OIL still has high chances of touching the 90.00 region and beyond. Price made correction after rejecting at 87.00, price dropped to 80.00 from where we think price is likely to continue the bullish momentum. However, it is crucial to keep next week news in mind as well. Good Luck
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...
Using momentum indicators (keltner channel) I've been watching this weekly rally and recent correction. Using the close, and the last wave, oil price could climb to astronomical levels in USD. There is a momentum shift of the correction, and the bull market for oil appears to be underway. At this pace, 200 by june is not far fetched. I expect the Dollar to lose...
Hello Traders! I executed a long trade on USOIl as the price was rejected from the supply zone, indicating a weakness of bears. I expect a strong bullish move from this price. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support...
Crude oil analysis Daily resistance is 87.7, support below is 83.4 Four-hour resistance is 87.7, support below is 86.3 Crude oil operation advice: Today, focus on the strong pressure above 87.7 from the four-hour and daily levels, and the support below is around 86 and 83.4. When crude oil falls to 86 and 84 and is blocked, you can participate in the long...
USOIL: Small-level indicators are beneficial to bulls, with resistance around 85.8-86.5. Trading is long first and then short, and the short target is 84.8-84. If the bulls are strong and break through 86.2-86.5, the top range of 86.9-87.5 will be considered.