Try to catch, a stop below $83 here. We saw the reaction to the last downturn. The next destination is $80, but maybe that's why we'll refuse here, because everyone expects it
Today, crude oil opened lower, after a high of 88.1, crude oil fell in shock. Overall, crude oil is still down in the short term, the operation is recommended to withdraw to near the 85.6 support level, and the above is concerned about the resistance near 88.3-90. If you are confused about trading, please join me, I believe you will have a great harvest!
Crude oil opened at around 87.8 and ended at around 88.2 last week. The overall trend of crude oil last week was bullish. We look at the price changes of crude oil with an upward trend. We can see that the greater the downward adjustment, the more the price increases, and the objective trend enters sideways. To summarize, the current price in the sideways range...
USOIL New forecast The price of oil rose strongly yesterday to exceed the 88.31 level and return to the ascending channel, heading towards achieving more expected gains during the coming period, on its way to visiting the 90.40 and then 91.53 levels as next positive targets. Therefore, the upward trend scenario will remain valid and effective for the coming...
Hello traders, Lets review this weekly outlook first. This week, we were expecting weekly trend to be continued. And it is continuing with a fice-wave trend here. Check this right chart first, you can see that I am assuming wave 2 is still ongoing with lower 5 WAVES( RED). Oil could eventually hit last high and breakthrough to make a new high next...
The crude oil news has basically not changed. Based on my crude oil trend analysis on Thursday, the overall trend is still upward and will continue to rise after a slight correction. Operation suggestions: buy 87.5-88 tp 90.5-91.5
Through the analysis of the hourly chart of crude oil, we know that the market rose first and then fell yesterday, forming a shock upward breakthrough trend yesterday. By comparing with the previous period, we already said last week that we expected to form a bullish trend. When the high level fell in the early period, all the moving averages began to turn...
USOIL New forecast The price perfectly fulfills my last idea and we profit about + 130 pip . The price of oil was unable to return to the main ascending channel, as it found strong resistance near the 88.31 level, which forced the price to rebound and correct downwards to move towards resuming the bearish corrective trend again. From here, the upward bias...
📈Clean Long Trade Setting Up 📈 🟢Daily IRL Tagged 🟢Strong Bullish Reaction on H1 🟢Looking to Long Retracement into H1 OB with Bullish M15 PA. 🎯Target: Daily ERL @ 88.33
USOIL New forecast The price perfectly fulfills my last idea and price reached to our first target + 40 pip and still running . The price of oil continued to rise, approaching our suggested positive target at 87.72, . We expect the price to push the price to exceed the 88.31 level and achieve additional positive targets up to 89.52, in addition to returning...
alot has changed the gap got filled and the small downtrend got broken can this mean that we will resume the uptrend
The International Energy Agency (IEA) said on Thursday that geopolitical risks in the Middle East have escalated following Hamas attacks on Israel, with oil markets on edge and uncertainty about how things will play out or how far the conflict could spread. In its closely watched oil market report for October, the IEA said: "A sharp escalation of geopolitical...
USOIL New forecasts The price perfectly fulfills my last idea and price reached to our target + 100 pip . The price of oil rose strongly to breach the 84.81 level and stop the bearish corrective scenario, heading towards recovery and achieving expected gains during the coming period, as positive targets begin to test the 87.72 level. Therefore, the...
Crude oil yesterday's typical interval arrangement, the highest 86.7, the lowest 85, the daily line closed small Yin at 85.9, the four-hour chart of the large interval, the top 87 will be an important resistance point in this interval, the lower focus on the 84 break, the breakthrough will fill the gap; From the point of view of the 1-hour line, the lower focus...
The crude oil on Monday swung back to 84.8 after moving higher, yesterday's high open gap after the repair of the inter-zone is not large, due to the international environment, the potential of the ground edge, the recent period can be maintained much lower, Stay in the day 85.4 attached near many, the upper side 87 attached near can be empty. If you are confused...
The outbreak of the Israeli-Palestinian conflict, if more forces are involved in the subsequent, the Middle East oil producers may be directly affected, crude oil production may be in short supply, and oil prices may rise more sharply. In the outbreak of the war between Russia and Ukraine last year, the oil price rose sharply from $90 to the highest price of...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: As we can see here we are in a bullish market structure from daily perspective, so price filled the imbalances and then rejected strongly upside. Expect bullish continuation here. Like, comment and subscribe to be in touch with my content!
If the United States tightens sanctions on Iran, analysts at Commonwealth Bank of Australia (CBA) estimate that about 0.5-1.0% of global oil supply may be affected, which would push Brent crude oil prices above $100 per barrel. A further risk is whether Iran will try to disrupt oil shipments through the Strait of Hormuz, through which 15-20% of the world's oil...