Over the past two weeks, international oil prices have continued to fluctuate upwards, despite the negative signals from changes in US crude oil inventories and little impact on Russian crude oil exports from sanctions. However, these pressures have been unable to overshadow the positive impact of China's economic recovery and resilient risk appetite on oil...
Yellow leaves give up the trunk in anticipation of the verdant spring; candles sacrifice their perfect bodies to have a lifetime of brightness; and the mind lets go of the mundane clamor to embrace tranquility. Only by letting go can one free their hands and seize true happiness and joy that belong to them. Learning to let go is essential to living a fulfilling...
USOIL released the EIA data half an hour ago, which showed bearish news for USOIL. However, the market saw an uptrend mainly due to the fact that the data, although higher than expected, was lower than the previous value, which is actually bullish for USOIL. This rebound was also within expectations. However, after the data release, the market is expected to...
USOIL may make the same bearish move for a third time on the monthly. If it does complete the move and get to the 618 zone we can begin looking for the LONG.
Oil is currently at very strong resistance level between $94 and $96 Waterfall if it doesn't break this level
The Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument. Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on...
Hello guys, Oil closes above the resistance on the monthly time frame and as per fundamentals the crisis in UK & energy crisis in China also indicating the demand side is strong. I am very much Bullish on OIL and will take the Long Opportunity once found the proper confirmation.
USOIL after our last analysis broke the 1 st flag and moved above the structure at 45.50 and currently retesting it. The price after the break retests the 0.5 fib level of the previous impulse exactly over the support. IF the market will move as in the drawings with a nice bullish impulse we will be ready to place a nice long order according to Plancton's...
The USOIL is one commodity that attracted my interest in the last couple of months as I have executed some profitable positions within this period of time hence decided to do a publication after noticing that the commodity remains on track to close the second straight week in positive figures as the price keeps bouncing off my Demand zone. Tendency: ...
Following temporary suspension of trading new oil futures contracts for all institutional and private customers by USO's broker RBC, USO has secured a second broker, RCG, to allow the trading of new oil futures contracts by USO , effective May 29, 2020. In addition to the buying and selling of new oil futures contracts under RCG, USO still maintains full...
SHORTING USOIL XTIUSD TP 1 100 PIPS TP 2 500 PIPS TP 3 1000 PIPS TP 4 OPEN To get involved with mentorship or get more trade ideas; contact me. hvxsan@gmail.com
USOIL is currently in buy region after making a successful pullback, we can look to buy within the red zone marked on the chart, a break below 54.39 invalidate this analysis...
Just my opinion on what market might currently be doing. If market does get to 58, then i will wait a while to see what market does before deciding on next move. Enter and exit at your own risk. This could be happening DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk
On previous week USOIL (WTI) broke dawn upward channel, because we had news that OPEC are increasing oil production. Price technically could make a PullBeack to Sell zone $71. There we can catch Swing move down to key buy level $58.18 The best place for short is near $71. It is a place where price broke down channel. S/L set higher $72. Under this post in...
USOIL the pair traded in bullish trend , After API surprised markets with a 1.1-million-barrel build in crude oil inventories yesterday, the EIA reinforced the mood by reporting a 2.2-million-barrel build for the week to April 20,The effect of EIA’s latest inventory report on oil prices would be interesting to watch; API’s figures seemed to remind market players...
In daily Candle USOIL LOOK Like going to downside but in 4 hour it create continue pattern ( triangle ) if break this triangle this going to up ,, stop loss below 51.60 buy at traingle breakout and tp is 54 Trade with care and happy trading Good luck like , comment , Subcribe if you like our idea
what a pity .here can not use chinese.In July 2015. Crude oil has reached Andrew fork Central Line position. Rebound. But is very small. In this position again to start a sell-off. Are you ready
From a technical perspective, the oil price has turned quite interesting since the start of a new trading month. The chart below shows the monthly rolling oil contract chart where June’s price action closed in a doji. It gains significance following three straight months of gains. The monthly Stochastics also shows the hidden bearish divergence currently playing...