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...
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.
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...
Located in the downward channel, the resistance is at 83.3-83.5. You can continue to short in this range, and set the target at 82.6-82.3. Then observe the resistance near 82.8. If the rebound process does not break through the resistance, you can sell again, with the target near 81.9.
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to go a little bit lower to fill the imbalance and then to reject from bullish order block + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
Technical analysis of crude oil Daily resistance 83.4, support below 79 Four-hour resistance 81, support below 80-78.5 Crude oil operation suggestions: Crude oil 4-hour chart is still shrinking and consolidating, and short-term contraction and shock are waiting to accumulate momentum to open up space. In the short term, there is still an expectation of further...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a range, so we have opportunity both for long and for short. We can consider that range as a bullish flag and open a long position above 82.00, or price could confirm regular divergence in waves and open a short position below 80.20. Like, comment and subscribe to be in touch...
Technical analysis of crude oil Daily resistance 83.4, support below 77.5 Four-hour resistance 82, support below 80.7-79 Crude oil operation suggestions: After a bottom rebound in the daily chart of crude oil, the upward momentum has slowed down. Short-term is accompanied by a second roundabout retracement confirmation. The daily chart uses the middle track as...
Brent Crude Surges in June as Inventory Draw Tightens Market, But Chart Pattern Raises Concerns Brent crude oil prices experienced a significant rally in June 2024, rising 5% over the month. This increase adds to a positive trend for the year so far, with Brent crude accumulating a total gain of 12.85% year-to-date. However, a closer look at the price chart...
Crude Oil Technical Analysis Daily resistance is 80-83.4, support below is 77-75 Four-hour resistance is 80, support below is 77.8 Crude oil operation advice: Yesterday, crude oil experienced a strong bullish rise around the 77.5 mark. In the Asian and European markets, the price slightly stepped back to test and stabilized at the 77.5 mark, ushering in a...
Oil analysis 4-hour and 1-hour time frames The price is near the 4 and 1 hour supply area and we expect it to start correcting after hitting the area.
Technical analysis of crude oil Daily resistance 78.4, support below 72.7 Four-hour resistance 76, support below 75-73.8 Crude oil operation suggestions: Crude oil fell first and then rose last week. The weekly line is in a wide range of fluctuations, and there is no strong unilateral trend. In the form of repeated tug-of-war between long and short positions, pay...