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Hi dears It seems that due to the revival of the JCPOA with Iran, and the entry of Iranian oil into the world markets, we will witness a drop in oil prices in the coming days. From a technical point of view, we should pay attention to the red trend line, whenever it is broken, the probability of oil fall increases. If you like my analysis, please support me. thank you
USOIL (4H) is currently approaching to test the neckline of 4H head & shoulder. It is high probability that the price will have a rejection as we already have seen strong rejection from this important area of value with long bearish engulfer. As the long-term trend is down, it is a high probability that the price will continue to drop as daily has a strong bearish...
Looks like usoil making a wedge near resistances setting things up perfectly for a potential short.. entry 101-97 tp1 93 tp2 90 tp3 85 sl 103
USOIL has formed a strong bearish price action on a daily and higher timeframe. In the 4H timeframe, we see a significant expected retracement to the upside. Price is now currently approaching this important level of resistance. Upon rejection and price action confirmation, a selling opportunity may arise. Thank you and press the like button if you enjoy this content :)
25th August daily key reversal bar formed which made a new high closed off the low. supply zone 94.80 & 95.80 for short as well. stop loss 96.10, target 89.50. any how i will book profit at 91.50. while 89.25 ideal buying opportunity for long which is demand area.
H&S pattern is a possibility now because it did not get above 94.3 level and it rebounded quickly just before European session. The left shoulder has formed and head is in the process. History shows that double tops and h&s work really well for USOIL. Half an our till market opens and it might go just as planned because there are no significant news that could...
oil under heavy zone . that cause i will sell from 95 .
In this chart price break the support with increasing Volume and retest the level with Low Volume which is clear indication of sell trade. best of luck.
USOIL is headed for a strong bearish trend there is sign that this downtrend may be over. While earlier bullish, oil neared the 100 EMA, rejected strongly and down. But this time, the oil broke the 100 EMA and moved very strongly bullishly. Oil is currently trading at a level it previously strongly rejected. If can break this level and show growth, you can make a...
USOIL MARKET BREAKDOWN Last week was the stuff of dreams with USOIL pulling through for insane pips, GOLD pulling through for insane pips and GBPUSD giving us a modest bag! As stated last week were are simply following the USOIL down trend and it's working out nicely so far. USOIL dropped down to our bottom zone before pulling back, we did try to long this but...
According to chart analysis, we have an indicator for a short position.
Hello traders! ⁉️This is my analysis on USOIL . Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action from here as price rejected from psychological level 92.00 + FIBO OTE level (0.705). My target is sell side liquidity. Like, comment and subscribe to be in touch with my content!
CRUDE OIL intraday trading alert 3 steps must fulfill before entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and see you in the home ⬇︎ More info in my profile.. Good luck traders..
USOIL WTI W1 Will be Down Till $38 if my 1st TP zone break out then next we will be seen 38$. Share your opinion in comments. Like and follow me. Thank You
Trade Idea: Selling Oil Reasoning: Looks set for lower prices Entry Level: 92.38 Take Profit Level: 88.74 Stop Loss: 93.31 Risk/Reward: 3.97:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
An almost 2 years upward trend has broken and retested. The market is following similar parallels to the 2008-2009 Market Crash. Should we be worried? Is the global economy about to collapse?