ALL things in marcket show you the oil price in the way to GET PRICE LIKE 90 $ OR MAYBE MORE AND YOU CAN FEEL IT , JUST CHECK NEWS ....
Crude oil prices went up on Friday due to Israel's expansion of ground operations in Gaza. This has raised concerns about the possibility of the conflict spreading in a region responsible for a third of the world's oil production. Turning our attention to China, we're eagerly awaiting the release of manufacturing and services PMI data for October. Investors are...
WTI Oil (USOIL) eventually formed the Channel Up we projected on our most recent (see chart below) analysis 2 weeks ago: As the price is below both the 4H MA200 (orange trend-line) and the 4H MA50 (blue trend-line), we spot the completion of the Right Shoulder of a Head and Shoulders (H&S) pattern inside that Channel. We will not short however before the...
💬 Description: Today, the instrument is at the level of 87.45 and is most likely to prepare for a fall in the more medium term. But here it is necessary to take into account the geopolitical background, which greatly influences oil. Today, an idea is proposed, the time frames of which are within the day. Namely, long for the purpose of local updating of the...
💬 Description: Today, the Central Bank of Canada will announce its decision on interest rates. The rate is expected to remain at the same level. Against this background, we continue to adhere to our previous trading idea for USDCAD , namely to look up (look at the chart) . But most likely, there will be volatility during or after the meeting of the Central...
✅CRUDE OIL is making a Pullback from the horizontal Resistance of 86.00$ so I am Locally bearish biased and I will be expecting a Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
WTI Crude Oil formed a double bottom formation after a test of a solid rising trend line on a daily. Its neckline was broken this week. The broken neckline and a trend line compose a contracting demand zone now. A bullish continuation will be expected to 93.7 level from that. ❤️Please, support my work with like, thank you!❤️
Hello,Traders! USOIL is retesting a Horizontal resistance again At 86$ and we are already Seeing a bearish reaction So I think that we will see A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
HELLO TRADERS,,, As i can see this chart of USOIL it is moving same as we had predicted in our previous analysis Israeli & Gaza War Tensions are driving Gold and Oil prices in bullish trend and we can see a Wyckoff Pattern on the base of technical view the support is holding the price of oil and i am expecting it will boost to the upside for completing this...
✅CRUDE OIL has formed a Massive inclined H&S pattern And there is also one more H&S on the lower timeframes Inside the right shoulder So all signals point down Therefore, IF we see a Bearish breakout then That will be a signals for Us to go short on Oil SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Oil prices dropped over 2% as U.S. crude stockpiles rose, signaling weakened demand. Additionally, concerns about the global economic outlook led to a broader sell-off in equities. Brent crude futures fell by 2.2% to $88.13 a barrel, while U.S. West Texas Intermediate crude futures slid by 2.7% to $83.13 a barrel. These price declines were driven by a combination...
PMI readings (services and manufacturing are in an uptrend Stocks and Gold are in line with current PMI readings (e.g. services PMI) Commodities (WTI/Oil) and Crypto are lagging behind and may catch up to current PMI readings YoY%-Changes of all assets are shown in the following chart: Disclaimer: this is not investment advice. You are responsible for...
H1 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here.
WTI oil (USOUSD)is rising towards a breakout level and could potentially make a bullish move towards our take profit target. Entry: 86.519 Why we like it: There is an overlap resistance where a bullish breakout could occur Stop Loss: 84.135 Why we like it: There is a pullback support level Take Profit: 89.443 Why we like it: There is an overlap resistance that...
WTI Crude Oil is breaching at the moment the Rising Support of the last 3 months. The (1d) candle closing will determine in our opinion the short term direction, as on this level the momentum is neutral, with a Falling Resistance above and numerous Support levels to target if broken. Trading Plan: 1. Buy if the (1d) candle closes over the Rising Support. 2. Sell...
1- We all know that due to aftermath of the terror attack on Israel Crude Oil started going up reaching $90.00. It came back to $83.00 and it seems $83.00 is the market fair price, as of now. 2- However, as Europe and America going to into Winter mood price may go up. We all remember, that Ukraine - Russian war last year, created a lot of problem for European...
Preferred direction: SELL Comment: For oil, the previous trading idea also worked out perfectly and the instrument is now trading at the level of 86.62. Despite the general tense geopolitical background, the instrument is still considered for sell, and the purpose of the sale is gap closing. Presumably, this goal will be achieved within one trading week. ...