The price of Crude Oil just keeps rocketing with no stop in sight😍 Oil is up 25% from our POI & the best thing is, we're only at the start of the bull run😂 We've completed Wave I & now seeing a retracement (Wave II) for new buyers to get into the market at a discount.
Dear Colleagues, I expect that the price is in an uptrend despite the decline in recent days. I believe that the price will rise quite high to the level of the maximum of the 3rd wave 91.00-92.00 . Now I see the nearest target in the resistance area at 87.89. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
✅CRUDE OIL has made a rebound From the rising support while Trading in a long-term uptrend So I am bullish biased and I will Be expecting bullish continuation LONG🚀 ✅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...
With crude oil got rejected at 92, price has surged high and attempting to rise to seller's level above 90. Will price get rejected at this level or crude oil price will cruise above it to make a new high? N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you -...
hello guys... as you can see on the upper time frame usoil made a classic pattern! on the other hand, the price seems to start an upward movement from the light orange area! please put your stop loss behind the specific area. _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I...
What a pump on WTI Crude Oil. Following the geopolitical tensions, the market bounced nicely on Friday. Ahead I see a strong daily resistance: 88.4 - 88.6 area is the last resort for the sellers. If the price breaks and closes above that on a daily next week, it will be a strong bullish signal for you. You can anticipate a bullish continuation all the way up...
Hello traders , on daily TF USOIL has formed a double bottom reversal pattern and broke its neckline. and also because the tension in the middle east and the current dollar economic situation we might see a bullish move from the neckline maybe back to the 93 level. trade safe !
WTI Crude Oil hit twice the Rising Support and today is having the strongest green (1d) candle in 5 months. This is a buy signal assuming the line holds. Trading Plan: 1. Buy on the current market price. 2. Sell if the price closes a (1d) candle under the Rising Support. Targets: 1. 95.00 (Resistance 1). 2. 78.00 (little over Support 2). Tips: 1. The RSI (1d)...
hello dear trader wti ready dor next move and there are 2 number on this chart wti can test PRZ ( fibou extention 1.618 + strong resistance) on 102 near 103 stop loss need for any position goood luck
This video provides an in-depth analysis of USOIL (WTI Brent also applicable). On the weekly chart, we observe a bullish trend that has undergone a significant correction to key support levels. The weekly chart indicates that the overall bias is still bullish, but the daily chart shows a bearish market structure break. A bearish trend has not fully established...
💬 Description: Oil quotes have been holding by buyers at current levels after the gap. The reason for the formation of the gap was the aggravated geopolitical situation in the Middle East. It should be noted that buyers even "overplaying", but there is no result, no growth is observed. In addition, it was no coincidence that the price hovered at the local...
Over the weekend, a new conflict broke out in the Middle East after Hamas, a designated terrorist organization, initiated an assault on Israel. This attack is already roiling the oil market, which saw oil prices rise more than 5% after the futures market opened. However, it is possible the impact has not been fully felt yet, considering the potential for further...
I've been watching oil closely for the last two months. I would like to say that oil is a trending instrument, we started the decline from 95$ per barrel and fell quite rapidly until the conflict in the Middle East. all news resources said that oil rose in price on the background of this news. Technically, I was waiting for this upward correction. But if the war...
Dear Colleagues, The price continued downward further than I thought it would. I believe that wave C may reach the support area of 81.94, then I expect the price to rise. The nearest target is the resistance area at 87.89. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
WTI Crude Oil has completed the short term bounce we warned you of last week and the technical outlook remains neutral on the 1D timeframe (RSI = 52.922, MACD = -38.990, ADX = 32.850). The 4H timeframe is close to a Death Cross, the first one since May 3rd and that can form the LH at the top of a Channel Down. Our target remains the 1W MA50-1D MA50-S1 level (TP =...
🛢️ CRUDE Oil! ⛽Price rebounds from $83 to $88 amid Middle East tensions and oil supply threats. 🌍 Geopolitical risks loom large; brace for a potential breakout!
WTI oil (USOUSD) is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 84.664 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement level Stop Loss: 81.674 Why we like it: There is a pullback support level that aligns with the 78.6% Fibonacci...