wti technical chart .. i hope price will react my level, montly as price can move below.
Pretty self explanatory. With the recent bearish wave in Oil and many other commodities, Oil has recovered it's bullish wedge and has began forming what looks like a H&S pattern. Severely oversold and battered on the 4hr, daily and weekly, Oil might just be making a come back. News aren't bullish at all and most traders are in short positions, this for me...
wti long postion as trade idea, swing trade from perviouse rejection, if it reach 25%fib level, or we see how it play out..
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Am going long on USOIL for 5.19RR... A clear breakout of the trendline and consequent retest......let's go!!!
Video Analysis. Includes Crypto BTC targets. Thinking we are in W5 now and will likely top around $112-$115 EOY.
The standoff over Russia's gas and oil exports escalated on Friday after Moscow promised to close its main gas supply pipeline to Germany and G7 countries announced plans for price caps on Russian oil exports aimed at squeezing Russia's war chest in Ukraine. This latest closure of the Nord Stream pipeline, which Russia says will last as long as it takes to make...
Taking a look at WTI from a multi time frame perspective. In the video we discuss key levels of support and resistance, the trend, price gaps and a possible short opportunity. As always everything explained in the video in detail, not financial advice.
Oil prices fell sharply on Wednesday (September 7th), slipping below levels seen before Russia's invasion of Ukraine as dismal Chinese trade data and growing fears of a global economic recession hurt fuel demand. West Texas Intermediate (WTI) oil futures for October delivery plunged US$4.94 or 5.7 percent. With lower prices this time it is a good opportunity to...
Hello GUYS THIS MY IDEA 💡ABOUT USOIL is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason...
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Buy WTI Crude Above 82.50 It will Bounce and Will See Close Above 85 Today and 87Near Term in a Day
Speculators and oil giants seized the moment to maximize their oil profits the past months. With a mixture of war fears, supply fears and the increased demand for crude oil after the Corone pandemic and bad supply chains, a broad panic wave had broken out. Let's have a short overview about the current situation: Europe's situation: With India and China...
wticousd continue down trend is down we will enter from supply zone for trade
Hello I think this explains everything. Plan your Buy/Sell accordingly. All the best.
We warned about the possibility of a downtrend correction in the middle of August 2022. Indeed, we said that the breakout above the sloping support/resistance would lead to such action. Then shortly after that, USOIL rose from its lows and broke above the resistance, halting its rise at 97.65 USD per barrel. Since then, the price fell back below the 90 USD price...
After the existing trend and the decrease in demand, oil has taken a downward trend and is waiting for Iran and 5+1 negotiations because OPEC intends to reduce production.
OPEC+ unexpectedly decided to cut output in October by 100,000 barrels a day. Emily Ashford (Standard Chartered analyst): “Last month’s adjustment provided a nod to the demands of the consumers, this monthly adjustment is a small nod to the concerns of the producers,” Deepening energy crisis in Europe after Russian energy giant Gazprom PJSC said gas flows along...