WTI OIL UPTREND TO 110 Disclaimer: I am not a financial advisor nor am I telling you what to do with your capital. I am simply stating my thoughts on the financial markets. Take what I say with caution and do your own research. The financial markets are risky and should be treated as such. You are 100% responsible for all of your actions within these...
Dear Friends This Week i See WTI chart bullish so for First Postion I suggest Take Long Postion As Described in Picture Risk:Riward=1:3 Free 80% Cash and Move SL To Last 1H Swing Low
As expected price broken down the wedge which is a reaction of 618 retracement of the downside movement. This will potentially create an impulse move to the downside when price retrace a little bit up and unable to break the resistance. However, it's also in its crucial area as it rejected in SMA(20). Buy Oil when price breaks up the resistance / the last swing high
We haven't looked into WTI Oil recently, the last post I made was on March 08, calling what I thought at the time as the medium-term peak: The price did eventually pull-back to the 1D MA50 (blue trend-line) and rebounded as it constitutes the medium-term Support, following the March 2021 sequence. On a much larger scale though, and since the war isn't over...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Hi there. Price is moving impulsively to the downside. Wait for the price to complete the continuation pattern that its forming and watch strong price action for sell.
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
WTI oil rose to as high as 129.98 USD on 7th March 2022. However, today USOIL fell to as low as 115.51 USD. Currently, the price of USOIL trades around 170 USD price tag. We remain bullish on oil as we expect bullish factors to persist for a while longer. However, we also remain very cautious as we think any progress in peace talks between Russia and Ukraine could...
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
sell wtiusd (crude oil) short at 125 tp1 120 tp2 114 tp3 110 sl 130
historic falls of oil shows 77% before the next rally. we might be at the end of it. current drop is 77% from near top. also to notice this is making massive falling wedge, for this to be reality. oil has to close above 20$ on weekly chart. which is most possibly as looking at shorts are very high. short squeez is immanent.
2008 was the last time US crude oil saw prices above $113 . Using the monthly chart and the Fib retracement fan, I am expecting oil to continue onto the price $120 at minimum with a resistance of $148 or 0 on the Fib scale.
Please don't risk more than 1% of your total equity. Trade Safe!!
Since WTI Oil broke the former two Resistance levels (74.15 and 77.00), the price turned parabolic outside the Channel Up that dominated most of the price action in September. There seems to be a Buy/ Support Zone consisting of the 4H MA50 (blue trend-line) and the 4H MA100 (green trend-line) and a Resistance Zone on the RSI Higher Highs trend-line. Technically...
WTI crude oil prices remain on the front foot at around $91.45, up 1.30% intraday while consolidating the first weekly loss in nine during Monday’s Asian session. Although fears among the energy bulls could be spotted as the key catalyst for the black gold’s first weekly loss in multiple weeks, geopolitical noise surrounding Russia and Ukraine joins the OPEC+...
Since the dramatic drop May 2020, USOil is in the bullish momentum. It has been in this bullish channel and whenever we touch this trendline, we got reaction. I expect further drop upcoming weeks due to agreement of US and Iran as well. However, markets did not react yesterday. I am betting on a short position, i will go for BE if we reach 88usd, also i am looking...
For the fifth week running, WTI Crude Oil made its highest weekly close in 7 years last week and printed a relatively large bullish candlestick which looks healthy, closing very close to the high of its price range. This suggests a further rise to come, with the price perhaps being boosted by fears of war between Russia and Ukraine. There are bullish signs, and I...