Oil has almost made contact today with the 50.55 1W Support after a very disappointing 8 red candle streak which has turned 1D bearish (RSI = 36.455, MACD = -0.740, Highs/Lows = -3.6829). We see this decline as the most optimal buy entry both on the medium and long term as despite 50.55 being a 4 month Support and strong buyer accumulation zone, the RSI is coming...
Hi Trader, I have share Crude Oil Intraday Trade Level. Take Profit - 15 - 100++ Pips Stop Loss - As per your risk profile. I need your support for my effort. . To Support - Like, Follow and Comment Thanks for your Support :) For Tomorrow Intraday View and Targets i want 20+ Likes. Trader can share your Ideas, feedback and suggestion in Comments...
We took our profit exactly last time Have good trade
Hi Trader, I have share Crude Oil Intraday Trade Level. Take Profit - 15 - 100++ Pips Stop Loss - As per your risk profile. I need your support for my effort. . To Support - Like, Follow and Comment Thanks for your Support :) For Tomorrow Intraday View and Targets i want 20+ Likes. Trader can share your Ideas, feedback and suggestion in Comments...
Hi Trader, I have share Crude Oil Intraday Trade Level. Take Profit - 15 - 100++ Pips Stop Loss - As per your risk profile. I need your support for my effort. . To Support - Like, Follow and Comment Thanks for your Support :) For Tomorrow Intraday View and Targets i want 20+ Likes. Trader can share your Ideas, feedback and suggestion in Comments...
We expect the EIA United States Crude Oil Stocks will be -2.782, the previous was -6.912 M. Increase of US crude oil stocks can indicate a decrease in demand for crude oil or increase in production. Such an increase negatively affects global oils prices, though it is a short-term effect. In the other hand, The price should fill the gap after the Aramco...
USOIL tested support at 56.33 price level. MACD below zero line and RSI bellow 50 points, together bearish sign. Next strong support at 54.8$. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Following the abnormal +10% move after the Saudi Oil facilities attack, the price is starting to consolidate, looking for new levels as Supports to attract buyers. In doing so, it has formed a Channel Up on 1D (RSI = 55.181, MACD = 0.790, Highs/Lows = 0.5164) which by those readings we understand that it is close to its Higher Low zone. At the moment it has...
WTI has made a jump to the upside over the weekend due to the news development in the middle east. After that the Saudis announced that 70% of the damaged has been restored WTI has come back down. Now we have reached a support zone (blue area) this zone could be used to a speculative long swing.
Hi Guys Last night I warned "DO NOT HURRY YO BUY" because the channel 54-56 and the black trend line Less than 24 hours you see Why I told you that. Any way I suggest you if you bought, please set your SL at your entry point or at 53$ My reasons: 1- The Price could test the last down trend line (Yellow). The uptrending channel (Blue) is not sure yet. 2- The...
For observation purposes only. Looking for further drop in market before we get back to an upswing. Trade at your own risk...
Hi, The red box marks a strong resistance area, it consists of: 1. The trendline since 2018 2. The round number 60 3. 3x AB=CD 4. Fibonacci Extension 5. Channel projection 6. 2017 High 7. Recently worked resistance area 8. Weekly EMA200 9. Monthly EMA50 10*. Wait for a bearish candlestick pattern around the red area. Regards, Vaido
Welcome to this beautiful Monday morning! Today i have a nice USOIL trade setup for you guys. In the last two weeks i already made some good profits on Oil. Now we are looking for another short scenario on the long run. I think sooner or later we will see Oil below the 50.00 level. Wishing everyone a great trading week and a lot of success!
Oil has broken above the 1W Descending Triangle (RSI = 51.237, ADX = 25.508, Highs/Lows = 0.0000) yesterday. This development, coupled with the break-out above the 0.618 Fibonacci retracement level on 1D (RSI = 57.737, MACD = 0.270, Highs/Lows = 1.1179) indicate a strong potential for a long term trend shift to bullish. 61.00 is the next Resistance to test and it...
Brent Crude oil, USDRUB hedged is at key support around 3,700 RUB per barrel, as little far above 5 YR average.
Oil has been trading on a 4H Descending Triangle (RSI = 32.603, MACD = -0.400, Highs/Lows = -1.0093) with symmetrical Lower Highs (red arrows) and a clear 53.00 - 52.90 Support Zone. Since mid August every Golden Cross formation marked an upcoming Top (Lower High) while every Death Cross marked an upcoming Bottom (4H Support test). The price just made contact...
USOIL buyers look strong. Are the want reach 60? May be. I will look only for long positions. I want to see pullback to 55,26. As usually I need high volume. If I open trade, I will write about it with Enter point, SL and TP. Write comments, write private messages if you need. Also, subscribe to my channels on YouTube and Telegram named as USOIL WTI.
Hi Trader, I have share Crude Oil Intraday Trade Level. Take Profit - 15 - 100++ Pips Stop Loss - As per your risk profile. I need your support for my effort. . To Support - Like, Follow and Comment Thanks for your Support :) For Tomorrow Intraday View and Targets i want 20+ Likes. Trader can share your Ideas, feedback and suggestion in Comments...