The weekend was marred by rising tensions in the Middle East and between Russia and Ukraine, raising concerns about tight global supplies. The recent bullish trend of crude oil, the short-term correction is currently supported at the 80.8-80.5 support level As shown in the figure, today's callback can be mainly long. Strategy suggestion: You can buy long...
In yesterday’s article I shared with you my ideas for scenarios regarding oil movements. But what has happened recently with oil stocks? What movements can we expect in the case of the XOI in the near future? The answers to these questions appeared in yesterday's Oil Trading Alert. Today, I also share them with you. Have a nice read. The first thing that catches...
Based on my analysis, the WTI (West Texas Intermediate) market appears to be showing a bullish trend. This suggests that there is potential for a price increase in the near future. However, it is essential to note that the market can be volatile and subject to sudden shifts in sentiment, which could impact the outlook for WTI. Therefore, it is recommended that...
The crude oil was prompted in the intraday, and it went short directly, and now it has fallen sharply, and the friends who kept up with it made profits again, which is very beautiful! ! Keep up with the rhythm, in order not to get lost, please stay tuned, thank you!
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...
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...
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
In my previous Wti Oil analysis, I draw attention to the possibility of a double top formed above 120 with the neckline at the 92 zone. Oil has dropped under this support and confirmed this zone as new resistance. At this moment the price is also under 85 support and the road looks clear for continuation. The next obvious level of support is around 65 and as long...
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
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...
A month ago when WTI Oil was testing historic Highs due to the escalation of the Ukraine - Russia war, I called for the need to pull-back to the 1D MA50 (blue trend-line): That day turned out to be the market top (to this date) and Oil did pull-back to the 1D MA50. In fact after the first 1D MA50 test (and hold), the price rebounded but only managed to make a...
One of the biggest (if not the biggest) winner of the current war between Russian and Ukraine, is Oil. Energy crises are almost a certainty in times of geopolitical conflicts involving major producers. Even though it is tough predicting technically WTI prices while war is ongoing, charting past fractals could give an idea to where, at least the next consolidation...
As you see P&F chart on the right. USOIL is bullish . Price can reach 85.5-86.6 as our estimating targets. We'd like to see price going up to grab liquidity above previous highs. Now, we're still holding long positions. If we have a distribution, we can think about selling USOIL after that. If you find the article useful or interesting, Let's comment below...
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
Even though my firms thesis has been very bullish on WTI Oil long-term throughout the whole year, that doesn't stop me from spotting potential medium-term tops and technical corrections that only serve for sustaining the uptrend on the long-term. An example was my following idea on October 19: So far it appears that the price was indeed rejected on the...
After the stop hunt /HL around 61.65 ,Price returned to the old daily range 63.50-67 indicating it will continue to trade inside the range or an upside break out since the SSI is around 25% and every dip is bought strongly . Trend : Range Signal : Sell Limit 67.80-68.20 Stop Loss : 68.75 Target : 65-63.75
Pattern: Bullish megaphone on 4H. Signal: Buy once the price touches the 4H MA100 (green trend-line) again. Target: $69.00 (right below the 2.5 Fibonacci extension and on the Higher Highs trend-line of the Megaphone). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Pattern: Channel Up & Bullish Megaphone on 4H. Signal: Buy once contact is made again with the 4H MA50 (blue trend-line). Target: 60.00 (top of the Channel). Most recent WTI idea: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...