Oil is having a strong resistance at 74.00 so the prime target will remain same, while if it cross this level then it may test 75.00 or 76.00 as well
Crude oil price is correcting gains and might decline toward the $68.85 support. Important Takeaways for Oil Prices Analysis Today · Crude oil prices are also moving lower below $72.00 and $71.50 levels. · There was a break below a major bullish trend line with support near $73.00 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the...
HI people welcome to Team Decrypters Forecast / Plan For OIL :- We Are expecting Retracement for the oil to Fill GAP and Even go Lower And After we expect Higher prices --we are bullish until the objective is completed --We are expecting than to DROP in OIL prices ( in 2-4 MONTHS) Which co incised with "OURS IDEA OF" "US Recession" /"Stagflation" The...
Hi People Welcome To Team Decrypters Previously We Told you A range break out manipulation Move and trend toward Upside will continue It played out Exactly FOR NOW A Decent opportunity To Short USOIL A Main Key Resistance level is Approaching Personal Opinion :- WE THINK OVER ALL OIL is Bullish , But short term retracement is Due For sure SIDE NOTE...
We hold this trade almost a week, and catch 1100 pips! at this moment, oil expect move a little down then keep to go up but at this moment, the candle is not closed yet at the daily timeframe once the candle is closed above the falling wedge, it may toward to 90 level Let's be patient and wait the price retrace.
USOIL may formed falling wedge at daily timeframe If the price breaks the falling wedge, expect to has a pullback then move up to the expected target arround 90 level We need to focus on the top of wedge and observe how the price working. It's a very long trades, hope you guys catch and enjoy profit and have a nice weekend.
Crude oil price is declining and remains at a risk of more losses below $70. Important Takeaways for Oil · Crude oil price started a fresh decline below the $70.50 support zone. · There was a break below a rising channel with support near $70.40 on the hourly chart of XTI/USD. Oil Price Technical Analysis Crude oil price also started a fresh decline from...
HI TO ALL THIS IS AHMAD DOIN TRADING FROM LAST 9 YEARS AND GIVING TEACHING FROM LAST 3 YEARS AND THIS IS GOOD AND PERFECT ANALYSIS this is specially to my friend *** FRAZ *** THIS IS 16 march 2023 crude oil
I was anticipating a buy position on oil but it failed to break 82 dollar region where I plotted a minor zone. it has come down to break a very strong support, I'm watching out for weekly candle close and a retest to that zone it broke out from then I will be looking out for sells opportunity on 4hr Time frame.
Previous low near to the large 88.6% fibonacci level. Looking for a pullback from 70.25 with a 150 pip tp, if 69.82 is breached then the idea is no longer valid.
Crude oil price is declining and remains at a risk of more losses below $75. Important Takeaways for Oil · Crude oil price started a fresh decline below the $80 support zone. · There is a major bearish trend line forming with resistance near $76.65 on the hourly chart of XTI/USD. Oil Price Technical Analysis Crude oil price also started a fresh decline...
Hello traders you can sell XTIUSD : 76~77 TP1: 75 TP2: 74 SL: 78
Crude oil price is attempting a recovery wave above the $75.50 resistance zone. Important Takeaways for Gold and Oil · Crude oil price started a fresh increase from the $73.75 support zone. · There was a break above a major bearish trend line with resistance near $75.70 on the hourly chart of XTI/USD. Oil Price Technical Analysis Crude oil price also...
From last weeks market expected a sell on Xtiusd. Price formed a range between$ 80.1 and $77. Looking forward to a strong sell on XTIUSD to continue the 4H candle on Friday 3rd feb, during the NY session. A strong bearish/ bullish candle always has a momentum it follows. NB: a complete reversal off my rejection zone ( Red Box)
Oil prices fell below US$81 after surging more than 8 percent last week. Although Moscow will reduce supply by half a million barrels per day by March 2023 due to tightening flows, investors remain wary that the Federal Reserve needs to continue pushing interest rates higher to tame inflation. The Fed's push has weighed on the appetite for riskier assets including...
hallo traders what do you think about xtiusd ? are we going to change direction or continue with the down trend ?
Crude oil price is facing a strong resistance near the $79 zone and might correct lower. Important Takeaways for Oil · Crude oil price started a fresh increase from the $72.50 support zone. · There is a connecting trend line forming with resistance near $79.10 on the hourly chart of XTI/USD. Oil Price Technical Analysis Crude oil price also started a fresh...
USOIL is expected to be sideways within the ascending triangle area. The price has a possibility to reach the resistance area of the 8th touch. Breakout or rebound scenarios can occur at the touch point of the trendline, but if the price turns out to be a breakout from the support/resistance area. a big trend will likely occur. The existence of horizontal support...