after a long sell on oil, XTI formed a double bottom between 5th and 17th August.....finally i'm expecting a bull run on XTIISD...int0 $96 per barrel!!! There's a possibility for a price rejection at $94.2 NB: red box: rejection zone blue box: breakout zone
USOIL, Crude oil will boost up from range. Trade moved in three directions according to our previous analysis. now new wave will be up from range 88-73 back towards new highest level of history. We are consistent with our previous analysis. We publish precise and compact information after careful consideration which give you quick glimpse for comparative...
TF 1 DAY Xtiusd oil Short around 105-107 For the target area of Tp1 100 Tp2 98 Tp3 96 Double Top Neck Line Breakout at 92 Next levels are 90 - 88 - 85 - 82 - 80 - 76
USDWTI H4 We are almost reaching the end of this trading setup, eventual target was, or is... $84.50/barrel. This ties in nicely with our D1 S/R zone as indicated on the video analysis above. Interested to see where we go from here.
Today the market released US Building Permits data as mentioned yesterday (Actual: 1.674M Forecast: 1.650M Previous:1.696M), this showed a bullish sentiment in relation to the expected data, but in regards to the previous data from June this data was bearish for the greenback as the value was less, less building permits means less construction starts and less...
USDWTI H4 Bearish trend on this setup has really started to take off, good end to the week, but the start of the week has really picked up where we had left off. Ideally want to see a close below $87/b today or tomorrow, this would really turn the tables on the LTF and help us seek the next lower low leg. With short term targets of $84/b.
USDWTI D1 Pretty much everything we are scouting out is on this higher timeframe, really trying to understand market bias and direction (USD bull continuations expected) before diving into the LTF entries (H4/H1). Nice area of D1 supply and S/R here on WTI. Targets of $85/b with a little over $2/b stops gives us over 4R potential.
Wti is showing us a good reversal from 87 levels targeting at least 150 to 180$/barrels.
The United States posted an increase in inventories of 5.5 million barrels in the past week. The realization was higher than the expected 73,000 barrels. Gasoline products supplied also rose in the last week to 9.1 million barrels per day. The figure marks a 6% decline in demand over the last four weeks compared to the period last year. From a fundamental point...
Will test green support and go up. go up Disclaimer: Not financial advice. For educational purposes only.
Oil remains in the range of $95.80 - $107.80. The probability of price growth is high. In the near future, I expect the area of $99 - $102.50, then the level of $107 looks good. In the longer term, oil could rise to ~$115. Good luck!!!
BEARISH TREND CONTINUES LH , LL formations Price took rejection from 61.80 % FIB level, along with the Trendline, acting as Resistance. Currently, price is getting rejected from 78.60 % FIB and Hourly Resistance. In this process, a LL, and LH are created Bearish Engulfing found at LH Strong Daily support lies below, if it is broken, a short entry will be taken.
Short Call! SKILLING:XTIUSD Hello! The potential support zone broke! Trail your SL along the way! Your feedback would be appreciated! Best of Luck!
Crude oil has broken its rising support and now in bearish trend. We can take short position at this stage as bearish candles are also formed.
Crude Oil is trading on a crucial support near 93 region. If this support is broken next supports are 84 and 76 respectively. There might not be a sudden break its price might distribute here for some time.
USOIL/ US Crude has been pulling back to our resistance. We will first catch the bullish move on the hourly timeframe and wait for aa bearish confirmation once our ABCD pattern is complete. Once we have the confirmation, we will short the XTIUSD. Please sharee your thoughts. Disclaimer NASDAQ Guru offers general trading signals that does not take into...
Oil prices rose for the second day in a row, Tuesday (26/7). Amid growing concerns about tightening European supplies after Russia, a major energy supplier is cutting gas supplies via a main pipeline. The European Union has repeatedly accused Russia of using energy blackmail. The Kremlin said the shortage had been caused by maintenance issues and Western...
Short Call! SKILLING:XTIUSD Hey Traders! Significant Trend Line! LHs and LLs Patterns formed! Application of Dow Theory! AB=CD Pattern Projection!