The analysis of USOIL (West Texas Intermediate) takes into account multiple factors influencing the current oil market. Geopolitical tensions: Growing tensions in Gaza and concerns about potential attacks from Iran in the Middle East are adding a risk premium to oil prices. These events could lead to disruptions in oil supply, increasing price volatility. Supply...
Dear Traders, i expect price will break 80$ sharp to target 86$ we had 4-5 Times Retest 79 Area ,seems finally break easy, Also we have fundamental News (Russian Sanctions List) Invalidation Level : 71.3 Target 1 : 80$ Target 2 : 85$ Target 3 : 89$ Dont Forget like&Comment please ! regards, Alireza!
👉 Clear Bull Flag Formed At The Chart And The Price Perfectly Bounced From The 68$ Support Area And Also There Is a Nice Breakout From The Trend Line, Its a Confirmation Of The New Bullish Move Toward a 115$ As a Short 🚨 170$ Is a Next Main Target And If This Scenario Happens It Means We Will Have a High Level Of Crisis Around The World
USoil uptrend already now smaller time frame bullish breakout happened 😳 ... another bullrun expected
Lately, there has been no shortage of chatter surrounding Crude Oil, and with that, also a lot of calls for a bottom. While I agree it appears to be late in the move to initiate new short positions (-57% decline since July), I don’t believe we have the type of price action supportive of a bottom yet. The price action the past couple of weeks has been uninspiring,...
As you can see, OIL is currently in an uptrend. The zones with the highest volume profile are indicated by red ray lines. I believe there is a further upside move on OIL.
OILUSD is ranging between its support and resistance.
A to B of ABC correction finished. B to C starts new.
After taking a rally the USOIL is in range. The Chart is marked with Support & Resistance level with Entry Point and TP mentioned.
Yesterday, EIA was good for shorts. The market rebounded quickly after falling. It is now near the resistance level (86.3-86.8). The indicators show that shorts have the advantage, so the transaction can be sold in the resistance range first. The support is 85.6-85.2, which can be used as the TP level. If it falls below the support, look at the 84.4-83.3...
hi we are monitoring for long term investment usoil its best pair for long term investment now its showing weekly time frame chart ascanding triangle pattren we have best buying opportunity around 67 for long term investment not for short term long term investors can hold for this buying opportunity for big targets upto 123 to 180 for more updates stay tuned...
📊 According to the upward movement momentum of the price, if the range of 86.5 units is broken and the price stabilizes above it, the price may increase up to the range of 87.5 units🎯, and in case of the strength of the range of 88.5 units🎯🎯. 📊 Otherwise, the price may fall to the range of 84.4 units.
After a bull run the consolidation suggest a retrace and a drop from the Liquidity area. The rejection from 4 hr setup backs the idea for a sell off
Today's focus: Oil Pattern – Continuation? Support – 85.38 Resistance – 87.37 Hi, traders; thanks for tuning in for today's update. Today, we are looking at oil on the daily. After a surge from the USD caught a lot of attention yesterday, we are watching oil after it rejected a push lower by sellers and continues to hold in a potential continuation type...
us oil intraday levels for today 11/04/2024 us oil trend is bullish
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from my last post seems oil hard to finding the support. there is probability after the EIA Annoucement and FOMC oil will go higher above my target. its aiming 88-90 . beware there is a chance to go 82-83 before (80 at last) before we go higher for this month. (please dont risk more than 2% in trade) watch your risk management. Good Luck. i try to always we...