hey traders we had this move befor and its already Done what u think about the nxt move ? if price can break up the bearish channel and stabilize above the 78.51$ which is 0.5 Fib, there s high chance we go back to the 95$ Also ichi confirmed this move in 1H 2H and 4H TF break up is important
USOIL bought then consolidated created a false break out to the down side and went up(accumulation, manipulation, distribution, etc.). We still in strong bulls for USOIL FOREXCOM:USOIL FX:USOIL TVC:DXY . This is only a trade idea, use risk management. Happy trading
On a today's live stream, we spotted a very bullish pattern on WTI Crude Oil: inverted head and shoulders formation after a test of a key horizontal support. We see a confirmed neckline breakout of the pattern. It increases the probabilities that the market will go up now. Target - 84.5 ❤️Please, support my work with like, thank you!❤️
Today's content all points are 2406 US crude oil contract points, because the US crude oil has changed the main contract to 2406 contract, yesterday's market as a whole is basically in accordance with our analysis of the forecast to go, that is, down, the market rose to 84.75 US dollars began to fall all the way to the current lowest point of 82.01 US dollars....
1 Week after the beggining of conflict between Israel and Iran in the middle east, Crude Oil is down 3.66%. Price began trending down all week and then on Thursday there was news of a bombing by Israel which caused a spike in Oil(3.5). This whole move was corrected and we are back to being down on the week. This opposes what I believed may play out this week as my...
Hey traders! 📈 Today, let's dive into an analysis of WTI crude oil, which is currently priced at $81.40. 🔍 Technical Analysis Overview: WTI has landed in an intriguing spot on the charts, sitting at the lower end of the golden pocket and showing signs of divergence. This convergence of technical indicators suggests a potential bullish move on the horizon. 📊...
✅CRUDE OIL has retested a key support level of 80.50$ And as the price is already making a bullish rebound A move up to retest the supply level above at 83.00$ is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
WTI oil (XTI/USD) could fall towards the pivot which has been identified as an overlap support. Could this commodity potentially bounce off this level to climb towards the 1st resistance? Pivot: 80.96 1st Support: 76.53 1st Resistance: 87.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...
Crude Oil - Trend Reversal - Forcasting to Price 73.821 - Crude Oil forming Head and Shoulder Pattern. Currently Right shoulder is not confirmed wait for its formation.
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 80.47 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 78.80 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is...
Israel retaliated against Iran overnight, which saw the price of WTI crude oil jump nearly 4.5% before giving up some of its gains. Per media reports, three large explosions were heard in the country's south, and the U.S. official announced Israel successfully hit some of the targets, something Iran was quick to deny. Without regard for damages, it is already...
hello Traders, hoping all are enjoying your days here. The price of the crude oil surged to the uptrend now and its time to pullback to reach 87$. I will go through in the Bullish if the price doesn't break 80$ lower level. If the price goes down little bit I will wait for this opportunity to go through in the bullish. I am looking my first target near 82.90...
The crude oil market is as expected. The Asian and European markets are falling. The US market continues to be optimistic about the bulls. The market has tested as low as 80.7. Our stop loss is placed at 80.5. The US market still maintains low and long positions. The lower defense is placed at 80.5. The target is first. See if 82.5 breaks. If it breaks 82.5, it...
📊 According to the upward movement momentum of the price, if the range of 83.20 units is broken and the price stabilizes above it, the price may increase to the range of 84.00 units🎯, and in case of strength, the range of 85.00 units🎯🎯. 📊 Otherwise, the price may drop to the range of 82.00 units.
Could this be the next BULL RUN for USOIL? Based on what price action is showing, the market is testing a strong major structure. The market is still bullish on Weekly TF. We could probably see an uptrend movement by this week. Let's see how this will play out. Feel free to share your ideas
#Oil #WTI. Indeed, after some rekindling, I was able to reassess the previously green scenario as the most probable. Now I've labeled it in black. The chart could be indicating that a disaster is imminent.
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 81.04 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 80.00 which is a level that lies underneath a pullback support. Take profit is at 84.47 which is an overlap resistance. High...
Based on the last post we can take this position for oil short term