Oil prices rose slightly during the European session as Saudi Aramco delayed plans to increase production from 12 million barrels per day to 13 million barrels per day by 2027. WTI crude oil recovered after falling sharply during the U.S. trading session, hitting an intraday low of $76.77. Crude oil is currently recovering and repairing. You can sell high and...
Brent oil is on a very strong horizontal line and we have very important data for oil, so we expect the data to appear negative for oil and begin to decline from 83.30 to 83.80, and the target will be at $81.
Hello,Friends!
Bearish trend on USOIL, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 77.74.
✅LIKE AND COMMENT MY IDEAS✅
WTI Crude Oil Technical Analysis
Crude oil maintains its bearish trend after weaker US data beat. what next
Crude oil continues to decline for now amid weaker US data and a break above the $80 level.
On the supply side, nothing has changed as tensions in the Red Sea remain and OPEC+'s extension of voluntary production cuts into the second quarter did not boost...
Hey there on Usoil 1h looking for bullish candle and also way to return their previous sell side have touch but now it's a bullish candle tp make upside
WTI oil (XTI/USD) is falling towards a pullback support level at 75.89 that aligns close to the 50.0% Fibonacci retracement level which has been identified as a pivot point. Could price bounce off this level and potentially climb higher towards the 1st resistance?
Pivot: 75.89
Support: 73.45
Resistance: 80.79
Risk Warning:
Trading Forex and CFDs carries a...
I have an idea of risky short on USOIL , u see USOIL trading in rising channel. But in channel i see local trendline (mostly visible on H1 chart) broken. I think it will go touch downside of channel.
USOIL forming symetrical tryangle, mentioned sell area from the upper area of trendline.
support area also mentioned.
wait for proper breakout.
buy from support area.
sell from trendline area.
Crude oil market analysis
Everyone look at our analysis yesterday, crude oil is the planned 78.50 near the empty, yesterday twice in 78.50 below have been suppressed down, crude oil 78.50 is a suppressed platform, today's first touch or can be empty, crude oil to see shocks, long and short can be on, such shocks need to follow its rhythm, crude oil bears more...
if the volume holds like this on Oil. I will look to buy it on the next candle. this is a regular CPR entry with an additional confirmation of footprint
Hello trader' what do you think about usoil
1. **Initial Analysis**: You mentioned a strong buy signal for Usoil to reach higher highs, but it has since broken and rejected the area around 79.90 and 80.00.
2. **Resistance and Support Zones**: Currently, you're observing the market testing resistance zones at 79.80 and 80.20. If these levels hold, the market may...
This Weekly FORECAST
Opportunity for USOIL. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
My dear friends,
My technical analysis for USOIL is below:
The market is trading on 77.78 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 78.63
Recommended Stop Loss - 77.29
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used...
