WTI Update, is running in great profit SL is is profit and trade is being monitored.
There is a bearish cycle on the 15-minute timeframe. The price approaches the order block of the last bearish momentum and provides an opportunity for shorts. If the price bounces off this order block and shows a reversal, you can go short. If the price rises above the block order and the candle body closes higher, this will be a signal for a reversal into the...
According to the formed pattern, it can be expected that with Kendley's confirmation, she entered the short trade in this range for the specified purposes.
Due to OPEC+ production cuts, I expect upward pressure on WTI prices. However, this might change slightly after Q1 ends. Beyond the technicals, the voluntary cuts are not expected to extend into Q2, at least they haven't been announced by OPEC+ yet. Take Profit at $75
We notice that we have a change in trend for the 15-minute frame, and for the daily frame it is a correction to the downside. We are waiting for the buying momentum to weaken to sell in the long term.
Long closed.. Short from 76.20 Tp 71.70..Good Luck and safe trade 👍
Bullish indications: Bullish bat pattern. Inverted head and shoulder pattern from support. Bullish divergence . Trend line support respected in day time frame. Morning star candle in day time frame. Trade plan bias long @ 73.36 SL:72.32 TP1:74.39 TP2:74.95
USOIL Buy at HL (also 0.786 FIB , trendline support intact) SL , TP mention in chart
In the daily time frame, the price is in the ascending channel. By examining the lower time frames, we see that the price reacted well to the bottom of the channel. Therefore, the expectation of price growth to the specified range is not unexpected.
WTICO/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down on the one hour chart followed by a tight two touch fifteen minute flag and then I'll filter the latter on the five minute chart and be looking to get short with either a risk entry within it if the...
All SMA 50,100, 200 are located at the same point, a very rare occurency I think price will react with a strong direction I suppose upside because of channelup but i cannot bet on it
USOIL is in the downtrend making lower lows & lower highs. Now the market is presenting an entry to capitalize on the bearish move.
Usoil long term Analysis Usoil is almost done with corrective movements, we are expecting an Impulse with a very volatile movement. My analysis are done using Elliott Wave from daily to hour time frame.
WTI is running nicely. SL is in profit and price action is being monitored.
This is my idea try and enjoy use small SL for big profit thanks oil me panga wesy changa nahi hota mujhe forex se out oil ne kiya
Previous week’s red candle means that for us the USOIL pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 75.17.
Dear Colleagues. The price has shown strong momentum. In the coming week I assume that the price will start an upward movement, as a result of which I expect the price in the area of 50% Fibonacci level 74.32. Last week's strong movement makes us re-draw the waves, but for this the price should make a correction to our target. Manage your capital correctly and...
WTI Oil (USOIL) gave us one of the best bullish break-out signals two weeks ago (see chart below): Since almost touching the 79.75 Resistance, the price pulled back significantly and hit (even marginally breached but never closed) the bottom of the 2-month Channel Up. With the 4H RSI making a Bullish Cross, which was the absolute Buy Signal on the previous...