Hello Everyone,
Brent represents a comprehensive buy opportunity at this particular juncture, with further potential upside anticipated in the near future!
TradeWithTheTrend3344
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Today's callback continues to be dominated by lows and longs.
as the picture shows;
In the short term, let’s look at the adjustment first. The support level below is near 83. You can buy long at this position, and the upper target is around 85-85.6. In trading, you can go short first and then go long, and the long position is the...
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as the picture shows:
The short-term support level below is 81-80.8, where you can buy long positions, and the pressure target level above is around 83-84.
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TVC:USOIL #Usoil #commodities
USOIL is struggling to break through the resistance 😫
Momentum now seems to favor the bears🐻
If the support line breaks down then price heading towards $73🎯 which is the wedge support line
USOIL is struggling to break through the resistance and further rejection could send price back to Fib support price of $79.
If we breakthrough the resistance then upside price target of $89. After that we can go as high as $96.
Momentum now seems to favor the bears🐻
If the support line breaks down then price heading towards $73🎯 which is the wedge support line
Crude oil has emphasized that it will continue to rise, and falling is a buying opportunity. The upper target is focused on 88-90 US dollars.
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Oil prices have experienced a volatile period in recent months, with concerns about global economic growth and geopolitical tensions battling it out with signs of a tightening physical market. However, for investors with a long-term perspective, recent developments suggest a potential bull run for oil, making it an attractive asset to consider.
Here's a deeper...
Dear Oil Robbers/Traders,
This is our master plan to Heist Bullish side of OIL Barrels based on Thief Trading style Analysis. My dear Robbers U can enter at the any point above my entered area, Our target is Dangerous Red Zone its Strong Resistance Zone. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be...
USOIL
Looks like this is a bearish connective wave completing here and it will have another wave down.
It just printed a Shooting Star shakeout through the very long term trendline which also a 0.5 retracement; that is a very common continuation ratio in moderate corrective trends.
If it can get to the 1.13 overshoot ratio of the 1:1 extension then it can hit...
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 Technical Analysis
Daily resistance is 85.7, support below is 83.4-80
Four-hour resistance is 85.5-85.7, and support below is 83.4-82.5
Crude oil operation advice: Yesterday's volatile market ushered in a deep v bottoming and rebounded. The Asian and European market prices were under pressure and fell back to the 83.3 mark. The US market stepped down...
The WTI (West Texas Intermediate) crude oil market has shown resilience, staging a recovery subsequent to a pullback retracing between the key Fibonacci levels of 50% to 61.8% from the preceding major swing. Notably, the current price action exhibits a divergence pattern, notably intersecting with the levels of prior support. Moreover, a discernible confirmation...
USOUSD is in a correction period. The price has an opportunity to retest the 81.12 and 80.05 support zones. If the price cannot break through the 80.05 level, there is a chance that the price will rebound. Consider buying a red zone.
>>GooD Luck 😊
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tention in middle east is aggresively getting stronger.
unfortunately monthly candle became very stable to keep the price high.
most of commodities and equitites went all time high.
So does oil will go for alltime high level of 200 dollar target in end of this year.
Dear Colleagues, at the moment the price has made a strong downward movement. I suppose that the price is in wave "4" and can continue its movement to the support area of 80.22, but I consider only long positions, because the price can make a reversal at once. I recommend to work with pending orders.
The nearest target is the resistance area at 87.47.
Manage...
