The trend is bearish in the short term, but in the long run it is upward. SELL for short term. BUY for long term.
Crude oil has experienced two consecutive weeks of range-bound volatility. Attempts to break above resistance failed. The shortage of crude oil in the market is also constantly easing, limiting the upward range of oil prices and reducing investors' willingness to chase increases. The current low inventory situation will also limit the room for correction of oil...
USOIL is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level. If the sell momentum continues the next target could be 80 followed by 79 region. What you guys think of this idea? Don't forget to share your idea.
USOIL Oil declines, recording monthly losses in October Oil prices fell during trading as concerns about supply disruption due to the conflict in the Middle East decreased, and due to data showing increased production from OPEC countries and the United States. now the price trading under 81.58 so as long as trading under that line will be fall to get...
Usoil Sell Zone limit 83.600 - 83.880 SL - 84.180 Tp 1 : 30 pips TP 2 : 60 pips Tp 3 : Open Remember: We will have to enter direct with layering in zone ✅ 1st limit start of zone 2nd limit mid of zone 3rd limit end of zone We’ll have to count 30 pips that will be our TP1 from the latest layer that is being activated
Crude oil will test 78 $ level. Due to the war it’s is very slow down ward movement.
A very, very strong deal on temporary oil is in front of you. You are in a very pivotal area with a nearby stop And two goals, either buy or sell...You have to sell with a profit of 700 points, with a stop profit of only 120 points if the day’s candle closes above the 89,600 level. If the stop is hit, there will be a confirmed purchase target, God willing, with...
WTI oil (USOIL) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 83.014 which is a pullback support level. Stop loss is at 81.200 which is a level that sits under a swing-low support level. Take profit is at 86.456 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. ...
Hello Traders! I touch on USOIL in second half for a bearish example.
💵Pair Name :USOIL Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( 🔽 Short ) Type : Mid Term Swing —————————— ☑️Bearish...
the turqouise line is where my speculation is headed tp1-$95 tp2-$100 pyramids at red and purple that said double bottom driving price higher if you look closer to the past 3 resistance they keep making lower highs yes there was a BoS but market is holding the uptrend so im convinced
Support 1 for oil us at US$77.21/bbl. This align with a low and a Fibonacci Retracement.The next support is at US$67.94/bbl. I don't expect oil to reach this low especially with these wars occurring.
Oil prices dropped $1 a barrel on Monday as investors await the outcome of the Federal Reserve policy meeting and China's manufacturing data and the market is cautious due to concerns about an economic slowdown that could impact fuel demand. Despite the ongoing conflict in the Middle East, oil prices retreated as concerns over the potential for Israel’s ground...
from what my analysis is saying oil might drop from the white zone that is if it should break below my zones, I will be expecting more drop.
When the price reaches the PRZ you can buy oil and your tp will be the blue and green lines on right side
USOIL now the price moving between 83.11 and 81.58 , so if the price rise and reaching 183.11 and stable above it , thus will be bullish trend to get 84.66 which is strong resistance line . but otherwise, dropping price till 81.58 and stable under it will be bearish trend to get 80.78
stoplose : 83.36 entry : 82.73 tp 1 : 80.75 note: now the price go to finish wave y note :any help or question just send write comment to help you Note: for new followers after follow me cheek your inbox in trading view i will send message welcome and surprise like and follow our profile for more signal forex for free and good luck