Possible Trend Reversal Making new LL and LH Parallel Descending Channel
Despite recent OPEC+ agreement, oil prices look like it will not make them bullish for long. Long-term forcast - it's going down. Right now there is a possibility for short-term pullback.
This how i think USOIL will develop in next months. I assume that peak will be in March 2023, time to sell for bulls. However this is pure technical analysis, in current worlwide situation can happen anything crazy enough to change everyhing.
It looks like crude oil making a good head and shoulder pattern if it breaks the neck line go for buy
im gonna take a long at the bottom. wait for breakout
Pair Name 📊 - USOIL 🔴 - Sel - 89.50 1️⃣ - breakeven and close half - 88.84 2️⃣ - 88.17 ⚠️ - 90.38 ————————
wave analysis impulse wave correction market structure demand order blocks liquidity
because of fundamental signals which indicate oil price may reaches higher prices, I am looking for buy situations. This is a possible scenario for me!
Please note, pay attention to the decision to raise interest rates and the decisions of the Federal Central Bank, as well as news and wars, and also pay attention to your capital when you trade
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XTIUSD. XTIUSD is exactly Moving according our analysis. After breaking main Wedge this is again in small Retesting. After this retesting we can again see a good Bullish Trend. Keep in touch we will update further soon.
OPEC, OPEC+ decision will send WTI to 90 USD today and in long term to 100-105 USD. I think this is a good place to buy. Wish you good luck.
Short the breakdown in Oil. Looking for a retracement of the bullish momentum we had from 26 September, targeting the 50% level. Entry: 89.92 TP: 85.07 SL:92.00 RR:2.33 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
On the 4-hour chart, USOIL has formed an insidebar subbreak with short term bears in favor. Look for resistance near 90.5 for now, consider shorting if there is any resistance on the rebound, lower 1st target 87.0, 2nd target 85.5.
Yestrday we sell from 92 to 90.5 Today we sell gradually every 3 hours we sell the top I expect the top range for today to be in red 91 ish The target way way low 89-86-84 Good luck
Hello,Traders! CRUDE OIL was trading below The falling resistance but now We are seeing a strong breakout Which makes me expect The price to further up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅USOIL broke the falling resistance Which makes us locally bullish biased So I think that after the retest Of the support cluster below We will see a move up To retest the local resistance above LONG🚀 ✅Like and subscribe to never miss a new idea!✅