TVC:USOIL Cycle overview Daily - we are currently entering timing window to print Daily Cycle 2 coming out of ICL in December. I'm expecting a push higher to break above the declining trendline as we push higher to ICH Weekly - On week 15 looking to push higher to HCH expected around week 18-20 Monthly - In a new yearly cycle, expecting HCH around...
WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 80.437 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 79.200 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
TVC:USOIL The bulls showed dominance with the uptrend for this assets. Price action used the uptrend line as support, Followed by an impulsive move to the upside., starting at the 61.8 on the FIb. After reaching the 87.200 area price rejected at a 4-hour zone and created a double top upon the retest of the highs. If the price fails to break above this level, we...
I posted a trade idea a few moments ago, this is the video explaining my idea. There are important points in the video that are noteworthy. USOIL is exhibiting a strong bullish trend on the 4-hour timeframe, marked by clear higher highs and higher lows. We'll are watching the 50-61.8% Fibonacci level for a potential entry point. However, this trend is advanced,...
WTI oil (USOIL) is falling towards an ascending trendline and could potentially break under this level to drop lower. Sell entry is at 82.329 which is a potential breakout level ( wait for the 1-hour candle to close under 82.329 for confirmation ). Stop loss is at 84.520 which is a level that sits above the recent pullback resistance. Take profit is between...
WTI oil (USOIL) could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 80.206 which is an overlap support. Stop loss is at 76.500 which is a level that lies underneath a pullback support. Take profit is at 83.301 which is an overlap resistance that aligns close to the 161.8% Fibonacci extension level. High...
The price of oil reached 81 dollars per barrel WTI crude oil has been playing around $80 for the past two weeks, and the sell-off earlier this week suggests it may not reach $80. But curbs in the U.S. this week finally managed to push oil to its highest level since early November. WTI crude oil price increased by $1.64 to $81.35 today in the second day of price...
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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...
Price action analysis on WTI Crude Oil. Key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
WTI oil (USOIL) has just bounced off a pullback support and could potentially climb higher from here. Buy entry is at 77.293 which is a pullback support. Stop loss is at 75.600 which is a level that lies underneath a pullback support. Take profit is at 79.914 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Natural gas has started the week off on a bad note. Nat gas has lost the key weekly volume gap fill at $1.8622 This was the line in the sand that the bulls needed to maintain. The fact that Natural GAs has lost the key supply zone shapes up for a likely bearish move lower. We are holding the 20 Day MA so Bull have one last hope at this level. Hope typically...
Hey Traders, Oil opened higher as market sentiment feeds in and traders buy on fears of supply problems. This can cause rapid movements up or down, and it's a good idea to be prepared for them. Here's my labelled price zones to note.
Hi These are the pairs I am watching today Market full of opportunity
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 78.007 which is a pullback support. Stop loss is at 76.800 which is a level that lies underneath a pullback support that aligns with the 38.2% Fibonacci retracement level. Take profit is at 80.834 which is a pullback resistance. ...
WTICO/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Upon examining the WTI (West Texas Intermediate) crude oil chart, we observe a robust bullish trend, accompanied by a retracement to the 78.6% Fibonacci level. This significant pullback warrants attention, as price action appears poised for a deeper correction. In our analysis, we consider historical price swings, taking into account seasonality patterns from...
this is our second episode of the market discuss series. we cover DXY USDCHF AND USDCAD