Looking at the daily chart of crude oil, it tested support near 80.7 at the beginning of the week and then strengthened. It can be seen that the support below the 80.3 mark is very strong. At present, crude oil has stood firmly above 83, and the trend is still strong. It is expected to continue in the future. On the upside, the upper resistance is near the 86...
there alot of fibo and pattern in USOIL I will post fibo later for now looks like pattern still bearish until year 2026 or at least until 40 support retest quite funny how Biden want Oil above 75$ resistance 105$ and Trump want oil under 75$ support 34$
ZYLOSTAR.COM recommends going long for WTI Crude oil. US crude oil in majorr support, Rebound likely
Trade Idea: Short US Oil (WTI Crude Oil) Analysis: Head and Shoulders Pattern: The Head and Shoulders pattern is a classical reversal pattern that typically forms after an uptrend and indicates a potential trend reversal to the downside. In this case, the presence of a Head and Shoulders pattern on US Oil suggests a possible reversal from bullish to bearish...
Attention, traders! 📣 **Trade Alert: USOIL Inverse Cup & Handle Pattern** **Pattern:** Inverse Cup & Handle **Current Price:** $81.50 **Selling Zone:** $81.50 **Technical Target:** $77.00 USOIL has formed an inverse cup and handle pattern, indicating a potential trend reversal. The selling zone is identified at $81.50, with a technical target of $77.00....
Crude Oil may be losing some of the geopolitical war premium. Signs of weakening economy may not be enough to keep oil uptrend. SP500 (blue line on chart) may also be lining up with the same potential drop in crude oil. Crude Oil 80-81 level is support, breaking that could imply a exention lower to near 75.
Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 80.46 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USOIL pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET today XTIUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
The bottom of crude oil is about to appear. Now is the opportunity to buy. If you hold it for a long time, be prepared to reap huge profits. I will continue to provide accurate signals! All my current transactions maintain 100% accuracy. If your account is still losing money, you can follow my signal trading and I will help your account make profits quickly!
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
Today's content all points are 2406 US crude oil contract points, because the US crude oil has changed the main contract to 2406 contract, yesterday's market as a whole is basically in accordance with our analysis of the forecast to go, that is, down, the market rose to 84.75 US dollars began to fall all the way to the current lowest point of 82.01 US dollars....
Earlier during the day we got raids on asian and London highs. Got a sell at the beginning of the NY am session targeting the Asian and London lows. We now waiting for a sweep on those lows being pulled by an imbalance on the HTF 1hr so we can get potential buys targeting a break of structure to the upside in the trend continuation. NB. Wait for sweeps and choch...
We had a False Breakout as pointed out Please note that it is very bearish to have a false breakout followed by breakdown. Head and Shoulders formation identified with a downside price target near $73. Our green upward sloping trend line is also indicating that the price should bounce and find support near $73 Would you be buying near $73?
The price of the oil is looking to get some uptrend target now after recent declines for the downtrend the price of oil is going to up on 82.76 and mor then
Please, check our technical outlook for USOIL. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 80.72. The above observations make me that the market will inevitably achieve 81.61 level. P.S We determine oversold/overbought condition with RSI...
Price at support level + formation of bullish shark pattern + RSI divergence ; I am waiting for a reversal chart pattern to confim trend reversal PS never risk more than 2% of your capital per trade
US OIL making an inverse cup and handle. looks likes heading towards downtrend.