Xtiusd tecnically bullish from The spot My target level is TP# 77.70 I am only price action trader I work on only spot & resistance Follow for more update
#USOIL. market continue consolidation from last couple plus weeks, technically market very well placed upside area around 79 plus. keep in mind if it will holding this area for futher then downside drop expected to my expected area, let c what will be done from market side. good luck trade wisely
This is my projection for crude over the next few years before a nonstop climb to astronomical prices and we are forced to convert to electric cars
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
The important levels this week : We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 100 pips.
Hello,Friends! USOIL is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of...
Hello,Friends! USOIL pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 75.07...
rising wedge head and shoulder formation indicates short below 80 buyers eyes on 60 to 63 aria for the up trend
I think this looks bearish. After failing to break the resistance at 79, it seems to be forming double top in D and completed a triple top in 8H within. In 1H has just broke the rising wedge and retested it. If it breaks the support at 76.54, it probable will fall deeper to 71 or even lower. Whether its a fake out or break out, with the other clues staking up,...
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 73 zone, USOIL is trading in an uptrend and successfully managed to break it out, currently is in a correction phase in which it is approaching the trend at 73 support and resistance area. Trade safe, Joe.
WTI Oil fell as Gaza talks began in Paris. WTI crude fell $1.80 to $76.56 today, largely due to the prospect of a ceasefire in Gaza over the weekend. Israeli officials have arrived in Paris for talks that also include Egypt, Qatar and the United States. In late January, a six-week ceasefire was proposed and the release of 200 to 300 Palestinian prisoners in...
🛢️📉 USOIL Market Analysis: Bearish Momentum Ahead! 📉📊 Traders, here's a breakdown of the current situation in USOIL: TVC:USOIL 📉 Resistance and Breakdown: USOIL has repeatedly encountered resistance at a strong level before finally breaking below the trendline. This indicates a potential shift towards bearish momentum. 🔄 Retracement Completed: Following...
Hello,Traders! CRUDE OIL has formed a Bearish wedge pattern And is now trying to Make a bearish breakout So we are bearish baised And IF the breakout is confirmed Then we can go short Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The support zone drawn on the chart becomes resistance. Stop Loss placed at the last swing. Risk-reward ratio 1:2, it is recommended to secure the trade at 1:1.
Looking for a bounce on this upward trend line. If bounce occur with a bullish candle stick, then buy is valid.
USOIL consolidates over the 10 EMA on the Daily we try to buy the break out.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 75.62 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✅