USOIL NEW forecast Still, the price is continuing the bullish trend until it reaches 79.03; after it reaches this level, it will drop until 76.55 and may continue under it until 73.83. Also, if we explain the bullish trend, should the price continue in the bullish trend and stabilize above 79.03. Tendency: Downtrend Entry price: 78.10
Buy in Support Zone if USOil can to break Trend Line it will be Go to the moon Use : - Trend Line - Fibonacci - Demand and Supply Zone
HI Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. The way I told you, you have to trade like this and you will have...
OIL idea later today sell Strong resistance 1H tf structure LH and LL Idea sell on trend line
Market Analysis: Crude Oil Price Extends Rally Crude oil price is rising and it could climb further higher toward the $80 resistance. Important Takeaways for Oil Prices Analysis Today Crude oil prices are moving higher above the $76.10 resistance zone. There is a key bullish trend line forming with support near $77.40 on the hourly chart of XTI/USD at...
1. In a downtrend 2. Good bear strength 3. Weak bulls 4. In a consolidation right now so, I am going nutral with it 5. Still we can plan for a bearish trade with reduced quantity .
Pivot 77.10 Our preference Long positions above 77.10 with targets at 78.50 & 79.00 in extension. Alternative scenario Below 77.10 look for further downside with 76.60 & 76.10 as targets. Comment The RSI calls for a bounce. Supports and resistances 79.30 79.00 78.50 77.96 Last 77.10 76.60 76.10 Number of asterisks represents the strength of support...
🔸Today let's review the 8 hour chart for US oil . Noteworthy bounce in progress after accumulation near lows, however currently getting overbought, we are closing in on a cluster of stop losses / heavy overhead resistance. 🔸XABCD structure is defined by point X at 70 usd, point A at 78 usd, point B at 72 usd, point C at 79 usd, point D at 68 usd. speculative...
Buy limit for WTI oil. Please keep R&MM if trading. Good luck.
WTI Crude Oil is on a healthy bullish 1D technical outlook (RSI = 61.125, MACD = 0.800, ADX = 42.762), crossing today over the 1D MA200 for the first time in February. 79.75 (R1) is the first Resistance level but once the 1D MA50 broke (as we stated on our prior idea), the target is at least 83.50 (TP), which is what WTI delivered on the August 10th 2023 and April...
✅CRUDE OIL will soon retest a key resistance level of 79.50$ So I think that the pair will make a pullback And go down to retest the demand level below at 77.14$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Bullish indications: Resistance broken at 76.66 Double bottom formation in 30 min time frame. Fib level 0.236 is respected. Bullish engulfer candle in 4 hr time frame. Moving average 20 is respected. Morning star candle in 2 hr time frame. Trade plan bias long @76.66 SL:75.41 TP1:77.96 TP2:78.83
Hello traders it's my wti chart for futures. So i think price moves toward monthly high and as you see there is liquidity that not touched yet. Desirable zone for getting short in my opinion is around 79.37 - 80.7 $ zone. So i say it every time DoNOT ENTER THE TRADE WITHOUT CONFIRMATION Zone shown for you by red rectangle. You can spot the BOS near this...
1min Entry after CPi news release late entry after 77.307 break of lower structure Large bearish engulfing candle close Take Profit: 76.874 | 1.618 Fib extension Stop loss above previous high (77.448) ♥ ♥ ♥ ♥
US CRUDE OIL New forecast The price of oil is finding it difficult to continue rising, showing some bearish tendency and approaching the $76.00 barrier. We believe that opportunities are available to resume the expected upward trend in the immediate term, whose next target is at 77.00, 78.00. Therefore the upward scenario will be more likely during coming...
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 76.50 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 76.50 support and resistance zone. Trade safe, Joe.