CFDs on Brent Crude Oil
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL. This is still below the main Trendline after breaking the rising Wedge Pattern. It has Maximum chances we can see a good downtrend. Keep in touch we will update further soon When Market will open we will update further with Proper Chart TP and SL
JPMorgan sees Crude at $380. I disagree. It's just not possible at the moment. A completely unexpected (as usual) crash to 10..20 must happen, and it will pulverize the accumulated bullish sentiment. That's the way markets work. btw, USDRUB can easily get to 200 in H2'22.
Hello,Friends! USOIL current trading paterns are clearly pointing In the direction of a long trade That is why I am bullish on the USOIL pair And I think it will go up! Like and subscribe and comment my ideas if you enjoy them!
Hello traders! The main idea of USOIL is that we are inside a significant correction. Wave B(blue) of (B) of ((B)). So, there are a lot of markup options here. As I couldn't find an impulse wave down from 114 to 105, I guess it would be a zigzag A(blue) followed by a flat B(blue). Small downtrend impulse and correction just also present. On Monday I will be...
Oil is in an ambiguous situation. On the one hand, Joe Biden's trip is ahead, and on the other hand, the lack of coordination between Saudi Arabia and the American Democrats. But in my opinion, first oil will see 111 and then 120 dollars. If the above number is not achieved, oil will reach 88 dollars This is a personal analysis Please analyze it yourself and take...
oil is reacting to its previous WW pattern to complete it and will go downward around 100 when oil goes downward and complete its new WW then will rally toward its target around 120 you can see my previous analysis as below any comments please share
Enjoy free charts analysis #bankstatergy [ [ [ [ [ [ [ [ ]]]]]]]]]]]]]]]]]] #Youtube channel link lnkd.in Join our Whatsapp group for free updates whatsapp group 1 lnkd.in whatsapp contect number''''''''''''''''' +923242387703 ]]]]]]]]]]]]]]]]]]]]] [ [ [ [ [ [ [ [ [ ] ]]]]]]]]]]]]]]]]]]]]]]]]]]]]]
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
After Friday I've made little corrections. Main forecast stays unchanged. There are also some questions related with wave ((B)) - structure is not defined yet. More likely it will be a flat or a double zigzag.
I have finally cleaned up my chart ! I think usoil will cool down lower before continuing the ascending trend. It can bounce on the yellow line or the green resistance. It might go a little higher before falling, forming a Shoulder head shoulder. If something happens, it can also go higher directly, altho im not sure what would be a nice target. What do you think ?
Interesting bullish potential for swing price action traders in my opinion
Assuming the price fail to break monthly pivot, price most likely continue to make correction to 88.3 zone (s2 monthly) before rally again. TAYOR
The market of USOIL seems bullish as Russia and Ukrain war still going on. Every support is an opportunity to long it.
Hello Readers! Let's find out the monthly outlook of the two most essential commodities i.e Gold and USOIL Gold on Monthly charts favors bulls for the month of July.Technically the yellow metal has made double top and for last three months posted negative closing. We are optimistic this month as technically it is trading on the support trendline. USOIL (Crude...
Hello traders, USOIL might not follow us to test new low next week. But at least we got part of that right, it made a support by reaching 104-105. On weekly right chart, I would see a possible ABC "Z" pattern is ongoing. Price could reack wkly resistance zone agian. On 6h left chart, ABC wave on this timeframe chart is ongoing. It could reack fibo 1.27 ...
The price of USoil still move in a triangle shape ,now we could wait the price rally to the 121,and short .the first target is 109.if the price broke the triangle ,the second target may fall to the 92.let's see what will happen.
Hello,Traders! CRUDE OIL is trading along the rising support And we are seeing a local rebound form the level So I think we might see a further move up Towards the horizontal resistance above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
4H Supply Zone is fresh zone and their is potential for price to reach $103 at 1H Demand Zone.