WTI Oil (USOIL) made a solid (Higher) Low at the bottom of the Channel Up pattern and started rising as we discussed on our previous idea (April 22, see chart below): We now need to take it a time-frame lower to 4H as on Friday the market formed the first 4H Death Cross (4H MA50 crossing below the 4H MA200) in almost 7 months (since October 10 2023). This has...
#USOIL Sell Idea .........................................................................
Crude oil making bullish price action according to dow theory on H1, long entry on 50% fib retracement, stop loss beneath previous higher low.
hello everyone, watch the lvl 83.35; 83 ; 82.27 these are support. we will see oil higher in this week? more supply cut from OPEC? (please dont risk more than 2% in trade) watch your risk management. Good Luck. i try to always we will keep you all updated . Please don't forget to like, comment and follow to support me, i really appreciate you support...
Is USOIL exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 82 What you guys think of it?
ZYLOSTAR.COM recommends going long for WTI Crude oil. US crude oil in majorr support, Rebound likely
Crude Oil is Bearish Soon because the flag pattern and Harmonics AB=CD is performed in 4H chart.
WTI oil (XTI/USD) is falling towards the pivot. Could this commodity potentially stall around this level before reversing to bounce higher towards the 1st resistance? Pivot: 81.38 1st Support: 77.77 1st Resistance: 85.57 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
The most controversial natural gas FX:USOIL has been on a path of confusion for me, and I'll explain below. Firstly, under technical knowledge, USOIL is in a scenario of compression!!! as it is trending shy outside of its major ascending trend line and a break of the descending major trendline! These guys alone are big problems and have enormous power to alter...
HELLO FRIENDS As I can see USOIL has Break the triangle zone and now trading above 80$ as we said in our previous analysis, we are more bullish on Gold with Technical and Fundamentals views as we all know the War is still going on and US Gov supporting all his allies with billions of $ and there is no Ceasefire in near term. Iran is now entered in this War Plan...
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...
it's dancing in supply blue - .236/79.13 -382/88.74 mid fib 83.95 . Sun open could try and cross 83.75 and tease 85 otherwise bear would confirm March 83.06 support -mthly grain green / 82.5 numerical . GL watch for chop keep your stick on the ice . Boosts appreciate
it's dancing in supply blue - .236/79.13 -382/88.74 mid fib 83.95 . Sun open could try and cross 83.75 and tease 85 otherwise bear would confirm March 83.06 support -mthly grain green / 82.5 numerical . GL watch for chop keep your stick on the ice . Boosts appreciated
Dear Colleagues, at the moment the price has made a strong downward movement. I suppose that the price is in wave "4" and can continue its movement to the support area of 80.22, but I consider only long positions, because the price can make a reversal at once. I recommend to work with pending orders. The nearest target is the resistance area at 87.47. Manage...
Hello dear traders, USOIL. We are in a long-term downtrend in our daily analysis. I am waiting for the price to reach the extreme order block to enter a long-term selling position. Liquidity and price reaching the daily order block will create strong selling pressure, leading to a trend change. I have drawn a simple and clear chart of oil that is...
Expecting price to reach the demand zone. The price is still in its discounted price.. Looking for a Long here
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$
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...