WTI Forecast, here there's a potential for the price to fall from X to Y to find a bullish reversal around 80. It will need monitoring for the wave of w-y since there is a hidden low there.
The weekly level which i was keeping in observation as a trigger, broke, so im going to start looking for an entry between 86.70 and 76.35 and more precisely between 82.60 and 79.20, that are the levels supported by volume, with the reach of these zones would start the process of taking an entry.
BEFORE OPENING YOUR TRADE: - Remember risk management 1-3% of your capital - Take profit of your position partially - Don't open too many orders at the same time - Be patient - Don't be so greedy - Waiting for a candle close and executing your plan. - Go to a lower timeframe to find Choch, Flip zone…. for entry. Remember No Choch – No Entry. - DON’T FOLLOW...
it seems like the 5 wave to the upside has complete. i anticipate a 3 wave decline to area 0.5 to 0.786 retracement for wave 2 orange before begin to rally again for wave 3.
crab harmonic pattern is seen on the chart targets are 86.62 and 82.89 please see what will work
Pair Name 📊 - USOIL 🔴 - Sel stop - 91.59 1️⃣ - breakeven and close half - 91.12 2️⃣ - 90.39 ⚠️ - 92.39 ————————
USOIL Crude Oil The current rate of rise is considered the strongest momentum and price since the downward movement from the top of last June 14 EMA100 tested below the $94 barrier The bullish bets are still valid in the direction of 95 and 97, as the current decline is considered a temporary correction to watch 93.00 91.00
Last week was very bullish for WTI. The price even managed to break and close above a solid horizontal supply zone and a major falling trend line on a daily. The underlined blue area on the chart is a confluence zone based on broken horizontal and vertical structures. From that, a bullish move will be expected to 97.0. ❤️If you have any questions, please,...
Oil go up hard last two session Now we sell 92 $ to 90$ or bellow Good luck
Hello traders! ⁉️This is my analysis on USOIL. Here we are in a bearish market structure, so I am looking only for shorts. I expect price to go a little bit higher to fill the imbalance above and then to reject from resistance. Like, comment and subscribe to be in touch with my content!
WTI has been one of the few markets to stand up to recent dollar strength, with prices rising over 16% last week alone. A strong bullish trend has developed on the 1-hour WTI chart. The 20 and 50-bar EMA’s have provided dynamic support throughout the trend and may provide bullish opportunities with a pullback towards them. The 20-bar EMA is near the daily pivot...
USOIL has broken impulsively from the falling wedge showing signs of retesting to form buys to the upside. I'm predicting price will fall all the way down to 90.00 USD before buys are valid but in order to confirm these buys we will have to look for a signal that this a confirmed structure to move to the upside all the way to 114.12 USD for the 90% rule...goodluck!
USOILSPOT Market Is Bullish. Expect price to reach 100.935.
looking to see oil drop to the downside based off this advanced harmonic pattern
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The target is a price range of $145.80 to $156.07. The risk is to the upside. Check out my previous analysis posted on the 24th august 2022.
WTI is Bullish on daily & 4 Hours. Production cut news from OPEC+ is the triger. Resistance zone is 95-96 Go long with strict S/L.
Insanely beautifull chart! Kudos to Tradingview for putting together the history of oil price on one chart. You can see a clear I-V sequence in the first wave (I) of supercycle degree since oil discovery by Colonel Drake in 1859. ABCDE as a forth wave after Arab oil embargo, which stretched up until 2000s shaped by the crisis of 80s and Asian crisis in 90s. And a...