Hello everyone USOIL is experiencing many unstable and doubtful decision being taken in the Middle East and other dependent countries. I think the best strategy is to wait for the trend reaches to the boundaries (Blue Channel) and then decide if your are really interested to get position or conservative strategy is to wait for Blue channel break out (Up or Down)...
Balance of buyers and sellers on the USOIL pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
Price has been on a downtrend , price has gone back to retest a structure which was broken …this also marks the 61% of the fib retracement level
Hey Traders, in the coming week we are monitoring USOIL for a buying opportunity around 82.70 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 82.70 support and resistance area. Trade safe, Joe.
Certainly! A bullish rally in US oil prices may have started Target is mentioned on charts.
on the weekly timeframe price broke structure and has gone to retest the area....sell tothe down side
Spot Oil on 30-minute chart had a slow rise in the past 24 hours followed by a pause and then a jump on the Israeli retaliation strikes into Iran. Middle East oil shipping in the Red Sea and Persian Gulf are at risk and shipping insurance for ongoing shipments is likely to experience heavy rate increases if shipping does occur. Houthi rebels may resume proxy...
My dear friends, USOIL looks like it will make a good move, and here are the details: The market is trading on 82.07 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 83.70 Recommended Stop Loss - 81.04 About Used...
Talk directly about strategy as the picture shows: The short-term support level below is 81-80.8, where you can buy long positions, and the pressure target level above is around 83-84. Follow me, trading is that easy! Stay rational, follow the trading plan, and avoid blindly following the trend or trading emotionally!
TVC:USOIL #Usoil #commodities USOIL is struggling to break through the resistance 😫 Momentum now seems to favor the bears🐻 If the support line breaks down then price heading towards $73🎯 which is the wedge support line
USOIL is struggling to break through the resistance and further rejection could send price back to Fib support price of $79. If we breakthrough the resistance then upside price target of $89. After that we can go as high as $96. Momentum now seems to favor the bears🐻 If the support line breaks down then price heading towards $73🎯 which is the wedge support line
Crude oil has emphasized that it will continue to rise, and falling is a buying opportunity. The upper target is focused on 88-90 US dollars. All my current transactions maintain 100% accuracy. If your account is still losing money, you can follow my signal trading and I will help your account make profits quickly!
Oil prices have experienced a volatile period in recent months, with concerns about global economic growth and geopolitical tensions battling it out with signs of a tightening physical market. However, for investors with a long-term perspective, recent developments suggest a potential bull run for oil, making it an attractive asset to consider. Here's a deeper...
USOIL Looks like this is a bearish connective wave completing here and it will have another wave down. It just printed a Shooting Star shakeout through the very long term trendline which also a 0.5 retracement; that is a very common continuation ratio in moderate corrective trends. If it can get to the 1.13 overshoot ratio of the 1:1 extension then it can hit...
WTI 84.330 - 84.440 SELL AREA ! WTI 84.330 - 84.440 SELL AREA ! WTI 84.330 - 84.440 SELL AREA ! Lost sendiri tanggung ya ! tayor !
The WTI (West Texas Intermediate) crude oil market has shown resilience, staging a recovery subsequent to a pullback retracing between the key Fibonacci levels of 50% to 61.8% from the preceding major swing. Notably, the current price action exhibits a divergence pattern, notably intersecting with the levels of prior support. Moreover, a discernible confirmation...
USOUSD is in a correction period. The price has an opportunity to retest the 81.12 and 80.05 support zones. If the price cannot break through the 80.05 level, there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!