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
Israel retaliated against Iran overnight, which saw the price of WTI crude oil jump nearly 4.5% before giving up some of its gains. Per media reports, three large explosions were heard in the country's south, and the U.S. official announced Israel successfully hit some of the targets, something Iran was quick to deny. Without regard for damages, it is already...
Despite Iran's unprecedented attack on Israel over the weekend, crude futures were barely affected Monday. Traders attributed the flat move to expectations that the conflict would be contained. In the short term, Israel's potential response to an Iranian attack is highly uncertain and could determine the extent of the threat to the latter's oil supply. Iran's...
Based on the last post we can take this position for oil short term
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)...
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 !
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$
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
Hey there on 1htF the USOIL has been touched our previous target 84 and now also moved some downside and again looking for buy side
WTIOIL approaching 1D OrderBlock Supply Level, Possilble Short Position.
USOIL bought then consolidated created a false break out to the down side and went up(accumulation, manipulation, distribution, etc.). We still in strong bulls for USOIL FOREXCOM:USOIL FX:USOIL TVC:DXY . This is only a trade idea, use risk management. Happy trading
Oil futures are struggling to regain their footing this week as traders perceive that risks of the Middle East tensions impacting supply have eased. The lack of damage or casualties following the retaliatory attacks Israel launched on Iran on Friday has led Iranian officials to deny any further retaliation from Tehran, a successful effort from diplomats who have...
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
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...
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...
Oil price is managed. It trades in a range for decades until high inflation forces it to break out of that range. Should the oil price break out of the current range. it will form a new range.
#USOIL.. well guys market very well bounced back from 81 around. Now we have 83.70 as market current resistance area. Keep close eit because if market hold it then you can see a drop from here, Otherwise not at all.. Good luck Trade wisely