this is update for my idea before. daily/h4 trend line touch fibo zone
Recently, oil has been fluctuating in the range of 80-83.1, so we will treat it as a range fluctuation for the time being and wait for the trend to come out. In range fluctuations, you can wait for the upper edge of the range to sell, or you can wait for the lower edge of the range to buy, and control your position. If the range is exceeded, strictly SL Join...
Hi, 1PERCENT here. Today I am sharing a chart that I drew a few years ago. Contrary to crypto where we have fast movements of 30% intraday, Bonds, commodities, inflation rates, etc. are "slow movers"... but only in peaceful times. So patience is required for investors who focus on the forest. You were correct, but 10 years early. Now is your time to...
Already running 100 pips profit in one day Crude oil looking more bullish ... Already shared entry hope you guys used it , if this make correction down take another entry buy
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 84.99. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Bullish Flag has broken the resistance. Inverse Head Head and Shoulder's NKLN also broke out Change your color Theme to "Dark" if you cannot see the lines and text on the chart
get you some o dat. and why its all the buzz on 3/13/2024 we got confirmation
Strong support (major pivot) and bullish technical indicators.
Based on my analysis of the USOIL market, it seems that the trend is still strong and there is a consistent demand for buying. In order to avoid losing your money, I would recommend focusing on buying deals only. You should wait for the price to return to the support level, and even if it reverses, you should still consider buying. Remember to always follow the...
i believe oil is done with the ABC correction now should start anticipating a bearish continuation from here
The news is likely to boost oil prices. Geopolitical factors have affected oil reserve inventories. Oil inventories this week will be significantly lower than expected. leading to increased market demand In terms of trend, there is a certain degree of over-rising behavior in the market, but the trend is still a bullish trend. If the price falls back to the low...
Pivot 83.60 Our preference Long positions above 83.60 with targets at 85.00 & 85.50 in extension. Alternative scenario Below 83.60 look for further downside with 83.00 & 82.60 as targets. Comment The RSI shows upside momentum. Supports and resistances 86.00 85.50 85.00 84.37 Last 83.60 83.00 82.60 Number of asterisks represents the strength of...
As we spoke previously regarding oil, after hitting the selling targets at the bottom in the green box between 69.92/65.93, which extended from point B at the top, reaching these areas, it is necessary to return to the healthy correction levels in the blue belt at levels between 84.60/79.89. But as we see, as a trader in the SK system, I find here something...
Take long positions scalp every 50 pips Is best way to gain capital . Holders trail your SL
USOIL BULLISH FORECAST AND ANALYSIS The price of Oil looking to get some more achievements in bullish trend near 185. 19 so know keep it your mind and keep following me for more updates related with oil.
WTI oil (XTI/USD) could continue its bullish climb towards an overlap resistance at 86.67 which has been identified as a pivot point. Could price potentially stall around this level and pull back slightly before resuming the uptrend? Pivot: 86.67 Support: 83.52 Resistance: 89.25 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
USOIL (H4) The price will raise to acquire the 84.25$ and higher The price of the Oil is looking to get some uptrend targets now after recent declines for the downtrend. For the third day in a row, West Texas Intermediate (WTI) US crude oil prices are still trading close to the weekly low, in the $80.30 range, during the Asian session. A truce in Gaza and the...