I want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research.
SELL US OIL @ 83.8 with sl of 84.8 and Target of 81 in next few session.
hi we have a bullish ordeflow so this trade si valid
This is my opinion with technical analysis Please respect the following rules: 1- Risk management . 2. Have your own strategy.
VUCA= volatility, uncertainty, complexity, and ambiguity During the Asian session, the price of LCRUDE crude oil experienced fluctuations, ranging between $82.93 and $83.05, with a slight decrease of -0.45%. However, with the opening of the European market, the price began to recover. Factors such as expectations of cuts from the Organization of the Petroleum...
Price touched top of long term channel down and reverted moving downward If price cannot get quickly above resistance 83,07$ then a down move to 81,59$ (4H SMA50) will probably occur A bearish engulfing candle also completing on 4H
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 83.06. The above observations make me that the market will inevitably achieve 80.08 level. P.S Overbought describes a period of time where there has been a...
Taking into consideration my fundamental outlook on USD for 2024 including time cycles i have calculated which are not included in this chart overview. I anticipate bearish momentum on XTI/USD. i first forecast my fundamental position for USD and then align that with my cycles does it match and make sense? if yes i will then proceed to match my technicals to align...
Oil prices are sliding nearly 2% on Friday with the United States hitting fresh highs in Oil production, added with Iraq announced the reopening of a refinery that was closed for a decade and amid expectations that OPEC+ countries won’t opt for big production cuts. President Of Rapidan Energy and former White House official Bob McNally said that OPEC+ said on...
🛢 CL OIL, H4 🛢 1 April 2024 Oil prices edged higher as concerns about a global supply surplus eased, supported by lower Russian output and ongoing production curbs by major oil-producing nations. Russia's decision to deepen production cuts and the reduction in fuel supplies following attacks on Russian fuel refineries by Ukraine contributed to market optimism....
Uptrend at Golden ratio 0.5 to 0.618 Trendline and resistance zone matching with 0.1618 level Waiting for reversal pattern at $84.5 - $85.5
Ahoy, fellow trader! 🌟 Let's set sail on the high seas of oil trading, where the winds of fortune blow and the waves of volatility crash. 🛢️ **USOIL** (that's WTI Crude Oil for landlubbers) is currently dancing around the **$83** mark like a tipsy sailor at a tavern. 🕺 The resistance levels are like stubborn portcullises guarding the treasure chest: **$83** and...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Crude oil market analysis Crude oil we have been insisting on bullish, whether it is the daily line or short-term 1H is a rising trend, yesterday back to 80.50 to complete the support of the back step, today the bulls will continue to impact the suppression of 82.40, crude oil in this wave of repair did not change the direction of the cycle, back step is the...
CRUDE | WTI | USOIL idea CRUDE | WTI | USOIL idea
The price of the OIL technically bearish , you need to comment your point of view and hit like if you find my useful for you and keep following me if you want more analysis like this every time. NOTE : 📬 COMMENT, ✅LIKE AND ☑️ FOLLOW. THIS CAN HELP ME TO ANALYSE THE MARKET MORE EFFICIENTLY FOR YOU.
My dear friends, Please, find my technical outlook for USOIL below: The instrument tests an important psychological level 83.06 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 81.28 Recommended Stop Loss - 83.99 About Used...
Colleagues, the price has redrawn the waves a bit, I was waiting for it and at the moment I assume that the price may update the wave "C", then I expect the price to decline to the support area of 80.22. This movement should update the minimum of the wave "B", then I will make a markdown and expect an upward movement, but for now I am considering only short...