As the morning we had a good run in Oil. with an impulse run we got the Tp. Now the price dropped to bottom The price is now planning to retrace to 60% of the Impulse leg. lets take a buy.
Could this be the next BULL RUN for USOIL? Based on what price action is showing, the market is testing a strong major structure. The market is still bullish on Weekly TF. We could probably see an uptrend movement by this week. Let's see how this will play out. Feel free to share your ideas
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 81.04 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 80.00 which is a level that lies underneath a pullback support. Take profit is at 84.47 which is an overlap resistance. High...
Hi traders, we can see the price surged to the upwards and currently in a steep pullback. It makes its high probability move to buy the dip. I will be bullish along as price doesn't break below 81.00 level. I will wait for some sort of break of structure and a retest as well as a rejection. Therefore, don't rush into impulsive trades, wait for price to come at...
US OIL NOW TO WAY TO FINISH WAVE Z note :any help or question just send write comment to help you Note: for new followers after follow me cheek your inbox in trading view i will send message welcome and surprise like and follow our profile for more signal forex for free and good luck
Based on the last post we can take this position for oil short term
Hi Traders ! The USOIL Price Formed a Double TOP Pattern. So, Let's Expect The Bearish Scenario: If The Market Breaks and Closes Below The Neckline, We Will See a Huge Bearish Move 📉 TARGET: 81.35🎯
Crude Oil Technical Analysis Daily resistance is 83.4-85.7, support below is 80-78 Four-hour resistance is 83.4, support below is 81-80 Crude oil operation advice: Crude oil fell first and then rose yesterday, ushering in a deep v bottom, rebounding and breaking through the high. The price of the Asian and European markets was under pressure and fell back to the...
Expecting a continuation higher eventually here, but first we need to finish this ABC corrective wave to the down-side. Then we should see steady growth until the waves are complete and this would create a "fractal shift" that would be going well over ATHs...typical twice as much as the previous lows (where price is plotted to go in this idea)
#Oil #WTI. Indeed, after some rekindling, I was able to reassess the previously green scenario as the most probable. Now I've labeled it in black. The chart could be indicating that a disaster is imminent.
The price of oil has fluctuated due to geopolitical trends, but oil is still more valuable and can reach its original price during a medium-term monthly or weekly period. I have considered 3 targets for oil, the most important of which is target number 1.
Brent crude oil is pulling back as expected despite the elevated tension in the Middle East. A failed break below $85 per barrel will allow black gold to continue its move higher towards $95 per barrel.
The current selling zone for USOIL stands at 85.25. It's an opportune moment to consider taking profits at various levels: 85.00, 84.50, and 84.00. These targets offer strategic exit points to capitalize on potential market movements. Meanwhile, it's prudent to set a stop loss at 85.90 to mitigate potential losses in case the market moves against the anticipated...
#USOIL UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL.USOL is ready for a good in this move we can see drop upto price level 77 to 75 soon. Keep in touch we will update further soon.
Bullish indications: Major support respected at 80.76 Double bottom formation in 1 hr time frame. Bullish divergence in 4 hr time frame. Inverted hammer in 4 hr time frame. Fib level 0.618 respected. Bearish indications: LLLH Trade plan bias long @ 81.48 SL:80.58 TP1:82.42 TP2:82.91
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. US-OIL QUICK UPDATE. 📚 👉As we can see US-OIL price is still overall bullish making clean higher highs and higher lows trading inside this rising channel. 📚 👉Meanwhile, price started a new correction movement, and as the...
The overall trend of crude oil hit the bottom yesterday, and the rebound did not break after testing 80.7 for the second time. It's still going strong. A positive hammer line collected on the daily chart. A close like this meant the market would rebound, and it has now. The key pressure level is 83.6. As long as the market does not break here, the market will...
We are looking for a buy setup in USOil. The price now stays in the major breakout level. Now we can look for a buy above 83.25