Pullback resistance holding – Bearish reversal in play?WTI Oil (XTI/USD) is reacting off the pivot, which has been identified as a pullback resistance that lines up with the 38.2% Fibonacci retracement and could drop to the 1st support.
Pivot: 65.81
1st Support: 62.17
1st Resistance: 68.85
Risk Warning:
Trading Forex and CFDs carries a high level of
Crude Oil (XTI/USD) at Key Resistance: Breakout or Rejection ?Crude Oil (XTI/USD) has reached a major resistance level and now faces a critical decision point. If price breaks above this resistance, a long trade setup becomes attractive with upside targets at $70 and $71.
However, if rejection occurs at this level, downside momentum could build, with potentia
CRUDE OIL (WTI): Consolidation is OverFollowing a test of a significant daily support level, USOIL has been consolidating for an entire trading week.
Today's fundamental data has instilled a bullish sentiment in the market, and the price has successfully surpassed a major resistance point within its sideways movement.
It is anticipate
“WTI Crude Oil: Rebound Setup with $95 Target Ahead?”WTI Crude Oil Analysis 🛢️
Price is holding strong around the $59–62 support zone.
A breakout above the $70 trendline could open the way to $95–96.
🔹 Fundamentals: OPEC+ supply discipline, global demand recovery, and USD weakness could support the move.
⚠️ Risks: global slowdown, stronger USD, unex
USOIL Will Explode! BUY!
My dear subscribers,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 61.96 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 63.08
About Used Indicators:
The a
WTI OIL Short-term Channel Up 4H MA50 buy opportunity.Last week (August 26, see chart below) we caught the absolute low with our WTI Oil (USOIL) buy signal, hitting our $66.30 Target shortly after:
This time we have another buy signal on the short-term as the Channel Up that emerged has pulled-back all the way to its 4H MA50 (blue trend-line).
T
CRUDE OIL (WTI): Important Breakout!
With a strong bullish rally, WTI Crude Oil violated a significant
daily resistance cluster yesterday.
The broken structure and a rising trend line compose an important
demand zone now.
I will expect a bullish continuation from that.
Next resistance - 66.6
❤️Please, support my work with like,
Bearish reversal forming at key resistance?WTI Oil (XTI/USD) is rising towards the pivot, which is an overlap resistance and could reverse to the 1st support.
Pivot: 65.82
1st Resistance: 66.80
1st Support: 63.79
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can
WTI BUY OPPORTUNITY Price rebound at a support level of 62.5 technically we anticipate some bullish price action to develop away from that level. Also, there’s a decrease in oil production according to report from EIA therefore there’s an increase in demand which shows that buyers are likely to take the price higher f
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Displays a symbol's price movements over previous years to identify recurring trends.