Oil: Key Fibonacci Zone to watch forPrice has been in a clear downtrend, with sellers firmly in control, driving a series of lower lows and lower highs. However, after a strong bearish leg, momentum began to slow, candles started showing long wicks and smaller bodies, signaling that selling pressure might be fading.
If price continue
Hellena | Oil (4H): SHORT to support area of 54.00.As I continued to watch oil I realized that the structure I built in the last forecast is still in place. I think we should expect a correction in wave “4” to the 59.3 area, then a continuation of the downward movement at least to the 54.00 support area. This will be the completion of the downward i
Oil’s Bottom Is on Its Last Breath — A Major Rally Is ImminentPrevious analysis:
Update is on the chart above 👆
The downside we were hunting looks near completion; in time terms, the correction also appears done.
Wave structure points to the end of wave 2 and the start of a powerful wave 3 up. Failed downside breaks and liquidity sweeps of recent lows back
19.10.25 Crude Oil WeeklyOil is about to approach the Weekly Demand Zone
Weekly (Higher Time Frame)
The Weekly Demand have 3 basing candle's: the Basing candle are so small it means price have been in balance til the buy pressure came in.
Also you the Demand zone was formed in a previously Supply zone. It means Supply b
WTI OIL Strong long-term rebound incoming.Over a month ago (September 17, see chart below), we gave a strong Sell Signal on WTI Oil (USOIL) as the price was again rejected on its 1W MA50 (blue trend-line) and was headed towards the inner Higher Lows trend-line, easily hitting our $59.50 Target in the process:
Yet again we consult the m
Hellena | Oil (4H): SHORT to support area of 56-57.Colleagues, price is actively moving in a downward direction and I believe the move is not yet complete.
Earlier I saw this move as a big correction, but now the structure is more of an impulsive one. This means that the price is moving in the wave “3” of the higher order (Red), which should be com
USOIL based on NEoWaveThere has been a lot of demand for oil analysis.
In the 2-month cash data, we see that oil reached $56, and many say there’s a possibility that oil may not touch the high levels above $70 again, but the chart suggests otherwise.
In the 2-month cash data, given the complexity in wave-(c), it appear
USOIL breakout from consolidation zone big breaking📊 USOIL (WTI Crude Oil) Technical Update 🛢️
USOIL has confirmed a descending channel breakout followed by a range consolidation breakout — showing strong bullish momentum on the 30-minute timeframe. 🔥
📈 Breakout Level: 57.60
🎯 Technical Targets:
1️⃣ First Target – 58.20
2️⃣ Second Target – 59.
Oil vs Gold: Transition to the Next Commodity CycleThe chart compares WTI crude (top) and the Gold/Oil ratio (bottom) on a weekly basis.
Historically, when the Gold/Oil ratio spikes — meaning gold becomes very expensive relative to oil — it tends to mark the end of the precious metals phase and the beginning of the broader commodity cycle.
In the
USOIL Crudeoil bullish forecast down trend breakdout🚨 USOIL (Crude Oil) Technical Update 🚨
🕒 Timeframe: 1H
📉 After a clear downtrend breakout, price has shown a strong bullish consolidation breakout from the key support zone at $60.700.
🔥 Momentum is shifting bullish, signaling potential continuation to the upside.
🎯 Technical Targets:
$61.300
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Displays a symbol's price movements over previous years to identify recurring trends.