WTI Crude Oil Forms Major Head and Shoulders BreakdownHi guys.
WTI has formed a massive Head and Shoulders pattern on the weekly timeframe, signaling a potential long-term bearish reversal structure.
After the right shoulder completed, price decisively broke below the neckline around the $67–$70 range, confirming the pattern breakdown. This neckline
USOIL Symmetrical triangle buying from key support📊 USOIL Update (1H Timeframe)
🟢 Symmetrical Triangle Breakout Setup!
Price holding strong at the key support zone – $60.000 ✅
🎯 Technical Targets:
1️⃣ $60.800
2️⃣ $61.800
3️⃣ $62.400
🧭 Plan:
Looking for buying opportunities from the support zone as long as $60.000 holds.
⚠️ Risk Management is Ke
Can WTI’s 8% Rally Hold After Trump-Putin Summit Collapse?WTI just staged its biggest two-day rally since June, as hopes for a Trump-Putin summit were dashed, leading to new US sanctions on Russian oil exports.
Here’s what’s fuelling the move and what traders should watch next:
- US sanctions on Russia’s top oil producers after failed Budapest summit tr
USOIL Is Very Bullish! Long!
Please, check our technical outlook for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 60.219.
The underlined horizontal cluster clearly indicates a highly probable bullish movement
USOIL: Bears Are Winning! Short!
My dear friends,
Today we will analyse USOIL together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 61.394 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmati
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 59.00.Colleagues, the situation is complicated, but I still expect the price to renew the local low of 56.40.
It looks like the price is forming a complex compound correction (WXY) and I think that for now it is worth looking at the 59.00 area as the nearest most likely level.
Ideally, I would like to s
WTI OIL 1D MA50 rejection. Sell Signal.Last time (October 14, see chart below) we took a look on WTI Oil (USOIL), we gave a Buy Signal right at the bottom of its 3-month Channel Down, which eventually hit our 62.00 Target:
This time we have a Sell Signal as the price and the Channel's Bullish Leg got rejected on its 1D MA50 (blue tr
Today, both bulls and bears have opportunities in crude oil.
Yesterday's public announcement of buying short positions above 62 was a correct bearish strategy. Crude oil fell as expected, as everyone has witnessed! The daily closing price formed a hammer pattern with a long lower shadow. This pattern signals that crude oil has stabilized. Support below is ex
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Displays a symbol's price movements over previous years to identify recurring trends.









