When the price reaches the PRZ you can buy oil and your tp will be the blue and green lines on right side
USOIL now the price moving between 83.11 and 81.58 , so if the price rise and reaching 183.11 and stable above it , thus will be bullish trend to get 84.66 which is strong resistance line . but otherwise, dropping price till 81.58 and stable under it will be bearish trend to get 80.78
stoplose : 83.36 entry : 82.73 tp 1 : 80.75 note: now the price go to finish wave y 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
On the weekly timeframe, USOIL has already reversed into a buy, breaking significant structures. I believe it'll keep seeking out buys. The daily time frame confirms that too - with current weakness showing in order to gather liquidity to complete the long move. In terms of where it'll react from - that depends on the structure it breaks. If it breaks (Likely and...
Oil is still the same as I said last week, fluctuating in the range of 82-86 As can be seen from the chart, the low point of oil is constantly moving up, and the support point is also constantly moving up, from 82 for the first time, to 82.5 for the second time, and 83 for the third time. So it can be seen that we can still sell at the high point and buy at...
Through the analysis of the hourly chart of crude oil, we know that yesterday's market surged higher and fell back, showing that the main bulls were weak, and once reached the 81.80 line below to stop falling and rebound. From the picture below, we can clearly see that there has been a super main force buying the bottom signal. It is said that there will be a...
WTI oil (USOUSD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 83.142 Why we like it: There is a pullback support level Stop Loss: 81.725 Why we like it: There is a swing-low level Take Profit: 86.849 Why we like it: There is an overlap resistance that algins with the 50.0%...
Looking over the market conditions during London Session. Also shifting focus to Oil and soon corn and other commodities.
Could this be a possible down trend continuation for OIL? The market seems to be in a corrective pattern, we should be seeing a probable breakout soon to the downside
I think we are still in the ending diagonal scenario. But given that it is taking that much time to form that ending diagonal I am starting to have my doubts about it. Within that scenario wave b can still take shape of running flat. Once wave b is done wave c can be an impulse, a contracting diagonal or an expanding one (less probable hence light grey). Once...
The current price of crude oil is 82.7, reaching the main support position below, and the current price is directly long! If you are confused about trading, please join me, I believe you will have a great harvest!
Well, I am going to buy oil because ... ... this is quite good entry. Short term target - 86$, long term target 92$ Don't forget about stoplosses, risk&reward etc. bs.
The deteriorating outlook in Europe has left oil traders wondering whether global oil demand will remain resilient next year. On the other hand, the US third quarter GDP data exceeded expectations and continued to deliver strong economic growth. A higher dollar and an uncertain economic outlook seem to be haunting oil. Oil prices rose on Friday on fears that...
USOIL Oil price faces strong negative pressure also reached 83.06 and under it, so for now tries to get 81.58 to be uptrend should break 85.49 and stable above it
Through the analysis of the hourly chart of crude oil, we know that the last trading day first fell, then rose and then fell. The pressure that reached the middle track of the Bollinger Band above was blocked and fell back. We can clearly see from the picture below that the main bulls continued to intervene in the bottom area of the market. , in the short term,...
ALL things in marcket show you the oil price in the way to GET PRICE LIKE 90 $ OR MAYBE MORE AND YOU CAN FEEL IT , JUST CHECK NEWS ....
Crude oil prices went up on Friday due to Israel's expansion of ground operations in Gaza. This has raised concerns about the possibility of the conflict spreading in a region responsible for a third of the world's oil production. Turning our attention to China, we're eagerly awaiting the release of manufacturing and services PMI data for October. Investors are...