XTIUSD* Bullish Trend after consolidation box break.
* Bullish flag pattern is formed.
* Entry will be taken at the break of the pole.
* Stoploss is below the last HL.
About CFDs on WTI Crude Oil
Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.
CRUDE OIL (WTI): Will It Rise More?
Quick update for my yesterday's analysis for WTI Crude Oil.
As I predicted yesterday, the price went up to the target.
We got one more strong bullish confirmation after a New York
session opening:
the price violated a resistance of a horizontal range on a 4H time frame.
I think that the market
USOIL - Bearish Double TOPHello Traders !
The USOIL failed to create a new higher high.
The price formed a double top pattern.
Currently, The neckline is broken !
So, I expect a bearish move📉
________________
TARGET: 64.970🎯
Strong USOIL Setup: Long from Support + 4.34 R/RHey Guys, hope you're all doing well!
I've placed a limit buy order on USOIL from a key support level. Below are the relevant levels for your reference:
- 🔵 Entry Level: 67.424
- đź”´ Stop Loss: 66.803
- 🟢 Target 1 (TP1): 67.908
- 🟢 Target 2 (TP2): 68.456
- 🟢 Target 3 (TP3): 70.036
đź“Š Risk/Reward R
(WTI Crude Oil) on the 30-minute timeframe:(WTI Crude Oil) on the 30-minute timeframe:
You have a clear triangle breakout happening.
The chart shows two bullish target positions marked with blue arrows.
Based on your chart:
Current Price Zone: Around 66.20 - 66.25
Target Levels:
âś… First Target: 67.00
âś… Second Target: 68.00 - 68.10
-
USOIL - Bearish Double TOPHello Traders !
The USOIL failed to create a new higher high!
The price formed a double top pattern.
Currently, The neckline is broken !
So, I expect a bearish move📉
________________
TARGET: 64.960🎯
USOIL: Historic Full CyclesResearch Notes
Documenting historic examples of fractal loops for future references and research.
Fractal full cycles
70's; 80's; 90's
Late 90's & Early 00's
00's
10's
10's & 20's
Hellena | Oil (4H): LONG to 50% lvl Fibo area of 70.00.Colleagues, after a long break, I think it is worth returning to oil forecasts. The situation is stabilizing a bit and now I think that the price is in a strong correction (ABC) at the moment I see wave “B”, which may reach the area of 50% Fibonacci 70 level.
It is possible that wave “A” will conti
US Oil - July WK#2 ExpectationsNYSE:TVC :
USOIL Last trade close @ $66.5.
Expected to start the week @ $68.xx.
The formation of cup & handle shape lead to continuous increase to start hitting 1st Target @ $70.
Trump will announce Tariffs implementation will support increasing prices.
Crude oil continues to fluctuate upward
đź’ˇMessage Strategy
OPEC+, led by Asian countries, announced on Saturday that it would increase production by an additional 548,000 barrels per day from next month, more than 30% higher than market expectations of 411,000 barrels per day, accelerating the pace of resumption of production after the
See all ideasÂ
Displays a symbol's price movements over previous years to identify recurring trends.