WTI oil (XTI/USD) could bounce off a pullback support at 80.32 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 80.32 Support: 78.55 Resistance: 83.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
WTI oil (USOUSD) is falling towards an overlap support and could potentially bounce off this level to rise towards our take-profit target. Entry: 80.563 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 76.830 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci...
WTI oil (XTI/USD) is rising towards a potential breakout level at 82.53 which has been identified as a pivot point. Could price potentially break through this level and rise higher towards the 1st resistance? Pivot: 82.53 Support: 81.33 Resistance: 84.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
WTI oil (USOIL) is falling towards an ascending trendline and could potentially break under this level to drop lower. Sell entry is at 82.329 which is a potential breakout level ( wait for the 1-hour candle to close under 82.329 for confirmation ). Stop loss is at 84.520 which is a level that sits above the recent pullback resistance. Take profit is between...
Pair : Crude Oil Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Long Time Frame Completed " 12345 " Impulsive Waves and " A " Corrective Waves Fibonacci Level - 61.80% S / R Level
WTI oil (XTI/USD) could fall towards a pullback support at 82.53 which has been identified as a pivot point. Could price bounce off this level to resume the bullish uptrend? Pivot: 82.53 Support: 80.32 Resistance: 84.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
Hello,Traders! CRUDE OIL keeps growing But will soon hit a horizontal Resistance of 83.64 from Where I will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders, Base on technical and wave analysis we see this scenario for #USOIL for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
WTI oil (USOIL) could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 80.206 which is an overlap support. Stop loss is at 76.500 which is a level that lies underneath a pullback support. Take profit is at 83.301 which is an overlap resistance that aligns close to the 161.8% Fibonacci extension level. High...
West Texas Intermediate crude oil regained a bullish momentum and managed to establish a new high at $81.58, which marks the highest value in over four months. Additionally, RSI, MACD, and Stochastic all moved higher on the daily chart. These developments are positive for oil and bolster a bullish case in the short term and medium term. However, while it is...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & Unusual Market Volume Detector (UMVD) Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of...
WTI oil (XTI/USD) could rise towards an overlap resistance at 84.35 which has been identified as a pivot point. Could price stall around this level before potentially making a weak bearish reaction? Pivot: 84.35 Support: 79.79 Resistance: 90.36 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
Crude oil is currently facing resistance on a 1-hour time frame. We've established an upper and lower zone for trading. On the weekly candle from last week, the price closed above the previous week's level, which indicates a possible uptrend towards higher levels around 83. If there is a significant gap in the price on Sunday, we should watch for how the...
WTI oil (XTI/USD) has climbed strongly since Wednesday 13th March. This bullish momentum could extend should price bounce off a pullback support at 80.79 which has been identified as a pivot point. Could momentum lift price towards the 1st resistance? Pivot: 80.79 Support: 78.58 Resistance: 83.52 Risk Warning: Trading Forex and CFDs carries a high level of...
WTI oil (USOUSD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 80.963 Why we like it: There is a pullback resistance level Stop Loss: 82.300 Why we like it: There is a resistance that sits beyond the 127.2% Fibonacci extension level Take Profit: 77.797 Why we like it: There is...
WTI oil (XTI/USD) is rising towards an overlap resistance level at 80.79 which has been identified as a pivot point. Could price stall around this level before potentially reversing to drop lower? Pivot: 80.79 Support: 75.84 Resistance: 83.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
What do you think? RBD = Rally Base Rally Supply Zone LQP = Liquidity Pool
WTI oil (XTI/USD) is falling towards a pullback support level at 75.89 that aligns close to the 50.0% Fibonacci retracement level which has been identified as a pivot point. Could price bounce off this level and potentially climb higher towards the 1st resistance? Pivot: 75.89 Support: 73.45 Resistance: 80.79 Risk Warning: Trading Forex and CFDs carries a...