Oil position still active in the Gold Fund for our bigger investors. Oil moving very smooth in our predicted direction! While it'll be a loss for majority of the public who suffer from higher Oil prices, we'll be profiting as we've managed to get in on the right side of the market📈 Buyers still holding strong. GET INTO LONG TERM OIL POSITIONS NOW!
From a long-term perspective, Oil, in this case, we use the Brent Last Day Financial by NYMEX CME, overall is trending downward! It would be tempting to initiate a “sell on rise strategy” especially when a long term trend line (in blue) is challenged. The trend line majors the historical highs of Brent (BZ) as well as Crude (CL) since the second all-time-high...
Hi Oil Traders, This is our master plan to Rob Crude oil Barrels. Guys U can enter to Rob this oil at entry level i have mentioned or place your sell stop below my entry level this is our master plan. Our target is Trap area.
USOIL / 1D Hello traders, welcome back to another market breakdown. Crude Oil traded lower earlier in the week after a small pullback bear trend. The bears got 3 pushes down, forming a wedge pattern. They want a retest of the June or May lows, followed by a breakout below. The bulls see the current move down simply as a bear leg within a trading range. They...
Crude Oil NYMEX:CL1! ! Let's delve into a crucial chart, our beloved Crude Oil (CL1!) Futures Contract. Starting the count post the pandemic dip, we've completed a 5-wave cycle reaching $130. After a subsequent drop, the Wave C formed in March 2023. Following that, in my analysis, we've crafted an upward Wave X around $95. Currently, we seem to be descending...
Crude oil market analysis Today's crude oil continues to be bullish, the 81.30 platform organized by the bulls yesterday has formed a new support, close to this position to consider continuing to be more, the suppressed position can not be seen, the size of the trend of crude oil is all bullish, the previous 80.40 has formed a new strong support, the shape does...
Prices have pulled back after hitting a four-month high of $83 yesterday on Monday. Russia has increased exports in response to Ukrainian attacks on the country's oil infrastructure. Saudi Aramco CEO Amin Nasser has rejected the idea of phasing out fossil fuels, calling it a fantasy. Looking at the daily chart of crude oil, oil prices have fluctuated for about...
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
price is testing again 81 big horizontal resistance if price breaks this level then it can make inflation fight longer
🛢 CL OIL, H4 🛢 20 March 2024 Crude oil prices extended gains, reaching multi-month highs for the second consecutive session, driven by rising geopolitical tensions, notably recent attacks by Ukraine on Russian refineries. Concerns over supply disruptions intensified as the attacks targeted a significant portion of Russian refining capacity, leading to the...
Please, check our technical outlook for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 82.51. Taking into consideration the structure & trend analysis, I believe that the market will reach 85.04 level soon. P.S Please, note that an...
The release of U.S. EIA crude oil inventory data and the Federal Reserve's interest rate decision may bring external interference to the trend, so U.S. oil needs to be careful in the short term. The bullish tone at the daily level has been locked in. A firm hold at 80 will lay the foundation for medium and long-term bullishness. As long as there are no major...
Dear Colleagues, price has reached the minimum acceptable target of 61.8% Fibonacci extension at 82.94 and now I assume that wave C will be equal to wave A. This is quite a risky forecast, so I recommend to take risks and enter with a risk of no more than 1-5% of your deposit. My target is in the area of 100% Fibonacci extension at 85.00. Manage your capital...
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...
1. overall market = bullish 2. 4H = bullish 3. 1H = bullish 4. market is testing HL 5. 1H - hammer candle at HL and Trendline Buy above 1hr doji close entry 82.550 Sl 82.00 Breakeven 83.250 TP 83.750
Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis #naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 05:27 AMEX:UNG Stock Forecast 08:54 USO...
In this chart we have seen a series of HH & HL but in the rising wedge formation which means if it breaks the previous HL then it will rally a down trend. We also spotted a bearish Divergence which also support the short entry
Discussing the sell off in semis today. Potential reversal in Nat gas Bitcoin & crypto selloff. FOMC tomorrow: No rate cut. Will Powell come out hawkish tomorrow? its looking likely he will based off of the BOJ rate hike. Oil surging doesn't help the dovish case. Commodities breaking out doesn't help the inflation fight.