XBRUSD UK Brent Oil against USD will grow more next week possible to continue with the bullish trend and break a 110.58 Resistance easily you may follow the uptrend and get trade from 109.80 to 110.20 for the short term. and also following H4, the D1 trade chart will go higher almost TP1: 111.00, TP2: 111.60, TP3: 112.80. This analysis only charts patterns with...
Possible levels (1, 2) to start correction. This is just an idea, bullish continuation is also possible (3). Good luck!
Henry Hub Natural Gas futures showing slowing momentum across the futures curve up to Jan 2024 ($NGF2024). Recent geopolitical risks i.e. The Russian invasion of Ukraine, have pushed the prices of both spot and futures of commodities higher. Natural Gas futures across the curve are tracking each other with a tighter spread till Jun 2023 implying that the market...
Hey traders, in the coming week we are monitoring USOIL for a selling opportunity around 111 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
EU failed to do sanction on russian oil. FED's raising interest rate would push the commodity price to go down further more. MACD already lost it's power. WTI would need more time to grow back again. 85-87 is my tareget from now on. I will update more when it reaches to my target once again.
Hello, Friends! USOIL is trading In way That I predicted previously And now the pair is retesting A hidden bank’s level So I think a bullish move will follow! BUY! ✅LIKE AND COMMENT MY IDEAS✅
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Market is Completely Unpredictable Because of The War, So Trade With Caution Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or...
Crude on weekly looks too good , close on month high & weekly high Next Week would be interesting to watch crude......... Keep Close Eye above 8550 #crudeoil #crude #brent #commodities #commoditytips
Note the XABCD pattern formed. Crude is at the highest selling point It is advisable to use a put now at this level, as crude enters a bearish market
I have not seen such bullish candlestick patterns for a very long time now... The weekly chart had an amazing weekly candle where it is a T type doji, with indications of massive upward momentum, pushing with upward pressure. This comes in tow with two or three previous long tail pattern, and the weekly close is highest in the past 6 weeks. Weekly MACD appear to...
Short term analysis: Price comes to previous high range of 7.00 dated 08-Dec-2020 1) Price has divergence with Bull Bear Detector (BBD) : higher price but lower BBD candle 2) Price has divergence with Smart Money Flow (MI02b) indicator : higher price but RED bar in MI02b (profit chip) getting lesser, this may indicates traders are selling off for profit! Mid...
Houston American Energy Corp., an independent oil and gas company, engages in the exploration, development, and production of natural gas, crude oil, and condensate in the United States. Its oil and gas properties are located primarily in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. As...
US OIL MARKET BREAKDOWN USOIL returned higher as expected but before hand it dipped lower than expected. Things got a little rocky at the start of the week where we original longed at 103.60 which took us out fairly quickly. USOIL dipped even further and we were able to enter at 99.20 and then exit our trade at 109.00 around 6 hours ago for a massive 980pips...
Uk Oil made a steep drop to the support level / trendline and then made a double bottom with bullish divergence. Based on the above we can expect the price to gather bullish momentum this week to clear 112.7 and achieve 116.30 initially.
Oil has been rising as expected but the markets will close for the weekend and they will open on Monday... There are some traders out there (including myself) that dare take this kind of trades. Make sure it's a small amount and i high leverage (hero or zero- small special account) Do not try this at home.. Will the prices open Higher or Lower during the...
Its Sell Time for Current Month WTI Crude Oil, Will See Huge Selloff Today May Touch 107.10
Sometimes, trade ideas can be simple. A routine sell from just under the big-round-number of $110.00 in USOIL should do the trick. Here it is: 1) Sell USOIL from $109.89 the first time price approaches this level 2) Initial stop loss at $110.09 3) Profit target of 20 pips (1:1 risk vs reward) @ $109.69
Oil has extended gains, breaking through $106 and currently testing $108. We appear to be feeling out the range between $100 and $108, but there is a bull bias, and the Kovach OBV has picked up notably. If we are able to continue the rally, there is a vacuum zone to $111. We do appear to be facing resistance at the moment, confirmed by some red triangles on the...