✅CRUDE OIL is going down currently As the pair broke the key structure level Which is now a resistance, and after the pullback And retest, I think the price will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
let oil drop to 85$ or 80$ it will reset the indicator on oil and make it ready to bullish above 160$ on winter season end of year 2022 BS Europe and other countries can get away from Russian oil and gas take a lot of money and 3 years to build new oil distribution from other country
Hello,Traders! NATGAS is going down now But a strong key horizontal support is ahead So I think that after the retest of the level We will see a rebound and a bullish correction Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hi Traders, Interesting price action on crude oil. On Friday we saw a massive sell forcing price back below the support of 114.46. Price created a very strong bearish engulfing candle and I would like to see price now retrace before looking for shorts. We have seen the price of oil rise heavily over the last few months due to the shortage of supply as well as...
BP. (BP.) Short Term We look to Buy at 390.00 (stop at 373.30) The medium term bias remains bullish. The trend of higher lows is located at 377.50. Dips continue to attract buyers. Our overall sentiment remains bullish looking for higher levels. Our profit targets will be 455.50 and 480.00 Resistance: 396.00 / 419.35 / 456.00 Support: 377.50 / 364.10 /...
Natural Gas (NG1!) broke below its 1D MA50 (blue trend-line) last week for the first time since February 11 and upon the first re-test as a Resistance, it got rejected. This indicates strong sell bias on the medium-term. The likely target is the zone within the 1D MA200 (orange trend-line) and the 1D MA300 (green trend-line) or when the 1D RSI turns...
As expected, correction in progress. Will be tracking very closely as in our opinion energy stocks will provide an amazing opportunity in the future. Whether its coal, uranium, oil, or natural gas we all need to realize the amount of energy the electrical world will need. Pay attention...
On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will rise from our 1st resistance at 112.51 where the horizontal swing low support is to our 1st resistance at 111.17 in line with the horizontal swing low support. Alternatively, price may head for 2nd resistance where the horizontal pullback resistance and 50% Fibonacci...
This is a very good Risk:Reward setup for shorts, price is making a lower high on much lower volume. MFI is already telegraphing decline. Expecting some -20% up to -25% from here. Have fun.
Good Morning, Here is what am looking at today. Will it really play out? See you during my live trading session at 8:45am EST (Mon-Fri) Kings.
Among the fears of an economic slowdown Chinese closure, and waiting for demand levels to return Oil loses about 12% from its last peak And a wave scenario is expected to test the area of 107/105 dollars a barrel in the coming period
Type : Bearish Drop Resistance : 8811 Pivot: 8648 Support : 7989 Preferred Case: On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 8648 in line with the pullback resistance and 23.6% fibonacci retracement to the 1st support at 7989 in line with the overlap support and 161.8% fibonacci...
Hi friends, I hope y'all had an awesome weekend and ready to tackle this week strong ;) Today, we looking at a possible bearish trend here on the daily. This trend signal is derived from the monthly where the price is in the bullish half a bats L2 formation that will bounce off or retest the 8 m.a before continuing the patterns trend to its 3rd level. So we are...
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
The price follows inside the descending channel, this might bounce in the low previous day's price and then go looking up near resistance. Finally follows his bearish ride until reaches the next support in the trending line.
Pair Name : USOIL Time Frame : 15 Min Analysis Type : Scalping Trade -------------------------------------- ➡️ Main Support Level : 106 ➡️ Main Resistance Level : 116.60 ➡️ Time To Entry : After Break Out The Area And Test it ➡️ Target : 116 - 118 ➡️ Stop Lose : 150 Pips After Break Out And Test
Let us see how far market will go. Thank you. Please, like, share and comment.