We have bullish signal on USOil H1 chart, Risk reward 1/2. Bulls formation is clear, i think they can renew current resistance...
WTI oil (XTI/USD) has made a bullish bounce off the pivot. Could this commodity potentially continue to climb towards the 1st resistance? Pivot: 83.17 1st Support: 81.86 1st Resistance: 85.42 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. Trading Forex and CFDs...
Hey There on 1htF the USOIL has been continue rise upside from on Monday and will recovery upside when slipped highly down on last Friday and now we can see that will Go upside again push upside so here we can see again buy side from 82$ to 84$
I am excited to share some positive news with you regarding the recent developments in the oil industry. According to the Energy Information Administration (EIA), crude inventories took a significant dip last week, falling by a whopping 6.37 million barrels. This decline has sparked a wave of optimism in the market, with WTI prices hovering around $83 a barrel...
On a today's live stream, we spotted a very bullish pattern on WTI Crude Oil: inverted head and shoulders formation after a test of a key horizontal support. We see a confirmed neckline breakout of the pattern. It increases the probabilities that the market will go up now. Target - 84.5 ❤️Please, support my work with like, thank you!❤️
Today On the Daily I am in confliction with bias meaning that it could be changing soon if we repeat another bullish closing day. For this I have dropped down onto the 4hr TF and the most recent 4hr -ob is what I will be referencing as to Bullish or Bearish intra day PA. Scalpers Market atm If you un sure, sit still. We did close above the Daily v.i as I have...
Dear Oil Robbers, This is our master plan to Heist Bullish side of OIL Barrels. My dear Robbers U can enter at the any point above my entered area MA Pullback, Our target is Red Zone Snake Trap Zone. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan...
Pair : Crude Oil Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line S / R Level
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 82.08. Considering the today's price action, probabilities will be high to see a movement to 83.80. P.S Please, note that an oversold/overbought condition can last for a...
Crude Oil Technical Analysis Daily resistance is 83.4-85.7, support below is 80-78 Four-hour resistance is 83.4, support below is 81-80 Crude oil operation advice: Crude oil fell first and then rose yesterday, ushering in a deep v bottom, rebounding and breaking through the high. The price of the Asian and European markets was under pressure and fell back to the...
Oil prices have retraced just under 8% from the MTD (month-to-date) high. And it looks like the market is trying to stabilise around a support cluster, just above the $80 handle. The cluster includes the 50-day MA, high-volume node and prior consolidation zone. A small doji also firmed around these levels to suggest a swing high has formed, or very near. A...
Technical analysis on Natural Gas Price Forecast | Oil, Silver, Gold Support and resistance guide
I have always emphasized that oil will fall, and the target is 83.5-84.5. Yesterday, oil reached the lowest level near 84. Now oil has been oscillating back and forth in the 84-87 range. We can still wait for the upper edge of the range to sell. Control your positions reasonably and wait for the right opportunity to trade If you don’t know how to trade, join...
As can be seen from the chart, two great resistance points formed near 87.6, which can mean that the short-term top of oil is slowly beginning to form. The previous idea was to call back to around 83.5, or even reach 80-82. The short-term decline was too fast, so I I think there will be a certain rebound, reaching 83-83.5, and then continuing to fall. The...
USOIL is currently ranging FOREXCOM:USOIL FX:USOIL TVC:DXY , buy opportunity is available. Price action is observed, this is only a trade idea. Use proper risk management. Happy Trading
hey traders we had this move befor and its already Done what u think about the nxt move ? if price can break up the bearish channel and stabilize above the 78.51$ which is 0.5 Fib, there s high chance we go back to the 95$ Also ichi confirmed this move in 1H 2H and 4H TF break up is important
So we have achieved one target for price and that was to reach the Daily V.i and so far London has rejected going higher... Would like to see price head down post 0930est My target is still 80.50 just waiting for price to align with my thoughts is what is most important before pressing the button. At minimum PDL would be a bearish target I don't see why we would...