Oil Buy Limit n@ 37.50 Sl: 36.50 TP1: 39.00 TP2: 40.50 TP3: 41.50 TP4: 43.00
Daily Us Oil Forecast and Analysis November 2020 : US Oil Going Down
Looking forward to a break and retest of my trend line.
looking for strong bounce near the previous support zone. stop level : wti <36$ , brent <38$
If my trend line holds then short we go. Lets see. Confirmation is crucial
Oil Still looks Bullish to me. But, I think it needs to get down to support before it's going further highs. Apparently, Hedge funds have decreased their long position in OIL in recent days. It doesn't straight mean it will fall and scenario changes to bearish. I would rather be a buyer for a longer-term target of 45$-49$ when it gets to some support which...
oil seems way oversold. expecting price to go up very fast , if markets can recover once again.
Oil setup. Expecting Oil to finally break and reach $45. Follow for more setups.
Hello traders this is my analysis for a long setup on Oil. I'm expecting a retracement to previous resistance followed by a bullish move to previous highs. Target may be adjusted if this has long term potential. I will update as necessary. If you like this analysis please follow for more ideas.
Waiting to see if price can hold above 40USD on Monday, then look for a buy signal. The triangle pattern forming looks very bullish. Please also look at my char attached for a long term view on how I think oil prices will develop.
IN OIL WE ARE EXPECTING BEARISH MOMENTUM IN THIS WEEK NOW 40.5/41$ LEVEL IS IMPORTANT FOR DOWN SIDE TARGET 37/34$. THANKS
With June right at the corner, and this month staging 87% recovering in the black gold market, prices have unfortunately found a strong level at the $34 handle. The WTI index has struggled to cheer the USD's weakness and is currently trading in red in the Asian session with a correction of 1.5% from the Thursday session. Investors' sentiment is dampened amid...
All, Same setup as DNR and QEP... and this one just re tested support marked on my chart. Still of the three I would go with QEP due to how badly it beat EPS thats a really strong sign they have made adjustments and are going for it in my mind.
I would put a stoploss around 1.70 Long positions should be put from 187-175. Like and Follow the post, for long long term targets.
US OIL BUY @15.00 SL: 10.00 TP: 20.00
You will learn the best place where we can trade OIL at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends push the like button if you like the idea - that would be the best THANK YOU. Thank you for your support, I Love it.