The market looking for continue ppushing up that make us see strong trendline and good bullish engulfing so i recommend you to take a buy
Rising Flag formed on Sasol after the continuous downtrend. We see price remains below 200MA which makes a nice risk and reward trade for the short. Target remains at R184.52
“We are not addicted to oil, but our cars are”, said a former CIA Chief, James Woolsey. That addiction is on the decline as we pen this paper. Love it, or hate it, but you cannot ignore it. Crude oil powers the planet. When global economy stutters, oil prices plunge. Midway through 2023, crude oil demand appears wobbly on recession overhang and shaky economic...
OIL Crashed Gonna Down side Long Term SetupFrom SAN BULLSFX Team By AQIB JUTT
Watchout for this level. one of my fav chart because it is easy to read and predict.
Hi there, As you see on the chart, OIL has closed below the 50MA on the daily time frame. We need to see a full candle close below 50MA for short. It is still above the 200MA so still a bullish trend up. But we may want to catch the fall back to the main trend. You can see our entry and profit target. Profit target = next support point. Entry Point = Ideally we...
Oil Price forecast for March 2022. In the beginning price at 107.02 Dollars. High price 139.13, low 90.50. The average for the month 107.13. The Oil Price forecast at the end of the month 91.88, change for March -14.1%. Brent oil price forecast for April 2022. In the beginning price at 91.88 Dollars. High price 91.88, low 84.91. The average for the month 88.72....
Prices are on strong bullish momentum. We see the potential for further bullish continuation from our buy entry at 108.95 in line with 23.6% Fibonacci retracement towards our Take Profit at 115.55 in line with 200% Fibonacci Projection . Our bullish bias is further supported by prices trading above our ichimoku clouds . Any opinions, news, research, analyses,...
Hello every one i said about oil 2 weeks ago now i updated this chart and added new idea about oil ok. as you see Oil can see higher prices and after reaching the specified points can fill its inefficiencies and come down on the other hand because in this chart in the weekly time frame we have meditation and all areas of demand have been consumed can fall well...
hello dear treaders any news from oil ? ok.. let me read the chart oil. first of all lets take look at the oil chart We see that oil is rising sharply Now at what price can this price increase continue? No one knows But the traces of investors can be understood from the chart. Of course, one of the factors that has oil rising in this way is the tension between...
the light crude oil breaks a resistance with impulsive and volume look ONLY for the buy signals for next week
as you can see we are in a very strong supply zone that can led to the price of oil come down to 45$ but if that area broke to the upside it could go upside till 110$ so for now we will be just be waiting to broke one of this zones but im more bearish on it than be bullish
The bullish structure on weekly timeframe looks pretty good if you ask me. In the coming day's, i think we're going to see more bullish momentum at the charts. Back to the daily: It looks like price might be heading north soon. The daily demand is about to be fullfilled. In my opinion this is a safe zone for long entry's. And also a great opertunity for...
here is my idea for US OIL good luck TP: 72.55 TP: 73.11 TP: 74.34 TP: 75.65
Wow it was a crazy week for oil..! Quite volatile I would say! However, the market moved eventually as expected, quite rapidly though to significant high levels. I wasn’t expecting such a big rise so soon. Previously we said: “Falling below 65 USD per barrel would give me negative signals relating to an oil demand boost” > Which of course did not happen. Instead...
Throughout the week , the oil market continues to be tight, we note that the bullish trend needs power , so we might see choppy market the next days.
since the idea is based on 30mn time frame, this idea is available only for one day. let's see if the market will give me reason today if you like the post, don't hesitate to discuss it with me or thumble up and follow me thank you