Crude oil was suppressed by fundamentals and high pressure. Yesterday, the daily line fell all the way, and finally the daily line closed the negative line. Crude oil currently continues to maintain a wide range of oscillations on the daily line. The 4-hour level trend is also after a continuous decline. The current deviation rate is slightly too large, and the...
After analyzing the 4-hour chart of crude oil, it is found that yesterday's market first fell and then rose, rebounding after reaching support near 78. In the short term, it has broken through resistance at 79 and 80 and now support has formed around 78 and 79. If there is a substantial breakthrough and stabilization around 81.5, there is a high probability of...
Welcome . oil market. in a very negative state. With the price reaching strong support 77.50, and breaking the pattern. double bottom, there is a lot of pressure from sellers to downgrade the market. To 75 levels in the first stage. And level 74 good luck. Note: If you like this analysis, please give your opinion on it. in the comments. I will be glad to share...
oil is about to retrace back to 76-78 zone be realistic and never enter before confirmation in LTF I am not your investment advisor, enter at your own!
Peace be upon you, there is a high probability of oil rising with the formation of the descending channel. Now he is correcting the golden ratio of Fibonacci 61%. We have two very positive candles in the four-hour time frame
Oil failing to breakout higher here, suggests that we are likely heading much lower.
Oil looks bearish on the weekly timeframe and next month looks bearish with possible new lows to bottom area 60. Oil on the weekly timeframe is in a descending downtrend channel and currently rebounding back from the upper channel of the downtrend at the resistance and supply zone at area 82 and already this week broke previous two weeks lows.
1. Weekly bias playing out 2. 4hr just closed with large top wick exhuastion at pre-planned level 78.7 3. Bear Momentum, Wicks get filled in momentum 4. High Volume time
Another Sell Position here. More Sell positions 3:1 RR back down to support.
Chevron looks like it is about to rollover after creating a new high, along with announcing a buy-back program. Not really much else to say....? bye ✌️
Expect crude oil to fall. We wait until it hits the area 82 Its great resistance for dropping oil.
Crude oil💥1D -TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥Oil I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
NYSE:XOM PEPPERSTONE:NATGAS Oil stocks usally follow natural gas and the price of oil pretty closly. this makes sense since they sell oil and if the price of oil goes down then should the stock selling that oil. recently this has not been true as the price of oil and Natural gas have fallen Oil companies are not falling but why?? i belive this is because of...
Our priority view in CL remains the same. A downward move could take Oil prices to the first target of $62.92. If the CL price rises above $81.72 our scenario will change.
In December, the price of gold moved through a volatile uptrend but did seemingly reject at $1,819. However, a daily candle managed to close above this resistance zone on the last day of 2022, which has been followed by a continuation to the upside at the start of the new year. Although the volatile uptrend pattern appears to remain intact. Currently, XAU/USD is...
The chart shows the downtrend. After breaking for the second time the support of 78, it will test 74. We will see if it bounces towards 85 or we go to 70 Technical analysis: daily time frame The RSI is bearish . DISCLAIMER: This review is not intended to encourage the buying or selling of any particular security. Furthermore, it should not be the basis of any...
USOIL CRUDEOIL sell SHORT thick stop loss RR 1/10 FIBO 61.8 retrace from main down trend