Today's focus: Oil Pattern – Support Hold Support – 71.80 Resistance – 78.80 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil. After a solid three-day decline, buyers have put up a fight from 71.80, but is this enough to hold the current uptrend? A break below yesterday's bar with a trend break could suggest that the current...
Clearly we saw less strength in the bearish trend and we focused on market analysis to be able to take advantage of a long and be able to make a small profit on the MCL FUTURES.
Today's focus: USOUSD Pattern – LH after Trend Break Support – 86.84 - 88.00 Resistance – 90.60 Hi, and thanks for checking out today's update. Today, we are looking at the USOUSD on the daily chart. We are continuing to watch price after it broke the last trendline. So far, we have a new LH after the break, with price continuing to push lower in today's...
WTI is the focus for this week. Watch the video to understand how, from a higher time frame, like the Weekly chart, we can find tradeable opportunities on the hourly chart.
Hello There! Welcome to my new analysis about CVX on several timeframe perspectives. The oil market since the corona pandemic supply-shock dynamics has formed a important dynamic and had the ability to form a major rebound recovery with several new highs being formed and CVX having the ability to bounce into a new all-time-high. Now a big part of the dynamic is...
Hello There! Welcome to my new analysis about XOM on several timeframe perspectives. The oil market has shown up with a massive pullback to the downside since the war developments have put heavy pressure on the whole oil market and drove the supply rally within the market. Since then the market managed to recover with a substantial rally moving into new...
Oil is at fresh highs despite breaks in structure. Eye new break of structure for shorting again.
Today's focus: Oil Pattern – 1st leg Pull back Possible targets – 72.75 Support – Resistance – After Friday’s strong move lower, could we see further selling before oil stabilises after last week’s firm rally back to the $80 Handel? That’s the question I am asking in today’s video, and if we do see further selling, we will also be looking for signs that buyers...
NSE:OIL is in the sideways mood and could be a potential two side trade incoming
check out how a veteran trader plans, and places his trades. here in this video im trading gbpusd LIVE
I don't have any fundamental reasons why USOil is selling because I'm not a fundamental trader, but I like the technical analysis of Oil. If the price can stay below 69.60 a barrel, I will be trading back down to the low. I'm grateful for the opportunity to be able to place this trade. Do you trade Oil?
You can skip through the oil as the sound did not come out or watch it as it is self-explanatory with the drawings and the following side notes: ''Bullish above 79.30 alarm set. alarm set 78.67. hard to form a directional bias on this one...BIS in London's sell-off, but D1 longs still in control from LoD (higher low) and could turn out to be an FGD, first Green...
What's your current take on US Oil. This market seems to have really peaked my interest and I believe most of my profits this year will come from oil. Just a quick breakdown of what I see potentially happening for oil.
Are oil sellers gearing up for a push lower? Hi traders. Thanks for tuning in for today's update. After yesterday's fade, oil sellers remain in control today. Today's video looks at the last several day's price action with a focus on yesterday's and today's selling. Was yesterday's fade a warning that we could see a new test lower by sellers? The main...
Hey Guys, Hope you all had a merry XMAS. As I finish the chocolates and Hot chocolates We can bring up a chart.. The current sentiment around oil mixed with former Key PA levels has brought us up to early Resistance for exits / Short Scale ins. Sentiment remains pushing to the upside but NOT strong enough to smash higher yet (along with low volatility Holiday...
The USA is in a political battle over the price of oil with OPEC and right now they are winning, but how low can they go? Not too much lower actually, they need to start buying again to ensure their strategic reserves remain useful and not at risk of dropping below the requried levels to support the country in times of emergency. OPEC $64 - To ensure OPEC break...
WTI has tey again been the trade of the day. The price has broken out of the geometric structure ... more to come...