XTIUSD, this is our third entry, price currently showing strong bullish behaviour, expecting price to grow steadily. Also, we have news on this coming Friday on NFP, depending on that news if news does come out in our support then we can reach our target one area. Please, keep in mind to take extra care while trading OIL as it has same risk factor as gold. Good Luck
Hello Traders! This is my idea related to USOIL H1. I expect that the price will go bearish as it retraces from the resistance level of a bullish channel and I expect a retracement until the price of 79.000 as we have the FIB resistance levels. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to...
Crude oil trading analysis The oil market was mixed and volatile last week. The Red Sea shipping crisis has drawn attention, while an increase in demand forecasts from the International Energy Agency has also caused market volatility. Although WTI crude oil futures fell slightly, the overall trend showed a weekly increase of more than 3.88%. International...
**Monthly Chart** Last month's candle closed Bullish suggesting the trend to continue moving higher towards testing MC level of Oct 2023 at around 90 level. This month candle continues the bullish move and now moving near the low of Oct 2023 bearish MC at around 80.79 level. If the price is able to break this level, then next target will be around 90 level. ...
The oil keeps breaking higher high bullish market structure you can take trades on a retracement at 1 hour, 15 min timeframe until market respects higher low
USOIL is trending up on the 4H time frame, we are looking for an entry point at the 61.8% retracement level with targets being the current price swing high and a 50% measured move. SL below the previous swing low.
West Texas Intermediate US Crude Oil prices oscillate in a narrow range, just above mid-$80.00s during the Asian session on Friday and remain well within the striking distance of the highest level since November 6 touched the previous day. Formally unified as a republic in May of 1990, Yemen has become the main character in the continued story of oil prices....
Crude oil is currently facing resistance on a 1-hour time frame. We've established an upper and lower zone for trading. On the weekly candle from last week, the price closed above the previous week's level, which indicates a possible uptrend towards higher levels around 83. If there is a significant gap in the price on Sunday, we should watch for how the...
Crude oil fluctuated upward on Wednesday, with a minimum of 77.5 and a maximum of 79.8 that day. The daily line closed at 79.5. From the daily line, the oil price has reached the upper track. Today, the focus is on the 81 line. If it rises to around $81, will there be strong resistance above? As far as the current trend is concerned, the price of crude oil has...
Usoil looks like was under this pattren now we have best selling opportunity we can hold upto 76.60 to 73.52 its signal dont miss more updates stay tuned Usoil Sell Entry Price 78.16 Take Profit 76.70 After Break This Level Next Tp Possible Take Profit 75.47 After Break This Level Next Tp Possible Take Profit 73.52 Its Last Tp
Oil has currently fallen below the 77 support. It is currently undergoing a short-term correction. The previous support point has turned into a resistance point. The resistance range is 78-78.3. Currently, oil is still oscillating in the 77-78 range. So now we change our previous thinking. If you reach the resistance range, you can choose to sell If you don’t...
In the short term, the oscillation pattern of crude oil and fuel oil futures may continue On March 12, crude oil varieties fell as a whole yesterday, especially fuel oil futures fell significantly. 1. The weakening of macro factors has hedged the benefits of OPEC+'s extension of production cuts. The weakening of oil prices has led to the decline in the support...
Hello traders, In the last few weeks, USOIL is continuing to rise from the bottom and making a bottom reversal smiling curve. Now it is facing some troubles. It finished a bearish candle last week on weekly chart which make it slowing down to rise. Once usoil down to test these levels, on weekly chart it will surpass the EMAS and looks like a weekly sideways...
According to the current trend of crude oil, the price of crude oil is basically fluctuating at 77-78 US dollars. At this stage, the crude oil price reached 78.6 and was unable to break through due to resistance, and then fell again. As far as the current trend is concerned, the crude oil price is oscillating at 78 US dollars. Please pay attention to my signals...
There is a series of negative news for crude oil. Crude oil is currently around 77.6. After the decision to extend voluntary production cuts into the second quarter was announced, oil was sold off, indicating underlying weak demand. What is even more worrying is that Russia agreed to voluntarily cut production last year, and then voluntarily cut production by...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
For crude oil on Monday, focus on the first-line support of 77.0 at the bottom and the first-line resistance of 80.5 at the top. At the same time, pay attention to the upper and lower breakthroughs before making changes. Crude oil operation suggestions: 1. Go short after rebounding near 80.5, stop loss 0.6 US dollars, target around 78.5-77.0; 2. Retrace...
Crude oil trend analysis, easily make money for you The overall trend of crude oil rose and fell back last week. The expected strength did not appear, but the upward trend has not changed. As long as crude oil price does not fall below 77 US dollars per barrel, the oil price will still rebound, and the weekly negative closing means that there will definitely be...