Crude oil appears to be heading towards the PWH. I would like to see the H4 chart pullback and respect discount bullish arrays to then hunt a m15 bullish displacement to get long.
Hello everyone! Here's my take on WTI: OTE (Optimal Trade Entry) Liquidity uptake. An interesting zone. An optimal Fibonacci. No counter-trend. 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment!
📊 Analysis on WTI: 👉 We're at an OTE (Optimal Trade Entry) 👉 Correction is underway 👉 A SOLID Order Block 👉 We're following the trend 👉 Targeting Liquidity $ 🚀 If you liked it, don't forget to boost
Hey there! I'm Buying on WTI: (Second trade) -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment
Hello everyone! Here's my take on WTI: OTE (Optimal Trade Entry) Liquidity uptake. An interesting zone. An optimal Fibonacci. No counter-trend. 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment!
📊 Analysis on WTI: 👉 We're at an OTE (Optimal Trade Entry) 👉 Correction is underway 👉 A SOLID Order Block 👉 We're following the trend 👉 Targeting Liquidity $ 🚀 If you liked it, don't forget to boost
Hey there! I'm Buying on WTI: (Second trade) -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment
Due to delays in production cuts by OPEC countries. Oil experienced a slight decline, but some Arab countries decided to reduce production. So oil formed some support after a brief decline. As a resource product. To a certain extent, supply is also lower than demand, and the other is the promotion of geopolitics, so the operation is still based on buying at low...
Upon examining the WTI (West Texas Intermediate) crude oil chart, we observe a robust bullish trend, accompanied by a retracement to the 78.6% Fibonacci level. This significant pullback warrants attention, as price action appears poised for a deeper correction. In our analysis, we consider historical price swings, taking into account seasonality patterns from...
Dear colleagues, earlier I wanted to write a forecast with a deep correction, but after reviewing the data I suppose that the price will go higher. I assume that it will be wave 2, but for now I expect a small correction to the support area of 78.88. Then I expect an upward movement to the area of 100% Fibonacci extension at 81.85. Manage your capital correctly...
Yesterday, OPEC and its allies announced plans to extend a voluntary oil production cut of 2.2 million barrels per day through June 2024. Currently, the USOIL trades near $80.20 per barrel, and its structure is undergoing a significant change. Since late November 2023, the USOIL has traded predominantly sideways between $70 and $80 per barrel. However, last week,...
Hello everyone! Here's my take on WTI: OTE (Optimal Trade Entry) Liquidity uptake. An interesting zone. An optimal Fibonacci. No counter-trend. 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment!
📊 Analysis on WTI: 👉 We're at an OTE (Optimal Trade Entry) 👉 Correction is underway 👉 A SOLID Order Block 👉 We're following the trend 👉 Targeting Liquidity $ 🚀 If you liked it, don't forget to boost
Hey there! I'm selling on WTI: (Second trade) -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment
Oil (USOIL) is trading within a Channel Up pattern since the December 13 2023 market bottom and currently is on the 3rd Bullish Leg towards the top (Higher Highs trend-line). This indicates that on a R/R basis, there is greater incentive selling with the price being closer to the pattern's top than the bottom (Higher Lows trend-line). As a result we are bearish,...
WTI oil (USOUSD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 79.694 Why we like it: There is a pullback support that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 79.048 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci...
In an uptrend movement, oil will move toward the specified goals with a good probability, and in case of normal movement, around the specified time limits, we can wait for the realization of the bullish goals.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...