The OPEC+ production cut from two weeks ago is yet to reflect the anticipated consequence in the market as price action appears to be completing the retracement of the previous impulse leg that started a couple of weeks ago. A breakout of the $86 mark this week will be a signal for me to buy the USOil. Risk Disclaimer: Margin trading in the foreign exchange...
A buy may be setting up. The highlighted demand zone is expected to hold, as it caused a bullish break of market structure. So we wait patiently for price to come to our buying zone, then look for bullish price action to confirm and valid entry.
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Video Analysis. Includes Crypto BTC targets. Thinking we are in W5 now and will likely top around $112-$115 EOY.
Taking a look at WTI from a multi time frame perspective. In the video we discuss key levels of support and resistance, the trend, price gaps and a possible short opportunity. As always everything explained in the video in detail, not financial advice.
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Weekly/daily time frame analysis on WTI Crude Oil. Price action, key levels and potential scenarios. Trading recommendations and thoughts. ❤️Please, support this video with like and comment!❤️
Building key support and resistance areas for Oil, which is the main driver of inflation and a big part of consumer sentiment. Plus some thoughts on where it can fall to next...
Good morning/good afternoon TradingView community. Today's video idea is focused on oil as we saw a solid reversal yesterday sellers did their best to get a new leg lower going. Buyers not only stopped the run but put in a solid reversal bar that finished above the 50% point of the previous lower bar. This action has us thinking, could this be the start of a...
XtiUsd WtiUsd UsOil Next Week Idea #WtiUsd #XtiUsd #UsOil
After rising paraboilically in past few weeks, USOIL completed a multi year W pattern and fell down for a correction. After a parabolic move, a market usually falls down to a shallow target level and tries to consolidates a bit before retesting few levels and making its move again in further correction. WTI (Crude Oil) is in the second stage of it. It is right now...
oil drove to $100 due to fear of supply with Russia invading Ukraine. This is the first time oil has hit $00 since 2014, so of course it will not just bust through like we all wish it would. The market needed to correct itself first, pulling back to $90.50.on the 4hr time frame you see a fakeout of the trendline, indicating oil is going to push up some more. it is...
WTI Crude is currently range bound however there is indication of weakness coming into the chart. I'm looking at a potential short opportunity if we get the setup. I need to see a break and re-test of a daily key level. If we break these levels there's a decent price gap we could trade through down to a weekly key level. Not financial advice.
In this video I breakdown the latest AriasWave interpretation for WTI Crude. -It would appear that there are some big moves ahead as we head into 2022. -This particular Wave D is the most complex Zig-Zag which is the same for the Dow Jones. -We could either be seeing a top forming now for Wave D or it could be happening very soon. -This analysis helps provide...
Price has invalidated the right shoulder OB I highlighted in the previous video. It has reacted off of the "head" OB, forming a double top, formed an engulfer, and is now retesting the base candle. This may lead to the bearish PA I was hoping for.