TVC:USOIL USOIL SELL 70.55 TOP 69 The economy is slowing down and oil need is also reducing. The resistance is at 70.6 and Very strong resistance at 71. So it can go down and long term perspective oil will go down until and unless OPEC makes the production cuts in the oil.
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Traders In This Chart XTIUSD HOURLY Forex Forecast By Forex Planet today XNGUSD analysis 👆 🟢This Chart includes_ (XTIUSD market update) 🟢What is The Next Opportunity on XTIUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
As we have seen in gold that gold has formed a triangle patteren and now if we see at Crude Oil its also forming this wedge and has complete its E wave after completion of ABCD now it will be going Upwards so we will buying this commodity after it breaks 72.89 level and price sustain there then it will be a bullish move to 73.74 price level so we wil be waiting...
HI TO ALL THIS IS AHMAD DOIN TRADING FROM LAST 9 YEARS AND GIVING TEACHING FROM LAST 3 YEARS AND THIS IS GOOD AND PERFECT ANALYSIS this is specially to my friend *** FRAZ *** THIS IS 16 march 2023 crude oil
From last weeks market expected a sell on Xtiusd. Price formed a range between$ 80.1 and $77. Looking forward to a strong sell on XTIUSD to continue the 4H candle on Friday 3rd feb, during the NY session. A strong bearish/ bullish candle always has a momentum it follows. NB: a complete reversal off my rejection zone ( Red Box)
The price of oil per barrel will definitely soar high but I see a chance of sell opportunity before its long momentum, currently looking at a clear sell chance for at least $4 price reduction per barrel of oil. XTIUSD is currently trading in my supply zone....so i expect more sells to jump into this market. NB: All eyes on the breakout zone (blue box region) to...
Bearish divergence spotted in RSI Entry @ 81 SL @ 84 TP @ 78
After XTIUSD visited 5th December's supply zone yesterday, the market had a rejection of price value. I'm expecting the price of crude oil to revisit the $70.30 per barrel!
Bearish divergence in RSI Can be observed further to take that trade when the reversal of the trend start Short until 77 which is the immediate support
Basing this trade off of a trendline touch on the weekly timeframe and the weekly 100EMA being aligned. Coupled with the previous high made on XTI's downtrend, makes for solid confluences for an intraday short. I am not expecting crazy pips from the zone but will have a modest target as Friday is profit taking day for institutes. Stops at 43 pips and full tp at...
Trade Wars, Short Sell on XTIUSD on the basis of different principles.
Shorting Crude Oil to a RR of 0.75% to 4.8%. During the opening of the New York's market on Wednesday, there was a strong bullish candle as a result of the strong ADP Employment Change on the US economy, which accelerated the US dollar, this also had an influence on XTIUSD..... Now, i see a perfect time for shorting XTIUSD. NB: i'm expecting a price circulation...
BEARISH TREND CONTINUES LH , LL formations Price took rejection from 61.80 % FIB level, along with the Trendline, acting as Resistance. Currently, price is getting rejected from 78.60 % FIB and Hourly Resistance. In this process, a LL, and LH are created Bearish Engulfing found at LH Strong Daily support lies below, if it is broken, a short entry will be taken.
BEARISH STRUCTURE continuing Shooting star spotted at LH Entry: 99.10 SL: 100.18 Short position
BEARISH STRUCTURE forming Short Position open LH, LL Inverted Hammer and Bearish Engulfing at LH Entry: 100.73 SL: 103
Trend: The current trend of the market is upwards. Short: The decision of taking a short position from here is based on the shooting star pattern. It shows the potential decrease in the price from this point.
Lovely structure on this pair. Failed to break the previous high. We impulsively sold off. After forming a tight bear flag I see this pair falling another $10 at least, as around $95-97 is the lower support level. Let’s seeee