🛢️ USOIL Update: SELL Opportunity Identified! 📉 Direction: Sell 📈 Entry Point: 82.40 🎯 Technical Target: 78.50 🔍 Analysis: The technical analysis indicates a compelling opportunity in USOIL with a clear downward trend identified. Our analysis suggests a favorable sell position at the entry point of 82.40, with a technical target set at 78.50.
Despite Iran's unprecedented attack on Israel over the weekend, crude futures were barely affected Monday. Traders attributed the flat move to expectations that the conflict would be contained. In the short term, Israel's potential response to an Iranian attack is highly uncertain and could determine the extent of the threat to the latter's oil supply. Iran's...
Today's content all points are 2406 US crude oil contract points, because the US crude oil has changed the main contract to 2406 contract, yesterday's market as a whole is basically in accordance with our analysis of the forecast to go, that is, down, the market rose to 84.75 US dollars began to fall all the way to the current lowest point of 82.01 US dollars....
We can attempt to short USOIL from specified level by placing sell stop (also bearish divergence occur at 1 hour timeframe). SL , TP mention in chart.
The crude oil market is as expected. The Asian and European markets are falling. The US market continues to be optimistic about the bulls. The market has tested as low as 80.7. Our stop loss is placed at 80.5. The US market still maintains low and long positions. The lower defense is placed at 80.5. The target is first. See if 82.5 breaks. If it breaks 82.5, it...
After the opening of crude oil yesterday morning, the market rose from the opening price of 86.59 US dollars to 86.94 US dollars, under pressure to slightly back to 86.38 US dollars, and then oscillated slightly up to 86.98 US dollars, which is more than the morning high point up 4 points, to the US market began to oscillate down. This drop just verified the end...
USOUSD is in a correction period. The price has an opportunity to retest the 81.12 and 80.05 support zones. If the price cannot break through the 80.05 level, there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Hello,Friends! We are going long on the USOIL with the target of 84.39 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
The Middle East hostilities have so far not created any substantial impact on oil traffic and USOil (WTI) faces pressure, as fears of a broader Israel-Iran conflict subside. Israel has reportedly retaliated for Tehran’s recent missile and drone strikes, but both sides appear to downplay the matter, diminishing the risk for further escalation. Looking at the...
Pivot 81.50 Our preference Long positions above 81.50 with targets at 82.60 & 83.20 in extension. Alternative scenario Below 81.50 look for further downside with 80.80 & 80.20 as targets. Comment The RSI calls for a bounce. Supports and resistances 83.80 83.20 82.60 82.27 Last 81.50 80.80 80.20 Number of asterisks represents the strength of support...
Oil decreased during London session as we were anticipating from our last Analysis. We are still anticipating a further decrease in the medium term but in the short term here we may pullback. This is what the price action is telling us as we have pin Bar candles on the 1hr and 4hr charts that printed at our 2 daily support level's 81.22 and 80.64. This suggests...
WTI oil (XTI/USD) has made a bullish bounce off the pivot. Could this commodity potentially continue to climb towards the 1st resistance? Pivot: 81.86 1st Support: 80.62 1st Resistance: 85.42 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
Dear Oil Robbers, This is our master plan to Heist Bullish side of OIL Barrels. My dear Robbers U can enter at the any point above my entered area MA Pullback, Our target is Red Zone Snake Trap Zone. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 80.47 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 78.80 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level. Take profit is...
Long profit zones are where sellers would come in to change the direction of the trend. hence if your holding long try to at least hold for TP zone 1 and look for sell in TP zone 1 and TP zone 2
Oil reached a support level again. We haven't broken the rising trend yet, we can expect another rise. I trust that we can also make a small profit with this.
✅CRUDE OIL has retested a key support level of 80.50$ And as the price is already making a bullish rebound A move up to retest the supply level above at 83.00$ is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Bullish indications: Major support respected at 80.76 Double bottom formation in 1 hr time frame. Bullish divergence in 4 hr time frame. Inverted hammer in 4 hr time frame. Fib level 0.618 respected. Bearish indications: LLLH Trade plan bias long @ 81.48 SL:80.58 TP1:82.42 TP2:82.91