According to chart analysis, we have an indicator for a short position.
Crude still did not break the daily trend. Price still need to break 95$ to move further
www.tradingview.com www.tradingview.com www.tradingview.com Oil has ta supporting both a breakout up and down. The 4 hour appears to be the best to view the price action. Will enter long or short based on which directions the market chooses.
Hello traders! ⁉️This is my analysis on USOIL . Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action from here as price rejected from psychological level 92.00 + FIBO OTE level (0.705). My target is sell side liquidity. Like, comment and subscribe to be in touch with my content!
hello traders as USOIL and USDCAD is correlated heavily and inversely we can get an idea about how usoil will move based on usdcad wave structure based on the wave prediction below for loonie it is too hard to believe that at least for some while see bearish move . i think that we should change our mind about continuation of downwad move for wti if we look...
Sunday, 21 August 2022 22:30 PM (WIB) I want to analyze Crude Oil right now to make sure the situation is in the market for tomorrow. The price of Crude Oil start to fall deep when it reached $121,18. And the price starts to stop when it hit $85.70. And it is exactly at the lowest support lines of this ascending channel. It looks simple, but the truth is...
In this chart, I have plotted the ratio of the price of the USOIL ETF over the DIA, which is the broad ETF for the DJI. The chart shows the USOIL ETF has been stronger than the DIA until the market lows in mid June after which the DIA rebounded while hot oil prices cooled off. The analysis would be is that oil prices may be relatively undervalued at present...
My OIL setup Waiting confirmation and long on oil, oil still down trend so should look for sell opportunity
Hello my family I'm looking usoil for next Short 88.00 Long 101.00 THIS chart working for all week
WT long postion intraday, looking for level to test, poc, npoc, buystacked, sell stacked, or pivot points..its good price if react your level...
long postion , looking for short , long postion intraday, long term prespective,,
In fact, that view is one I'd rather favor on my latest crude oil idea. For whatever reasons? Very easily: - Especially since it has been empirically proven in the past that when the USD strengthens, resource and crude oil prices weaken. - an effect which has not yet occurred due to the Ukraine purchase shock and the inflationary pressure. Consolidation has so...
As you can see Crude Oil as completed it's impulsive correction and has began heading towards breaking out of the patterns drawn which have been accumulating since June. It has also found itself above a resistance level from Oct 21' which looks to be holding like support. It's also just below it's daily 100 EMA which if tackled would help this case. Ultimately...
Oil - in my opinion - is finishing the correction phase with abcde wave of a ABCDE wave (of a C-wave). Until it reaches 81.5.
We look CRUDE OIL Short from 92.00 TP target 85.00. trade your own risk. if you think this analysis helpful to you then please hit the thumb button and follow us.
Price making a QML, after retracing to its QML area, price dropped to imbalance area then push up to its previous high