The right range of purchases with a risk to the right reward! Stabilization stop below 76,800
Buy oil at around 79.3. Ultra-short-term trading shows that there is huge support below.
The recent death of Iran's President might initially impact oil prices due to concerns about Middle East instability. However, this effect is likely to be temporary for several reasons: Limited Presidential Power: In Iran, the President's role is more executive, with real power concentrated in the hands of the Supreme Leader. Therefore, the President's death...
Buy looking momentum for usoil upside breakout needed before FOMC ... stay strong with this hold
Could this be a possible buying opportunity for USOIL? Based on Daily TF, the market is currently stuck in a corrective range. The 2HR TF is showing a reversal chart pattern as there is added confluence of RSI Divergence. Let's see how this is going to play out.
EUR/NZD Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it,...
WTI long D bullish pin bar 4H inside bar (Red, Orange & Green ) inside bar bullish fakeouts keeping stop trailing alone with market move showen 1st STOP then 2nd Stop 1:1.5 R:R. More than 2nd entry is there with a minor risk keepking eye on FVG if goes to fill that order block can have more profit or more loss Let C what comes.
Equity Markets Navigate Macro Scenarios Amid Interest Rate and Stagflation Concerns Equity markets navigate various macroeconomic scenarios as investors weigh the risks of prolonged high interest rates and potential stagflation. HSBC suggests that greater clarity from the Federal Reserve, even if leaning more hawkish, could ease market pressures. Strategists...
According to the movements that USOIL has already expected, according to the analysis of the Fibonacci lines, in this range, WTI is going to go up and touch the specified targets.
quote larry williams: "daytrading is just price price momentum." there is not a strategy that works all the time, especially the fancy looking ones like ICT buying in a "value area" are very frustrating to trade. WHY not simply buy and sell levels that every algorithm sees and trades? prior day true range (from open to close) has usually a good 50% level where...
Could this be the next BULL RUN for USOIL? Based on pric action, the market is reacting to a major level which is just situated nicely at the 0.618 FI level. Possible for this market to head up based on the 4hr bullish presence
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market's volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude...
Oil fundamentals by seeking alpha i cant copy and paste go and see the article and diagram for yourself seekingalpha.com
Oil prices fell early Tuesday after a report that U.S. inflation was higher than expected reduced the chances of a U.S. interest rate cut. At the same time, Opec maintained its optimistic forecast for oil demand in 2024. West Texas Intermediate (wti) for June delivery fell $0.47 to $78.65. Brent crude, the international standard for July delivery, fell 46 cents...
Usoil buy situation in the day chart short term correction completed now looking for buy momentum
Looking at the daily and hourly time frame, I decided to take the opportunity to buy because the resistance area has so far been able to be maintained
May 20th 2024 Fundamental: Were seeing a up tick in Non-comm Long and Short positions being held. Shorts are increasing at a faster pace. The Net positions is positive and holding steady. Commercial (Hedgers) short positions is increasing significantly quicker then Longs, Net position is negative and decreasing/holding. Technical: I'm expecting to see...
Hello, trader. Crude oil continues to operate in the 77-80 range, waiting for a breakthrough and continuing to sell high and buy low Crude oil technical analysis Daily resistance 79-80, lower support 76.8 Four-hour resistance is at 79-80, with support below at 77-76.8 Crude oil operation recommendation: Crude oil was under pressure at the 79.2 mark yesterday...