Double bottom formation on 1D with pinbar and inverted pinbar confirmation on BB and support. Pinbar and bullish momentum candle on 1hr. Wait for break above resistance for double bottom pattern before entry.
Head and shoulders pattern emerging on 1h time frame. I am shorting looking for the drop to continue.
keep selling this until 70-75 dont listen to the noise
The dollar is weak, I'm expecting Oil to drop from current levels. Targets: 89.500 | 89.000 | 86.830 A rise above 92 could see Oil shooting back to 100 , but I am expecting downturn first based on current trends. Be mindful of the Jackson Hole summit this week it, it is sure to affect the price of Oil, and be sure to like this post and leave a comment below!
all most respect the the levels, price action is beautiful today was good trading day those who make profit .
Usoil giving a positive move towards our d point using Gatley harmonic using 4hr. Expecting 500 pips sell after 200 pips buy
USOIL SELL almost complete, wait for it to complete or alternatively open a sell limit.
Sell it today. Price will go above 91,32,do not use entry line as trigger. Wait for false breakout and when price close agressively under entry line on 30M TF enter with next candle open. I will update this idea when entry conditions are met. If you follow me, you will get the message. Wish you good luck.
Crude oil's 4-hour level entanglement has emerged tonight after the second buy. Do more in the direction of the trend after the deduction.
If the price of oil does not find support here, it could easily fall to the $70.00 level to the lower trend line. Down there is bigger support, and from there, the next bullish impulse could start.
Good afternoon - Tag of mth mid 91.99 - from 88.13 watching 89.43 (Long Term Bull/Bear mid level to .382 / 79.98 red/dashed below ) Fib retrace would break down to .18 /mthly 88.13/.618/ 88.01 support test. If a R shoulder bull (IHS) shows up at B then ride it like you own it - keeping an eye out for 8 pm est pivot . Good Luck - keep your stick on the ice...
Monday, 22 August 2022 21: 03 PM (WIB) The price has been falling down so sharply into the strong support area.
We continue our bearish stance on Crude and would like to see recent low being broken through to continue with decline.
#OIL.... market have supporting ar a arround 85.60 That will be market key level and most important area of the week... Because below 85.60 next target will be 68 arround .. Stay sharp guys
Looking for incoming long position on oil, Oil will drop into resistance then either break through and drop or follow the 1h trend and spike up. As soon as we see the signal that oil has touched resistance than I will open a long position with my sl being below resistance. please give any advice as it will help, and you overall opinion on oil and my...
USOIL on the 4h chart bounced over a monthly support. The market after the test of the 86 level is now trading below a minor resistance. How can i approach this scenario? I will wait for the EU market open and if the market will break above i will set a nice long order according to the Plancton's strategy rules. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
A close above 92.20 level may cause bulls to send crude oil price above $100 with a potential reversal level at 98 circa. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades