OIL - Classic bullish setup - Our team expects pullback SUGGESTED TRADE: Swing Trade Long OIL Entry - 92.83 Stop - 84.84 Take - 104.78 Our Risk - 1% Start protection of your profits from lower levels Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
WTI broke the pattern, made a retest and started an uptrend. As perfectly predicted!
USDWTI D1 Pretty much everything we are scouting out is on this higher timeframe, really trying to understand market bias and direction (USD bull continuations expected) before diving into the LTF entries (H4/H1). Nice area of D1 supply and S/R here on WTI. Targets of $85/b with a little over $2/b stops gives us over 4R potential.
Oil daily is testing the resistance which was an extremely key support level for such a long time. A rejection here with oil off this resistance could give some insight into the possibility of recession in the coming months. Some say the recession has already started.
USOIL is tracing out a trianlge in wave X (Minute degree). The risk is to the down side.
USOIL is expected to decrease 6.29% : Enter a short position
Enter USOILSPOT with a market execution order. Price closed below two support levels. After the close, support became resistance level.
Oil/USD I expect around December when everyone is back in vacation+ spending + winter ❄️ That will increase the demand on oil that will push prices back up . Since opec is slowing down the output that will create a demand on oil that will cause a spike . I would wait to buy this one in Nov
Wti is showing us a good reversal from 87 levels targeting at least 150 to 180$/barrels.
100 weekly MA seems to be USOIL's big target. This thing wants me to have a larger description but it's pretty self explanatory. Everything seems to hit ~100weekly MA at about end of SEPT.
USOIL appears to have completed an ABC running flat continuation pattern. I did initially think a bounce may be on as it drifted sideways but the first star followerd by downside acceleration showed that the dominant trend has probably re-established and its to the downside. Second star shows upward pressure is too weak to hold as it did before. Hugging the...
WTI looks amazing, right, in the end its all worth it your sleepless night all your sacrifices, you know you want go future , you work hard, in the end you will be one of the best rare breed.
WTI long postion exit.. as trader you as see same pattern again again,, its like flow,, you know where is going,, you able to predict price where it hadding for it come with lots of information after filter it become knowlage.
Crude oil seems to be finally breaking out now with strong buying
Hello everyone. Fear of recession has been the major concerns of investors. By looking at the bumpy Us 10y yield chart, it has dropped from 3.48% to the current 2.67% . Obviously, the focus has shifted from supply chain issues and inflation. TVC:US10Y Now, bullish oil buyers are worried about the future economy with the recession looms. The negative oil...
My prediction for this symbol is bullish and the price may continue its uptrend until the predicted level.
LONG USOIL 1H Bullish Engulfing on H1 Resistance acting support #week09assignment RR 1:1