Hey there on 1htF the USOIL will look at this level from 78 to 79 and then go upside and downside will touch 77
you can take long position from 77.5 to 78 with proper risk management. According to my strategy i see buy from here
XTI/USD is rising towards the pivot which acts as a pullback resistance and could reverse from this level to the 1st support. Pivot: 80.16 1st Support: 77.93 1st Resistance: 81.91 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 may not be...
📊 Due to the reduction of selling pressure in the market, if the range of 80.5 units is broken upwards and the price stabilizes above it, the price may increase to the range of 82.0 units🎯, and in the case of the strength of the range of 84.0 units🎯🎯. 📊 Otherwise, the price may fall to the range of 76.0 units.
Price bounced twice on the trend support, forming a W pattern on both DAILY and 4H. Look for good entries around the 80. level
We could proberly see a potential buy for USOIL this coming week. Will be watching for an opportunity on lower TF . Feel free to share your views
Yesterday's market fell to $77.75 in Asia-Europe trading began to rise to yesterday's highest point of $79.30, the lowest point to the highest fluctuation range is $1.55, and Wednesday's new low and yesterday's rise, that is, $76.36 May be the end of 3 waves, but also the end of 3-5 waves. Is it that today's market can rise to break $79.47, broke can basically...
If oil can establish itself in this green zone, which is a strong support, we will see an increase in the price in the coming days and weeks. The most distant target we see for this will be $186.32 and $193.48, which will support higher prices. It will be the following information. If it breaks this support, it can correct up to the prices of 73 dollars and also...
✅CRUDE OIL is going down to retest a horizontal support of 77.00$ Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 78.81$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
A comprehensive analysis of the oil market reveals compelling evidence of robust demand signals, particularly evident in the price range between $75 and $76. This strong demand dynamic poses a formidable barrier to price decreases in the medium term, underscoring the resilience of oil prices at this critical threshold. Anticipating a surge in demand and...
Usoil broke out of the ctl inner ctl i am short back to that demand zone as the third touch of the trendline has held and also Fibonacci and minor level with head and shoulder pattern
We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 50 pips and close half trade the price need to break the trend line
Hey Traders, in the coming week we are monitoring USOIL for a buying opportunity around 78.70 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 78.70 support and resistance area. Trade safe, Joe.
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. US-OIL QUICK UPDATE. 📚 👉As we can see US-OIL price is still overall bullish as we mentioned in our previous attached on the chart, we are interested in looking for new longs as a trend-following one. 📚 👉Meanwhile, price...
unexpected rise in US crude inventories further soured the sentiment on rising demand concerns.The price hit the lowest in almost two months, with fresh acceleration lower signaling continuation of larger downtrend from $87.61. Technical Analysis On Friday, oil hit 200 SMA , at 79.8, but quickly being pushing back to the support level at 77.7 Further Drop...
A "bullish Bat" is a harmonic trading pattern that traders use to identify potential reversal points in the financial markets, particularly in stocks, forex, and commodities. It's part of a group of patterns known as harmonic patterns, which are based on Fibonacci retracement and extension levels. The Bullish Bat pattern is characterized by specific Fibonacci...
Keeping an eye on the USoil prices breaking above 120.00 and 140.00 could be a good strategy for potential market growth, and reaching an all-time high would be a significant event. It'll be fascinating to see how the market evolves in the coming weeks.