✅CRUDE OIL will be retesting a resistance level of 72.72$ soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Usoil sell side momentum changed to buy rally base rally mode 1:2 RR Follow MM , RM
This is Part 1 of the Weekly Forex Forecast SEPT 16-20th. In this video, we will cover: S&P500 NASDAQ DOW GOLD SILVER US & UK OIL Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do...
Here is my latest structure analysis and important key levels to pay close attention to on WTI Crude Oil. Vertical Structures Vertical Resistance 1: Falling Trend Line Horizontal Structures Resistance 1: 71.46 - 71.90 area Resistance 2: 73.80 - 74.30 area Resistance 3: 76.00 - 77.60 area Resistance 4: 79.60 - 80.16 area Support 1: 63.80 - 65.70...
Crudeoil forming inverse head& shoulder pattern Looking tgt 6000++ very soon...👈
Crudeoil is making inverted head and shoulder on 1 hour time frame Weekly time frame is downtrend Crudeoil trading at weekly strong demand zone Target we may see 6072 and above that 6279 This chart is only for educational purpose. Do your own analysis before taking any trades
DISCLAIMER: This is not trading advice. This is for educational and entertainment purposes only to show how I view this market. Trading involves real risk. Do your own due diligence. My COT strategy has Crude Oil SETUP for longs if we get a TRIGGER (Confirmed bullish trend change). But what do cycles have to say about this long trade idea? Cycles suggest that we...
We can only take what the market gives us. We can control the market. We can only control our stop loss and manage the risk in our trade. Hopefully, we get the full 5 waves out of this trend. That would be an awesome payout! Link to this strategy in my profile :)
Based on the support of US Crude Oil, this setup is look to rally upward that could happen this Wednesday of FOMC news. Entry: 70 Take Profit: 72.00-74.00
Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist (UK OIL / Brent Crude Oil) based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at...
Crude oil is now up for the third day after finding strong support around the $65 area. Now near $70, could it resume lower from here? It is important that that blue shaded area around 68.80-69.00 now holds as support if prices dip, otherwise we may see the bears step in on oil again. From a macro point of view, demand concerns continue to linger. Unless we see...
Market Analysis: Crude Oil Price Recovers Crude oil is recovering and might rise toward the $70.25 resistance zone. Important Takeaways for Oil Prices Analysis Today - Crude oil is recovering losses and trading above the $67.00 support. - There was a break above a connecting bearish trend line with resistance near $67.00 on the hourly chart of XTI/USD at...
✅CRUDE OIL keeps falling In a strong downtrend and Oil is locally oversold so after The retest of the horizontal Support level below at 62.50$ We will be expecting a local Bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The weakening labor market has reduced risk appetite in the markets, triggering a drop in crude oil prices toward the 67.50 level. Additionally, OPEC+'s crude oil production in August decreased by 300,000 barrels due to declines in Libya and Kazakhstan. However, ongoing supply concerns continue to pressure the commodity. Technically, if the 67.50 support level...
An influx of short bets against WTI crude oil futures is behind the recent leg lower for oil prices. But having already fallen nearly 14% over eight days, bears may want to tread carefully with a fresh catalyst. Matt Simpson takes a look at the weekly, daily and 4-hour chart alongside large speculative positioning.
It was also a bad week for oil. And that’s no coincidence - both oil and stocks work in the ‘good times’ and tend not to work in the ‘bad times’. OK, times are not "that bad" but it's seasonally the worst time of the year (September and October are on average the worst months for stocks over the last 100 years), and there’s the US election coming up to cause...
Hello,Traders! CRUDE OIL keeps falling And Oil is locally oversold So as it is retesting a strong Horizontal support level of 66.74$ I will be expecting a local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅CRUDE OIL is about to retest a key structure level of 66.94$ Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a...