WTI (Crude Oil)
WTICOUSD, Sell on H1.H1:
- Structure: Downtrend
- Tendency: Strong downward
- Below resistance daily
- Tesst resistance daily-> Give signal on H1
=> Sell
( Continuous downtrend )
WTICOUSD, Sell on H1.H1:
- Structure: Downtrend
- Tendency: Strong downward
- Below resistance daily
- Tesst resistance daily-> Give signal on H1
=> Sell
( Continuous downtrend )
WTI CRUDE OIL - DAILY CHARTThe next support is 51.157 and then 44.232(likely end wave C (2)). The buyers are here.
WTICOUSD, Continuous downtrend: Sell H4:
- Structure: Downtrend
- Tendency: Strong downward
- Below resistance Weekly
- Tesst support H4-> Pullback
=> Waiting signal=> Sell
( Continuous downtrend on H4: Swing trading)
WTICOUSD 3.29% decrease followed by 18% increase...WTICOUSD 3.29% decrease followed by 18% increase. The rate correction level is 60.1 usd. I'm waiting for this level to test back and then rise. I expect a rise in a double wave structure with a first resistance level of 66 usd. The current motion target price is 70.8 usd.
WTICOUSD exchange rate before 9% decrease... The WTCOUSD correction level is 55.69 usd. I think that this level is tested by the exchange rate. Then I expect an additional long-term rise.
Down?Price has stalled and we may be seeing a H&S. Multiple rejections before 65.00 could be a sign to take a dive. Price would need to break 66.00 with conviction to signal a bullish continuation.
watch the channel for potential wave 4Recently Ucad has been quite stubborn. Therefore I look to oil to help make sense of it. what I'm looking at is a potential wave 4 forming on both the primary and intermediate degree. I' ( looking at further upside in oil prices up to around 67.15$ per barrel (next support level).
WTICOUSD SellHi All ,
Price broken down from rectangle range , with Bearish engulfing candle . Sell till next support as Tp1 and Tp2 D1 uptrend channel trendline .
Sl to entry .
Many Thanks.
