WTI H1 / Opportunity for a Short Trade 💲Hello Traders!
I see a good opportunity to execute a short trade on WTI H1. I expect the BOSS at the price of 77.80 to be taken, and in case of retracement, I will look for a short trade entry.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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WTI H1/ Bearish Market Continuation, SHORT TRADE SIGNAL !💲Hello Traders!
This is my idea related to USOIL H1. According to the market structure, I expect a continuation of the bearish market, and at the moment I see a good signal for a short trade as the price reacted from the OB.
My target is the level below the BOSS.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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WTI M15 / Retracement from the FVG H1 / Long Entry ✅Hello Traders!
This is My idea related to WTI M15. I see a retracement from the FVG H1. I see this as a good opportunity to execute a long entry. My target is OB at the price of 76.300.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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WTI H1 / POTENTIAL LONG ENTRY / OIL IS GOING BULLISH 🛢Hello Traders!
This is my forecast for WTI H1. I see another retracement from the bullish channel, considering this an opportunity to execute a long entry until the resistance level and above the Previous Day's High.
If confirmed, I will execute a long entry.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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WTI → Oil prices drop as the USD recovers, OPEC cutsThe outlook has turned bearish for the WTI. This is mainly because the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) reside deep in negative territory and as the price is seen below its 20,100 and 200-day Simple Moving Averages (SMA). This indicates that on the shorter and broader scales, the sellers are dominating.
Resistance Levels: $75.00, $76.15 (20-day SMA), $77.00
Support Levels: $72.80, $72.30, $71.00
WTI → Prices dip ahead of OPEC+ delayed meetingBLACKBULL:WTI is set to consolidate at around the $75.00-$80.00 range, after failing to decisively break the November 22 swing low of $73.85, which could have exacerbated a drop to $70.00 per barrel. That said, WTI’s success in registering a daily close above $75.00 could open the door to test the first resistance at the 20-day moving average (DMA) at $77.62 before buyers could lift prices to the 200-DMA $78.06. Further upside is expected once the latter is breached.