USOIL - Bearish Head and Shoulders Hello Traders ! The USOIL failed to break the resistance level (80.148 - 79.652). The price formed a head and shoulders pattern. Currently, The neckline is broken ! So, I expect a bearish move📉 ________________ TARGET: 74.450🎯Shortby Hsan_BenhmedUpdated 2424106
Hellena | Oil (4H): LONG to area of 82.000 (Wave "5"). Colleagues, all trading instruments are behaving extremely unpredictably right now due to the situation with Trump's inauguration among other things. I see this as an opportunity to redraw the waves. Apparently now the price is developing wave “4” and will finish it soon. I expect the price to reaLongby Hellena_TradeUpdated 9924
Moustafa! WTI Crude Oil to surge up still to the upside 21.01.25* Broke the weekly and the daily descending line and made already the pullback and intends currently to settle on and bounce from to the upside towards the mentioned TPs * You can enter from the current level at 76,480 or you could wait till 75,059 so you can decide according the price action you foLongby moustafa_mareiUpdated 8833
USOIL Potential UpsidesHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 78 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 78 support and resistance area. Trade safe, Joe.Longby JoeChampionUpdated 7719
CRUDE OIL (WTI) Classic Gap TradeI notice a noticeable gap down opening on WTI Crude Oil, which typically indicates a high likelihood of the gap being filled. Additionally, I am observing signs of buyer strength, such as an ascending triangle pattern on hourly timeframe. I predict that the price will soon reach levels between 7Longby linofx1556
WTI OIL Channel Up emerging, aiming at $90.WTI Oil (USOIL) recently broke above its 15-month Lower Highs trend-line that has been keeping it under a bearish trend and is now naturally pulling back. This technical pull-back is so far within the tolerance levels of a bullish trend. The pattern that making use of this trend is a Channel Up, neLongby TradingShot2219
WTI CRUDE OIL: Buy opportunity on the bottom trendline.WTI Crude Oil remains bullish on its 1D technical outlook (RSI = 58.480, MACD = 1.830, ADX = 66.542) despite the 4 day selling streak, which pushed the price under the 4H MA50. The HL trendline is still intact though, so technically that is a sound buy opportunity, especially if the 1D RSI hits the Longby InvestingScope117
WTI Oil H4 | Rising into overlap resistanceWTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 77.20 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 78.77 which is a level that sits above the 61.8% FibonacShort02:40by FXCM116
Crude Oil Buying Opportunity!WTI Crude Oil is neutralizing the previously overbought 1D technical outlook (RSI = 69.520, MACD = 2.080, ADX = 64.888) as after crossing over the R1 level, it is pulling back under it. Technically this has been mirroring the March-August 2023 fractal and based on that, we should see this pull back Longby Aramis111115
Oil Market Update: Bearish Trend ContinuesOil Market Update: Bearish Trend Continues The oil market is currently facing a bearish trend, with prices experiencing a significant decline. The highest price was recorded on January 15th at $80.73 per barrel, and it has since dropped to $74.50 per barrel, representing a depreciation of nearly 8Shortby KlejdiCuni226