Hellena | Oil (4H): SHORT to support area of 65.944.Colleagues, I previously recommended moving trades to break-even, and for good reason. It is always necessary to hedge and reduce losses—this is part of professional work.
(Breakeven=Risk Free: Move Stop loss to the entry level).
The price has nevertheless shown a stronger correction, and I now bel
Oil Faces Bearish Turn After Speculative SpikeOil Faces Bearish Turn After Speculative Spike
Since June 24, 2024, when oil prices reached $64 entered a 38-day bullish correction. Based on the chart, this move appears to be forming an ABC corrective pattern, which may now be nearing completion.
From here, a renewed decline is likely, with pot
Oil Prices Form Bearish Head & Shoulders – Key Neckline in FocusWTI crude oil is showing a clear Head and Shoulders (H&S) pattern, which is a strong bearish reversal signal. The left shoulder formed in early July, followed by a higher peak forming the head in mid-July, and finally the right shoulder near the current levels, which is lower than the head. The neck
USOIL Technical Analysis! BUY!
My dear followers,
I analysed this chart on USOIL and concluded the following:
The market is trading on 67.25 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 68.74
About Used Indicators:
A super-trend ind
USOIL Is Bearish! Short!
Please, check our technical outlook for USOIL.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 69.178.
Due to the fact that we see a positive bearish reaction from the underlined area, I
Crude oil starts to rise, are you ready?
💡Message Strategy
Oil prices continued their upward trend amid rising geopolitical risks. US President Trump recently issued a tough statement, demanding Russia end the conflict with Ukraine within 10 to 12 days or face secondary sanctions.
Fears that Russian crude oil exports might be disrupte
Crude Oil’s $70 Surge Still Faces 3-Year Channel ResistanceAlthough news points to a crude oil price surge, technical analysis indicates price cap risks remain within the borders of a 3-year descending channel.
Should a clear hold emerge above the $70 barrier, the bullish rebound in price action from the $64.40 zone, in line with the weekly RSI’s rebound
USOIL 2H – Trendline Break Sell Setup✅ Key Observations:
1. Chart Type: Candlestick chart (2h interval).
2. Trend Line: An uptrend line (red) is drawn, now broken to the downside.
3. Ichimoku Cloud: Price has broken below the Ichimoku cloud, signaling potential bearish momentum.
4. Red Arrow: Indicates a potential short entry po
USOIL declines for the 3 days in a row. What's next?USOIL declines for the 3 days in a row. What's next?
Since the last post the USOIL has already declined on 2.5%, currently rebounding from SMA50 on 4-h chart. 2 main reasons are behind this.
On August 3, the Organization of the Petroleum Exporting Countries and their partners, collectively known
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Displays a symbol's price movements over previous years to identify recurring trends.