US OILBullish move might continue on US OIL from our zone, can look for confirmation before entry and target Buyside.
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CRUDEOIL1! at Best Support Zone !!This is the Daily Chart of CRUDEOIL1!.
CRUDEOIL1! having a good law of polarity at 5500-5600 level .
CRUDEOIL1! is currently trading between its quarterly pivot 5603 level and monthly pivot 5805 levels , indicating a range-bound movement."
Once the Crudeoil1! sustains above the monthly pivot, it
bearish on oilequal lows on crude oil, but with dxy looking bullish, i feel like it would be a little problamatic trying to find a smooth ride lower. The price action is thier tho, i would defietly not be trying to long when we have eqaul lows.
Where’s the Oil Price Heading Amid Rising Supply and Weak DemandThe eight oil-producing nations of OPEC+ agreed to raise output in August, opting for a larger-than-expected increase. OPEC+ cited a steady global economic outlook and healthy market fundamentals. The crude oil market remains under pressure from subdued prices, persistent supply growth, and uncert
Oil Went Back to 'Pre-conflict' Level on Israel-Iran Ceasefire The Israel-Iran ceasefire has triggered a sharp reversal in global oil markets, sending prices tumbling back to levels seen before the recent conflict. Brent crude ICEEUR:BRN1! fell below $70 per barrel and West Texas Intermediate NYMEX:CL1! dropped to around $65, erasing the risk premium that h
Crude oil----sell near 69.00, target 65.00-62.00Crude oil market analysis:
Today's crude oil trend is still bearish. There was a small rebound yesterday, but the rebound was just a rebound and has not reversed. The shape and indicators of crude oil are both bearish. Today, we can continue to sell it based on 69.0. If there is no major surprise i
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Crude Oil and the BOS bearish move might steps in?Watching the volume rising is a good confirmation for the Bearish Bias.
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Crude Oil Weekly OutlookNYMEX:CL1! NYMEX:MCL1!
With Nasdaq futures hitting all-time highs, our attention now turns to Crude Oil, which has seen a sharp pullback over the past week.
All-time highs in equity indices present a unique challenge:
There are no historical reference points—no prior price or volume data to lea
OIL - is going to hit $50I expect the drop in OIl will go on
During such big news as potential WW3 price bararly rose
Also on bigger time frame price only reached 2nd vwap deviation
that's why after some consolidation price will go down toward range LOW
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Displays a symbol's price movements over previous years to identify recurring trends.