US OIL IN BULLISH TREND
Updated
📈 USOIL (WTI Crude Oil) Analysis & Forecast - H4 Time Frame 📊
🛢 Technical Overview:
Trend: Bullish momentum continues as WTI Crude Oil consistently rejects its supply zones, signaling strong buying interest.
EMA Crossovers: Price has successfully crossed over the 100 EMA, 200 EMA, and 50 EMA, indicating a clear upward trend and a confirmation of strong bullish momentum.
Support Zone: The recent rejections from supply zones reinforce this bullish scenario, showing resilience in price action.
🚀 Forecast:
The technical target for this bullish move is projected at 83.00, aligning with strong resistance levels and Fibonacci extensions.
Buyers are dominating the market, and the trend suggests further upward movement in the short to medium term.
💡 Trading Insight:
With all major moving averages aligning for an uptrend and continuous bullish price action, it’s an opportune time to look for buy setups on pullbacks or consolidations.
Keep an eye on key supply and demand zones for potential reversals or breakout confirmations.
🛢 Technical Overview:
Trend: Bullish momentum continues as WTI Crude Oil consistently rejects its supply zones, signaling strong buying interest.
EMA Crossovers: Price has successfully crossed over the 100 EMA, 200 EMA, and 50 EMA, indicating a clear upward trend and a confirmation of strong bullish momentum.
Support Zone: The recent rejections from supply zones reinforce this bullish scenario, showing resilience in price action.
🚀 Forecast:
The technical target for this bullish move is projected at 83.00, aligning with strong resistance levels and Fibonacci extensions.
Buyers are dominating the market, and the trend suggests further upward movement in the short to medium term.
💡 Trading Insight:
With all major moving averages aligning for an uptrend and continuous bullish price action, it’s an opportune time to look for buy setups on pullbacks or consolidations.
Keep an eye on key supply and demand zones for potential reversals or breakout confirmations.
Trade active
📈 USOIL (WTI Crude Oil) Analysis & Forecast - H4 Time Frame 🚀
🛢 Technical Overview:
Breakout Alert: USOIL has successfully broken its resistance level at 80.20, confirming bullish strength and paving the way for further upward momentum.
Trend Confirmation: The breakout aligns with a strong bullish trend, supported by price action above the 50 EMA, 100 EMA, and 200 EMA, reinforcing buyer dominance.
Trade closed: target reached
📈 USOIL (WTI Crude Oil) Analysis & Forecast - H4 Time Frame 🚀
🛢 Technical Overview:
Breakout Success: USOIL has broken its resistance at 78.50 and is now trading at 80.72, showing continued bullish momentum.
Trend Continuation: With the price holding above the 78.50 breakout level, buyers are dominating, setting the stage for further upside.
t.me/+nj2NffBZZkFhN2U8
𝙱𝚎𝚜𝚝 𝚃𝚎𝚌𝚑𝚗𝚒𝚌𝚊𝚕 𝙰𝚗𝚊𝚕𝚢𝚜𝚒𝚜
𝙱𝚎𝚜𝚝 𝚃𝚛𝚊𝚍𝚎𝚛 - 𝙼𝚊𝚜𝚝𝚎𝚛 𝙾𝚏 𝙼𝚊𝚛𝚔𝚎𝚝
Xauusd 𝚂𝙸𝙶𝙽𝙰𝙻𝚂 -90/95%𝚂𝚄𝙲𝙲𝙴𝚂𝚂 𝚁𝙰𝚃𝙴
t.me/+nj2NffBZZkFhN2U8
𝙱𝚎𝚜𝚝 𝚃𝚎𝚌𝚑𝚗𝚒𝚌𝚊𝚕 𝙰𝚗𝚊𝚕𝚢𝚜𝚒𝚜
𝙱𝚎𝚜𝚝 𝚃𝚛𝚊𝚍𝚎𝚛 - 𝙼𝚊𝚜𝚝𝚎𝚛 𝙾𝚏 𝙼𝚊𝚛𝚔𝚎𝚝
Xauusd 𝚂𝙸𝙶𝙽𝙰𝙻𝚂 -90/95%𝚂𝚄𝙲𝙲𝙴𝚂𝚂 𝚁𝙰𝚃𝙴
t.me/+nj2NffBZZkFhN2U8
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.