Get started

Oilprediction

Ending Diagonal and Double Top patterns Drop to the level of 31$The oil price is directly related to the Canadian dollar level, let's discuss oil in light of the Canadian dollar, which is likely enters to a corrective uptrend. The uptrend has ended in the range of USD 43.15, and the price has entered to the corrective phase (the downtrend), the first wave of which ended the range of 36.01. Currently, we are in the C wave from B point, where the price is beautifully forming the patterns of Ending Diagonal and Double Top. Also, divergence is quite visible in MACD and RSI, all these cases indicate a strong downtrend in the direction of C wave and the completion of B / 2 wave, the first target of which is 36.01, and then, according to Fibonacci percentages, it can drop to the range of USD 33 and 31 Please note that the Ending Diagonal pattern is not completed yet, this analysis can be confirmed by crossing the price from a range of 40.17
OANDA:WTICOUSDShort
by NirmataFX
My Usoil long-term predictionThe target area is reached and i am going to trade the usoil only in a bullish mode. News does not help this bullish mode but that is a good thing most of the times. The new target zone as i have already told you on previous article is $72-$87. Sometimes the break of a trendline is all we need. risk disclaimer This prediction is based on my personal trading strategy and this article does not suggest you to make any trades. I am not responsible for any future losses using the information above.
TVC:USOILLong
by togatoni
4
OIL Coming To Price $42.65| Prophecy Prediction 25th March 2020" Price chart is the summary of human reaction and action. You can know the person behaviors even you just met 5 minutes ago.." -Zezu Zaza Seminar Next Level Trading @Sheraton Hotel November 11th,2020. After stimulus package on March 23th,2020, my prediction price of oil will go up again up to $42.65 before another 'event' happen after reaching this price. They are planning. We also planning. The agenda is to collapse all the major economy world is just on the way. While all other investors had been camouflage with the pandemic, the 1% is planning another agenda. As we can see the 2020 year is not a very good year to celebrate actually as we think it is a millenium. The 2020 is the catastrophicand disaster year which is the year of the whistle blower to 'reset' the world economy. 2020 is the starting point towards all the 50 years agenda planned, will be in realization. After the stimulus package announced plans to buy $250 billion in mortgage backed securities and $375 billion in treasuries this week,relaunch their term asset backed securities loan facility to support corporate debt markets. Printing money and booming the economy is not good to injecting with the steroid while to cover the bleeding on the coronavirus. We are trying to cover the man made disaster in a larger scale and things will not sufficient. We are believing the coronavirus is a conspiracy planned agenda to depopulation upon 100 years starting beginning on 1820,1920 and 2020. Injecting helicopter money and the case of pandemic roared. It is like digging its own grave. Digging another hole to cover the hole. We can't run from reality. One day it will hit bad. While a $2 trillion coronavirus economic stimulus package remained stalled in the U.S. Senate on Monday as lawmakers haggled over its provisions, U.S. Treasury Secretary Steven Mnuchin voiced confidence that a deal would be reached soon. The expected stimulus pushed the U.S. dollar lower as it will increase the cash supply. The dollar index, which measures the greenback against six major currencies, fell 0.5% on Tuesday. A weaker greenback boosts dollar-denominated oil prices since buyers paying in other currencies will pay less for their crude. Still, the overall crude demand outlook remains low as long as travel restrictions are in place and governments curtail commercial activities to prevent the coronavirus spread. This is weekly chart. Buying now and hold. Small lots is sufficient if you not confident. Prediction to $42.65 in 2-3 weeks.
OLong
by Zezu_Zaza
1
CRUDE OIL Price Will Drop To $20 or Worst $18.15| 3rd March 2020Price oil not only has been a target to a massive selling from investor but the oversupply from the country exporters while China that has to be no.1 oil purchaser has not buying oil price as per regular basis. As per chat on monthly timeframe, there was a significant supply has been going on in the market recently. The chart clearly shown that the supply of oil still continue to supply even the crisis of pandemic has gotten worst. To prevent this to be oversupply, the oil producer has being in the decision to cut the oil supply so that to maintain the fair price of oil around $50 per barrel. While this cut is implementing, it will takes time to be control. The price right now closed around $45 as 1st March 2020. The price has done the correction pattern which is why it tends to slope against the prior uptrend. It is a short term pattern and this will tally to the cutting implementation from the oil producers countries. I am predicting the price of oil will bearish hitting around $20.00 or worst $18.15 per barrel before it will continue bullish to meet the fair price. Please like, subscribe and share this post. Dont forget to thumbs up if you like. Please follow me to get the latest news regarding the trending topic of prophecy. Regards, Zezu Zaza
OShort
by Zezu_Zaza
7