We need to break below 101 to confirm the short signal I posted on my WTI Crude Oil (see the related link).
Insider: G-7 talks with India and China on oil price brake positive G-7 talks with India and China on a plan to cap the price of Russian oil have been positive, according to an insider. The two buyer nations have incentives to comply, a person familiar with the discussions says. A cap on the price has not yet been set, he said. However, it would have to be high...
Hello guys! it's been a while since I've posted to refocus my entry methods. Currently we are looking at a resistance zone. Personal view is that Volume is low and there's a good possibility of going back down to support zone. could see 113.20 has been rejected twice, so am taking a short position with 1:3 RR and shall see how it play out!
Lovely structure on this pair. Failed to break the previous high. We impulsively sold off. After forming a tight bear flag I see this pair falling another $10 at least, as around $95-97 is the lower support level. Let’s seeee
As I mentioned 10 months ago about the worst World Crisis of 2023. I wanted to share this analysis on the price of OIL and its derivatives, as well as gasoline, it will be affected and is being affected along with oil. There are many indicators that indicate the coming crisis of 2022-2023... This crisis, the worst of all, "The crisis of everything" creates a...
I have entered a leveraged (2X) short in #oil, via Direxion's Inverse $DRIP ETF. NOTE: This post shows "LONG" because I have BOUGHT $DRIP; #Oil, as the asset class - I am viewing as a SHORT. Not much else to say, other than the #oil #selloff is underway after forming what I see as a double top (see WTICOUSD) and a good risk/reward entry to short. I will...
Oil on a 4h time frame is a sell according to the Stochastic RSI strategy to sell crossing below 80% or buying crossing above 20%. The daily (top down analysis) supports a move to the down side. The general markets in turn look oversold and are trying to blow off this oversold condition. Therefore it looks good enough to take a trade. The stop should be at...
CAN OIL GONNA HIT 115$ LEVEL PRICE? Maybe time will tell, because i don't hahaha lol
A repeating pattern and strong economic events for the next week shows that oil may sink in the upcoming week or will oil prices continue to rise because of the war in Ukraine?
This graph is a representation of my point of you of the futures market (USD).
This graph is a representation of my point of you of the futures market (USD).
Hey guys, Oil looks like going down once again. it looks like going to test 109.91 once again before heading down. personally I have set an alert at 108.2 to monitor the price action before going to short it. what do you think? good luck!
OIL_BRENT is trading in a narrwing wedge And will soon retest a horizontal resistance at 112.45 A bearish move down will follow However, IF the resistance is broken to the upside The setup is invalid
Oil Prices Slip As Crude Inventories Jump by TEAMBULLSFX
Oil has been propped up in recent days on the back of EU embargo on Russian oil rumours. It seems as if there might be a consensus among the member states but most are requesting exemptions for at least a matter of years before they are forced to get off it. China are also struggling with COVID-19 implications, lockdowns and seems as though the supply chain link...
I have a bullish outlook for oil in the coming days and expect $ 111 to be $ 118 and then $ 127 to be the next oil targets.
At the chart of h4, WTI keeps triangle convergence pattern, th high point of price had resisted downward trend line, maybe wo could short above 104.20, sl:107,tp:96