Pair : US Oil Description : Bearish Channel as an Corrective Pattern in Short Time Frame. Completed " 1234 " Impulsive Wave at Fibonacci Level - 23.80%. Break of Structure and Retracement with Strong Divergence. Bullish Channel in STF with the Breakout of Lower Trend Line Entry Precautions : Wait for the Proper Rejection
The deteriorating outlook in Europe has left oil traders wondering whether global oil demand will remain resilient next year. On the other hand, the US third quarter GDP data exceeded expectations and continued to deliver strong economic growth. A higher dollar and an uncertain economic outlook seem to be haunting oil. Oil prices rose on Friday on fears that...
Crude oil yesterday's typical interval arrangement, the highest 86.7, the lowest 85, the daily line closed small Yin at 85.9, the four-hour chart of the large interval, the top 87 will be an important resistance point in this interval, the lower focus on the 84 break, the breakthrough will fill the gap; From the point of view of the 1-hour line, the lower focus...
The crude oil on Monday swung back to 84.8 after moving higher, yesterday's high open gap after the repair of the inter-zone is not large, due to the international environment, the potential of the ground edge, the recent period can be maintained much lower, Stay in the day 85.4 attached near many, the upper side 87 attached near can be empty. If you are confused...
USOIL's rally has lasted three times. I think it is a good opportunity to go short. Through the trend line, I think it is about to usher in at least one decline.
The oil is back in the range again. If you trade according to my range, I think you can have a great time today. Today, the oil price fell to near 88.2, and the low point was tested again, but it still returned to the range, so now we have adjusted the range, the range is: 88.3-91.2 The adjustment of the range range increases the success rate of our trading....
Oil is still fluctuating in the range, reaching a minimum of around 89 today. The oil has not chosen the direction yet. Last time we judged that the oil was going to test near the support point of 88.9. Now the oil is near 89.9, and the direction is still not confirmed, so this range is still valid. You can still sell at the high point, buy at the low point,...
The top of crude oil is empty near 92-92.3, and the defense is 93.5, and the target is around 90 and 89.5. The bottom is long near 89.5-90, and the defense is 88.5, and the target is around 89.2-88.7. Specifically, wait for the real-time strategy to update the entry point, and you need to follow up offline. Friends who do not follow up in real time may make...
Crude oil on Wednesday morning: At present, crude oil is the daily low of 89.8 line, whether the bears begin to force or a false shot to see today to verify, so first maintain the range of 89.3-91.8. Today's operation suggestion: Rally to 90.6-91 short; Retracting to 89.3 Try a long light position.
The retracement of crude oil indeed exceeded expectations, but the bulls still stubbornly recovered the lost ground in the late trading. Therefore, the bullish position is still the main focus at present. The washout on the way is also the result of the long-short contest. If the price falls back to the point during the day, we will still be bullish. Don’t...
This week's profit summary: this week's profit is about 8.8k, and there is still a short order of crude oil, I will inform you of any new information next week! Join me and don't let procrastination and hesitation stop you from making money!
Crude oil bulls continue to take the initiative in the market and pulled up again yesterday. It is now close to the previous secondary high of 85.5. This is not the ultimate goal of the bulls, but the only thing that needs to be considered is that there may be an adjustment within the day and then rise. In the short term The node still looks at the previous high...
Oil has now reached the short-term resistance point. But today we need to pay attention to whether we can break through the previous high. Usoil Today's trade building: Usoil:sell84.75-85.25 TP:84.1-83.7 If you don't know how to trade yet, join me and learn how to trade, or let me guide you in trading.
Oil prices rebounded at the opening and remained stable. On the whole, whether it is the Fed’s interest rate hike expectations cooling, the dollar’s fall, the rise in U.S. stocks, or the possible impact of U.S. hurricanes on supply, coupled with a sharp decline in crude oil inventories and geopolitical tensions, they all tend to support oil prices. Technical The...
The current price of crude oil is 79.8, we make 6 points in the short order of 80.6 to leave the market, can grasp the profit is the best trade! Join me and keep getting trading plans! Don't let procrastination and hesitation stop you from making money quickly
Crude oil technical analysis: crude oil yesterday cross small Yin K line closed flat, the space is not much, maintain in the last week's range of oscillating operation, currently continue to be in the short-term direction of choice, is poised to break the low point further fall, or start a steady recovery to recover lost ground, short-term in the shock of the...
In the U.S. market, WTI crude oil rose and closed down, once rising to $80.7/barrel, but failed to hold the $80 mark, closing down 0.03%, at $79.94/barrel, due to the threat of tropical storms in the U.S. Gulf crude oil production and news that Saudi Arabia may extend the production cut time and other benefits and rise, but the Fed's further interest rate hike...
Oil prices continued to rebound at the opening and performed first. Overall, Fed officials believe that there may be no need to raise interest rates. The decline in European diesel inventories boosts oil prices, but demand concerns still limit oil price gains. During the day, we will pay attention to the speech of the chairman of the Federal Reserve at the...