CRUDE OIL Resistance Ahead! Sell! Hello,Traders! CRUDE OIL is approaching a Supply level of 72.77$ and As we are locally bearish Biased a local bearish Correction is to be expecting From the resistance above Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals114
USOIL Just Built A Fresh Up TrendHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 69 area, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 69 support and resistance area. Trade safe, Joe.Longby JoeChampionUpdated 101022
USOIL Will Collapse! SELL! My dear subscribers, USOIL looks like it will make a good move, and here are the details: The market is trading on 71.12 pivot level. Bias - Bearish My Stop Loss - 71.78 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 69.89 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals2210
USOIL - BULLISH MOVEHello Traders ! On Friday 15 Nov, USOIL reached the support level (66.85 - 67.38). The price broke the last lower high (change of character). So, I expect a bullish move📈 _____________ TARGET: 71.24🎯Longby Hsan_BenhmedUpdated 6629
CRUDE OIL (WTI) More Growth is Coming After quite an extended consolidation on a key daily horizontal support, WTI Oil bounced and violated a resistance line of the range. It is an important sign of strength of the buyers. With a high probability, the price will go up and reach 72.3 level soon. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1114
Next Week Play's For WTICOU So after reviewing this chart for next week , Only have one thing I'm looking for at the moment is to it show support. At current price with structure showing is just not showing anything to take just yet. I will update periodically through out the week by HighermindsXRP1
USOIL BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! USOIL pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 70.22 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals111
SpotCrude.. Better Idea after revisionM - Down Channel W - Down Channel D - Down Channel 4H - Resistance Line + at Fib 50% + near Supply zone Short with 0.5-1% riskShortby edw1nnUpdated 1
USOILUSOIL has finally broken out of this counter trendline we should see further push to $80 per barrel Longby Showboi-fx2217
USOIL-bias long Bullish indications: Inverted head and shoulder pattern Trend line resistance break out Resistance broken at 69.91 Moving average respected. Major support respected at 66.81 Bearish indications: LLLH in higher time frame and sideways . Trade plan bias long @ 69.89 SL:68.63 TP1:71.37 TP2:72.48 Longby gouthamkulal1Updated 0
WTI 69.40 BULLS / APPROACHING 72.50 free daily planAs discussed in yesterday’s plan over @ Voila's Oil Trading (substack) why 69.40 key level will be delivering a strong push towards our 1st top of range target - 72.50. WTI 4 hour: WTI is pushing off 69.40 our intraday support . This buying will need to sustain above the 69.77 daily pivot as we look for a definitive break of 70.35 today… towards the 72.50 major resistance. We should only be minimizing long risk if price action is indicative of a 69.40 level break here. It’s not right now as the 4hr shows a 20 ema (red) trend holding. ------------------------------------------------------------------------------------------------------------ Trade Plan! Continued buying above 69.40, long to the next levels: - 70.35 , 71.70 , 72.50 Strong selling below 69.40, short to the next levels: - 68.00 Daily pivot is 69.77 Longby trad0701
USOIL / Descending Parallel Channel...USOIL Analysis Bullish Scenario: A break and close above the pivot line at 70.50 could drive prices toward 71.78 and potentially higher levels at 72.74. Bearish Scenario: Stability below 70.50 will drop to 68.53 and if breaks that will continue dropping toward 67.03. Key Levels: Pivot Line: 69.80 Resistance Levels: 70.49, 71.78, 72.74 Support Levels: 68.53, 67.03, 65.85Shortby SroshMayi6
Crude Oil (WTI) may rise to 71.25 - 71.85Pivot 69.15 Our preference Long positions above 69.15 with targets at 71.25 & 71.85 in extension. Alternative scenario Below 69.15 look for further downside with 68.50 & 67.85 as targets. Comment The RSI lacks momentum. Supports and resistances 72.40 71.85 71.25 69.71 Last 69.15 68.50 67.85 Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson4411
WTICOUSD Short signalAt least one technical indicator is signaling that oil may continue to fall. The indicator "Intenso" has shown good buy and sell points. I continue testing.Shortby x7-am2
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