A Triangle Pattern is forming in Crude Oil, with a Target at the Top of the Pattern and a potential to Achieve a +12% ROI. This is Long-Term Analysis, must follow the Trend continuation technique.
It looks like WTI has a intraday buy signal at around 73.00 zone with stop loss below 72.00 , The minimum target will be 74.70 in the next few hours as the zeo political sentiments have improved, and external indicators are showing bullish signals. The RSI is mixed to bullish.
I am expecting a Upside rally in Crude Oil in next 2-3 months. The reason is after a big dip now Crude Oil is taking support at a Major support level and forming W pattern.
I am expecting crude to hit 130.00 within the first two quarters next year. Sharing the long term bias
Crude is basically going for 2022 Highs. Geopolitical concerns will fuel this rally. I am aiming for 118.00. Not Financial Advice(NFA)
📈 Exciting Bullish Pattern Alert 📊 Pattern: Base Building 📌 Symbol/Asset: UK OIL 🔍 Description: The target of multiple patterns is pending, stock bounced back from solid support. Future & Options segment stock. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and...
hey guys become a millionaire with US OIL please go throught your analysis
BASED on ichimoku theory given upside targets disclaimer - trade @ own risk
On weekly to 10D & 12D charts, it's time to go long on oil. Use your 1h & 2h charts for entries as per your TS. Find chances to go long on pullbacks & other consolidation-b/o patterns . Tgt can take 15-30 days, though one can take multiple trades & book Profits at several intervals. Along with it, we need to keep an eye on copper long trades as well.
#OIL : Beautiful Volatility contraction in the form of cup & handle which can give Breakout soon >> Good Structure >> Good Strength & Decent Volumes Levels mentioned on chart Keep liking, sharing for more Learning
Attached: Crude Oil Daily Live Market Chart On Sunday 2nd April 2023, Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day. Top OPEC producer Saudi Arabia said it would cut output by 500,000 bpd. And due to this Surprise Output Cut, the Next Day itself Oil Prices Gapped Up and Closed Up 6.16% (+ 4.66...
crrud oil uper ki or move karene wala hay target 6600 ka rahega
looks like a small breakout next resistance on another trend line but looks like oil is going to boil from here watch out
Hello Traders, Hope you all are doing good!! I expect USOIL to go UP after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Price has brocken out of the channel, we expected price to continue sell side after the consolidation
Market are betting on fed rates in today mainly. If NFP comes stronger than expected, markets might plunge giving fed signal to raise interest as economy is healthy. However of it comes weak, markets will speculate fed might slow down rates. US Dollar Index could rebound towards the 114.80 high. During last OPEC meet on Wednesday OPEC decided in its first...