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Here we had shared Educational purpose case study of US Oil (Crude Oil) Technical Analysis, A Low-Risk, High-Reward Opportunity.
Welcome to this educational analysis of US Crude Oil (commonly known as Crude Oil). Today, we're exploring an intriguing opportunity in the world of technical analysis.
In the realm of wave analysis, we've identified an...
Hello Friends,
Here we had shared possible Elliott wave counts on hourly chart of USOIL CRUDE OIL, in which we can clearly see that after low of May 2023 Oil has done wave (1) & (2) of some degree and now we are unfolding wave (3) of same degree, Inside (3) also we had finished wave 1 & 2, and now possibly we had started wave 3 of (3) which may go $ 73 as an...
Hello Friends, here we had shared possible Elliott wave counts of USOIL CRUDEOIL chart on hourly time frame, which is suggesting we are currently in impulse wave of some degree, in which we had completed (i)-(ii)-(iii)-(iv) and now possibly we are unfolding wave (v) of bigger degree wave 1, in this scenario we had seen that wave (iii) has been extended and clearly...
Crude oil analysis .
Symbol :Crude oil or USOIL
Time frame: 15 minutes
Analysis: There is a gap up in crude oil and from last 10 days, the price is in a consolidation.So, if the price crosses above 81,then we can expect a target up to 84 with MacD crossing above zero . If the price crosses below 79.3 then we can expect a target up to 76.3 with MACD crossing...
CAPITALCOM:OIL_CRUDE
As you can see that usoil has formed Trendline and rejecting support level also breakout may happens Either side Wait for it, Take retest entry because to avoid fake breakout. plan your trade accordingly..
#commodity, #crudeoil
the breakout happened from the symmetrical triangle, the price oscillates between two trend line, one is the resistance trend line and the other is the support trendline. the breakout happened on the downside. before consolidation, there is a downtrend movement of about 20 points until consolidation, so as per the symmetrical breakout, we...
CAPITALCOM:OIL_CRUDE
USoil is at good support area and if it breaks we can go for sell side or if it breaks the trend line then we can plan for buying side, plan your trade accordingly.
CAPITALCOM:OIL_CRUDE
US_OIL is in good resistance with multiple rejections at 77.75 level and it is the major level.
If it breaks the price and retest the same level then we can go for long position.
My analysis for US OIL is bearish. Though we have liquidity above and a unmitigated supply zone sitting above. I believe after liquidity sweep we might turn around in the bearish direction.
Thank you.
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...
US oil overall trend is still bearish, but counter trend pull back rally is now due, not only due but it's now ready to go towards north directions
Buy on Dips is suggested, all the key levels are mentioned on chart
Overall running wave structure
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you...
we found sell setup senerio for usoil o we can say wti right,
so in this us oil technical analysis , i have shared my 4 to 5 scenrio in which i can see for selling pressure for us oil
