USCRUDEOILCFD trade ideas
USOIL 1H TF Demand for crude oil is dependent on global economic conditions as well as market speculation; A Good opportunity to hop in as the price dips.
Disclaimer- For educational purpose only. Encouraging you to do your own analysis
Usoil - Strong up movementPrice breaks the trend line strong and trying to break the first resistance to reach the second one which is seen more stronger than its counterpart.
As if now things looking good for those who took long position well before, for the new entries wait for the price to break and close above the first resistance for the target of second.
USOIL - Long future prediction for wave COm Namah Shivay
If the structure of C is impulsive, then we assume, that W1 is made, Wave 5 can reach the calculated region or more than that atleast.
The wave 4 will be side ways with possible one leg upside movement. There is possibility of w5 complex or there will be longer time consuming
during those days to go up.
We are just predicting based on EW analysis of the possibility. It can be so different than our limited assumption.
Om Namah Shivay
Interesting Numerology with USOILOm Namah Shivay
Brothers, doing USOIL analysis for the first time. We find interesting numerology with the structure. The beautiful ABC and We may be able to See the future C.
Om Namah Shivay
USOIL - Ascending channel pattern formation at 4 hours tfUSOIL - Ascending channel pattern formation at 4 hours tf
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
USOIL post market analysis on 22-02-2021USOIL post market analysis on 22-02-2021
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
USOIL LONGUSOIL LONG OPPORTUNITY
TARGET WILL BE 61 $ BECAUSE USOIL HAVE TAKEN STRONG SUPPORT AT 59$
Lets Wait and watch
Cheers!!!
USOIL Intraday levels on 22-02-2021USOIL Intraday levels on 22-02-2021
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Crude oil to go LongPrice action: New high formed
Indication: 1.MACD Divergence. 2.In daily TF in 61.8% fib., level.
Crude oil monthly near trendline (Resistance)Check the chart for major supply & demand zones and resistance.
Crude oil in range bound.(hourly)High volatility expected, as near monthly trendline acts as resistance..
refer the next published chart.
Crude oil hourly , buying opprtunityRetest of previous trendline.
wait for reversal confirmation in hourly timeframe.
💡WTI . Weekly Technical Analysis UpdateMidterm forecast:
51.60 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 51.60 on 02/01/2021, so more gains to resistance(s) 63.10, 66.50, 72.55 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 79.
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USOIL parallel channel resistance breakout at 1 hour time frameUSOIL parallel channel resistance breakout at 1 hour time frame
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Crude oil intraday, supply & demand levelsTrade with reversal confirmation in 15min and 5min timeframes.
WTI crude triangle flag As shown in chart its formed triangle flag pattern.
Possible targets:
1) 55.25 $
2) 55.60 $
USOIL - Parallel channel resistance breakout at 4 hours TFUSOIL - Parallel channel resistance breakout at 4 hours time frame
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
