6 hr breakout in US Crude. Triangle breakout observed in 6 hr time frame.
As crude oil is continuously moving in an undecisive manner, not giving many moves to go long now, we can see a good move from it. the triangle breakout will give us a good long and short position in the upcoming weeks. Levels that are holding the immediate support are 85.50 for the short-term period and 82.00 for the long-term period. levels that are ...
Crude makes a fool of traders by giving a falls breakdown. Price respecting levels of the trend line. very important day for crud to trade because of today’s news/data reviling ceremonies. Why will crude react to the data/news in high volume? Crude shows a shocking move by giving a falls breakdown of a bearish head and shoulder pattern and triggering stop-loss of...
Crude oil making a bearish pattern and still showing the sign of bullishness. Fight between Bull and Bears for the trend to continue. Which way will It go? Crude respects the levels we analyzed In early posts, shows a good move over the period. The up-trend move after the breakout of the price mark of $87.894, was slowed down after the price tried to...
WTICOSUD(Crude Oil) is showing some interesting movement on major levels. Major upper and lower levels could be breached in the future. Crude Oil is showing a strong upward movement in the 1Hour chart breaching the level of $87.894. It seems that the counter is consolidating, if the price retests the levels of $87.80 and makes any type of bullish...
Will Crude “Break Down” Or “Rise”? The current crude chart raises a lot of questions..... Will wticous(crude) break the recent low, or will it show recovery for an upward movement? Is the support level of 83 valid? Are the fibo levels in the 1hour chart working in the favor of a bullish move? If at all the price breaks the 83 mark or support, where would it...
$UsOil If Hold Below 85$ Will See Further Downside 74$/67$!
Price has brocken out of the channel, we expected price to continue sell side after the consolidation
$Usoil Bounced From Key Zone 85$ Holds This Level To See 97/104$!! Lose 74/67$!!
I think oil can go back down here.It will take the horizontal resistance at 90.risk reward is favorable for short target 86 and than 83.60
$UsOil Is At Key Zone 87/85$ !! Bounce O Dead!! Decision TIme
crude oil - Short term view - go up to 97 US$ USOIL may go up to 97 US$
85/87$ Is The Key Level For Usoil If It Holds It ll Push Towards 97$/102$
If Not Flips 90$ Then We Will See 74$ In Upcoming Days
This is creating a head and shoulders pattern in 4 hours time farm strong resistance 83.55
It will take 82.50 resistance. RSI diversion will also happen.No Fundamental Buying for Crude Solutions Right Now
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
As per Fibonacci fan analysis. Expecting reversal of crude oil from 72-76 levels.