USOIL ORDER BLOCK | LONG TRADEUSOIL ORDER BLOCK | LONG TRADE
Hi Traders,
This is Usoil 1hr + 4Hr OB according to smc
we will see buying from this level.
Best time to take trade is 5 min CHoCH
Only for education Purpose
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USOIL: Bearish Reversal from Key Resistance at $69.36 Market Overview:
Crude oil (USOIL) is currently facing resistance near the $69.36 level on the 15-minute timeframe. After a sharp recovery, the price is showing signs of exhaustion with bearish rejection candles forming at this key resistance zone. This suggests that sellers may regain control, pot
Crude Oil 71.75 Crucial level_Break Upside Go LongThe U.S. Dollar And Oil Relationship Is Changing.
Historically, the price of oil is inversely related to the price of the U.S. dollar.
A barrel of oil is priced in U.S. dollars across the world. When the U.S. dollar is strong, you need fewer U.S. dollars to buy a barrel of oil. When the U.S. dollar
US crudeoilmultiple support around 61-65 levels in last 2 years .observed when ever enters this zone after correction strong pull back rally follows , now also this month touched near 65 level on rising trendline support zone .If holds for next 2-3 weekly trading session strong recovery can be expected ,.and i
USOIL - Swing Breakout-> USOIL - is now breaking the swing support
-> Seems Bullish for next few weeks
-> Expecting a rally towards $72.00
-> If $72.00 breaks, next resistance will be $77.00
-> Good Luck, Traders!
Crude oil current scenario.. Crude is at a crucial support, and at bottom of descending triangle.. the 2 possible scenarios are marked, aggressive players can try a long here will SL below support marked, follow the arrows for a buy or a sell positions with target of next support or resistance respectively..
Disclaimer: Thin
WTI Crude Oil Analysis: Key Levels and $65 Accumulation StrategyThe WTI Crude Oil chart highlights a long-term bearish trend, with price testing key support and resistance zones. Here's a concise breakdown:
Key Levels to Watch
Support Levels: $65.00 (immediate), $61.52, $56.97, $55.00, $51.76, $42.87.
Resistance Levels: $72.80, $78.44, $83.64, $93.40.
CRUDE OIL TRADE SETUP Crude oil breaks yesterday low $67.952 and traded around like a support levels now making higher highs formation on 15mins chart . Much possibilities crude oil can drive to yesterday highs .
Stay tuned with me for more updates
Biggest buy entry for a month - educational purposeUS OIL - buy/long .Seems like we can go long from here. Checking my strategy
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Displays a symbol's price movements over previous years to identify recurring trends.