WTI Crude Oil (USOIL) Bullish Pullback Setup – Targeting $66.70Entry Point: Around $62.30 - $62.26
Stop Loss: Set below the entry zone at $61.65, with a potential lower buffer at $60.90
Target Zone (EA TARGET POINT): Between $66.62 and $67.00
A projected gain of 4.22 points (~6.77%)
📈 Price Action & Indicators:
The price had a strong bullish run recently an
USOIL - to test $59.5 or lower?
TF: 240 minutes
The script has left a FVG (Fair Value GAP) at $59.3 and it is most likely to be tested first before making any move on the upside.
The supply between 62.7 and 63 is quite strong for now.
Trade with caution
Disclaimer: I am not a SEBI registered Analyst and this is not a trading
Crude weekly levels buy on dip @support book profit resistance How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Crude profit booking on Buy trade given at 64$ sell below 61.90$How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Crude wTI levels 2nd support or resistance important in pullbackHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
USOIL at support range $56.56 to $56USOIL is at a major support level at $56.56 to $56, and the price is breaking this level. It will target downside levels of 50.53, 41.15, 31.90, and 36.08, respectively.
Price bouncing from this point will retest $62.99 and $73.88 as respective targets.
Prices may fall mostly for downside targets h
Crude Oil Technical Analysis for the Week of May 5–May 9, 2025Forecast for Next Week
Bearish Scenario (Higher Probability):
Trigger: Failure to reclaim $61.60 or a break below $56.
Targets: $55.05 (April 9 low), $52.53, or $49-$43 if the 4-year support at $64 breaks.
Rationale: Bearish MACD cross, descending channel, and OPEC+ production increase fears.
Bu
CRUDE Hello & welcome to this analysis
WTI OIL is at the PRZ of a bullish Harmonic Cypher pattern suggesting a bounce/reversal from current levels.
Crude (MCX) however does not have any bullish harmonic patterns at the moment, normally, we do see them in sync, however, this time maybe due to a strong IN
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Displays a symbol's price movements over previous years to identify recurring trends.