Hellena | Oil (4H): SHORT to support area of 54.00.Friends, what do we see after the recent downward movement? Most likely we see a continuation of the downward movement in a combined correction.
The hardest thing about compound corrections is to understand where the wave ends and begins.
I believe that the price is now in the middle wave “C” and w
WTI CRUDE OIL(USOIL): Classic Gap TradeI see a nice gap down on USOIL, with a strong possibility that the gap will be filled soon.
The price approached an important support level and showed signs of a potential bullish signal.
I also observed a breakout of the neckline of an ascending triangle pattern on the hourly chart.
It is likel
Bullish bounce of pullback support?WTI Oil (XTI/USD) has bounced off the pivot which has been identified as a pullback support support and could potentially rise to the pullback resistance.
Pivot: 57.60
1st Support: 56.26
1st Resistance: 59.82
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and y
OIL Looks Poised to Rise to $63 OIL Looks Poised to Rise to $63
According to a prestigious news agency, oil prices rose slightly, after rising by about 3% in the previous session, while trade tensions between major oil consumers, the US and China, showed signs of easing and Britain announced an “exceptional” trade deal with the
Bullish breakout?WTI Oil (XTI/USD) is reacting off the pivot which is a pullback resistance and could potentially rise to the 1st resistance.
Pivot: 59.28
1st Support: 57.84
1st Resistance: 61.83
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with mone
Hellena | Oil (4H): SHORT to support area of 55.204.Colleagues, I believe that the price will continue its downward movement. At the moment we are observing a combined correction. I expect the completion of wave “Y”. Even if it is already completed, the price is still waiting for a downward correction to the support area of 55.204. Therefore, I think
USOIL | 4H | SWING TRADING Good morning, dear friends
Due to high demand, I’ve prepared a USOIL analysis for you. My target level is set at 63.600.
Once my target is reached, I’ll be sharing updates under this post.
Dear friends, your likes are always my biggest motivation to keep sharing analyses. That’s why I kindly ask
USOIL: Expecting Bearish Movement! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the USOIL pair price action which suggests a high likelihood of a coming move down.
Disclosure: I am part of Trade Nation's Influencer progr
Market Analysis: WTI Crude Oil TumblesMarket Analysis: WTI Crude Oil Tumbles
WTI Crude oil is down over 10% and remains at risk of more losses.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil prices extended downsides below the $60.00 support zone.
- A major bearish trend line is forming with resistance
See all ideasÂ
Displays a symbol's price movements over previous years to identify recurring trends.