Hellena | Oil (4H): LONG to 50% Fibo lvl (58.00).The structure has broken down. Wave “2” of the middle order should not have updated the minimum of 56,420 of wave “B” of the higher order, but this has happened.
This means that the wave structure will have to be revised.
It seems that the major correction is not yet complete, and in order for the
Crude oil to revisit 2020 lows with drop to <$20 -80% - Dec 2025Now that we’re all driving Teslas and cyber trucks, oil can stay where it belongs, in the ground. Or something like that. Greenpeace finally makes progress.. as long as we forget about China burning colossal amounts of coal the size of mount Everest to power the machinery needed to recover minerals
Crude Oil Price Update – Clean & Clear ExplanationCrude Oil is currently trading near 57.50, after a prolonged corrective move from the recent swing high around 60.00. The overall structure shows that price previously respected an ascending trendline, but this support was broken, confirming a short-term bearish phase.
Price then moved inside a des
OIL: Bullish Harmonic Reversal in PlayOIL: Bullish Harmonic Reversal in Play
Crude Oil has completed a clean bullish harmonic pattern.
The price is currently stabilizing above the recent low, showing early signs of a potential bullish reversal.
As long as Oil holds above the D-point support, the harmonic pattern suggests a recovery
WTI drops near 2025 lows amid Ukraine-Russia deal, can $55 hold?WTI crude oil has declined near fresh 2025 lows around $56.60 as optimism over a Russia-Ukraine peace deal collides with fears of global oversupply. With NFP and central bank decisions looming, the market is bracing for a volatile test of the critical $55 support.
In this video, we analyse the bear
USOIL H4 | Heading Towards Pullback ResistanceMomentum: Bearish
The price is rising towards the sell entry, which acts as a pullback resistance, and also trading below the Ichimoku cloud, which is a good sign of bearish momentum.
Sell entry: 57.31
Pullback resistance
Slightly above the 38.2% Fibonacci retracement
Stop loss: 58.16
Overlap res
Heading towards pullback resistance?WTI Oil (XTI/USD) is rising towards the pivot, which acts as a pullback resistance and could reverse to the 1st support.
Pivot: 57.45
1st Support: 55.20
1st Resistance: 58.51
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of
WTI OIL Time to buy the 8-month Support.Last week (December 9, see chart below), we gave a strong Sell Signal on WTI Oil (USOIL) as the 1-month Channel Down topped and started its new Bearish Leg, which eventually hit our $56.20 Target:
This time we move back to the 1D time-frame as the longer term dynamics are coming into place agai
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Displays a symbol's price movements over previous years to identify recurring trends.









