Hey Traders! 🙌 New week, new challenges, and the markets are buzzing! 🐝 🔥 Bitcoin: It's at a pivotal 31K level. Keep an eye on the resistance cluster. If it breaks, we could see 45K. 🚀 📉 NASDAQ: Currently at a major resistance level of 14,646. Today's opening is crucial. Will it rebound or sink? 🤔 📊 S&P 500: We've been short and it's paying off. Watch the U.S....
In this video, we conduct a comprehensive analysis of the USOIL market, with a primary focus on the prevailing bearish sentiment observed in higher timeframes. Notably, WTI has recently approached a critical support level. Throughout the video, we delve into essential elements of technical analysis, which encompass aspects such as the current trend, price action...
Natural Gas (NG1!) is trading within a logarithmic Channel Up pattern since the April 14 Low. The current bearish leg is one step before testing the 1D MA50 (blue trend-line) but the bottom is located just below the 1D MA100 (green trend-line). That trend-line has priced the last three Higher Lows (September 26, September 06, August 24), so we are ready to buy...
The conflict escalation target is looking towards 95. The short-term (1H) trend of crude oil fell to the 85.50 support, and continued to rebound and hit new prices. The short-term subjective and objective trends consistently maintain an upward rhythm. Crude oil is expected to continue rising during the day. If the conflict in the Middle East escalates again...
Today's focus: USOUSD Pattern – LH after Trend Break Support – 86.84 - 88.00 Resistance – 90.60 Hi, and thanks for checking out today's update. Today, we are looking at the USOUSD on the daily chart. We are continuing to watch price after it broke the last trendline. So far, we have a new LH after the break, with price continuing to push lower in today's...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
#USOIL UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and also our trading analysis. For up coming week, Anna is monitoring the USOIL. USOIL is in short term uptrend in the LTF. In the HTF it has done the choch, which is possible trend reversal symbol. Here we can see that there is a High probability OB, from where...
Analyzing the options chain and the chart patterns of IMPP Imperial Petroleum prior to the earnings report this week, I would consider purchasing the 2usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $0.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
🛢️ USOIL Review 📈 USOIL is showing a strong bullish momentum, aligning with the "Smart Money" concept. The recent price action exhibits a compelling heavy impulsive move, indicating significant buying interest. The Smart Money principle involves identifying substantial shifts in market sentiment, and this move certainly captures attention. Notably, we observe...
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:50 AMEX:UNG Stock Forecast 07:06 USO Oil Stock Forecast 08:57 Gold XAUUSD Stock Forecast 11:20 US dollar DXY Stock Forecast 13:25 Silver XAGUSD
Hello Everyone. i want share my idea about USOIL. After big and strong uptrend we saw some trend reversal change which actually was correction of price. in this week price start perfect up movement which broke some resistances and then had good reaction at the levels. Price action is upside it has strong downside movements but with it i think they are taking...
Dear colleagues, I assume that the price will still make an upward movement at least to the resistance area of 90. It will do it either immediately or after correction to the support area at 84.26. In any case, I expect the price to rise in the coming week. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Price action analysis for WTI Oil. Structure analysis. Important bullish confirmation explained. ❤️Please, support my work with like, thank you!❤️
Hello Everyone We've had a very bullish week on oil World events influenced this no doubt, if it continues will have to be seen. These are the levels I am watching. Have a great weekend!
On a smaller TF we've seen Oil spike up & break structure, by taking out the previous high at $93.80. This indicates a change in structure from bearish to bullish. We're currently seeing an accumulation order take place (Wave II), where new buyers are entering the Oil market. The average retail trader will be scared to take advantage of this dip, which is...
The oil price has shown weak trading since the morning, stable around 90.70, and therefore, there is no change in the expected bullish trend scenario for today, which depends on stability above the 88.70 level, while its next targets are at 92.00 then 95.35. Pivot Price:88.70 Resistance Price: 90.70 & 92.00 & 93.37 support price: 87.71 & 86.40 & 84.58 The...
USOIL New forecast The price of oil rose strongly yesterday to exceed the 88.31 level and return to the ascending channel, heading towards achieving more expected gains during the coming period, on its way to visiting the 90.40 and then 91.53 levels as next positive targets. Therefore, the upward trend scenario will remain valid and effective for the coming...