Trading looks easy. But many people are losing money.
TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! CME:BTC1! NYMEX:CL1! NYMEX:WTI1!
The current position of gold price is generally under some pressure. But once it rises, I think there is still a lot of room. The operation is mainly to buy at low levels. The low level around 2322-2323 is suitable for conservative traders to trade.
Newbies should not engage in scalping transactions. Because once you encounter a big market, your account will hardly support market fluctuations.
Just a friendly reminder. Because I lost about 500k doing this before
But later, with the hard work of my team and I, my account came back. I came to this market. Just to share some good trading opportunities with you better. And how to trade. Correct trading. How to avoid some bad trades.
After ten years of working in the industry, I have a lot of experience in how to trade accurately. I hope my sharing will be helpful to you.
Crude Oil WTI
WTI Oil H4 | Pullback support at bullish Ichimoku CloudWTI oil (USOIL) could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 80.42 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 79.50 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level.
Take profit is at 82.34 which is a pullback resistance level.
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USOILOil analysis
Time frame 4 hours and 12 hours
Middle oil oil broke and stabilized its 12-hour trading range. Now it has formed a new 4-hour trading range, the supply and demand areas of which are clear in the picture. The price is expected to return to the limit of $80.7 and move towards the target of $84 by filling the FVG.
USOIL Technical Analysis! SELL!
My dear friends,
Please, find my technical outlook for USOIL below:
The instrument tests an important psychological level 81.44
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 79.69
Recommended Stop Loss - 82.73
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
CRUDE OIL (WTI): Your Trading Plan For Next Week
Crude Oil is consolidating after a strong bullish wave.
The price is stuck within a narrow range on a daily.
To buy the market with a confirmation,
wait for a bullish breakout of the resistance of the range.
A daily candle close above 82.0 will confirm the violation.
A bullish continuation will be expected to 83.5 level then.
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USOIL Will Move Lower! Sell!
Take a look at our analysis for USOIL.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 82.14.
Considering the today's price action, probabilities will be high to see a movement to 77.22.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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CRUDE OIL BULLISH BIAS|LONG|
✅CRUDE OIL will be retesting a support level of 80.50$ soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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Crude Oil upward trajectory !!NYMEX:CL1!
Crude oil is moving upwards by marking HH @ 95 and HL @ 81.5,
81.5 is .786 fib support from previous low),
Curved parallel channel suggests that max downward should be around 79; which is .886 fib level from 77.71),
97 & 104 will be crucial level in coming weeks as resistance.
USOIL, sell high and buy low to participateTechnical analysis of crude oil
Daily resistance 83.4, support below 79
Four-hour resistance 81, support below 80-78.5
Crude oil operation suggestions: Crude oil 4-hour chart is still shrinking and consolidating, and short-term contraction and shock are waiting to accumulate momentum to open up space. In the short term, there is still an expectation of further downward adjustment. Today's upper resistance focuses on the opening of yesterday's hourly line around 81.3-81.5. The intraday rebound relies on this position to continue to look down with the main short. The short-term support below focuses on 79.7-79.5. The European and American markets stabilize at this position once more and then look at shocks and rebounds. Sell high and buy low (At the same time, beware of the technical changes and there is also a warning of a sharp drop and wash)
SELL:80.7near SL:81.10
SELL:82.0near SL:82.40
SELL:83.4near SL:83.70
Technical analysis only provides trading direction!
Oil is still under Bearish PressureHello Guys,
I see a larger Timeframe Consolidation since some Years from 98 - 70 Dollars. We have approached the middle Line of this Yearly Consolidation Line and see some weekness taking place. However, for this idea to be confirmed I will wait for the black trendline to be broken and have a bearish pattern below it.
This may take place from the green highlighted area of 84-86 - a break of the area with a retest would be bringing more optimism from bullish territories into the fields. Below this I believe that we are going to see a leg lower - with the targets being 80 - 75 - 70 Dollars.
I will use my trading strategy to enter safely on the lower timeframes. Ideally this will happen on the 2h-4h Chart - but I prefer to enter on the hourly.
USOIL BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
USOIL pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 77.06 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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USOIL - Accumulation phase !!Hello traders!
‼️ This is my perspective on USOIL.
Technical analysis: Here we are in a range, so we have opportunity both for long and for short. We can consider that range as a bullish flag and open a long position above 82.00, or price could confirm regular divergence in waves and open a short position below 80.20.
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WTI Crude Oil (USOIL) 1-hour chart - SELLThe market is currently in an uptrend with higher highs and higher lows.
Recent price action suggests a potential reversal or pullback from the resistance zone.
Resistance Zone: The shaded grey area around 82.127 - 82.220 is a significant resistance zone where the price has shown rejection.
Support Levels: Immediate support is around 80.473 - 80.417, marked by the red lines. A stronger support level is at 77.000, a psychological round number that aligns with previous lows.
Above the resistance zone at 82.220, there may be buy-side liquidity where buy stops from short positions could be placed.
Below the support level at 80.417, there may be sell-side liquidity where sell stops from long positions could be resting.
The overall analysis suggests a bearish bias for USOIL (WTI), expecting a potential reversal or pullback from the resistance zone around 82.127 - 82.220.
WTI support continues to attract buyers.WTI - 24h expiry
Bespoke support is located at 80.70.
Offers ample risk/reward to buy at the market.
Our short term bias remains positive.
50 4hour EMA is at 80.73.
80.59 has been pivotal.
We look to Buy at 80.75 (stop at 79.95)
Our profit targets will be 82.75 and 83.25
Resistance: 81.50 / 82.24 / 83.00
Support: 80.50 / 79.50 / 79.00
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USOIL BULLISH PRESSURE ( 4H )USOIL
HELLO TRADERS
in the last chart at 10 JUN , as mentioned rising reach our target
Tendency the price is a bullish pressure in 80.16
TURNING LEVEL : the price turning level at 80.16 , price stable below this level it becomes reach a support level , but if breaking this level active bullish area , to reach a resistance level
RESISTANCE LEVEL: if the price trade above turning level at 80.16 , the price will rise to 82.85 then stable this level reach to 85.04
SUPPORT LEVEL : the price breaking turning level 80.16 , it will reach the support level of 78.18 and 75.63
CORRECTIVE LEVEL : price will 80.16 , correct itself before long
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