USOIL FUNDAMENTALS AND TECHNICALS USOIL (WTI Crude) is currently trading near the 72.00 level and is setting up for a potential breakout from a long-standing descending channel on the higher time frame (3D chart). Price has approached the upper boundary of this bearish channel after a strong bullish rally in recent sessions. This in
Oil’s Reaction to Geopolitical DevelopmentsOil’s Reaction to Geopolitical Developments
We must be cautious when trading oil.
Despite the unexpected attack by Israel on Iran last week, gold prices did not rise beyond $77.50.
In my view, oil prices remain largely under the influence of the U.S. and OPEC+, with Trump opposing any significan
WTI Crude Oil Regains Bullish MomentumWTI Crude Oil Regains Bullish Momentum
WTI Crude oil prices climbed higher above $70.00 and might extend gains.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil prices started a decent increase above the $65.00 and $68.50 resistance levels.
- There is a major bullish
OIL 2 Best Places For Buy Very Clear , Don`t Miss This 1000 PipsHere is my opinion on oil , we have a very aggressive movement to upside and this is normal right now , i`m looking to buy this Pair if the price go back to retest my support and this will be the best place to buy it for me , and if the price moved directly without retest it i will wait the price t
WW3 Scenario - Bull flag potentialWe bottomed at the gap fill at $57, a long term target I had been expecting. A bullish retest at the golden pocket followed, now all we need is a clean break above $80 to end the lower high downtrend. I don't want to comment on politics, but suffice to say the price of oil will tell us what's really
Crude oil prices test 10-week highs amid trade optimism!Crude oil prices are testing fresh 10-week highs today, with WTI futures flirting with the key resistance level at $65.50, a price not seen since the onset of trade tariff tensions in early April.
Investor sentiment remains cautiously optimistic as US-China trade talks continue in London this week,
Crude Oil Eyes 65.40 Support Amid Middle East Uncertainty!!Hey Traders,
In today’s trading session, we’re closely monitoring USOIL for a potential buying opportunity around the 65.40 zone. The commodity remains in an overall uptrend, and is currently undergoing a corrective phase, approaching a key support/resistance area near 65.40. This level aligns well
USOIL BEARS WILL DOMINATE THE MARKET|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 73.10
Target Level: 68.31
Stop Loss: 76.29
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Displays a symbol's price movements over previous years to identify recurring trends.