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Crude Oil Brent

CRUDEHello and welcome to this analysis UKOIL formed a Bullish Harmonic Gartley near $83.50 in weekly time frame and reversed from there. In the last few weeks after its 1st round of reversal from the Gartley PRZ it has formed a Cup pattern (rounding bottom) in daily time frame indicating a breakout above $98.50 for $106. While CRUDE OIL at MCX has formed an Inverse Head & Shoulder pattern in daily time frame indicating a breakout above 7700 for 8200 and 8800. The movement in MCX Crude will largely be impacted by US$-INR also, keep in mind that factor also.
TVC:UKOILLong
by Dinesh_C_Nagpal
MarketBreakdown | WTI OIL, NZDUSD, US100, EURJPY Here is a brief technical outlook for 4 instruments in my watch list. 1️⃣ WTI Crude Oil 🛢️ After a long-lasting bullish accumulation within an ascending triangle, the market broke its resistance on Friday. It looks like the market will keep growing. 2️⃣ NZDUSD 🇺🇸🇳🇿 The pair is very bullish since the middle of October. The price is currently approaching a local high. If the market breaks and closes above that, a bullish continuation will be expected to 0.6 level. 3️⃣ US100 (NASDAQ) Index 📈 After a three-weeks-long consolidation within a horizontal range, the market broke its support to the downside and closed below that. Now the market is retesting that. I believe that a bearish move will initiate soon. 4️⃣ EURJPY 🇪🇺🇯🇵 The pair is very close to a recently broken major rising trend line. With a high probability, we will see a bearish reaction from that, Pay close attention! Do you agree with my market breakdown? ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
TVC:USOILLong
by VasilyTrader
12
USOIL 1st NOVEMBER 2022US President Joe Biden will ask oil and gas companies to invest some of their record profits in lowering the cost of living in the country. Biden will ask Congress to consider requiring oil companies to pay a tax penalty. Biden has previously encouraged oil companies to increase production rather than use profits for share buybacks and dividends. The government is also relying on releasing supplies from the Strategic Petroleum Reserve (SPR) to ease the supply crisis.
TVC:USOIL
by DNP-FX
$WTI #USOIL Can Start To Rise Further, Can Go ParabolicTraders, USOIL has been rising after hitting our FCP zone as below. If 2 conditions of this set up are satisfied, it can start rising parabolically towards 100 again where we have an unfilled gap too. Manage the risk though! Aug 21: September 26: Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
TVC:USOILLong
by vikinsa
2
XAUUSD : IMPORTANT TA , READ the CaptionGOLD UPDATE : Still on the gold chart, I specified my opinion is still Bearish and its possible targets marked on the chart! Please note that today, as it is the first day of week, the market does not follow a particular trend, but the important levels mentioned in the current and previous analysis are valid! Previous Analysis : By examining gold in the 4-hour time frame, you can see that the price finally managed to hit all its important upward targets (Final Result is +520 Pips ✅) , and by collecting liquidity above $1668, it faced heavy selling pressure and corrected to $1644! According to the price trend, I expect further correction, and according to the analysis of the previous week, the price may soon move towards the liquidity pool of SELL STOPS below the price of $1615, if this happens after collecting liquidity below this level. We will probably face a temporary price pump, the range of this liquidity pool is from $1615 to $1606! The new Bullish Order Block is in the range of $1617.5 to $1627.5! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 10.24.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
OANDA:XAUUSDShort
by ArmanShabanTrading
47
CRUDE OIL (WTI) Waiting For Breakout🛢 WTI Crude Oil has recently dropped to a key daily structure support. The market is currently trading within a horizontal range. To catch the next trend-following move, watch 81.85 - 83.4 horizontal demand zone. Wait for its bearish breakout - daily candle close below that, then sell aggressively or on a retest. Targets will be 79.7 / 76.5 Alternatively, a bullish breakout of the underlined resistance may trigger a bullish movement. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
TVC:USOILShort
by VasilyTrader
7
CRUDE OIL CAN FURTHER TUMBLE BELOW $80Check out the trade plan for USTCBUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you! Oil faked a bullish breakout on the hourly minor trend formed and here we can clearly witness a failed breakout on the key level highlighted. This reversal is on the 4th impulse hinting us another minor trend to happen to the downside with respect to a bear flag breakout. Here I expect the price to revisit back another important low we have been moving close to or below $80 in the next few days.
TVC:USOILShort
by traderchamp_