Crude usoil is one of the most important commodities. X trade, one of the best trading platforms for crude oil, provides current US oil price and crude oil live chart price trend analysis in the form of crude usoil price chart to help users trade crude oil, do crude oil online trading, buy oil futures online and find new trading opportunities on USOIL WTI.
Oil update
Yesterday oil tried to pass the 93 $ but failed . In mean time formed a double top pattern . Not to mention we already failed to pass the Fib level 0.62 and cracked the uptrend and back test it yesterday . Going down to 88 is normal GOOD LUCK
Looking bearish ?
Hi traders I’m just waiting for confirmation to sell oil if it breaks this channel take profit at 90 Stop loss at 92.5 Good luck all if you like my idea like and share your opinion ☺️
technical analysis waveform analysis
I have experience in the direction of the market, technical analysis and wave analysis, with full confidence and strength, I say now (look for long-term selling to get off) what is my own analysis and it is very logical (in technical analysis we are now in the supply area and the price tried to penetrate that area but I respect the price and using Wave analysis:...
target is 87$ .wolfe wave+harmonic pattern+elliot wave
as we see that 5 impulse wave is complete and a wolfe wave and harmonic pattern is seen seeking 87$. If the U.S. CPI data comes in lower than estimated then look for the greenback to weaken, driving up demand for dollar-denominated crude oil. Last week saw the U.S. Dollar re-emerge as one of the biggest influences on crude oil prices after the greenback fell...
Oil update
Oil respecting the upward channel and failed in broke it . Now down side already confirmed and tomorrow we may see it starting Some wasting time today , but yes that trading some days are nothing to do . GOOD LUCK
Oil bullish with resistance at 97.59
Oil is in a bullish uptrend. Resistance 1 = 97.59
Crude Oil Remains Bullish
Hello traders, today we want to update our Crude oil chart compared to USDMXN currency pair from October 06. As you can see, Crude oil remains nicely bullish after we spotted a bullish reversal out of the wedge pattern. At the same time USDMXN pair is breaking out of bigger bearish wave B triangle pattern. Well, Crude oil is now trying to continue higher within...
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