Forex Blog |  wti

November 3, 2019 | 13:26

As we can see on the 30M time frame USOIL chart I marked the next key levels for a day trader. Below us, there is a great demand level for day trade buy position, This demand also broke out the supply from 31/10/19 which indicates a powerful demand. Above us, there is a great fresh […]

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September 16, 2019 | 09:51

WTI Reaches a New 4 Month High After Saudi Arabia Oil Field Attacks. Monday  16/09/2019 WTI price opens this trading week with a huge gap up. The price ended last week at 55.00 zones and open this week at 60.00. The highest level the price reach since the market opened is 63.00 zones which is […]

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September 4, 2019 | 13:28

Which One of The Triangle’s Border The Price Will Break First? Wednesday  04/09/2019 On the D1 time frame chart, we can the USOIL price creates a Descending triangle pattern. The Descending triangle pattern represents the forces of buyers who unable to push the price higher, And the sellers fighting to push price lower and creates […]

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August 8, 2019 | 10:53

What is the Swing/Long Term Destination For USOIL Price? Thursday 08/08/2019 The MACD divergence and the fresh supply in the USOIL price creates a swing sell position opportunity. While the USOIL price become bearish, the question is what will OPEC do about that? The delicate situation between Iran and western countries still going on, Just […]

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May 29, 2019 | 10:54

Price Action Analysis for USOIL Price 29/05/2019 In this 1D chart, we can see the USOIL price has developed a bearish momentum, For the long term. it seems the price is on its way to reaching the demand at the bottom which is 45.00 zones. In the 4H chart, we can see a great level […]

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May 21, 2019 | 13:47

Tuesday  21/05/2019 Key Levels For USOIL The left chart in the picture is the 4H chart. In this chart, at the moment we can see the US OIL price is between two critical levels. Where the price is now, there is no clear opportunity for the position, unless the price will create a new supply […]

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April 23, 2019 | 08:28

Tuesday 23/04/2019 As we heard 2 days ago, President Donald Trump announced new sanctions on Iran. that causes the USOIL price to jump away and creates new fresh demand, we can see this new demand in the 1Hour chart, that demand below seems like a great continuation level and I’ll buy there if the price […]

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November 20, 2018 | 09:31

For the long terms, as we can see on the daily chart, the USOIL is in a strong bearish momentum, I marked the next fresh supply&demand as a critical key level to look for a position, Above us there is a great supply level which can be a continuation of sell position, if the price […]

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