Technical analysis for Crude oil, the price reached the first target of the pullback on the monthly chart, the 0.618 FIB retracement at 88.00$. If the price of US oil…
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Crude Oil - Technical Analysis
We publish our technical analysis for Crude Oil when we see technical changes in the charts. We focus on breakouts, technical patterns, key support, and resistance levels, combined with a trend/wave-based analysis.
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US Crude Oil Technical Analysis, the price rejected a resistance zone on the monthly chart
Technical Analysis for the US Crude Oil, the price rejected resistance zone around 115$ with a high-test candle on the monthly chart, starting a pullback. The first target for this…
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US Oil Technical Analysis, the price formed a double top on the weekly chart
Technical analysis for US Oil, the price formed a double top on the weekly chart, signaling a pullback. The first target for this pullback is the 0.382 FIB retracement on…
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US Crude Oil Technical Analysis, bearish pressure accelerated
Technical analysis for US Crude oil, the bearish pressure accelerated after the price of Crude oil broke below the previous daily low at 74.74. The first target for the bearish…
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US Oil Technical analysis reached the first target of the weekly bullish wave and started a retracement
Technical analysis for US Oil, the price reached the first target of the bullish weekly wave at 1.272 FIB extension at 76.10, the price reach as high as 76.95 and…
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US Oil Technical Analysis, the price formed tweezer bottom on the weekly chart and breakout three weeks range to the upside, a signal for further upside potential
Technical analysis for Crude Oil is showing that the price formed tweezers bottom on the weekly chart and breakout three weeks range to the upside, a signal for further upside…
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US Oil Technical analysis, the price retested previously broken trend line and closed with a low-test candle on the weekly chart ahead of the OPEC meeting
Technical analysis for Crude Oil is showing that after the initial leg down, the price bounced from the previously broken trend line, which now is a support on the weekly chart…
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US Oil Technical analysis, the price reached both horizontal and dynamic resistance and started a pullback
Technical analysis for the Crude Oil is relieving that the price almost reached the first target of the 3rd bullish daily wave at 1.618 FIB extension around 70.00. The price…
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Crude Oil – price broke 3 weeks range to the upside
Technical analysis 7 – 13 FEBRUARY 2021 The price broke 3 weeks range to the upside on both the weekly and the daily charts, also on the daily chart the…
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Crude Oil – technical analysis for 2021
The price broke above the range between 34.35 – 43.75 and above resistance zone, above 41.35, extending the bullish weekly run and continue the 3rd wave of the daily bullish…
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