Crude Oil Futures (CL1!) | H4 Potential Bearish ReversalType:Bearish ReversalKey Levels:Resistance: 80.45Pivot: 78.59Support: 75.29Preferred Case:Looking at the H4 chart, my overall bias for crude oil futures (CL1!) is bearish due to the stochastic oscill...
2 months agoCrude Oil Futures (CL1!) | H4 Heading into Pullback ResistanceType:Bearish ReversalKey Levels:Resistance: 77.04Pivot: 74.84Support: 71.85Preferred Case:Looking at the H4 chart, my overall bias for crude oil futures (CL1!) is bearish due to the price tradi...
2 months agoBrent Crude Oil Futures (BRN1!) H4 | Resistance at 61.8% Fibonacci RetracementType:Bearish ReversalKey Levels:Resistance: 81.80 Pivot: 78.87 Support: 76.13Preferred Case:Looking at the H4 chart, my overall bias for Brent crude oil futures (BRN1!) is beari...
2 months agoCrude Oil Futures (CL1!) H4 | Pullback Resistance at 23.6% Fibonacci RetracementType:Bearish ReversalKey Levels:Resistance: 75.31Pivot: 73.68Support: 71.55Preferred Case:Looking at the H4 chart, my overall bias for crude oil futures (CL1!) is bearish due...
1 month agoOPEC Cuts Demand Forecasts on China OutlookOil prices are looking tentatively more stable today following a sharp drop yesterday. Crude futures sank to their lowest level since May 2023 as concerns over the Chinese demand outlook moved back into focus on...
1 month agoCrude Oil (CL1!) H4 | Rising into ResistanceType:Bearish ReversalKey Levels:Resistance: 70.07Pivot: 67.61Support: 65.27Preferred Case:Looking at the H4 chart, my overall bias for crude oil futures (CL1!) is bearish due to the price trading within the bear...
1 month agoCrude Oil Futures (CL1!) H4 | Potential Bearish Breakout Type:Bearish BreakoutKey Levels:Resistance: 70.32Pivot: 68.73Support: 66.63Preferred Case:Looking at the H4 chart, my overall bias for crude oil futures (CL1!) is bearish due to the price trading un...
1 month agoOil Traders Monitor Middle East RisksOil prices are looking a little more muted through early European trading on Friday following a fresh surge higher yesterday. Traders are watching developments in the Middle East with caution amidst an uptick in aggres...
3 weeks agoCrude Oil Futures (CL1!) D1 | Potential Bearish ReversalType:Bearish ReversalKey Levels:Resistance: 75.91Pivot: 71.79Support: 65.75Preferred Case:Looking at the D1 chart, my overall bias for crude oil futures (CL1!) is bearish due to the price reaching a...
3 weeks agoCrude Oil Futures (CL1!) H1 | Intense Bearish MomentumType:Bearish ReversalKey Levels:Resistance: 68.47Pivot: 67.58Support: 66.23Preferred Case:Looking at the H1 chart, my overall bias for crude oil futures (CL1!) is bearish due to the price trading withi...
2 weeks agoOil Pushing LowerOil prices are pushing lower today, weighed on by a stronger US Dollar and fresh concerns about oversupply in the market. Notably, worrying developments in the Middle East have failed to boost oil prices, suggesting that for now traders a...
2 weeks agoCrude Oil Futures (CL1!) H4 | Heading into Swing-high ResistanceType:Bearish ReversalKey Levels:Resistance: 74.38Pivot: 72.18Support: 66.95Preferred Case:Looking at the H4 chart, my overall bias for crude oil futures (CL1!) is bearish due to the price app...
2 weeks agoCrude Oil Futures (CL1!) D1 | Rising into Multi-swing-high ResistanceType:Bearish ReversalKey Levels:Resistance: 80.26Pivot: 77.42Support: 73.24Preferred Case:Looking at the D1 chart, my overall bias for crude oil futures (CL1!) is bearish as the price ri...
5 days agoMiddle East ImpactOil prices cratered lower on Tuesday as traders reacted to the latest developments in the Middle East. According to reports, Israeli PM Netanyahu has bowed to pressure from the US and agreed to a limited strike on Iran. Where previously,...
1 day ago