Oil Price Analysis and Charts Crude oil prices sink again End-demand worries continue to overshadow a more bullish supply picture The technical charts may point to further short-term losses Recommended by David Cottle How to Trade Oil Crude oil prices struggled again on Wednesday in Europe, extending consistent falls seen since mid-August. The energy market
Oil (Brent Crude, WTI) Analysis China crucial to oil demand outlook, data sensitivity expected Brent crude oil and WTI eas ahead of EIA storage data and Jackson Hole IG client sentiment briefly shifted net long – complicating the outlook The analysis in this article makes use of chart patterns and key support and resistance levels.
Hello traders, Today I spotted three trading setups and i placed four positions in total. My first setup was in EURJPY M30. It was a well-formed Supply Zone that was formed in within higher timeframe Supply Zone. I clicked on the Zone Label and i created two Short Positions. My first TP Target was at
In the dynamic world of financial markets, traders are always on the lookout for tools that can help them make informed decisions. One such tool that has gained significant attention is the Shved Supply & Demand MT4 Indicator. This indicator, renowned for its effectiveness in technical analysis, serves as a valuable asset for traders seeking
New feature will be added on SUPPLY DEMAND EA PRO. Now you will be able to see next to the zone label the Relative Size Label. This label indicates the Size of the Zone comparing to the size of the whole chart of the current timeframe, and it is different from the Absolute Size of
In the fast-paced world of trading, having a strategic edge is essential. One tool that has gained significant popularity among traders is the Supply and Demand Zones MT4 indicator. This indicator empowers traders to make more informed decisions by identifying key areas of buying and selling interest on price charts. In this article, we’ll dive
2023 growth seen at 2.44m bpd 2024 growth seen at 2.25m bpd OPEC output fell 836k bpd to 27.31m bpd in July after Saudi voluntary cut Sees prospects for healthy oil fundamentals in H2 OPEC’s data suggests 2 million barrel a day supply deficit WTI crude is down 58-cents to $83.83. OPEC’s demand assumptions for
Hello traders, Today I spotted two trading setups. My first setup was in GBPJPY M15. It was a well-formed Supply Zone that was formed in compliance with Bearish Trendline. I clicked on the Zone Label and i created two Short Positions. Price started to go deeper inside the zone and i started loosing my confidence
Good day! This is the first week using the updated indicator. Algo trading is 43 percent as i was trading manually until i added my trade assistant expert advisor which we will include in our portfolio in a week. The zones are giving excellent targets and stoploss points, so even with a few trading mistakes
Hello traders, Today I spotted two trading setups. My first setup was in CADJPY M5. It was a well-formed Supply Zone that was formed in compliance with Bearish Trendline. I decided to place two positions on this setup. So i clicked on the Zone Label and i created two Sell Market Orders. The first TP
