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Crudeoilanalysis

WTI Crude oil : The retest to rule them all! 10.5Focus up! 100-101.50 is key retest level of support trend-line stretching back all the way to December 2021, with consistent higher lows. At the same time, it's also a retest level of the second higher high breakout stretching back from the peak of 128. China lock down is expected to ease within days, inflation is on the rise, EU oil ban for Russia is likely coming very soon. An unlikely daily close below 100 could signal further downside to 97 though very unlikely with current fundamental/technical combo. Do the math and keep the back noise out the picture, look only at key factors and act with caution and patience. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Thank you so much for reading! If you found my idea useful, it would mean a lot for me if you like and follow! It's a pleasure for me to help as many traders as possible master trading, so please ask me on the comments anything you'd like. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BLACKBULL:WTILong
by Exactus
2
USOil | New perspective for the week | Follow-up detailThis is a follow-up video to my previous analysis where we made over 1,000 pips in profit (see link below for reference purposes). Crude oil prices witnessed significant gains to close last week's trading session with approximately 8% growth as Moscow said it may cut oil production to offset price caps on Russian crude imposed by the G7 nations and the European Union. In the coming week, the chances of subdued trading activities are very likely and this might not be unconnected to the hangover of the holidays thereby reducing the liquidity in the market. In this video, we took a look at the chart from a technical standpoint where the $80 level will be serving as a major determinant of price movement for the new week. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FX:USOILSPOT
by darcsherry
WTI Crude oil : Last chance to buy before new ATH? 18.05Inflation, inflation, inflation. In China, 15/16 districts have zero Covid cases and all restrictions are set to be cancelled by June. Globally, the disease is under control - Pretty much insuring a very busy summer for travel. So fundamentally - Crude oil has plenty of room to rise in the short-term and mid-term. When we look at the technicals we see : 1) Clear breakout and retest above triangle consolidation which led to strong bullish movement and bull trend ongoing now. 2) Clear close above key support/resistance zone of 108-109. 3) Probable immediate term target is resistance zone of 112.90 to 114.80. 4) A break above 114.80 could be strong confirmation for rally back to previous high and above. 5) Range trading between 108 to 114.80 is also very possible. Bottom line - Good chance for strong rally, downside to 108 is possible. A close below 108 would be bearish in the immediate term. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Thank you so much for reading! If you found my idea useful, please like and follow! It would mean a lot. Don't hesitate to comment/ask me anything - I promise to respond to each and every one. I am not a financial advisor and encourage you to do your own research and be cautious when trading. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BLACKBULL:WTILong
by Exactus
16
#CRUDEOIL Weekly Major Support & Resistance Levls.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
MCX:CRUDEOIL1!
by Jha_Nidhi
Crude Oil Swing TradeThe idea here is about Crude Oil Swing Trade: I am bullish on short term for crude oil due to the below observed technical factors. 1. Support established on a daily chart at the point of falling wedge as per below: 2. Deep Crab Harmonic pattern completed on a daily chart as per below: 3. Leonardo Harmonic pattern completed on a weekly chart as per below: 4. Trading below 20 & 200 EMA on daily chart & weekly chart. 5. RSI is at 34.67 on a Daily Chart & 34.36 on a weekly chart at the time of publishing. 6. MACD below signal line on daily & weekly chart . Projected targets as per Deep Crab & Leonardo Harmonic provided in the chart & Weekly Image attached as above. Stop Loss: provided in chart. Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”. Do you like my TA & ideas!! Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations. Cheers.
CAPITALCOM:OIL_CRUDELong
by Tron029
4
CRUDE OIL TRADE ENTRYIn the crude oil we have strong level of resistance where price close on friday and sort of rejecting from 84.87 level and we also have 200 ema at 87.91 so this zone is very strong and oil need high volume to break this area and after this we have a strong trend line resistance to upside and price rejecting multiple time from this level also so i am looking selling entry from the current price if oil break its support to downside than we expect price come to yellow zone to fill the gap area and if price break to upside than we looking short from the selling close from the trend line for the target of yellow zone becoz crude oil have a very big gap and price need to fill this gap must/
BLACKBULL:WTIShort
by naumanfx_
My swing Full Margin Setup on WTI CRUDE OILThis setup taught by my awesome teacher, a legendary trader from Malaysia, Mansor Sapari. But man, to get this setup, you need to have a very very strong patience. Of course this setup is not my only setup to trade. In order to get a complete setup: Must have -fakeout -compression -cap price zone -support resistance -supply zone -resistance become support -breakout -double maru candlestick -divergence on MACD/AO -some times it goes well if there's a news (fundamental aspect) Sorry, my english is not very good to explain. But I'll to explain it in video next time. Please help me to grow my youtube channel, I would like to share and help others in trading. I also need to learn more stuff. Search & SUBSCRIBE my channel "The Musician Trader"
TVC:USOILLong
by AlfredFX3_16
1