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Usoilanalysis

Easily make money for you with crude oil trend analysis Crude oil prices fell back from highs and will bottom out and rebound From yesterday to today, the overall trend of crude oil fell back after rising, with $80.5 as the resistance level and $77.6 as the support level. The U.S. Department of Energy announced the purchase of approximately 3 million barrels of oil for delivery in September to replenish the Strategic Petroleum Reserve; Attacks by the Houthi armed forces in the Red Sea region have also blocked oil shipments and disrupted tanker activities; EIA report: The four-week average supply of U.S. crude oil products was 19.499 million barrels per day, a decrease of 1.25% from the same period last year; Combining the above data and events, I believe that the current crude oil price will fluctuate around $77.8 and then show an upward trend. Recommendation: Go long around $78 TP:79.5 SL:77 Listen to my signal and advocate seeking victory in stability and not making rash advances. Comments welcome
FX:USOILLong
by Gold_Digger_King
USOIL H1 / Long Trade Execution Idea 💡💲Hello Traders! This is my idea related to USOIL H1. I expect the price to go bullish as it reacted perfectly from the OB level and also the support area. I expect the following scenario, the price will retrace again in the OB area and after that, I expect it to rise until the price of 79.45. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
TVC:USOILLong
by GoodTradeST
Today's crude oil trading analysis Today's crude oil trading analysis Yesterday, crude oil continued to fluctuate upwards, and the second time it tested high, it looked around 80.7, but it has not yet formed a breakthrough. The recovery range in late trading was within 80.0, and the daily closing line had an upper shadow line, which is still in the stage of shock and rise. At this stage, it is being set The upper track of Linguan is oscillating and is expected to break through the upper track. From the daily chart, crude oil is expected to continue to fluctuate upward along the upward trend line in the short term. In the short term, buy at low prices. Recommendation: Buy crude oil at $79.6 TP 80.5 SL 78.6
TVC:USOILLong
by Gold_Digger_King
1
Usoil-Breaking through the shock range Yesterday, representatives said: OPEC+ agreed to extend the reduction of positions until the end of the second quarter Last Friday, oil also hit a new high this year, reaching a maximum of 80.8. OPEC's reduction in positions will also be beneficial to the rise of oil in the short term. Therefore, oil is still waiting to fall to the support point to buy. Only by controlling your position reasonably can you make a profit. Join me and follow my strategies, your trading success rate will be higher
TVC:USOILLong
by UnknownUnicorn66789012
1
USOIL H4 / Long Trade Opportunity ✅💲Hello traders! This is my idea related to USOIL H4. I expect the USOIL to go bullish after the retracement from the OB and supply area. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
BLACKBULL:WTILong
by GoodTradeST
WTI OIL (USOIL) Technical AnalysisUpon examining the WTI (West Texas Intermediate) crude oil chart, we observe a robust bullish trend, accompanied by a retracement to the 78.6% Fibonacci level. This significant pullback warrants attention, as price action appears poised for a deeper correction. In our analysis, we consider historical price swings, taking into account seasonality patterns from previous years at the same time. By doing so, we explore the likelihood that institutional players may be positioning themselves to drive prices lower, targeting liquidity zones below previous support levels. Additionally, an imbalance is evident on the 4-hour timeframe. Disclaimer: This technical analysis serves as an opinion and should not be construed as financial advice. Traders and investors should conduct their due diligence and seek professional counsel before making any trading decisions.
TVC:USOIL
by fxtraderanthony
The rules for making money in oil in the short and medium term From the four-hour chart of crude oil, oil prices are still in the rebound stage. Mainly fluctuating and rising, it continues to test the upper edge of the channel. Judging from the past background of this round of testing, the accumulated momentum is sufficient, and the mid-term trend will mainly be upward. The short-term support is mainly strong support from OPEC production cuts. The demand for oil prices has increased significantly, and geopolitics has once again consolidated the status of this hard currency. If the dollar falls due to some economic fallout, oil will rise even faster. Trading on March 4 was dominated by buying at low prices. Buying transactions can be conducted near the price of 80. If you are a mid-term trader, you can buy at low prices in batches. The target position for this week is above 83. Whether you are a mid-term trader or a short-term trader, you need to pay attention. You can stop trading after making a profit. Prevent profits from blowing back and causing losses at the same time. This price is based on the tradingview oil price as a reference. Accurate prices and trading opportunities for real-time trading. Stay tuned. TVC:USOIL FX:USOIL FOREXCOM:USOIL GBEBROKERS:USOIL FX:USOILSPOT BLACKBULL:USOIL.F
TVC:USOILLong
by T0_messenger
USOIL, LongPrice has been growing in an ascending channel since price hit low @ $67.68 on December 13th, 2023. Fundamentals reported two weeks ago revealed that the Iraq refinery has been re-opened since its closure more than 10 years ago and that meant more supplies which fell the oil price from $78.69 to $75.73 The following week was met with USOIL demand where buyers picked the price from the $75.73 all the way up to $80.3 by the end of last week's market closing. What do i expect this week?? I expect the USOIL price to retest the support and liquidity zone at $78.24 and with this holding, price could drive up to $81.95 that is if the support holds. My Support is $78.240 and target is $81.95
FX:USOILSPOTLong
by AbeikuGlobal_FX
2
USOIL | POTENTIAL BREAKOUT IMMINENTUSOIL finds itself at a critical juncture, facing a formidable horizontal resistance level at 79 that has proven unyielding since November 2023. However, a noteworthy development is underway as it sustains its position above the DEMA100 for the first time since October 23. Furthermore, there is discernible formation of an inverted head and shoulders pattern within the confines of the 79 resistance zone. This pattern typically signifies a bullish reversal, hinting at the possibility of a breakout. To confirm the bullish momentum, the bulls need to achieve a daily close above the 79 mark, which would effectively unlock potential upside opportunities. It goes without saying that maintaining a stop-loss level below 76 provides a prudent safeguard for any long positions. Additionally, the EMA100 serves as a dynamic trailing stop-loss indicator, aiding in managing risk effectively.
TVC:USOILLong
by TradeTrio
USOIL: Trading in the range of 75.5~79Crude oil technical aspects Daily resistance is 79.2, support below is 75.5-74.4 Four-hour resistance is 76.8, and support below is 75.5-74.4 Crude oil operation suggestions: Judging from the daily analysis, crude oil prices fell last week and closed down, and the bullish trend weakened, but the overall trend was still bullish. The daily level has not exceeded 79.00, and below it is the support of 75.5-74.4. Today, focus on trading in this range.
TVC:USOIL
by ActuaryJ
2.26-3.01 USOIL Weekly OutlookHello traders, Last week, USOIL did not break through the weekly structure. Does it mean this smile curve fail? Not exactly, it looks like a longer time and wider space for USOIL to sideway move in at the bottom. Check this left weekly chart for details. In the 4H right chart, USOIL is making a bearish 4H top again, so it could be safer to follow this 4H bear swing first. And then find a new opportunity to buy from the bottom again. GOOD LUCK ON THIS WEEKLY PLAN. LESS IS MORE!
TVC:USOIL
by FUNTRADER-Vera
US CRUDE OIL 4H : Support further rise up US CRUDE OIL New forecast The price of oil is finding it difficult to continue rising, showing some bearish tendency and approaching the $76.00 barrier. We believe that opportunities are available to resume the expected upward trend in the immediate term, whose next target is at 77.00, 78.00. Therefore the upward scenario will be more likely during coming period ,While the 50 moving average provides support for the price from below, keeping in mind that breaking 76.00 and holding below it will stop the expected rise and put pressure on the price to make some downward correction before returning to the rise again. The expected trading range for today is between support 75.06 and resistance 78.97 until stabilized . support line : 76.00 , 75.06 resistance line : 77.06 , 78.00 Attention : We don't have any group in telegram be careful about scammer. Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOILLong
by Arazmajeed
6
USOIL Sell Setup🚨 Crude Oil #WTI 🗓️ Date: 12 February, 2024 ⏰ Timeframe: Daily 💡 Given in the chart – ♦️ Green (long term support) = 67.50 ♦️ Red (resistance) = 78.85 The price has been in the range (red color) on the chart since December last year. Price touched this range several times but failed to deliver a breakout. As long as this range remains active, the potential trend will be neutral. ✅ Those who like to trade in Crude Oil, please take Buy position near the support level of the range and Sell position near the resistance level. That is, bounce trading strategy ✅ As long as the price is not able to break this range, you can accept entries according to this pattern. 🚫 Remember, while staying within the range, no Buy/Sell entry can be taken in intermediate positions. Either let the price approach the resistance level or the support level, then take a reversal entry.
FX:USOILShort
by GreenFxTrading
OIL BULLISH MORE !!HELLO FRIENDS!! As I can see USOIL is now trading above the uptrend line and it will be more bullish because of Asian Demand and War in Middle East Technically also it showing us clear view that it is holding above the support level and trading in bullish trend after a small reversal we expecting more buys in USOIL Trade As you can see our pervious entry on USOIL is preforming great job chart is attached in comment and we are loading more bags on this after a little Dip Friends Geopolitical Issue vs Supply & Demand is a clear view for Oil Prices It's just a trade Idea share Ur thoughts with us it help many other traders Stay Tuned for more updates.
TVC:USOILLong
by APEX_TRADING_ACADMEY