The price is at a crossroads and tomorrow's data will be, as always, decisive for the decision-making that will direct the market in the coming days. I will be waiting for this most likely downward movement, but always paying attention to what the price shows at any given moment. Be careful, trade safely and stay calm. I wish you all an excellent trading week!
#USOIL... First market HITT our upside targeted areas and then dropped. Now it reached near to his one of the most important supporting area 72.10 That level can change the overall acnerios of market. Keep close it because if there is any kind of buying scnerio exist then it should be hold this area. 72.10 Keep close and stay sharp. Good luck Trade wisely
USOIL / 4H TIME FRAME The overall trend is downward , until trading below FVG . As long as prices stay below the turning level of 74.78, a decline is expected, potentially reaching the support level (1) at 73.03, and then 71.51. However, if prices break above the turning level and close a 4-hour candle above it, the trend may shift upward, with potential to...
Hello traders, In the realm of commodity trading, market fluctuations often align with the influx of information. Nevertheless, as we near the end of the month, a distinct pattern emerges: news tends to quiet down and data liquidity diminishes. During this period, analogous to calm waters in the market, lies both a challenge and an opportunity. This juncture not...
📉 There's a strong flag limit or support area holding the price up for a long time. ⏳ However, this level won't hold much longer and is expected to break soon. 🚨 The price is likely to drop sharply to break Flag Limit 💰 Target price: $57.3. 📊 Stay prepared for potential downside momentum!
#USOIL.. market just reached at his supporting area and importantnt thing is market closed his day candle above his supporting area. That is around 73.90 Keep close that area because if market hold it then again bounce expected from here. Good luck Trade wisely
After achieving our long position target, we initiated short trades and have already secured a good profit. Orders are now being closed in batches. From a trend perspective, there's a short-term need for a rebound, though it likely won't be strong. There's still some downside potential, mainly considering the need to fill the gap around 74.9. In the medium...
Oil prices have fallen sharply recently and have touched the support level near the previous low. There may be a range of fluctuations here, but the final breakthrough must be upward, so my trading direction is very clear, buying around the 73-70 area, with a target of 75-78.
The current USOil chart exhibits clear signs of price overextension, with the asset pushing into a critical resistance zone. Given this technical setup, a retracement appears probable. My strategy involves seeking a long entry, but only if the price experiences a pullback to the key Fibonacci retracement levels, specifically targeting the 50% to 61.8% zone. It's...
A ‘hammer candle’ is one of my favorites and we can see a nice one in the weekly chart of oil. It also appears at a major support (73.00) and at a rising trend line. If you are not a fan of the hammer candle like I am, just look left on my chart and see what happened in the past when this candle appeared. But “when” to trade is always a question, directional...
Hello Traders ! On Wednesday 21 August, The USOIL price reached a strong support level (70.65 - 71.50). The Last Lower High is broken (Change of Character). So, I expect a bullish move📈 ______________ TARGET: 77.95🎯
#USOIL.. market perfectly hold our major supporting area that was mentioned in our last idea and you can see. am looking for a bottom out here. importnat supporting areas will be 73.90, 74.10 minors suppoting areas will be 73.40 n 72.45 keep close that areas and if market hold your fresh region then further buying will be valid from now. dont be lazy here....
USOIL has HIGH VOLUME long candles, looking to reach the 78 - 80 range. It has recently broken through multiple support zones with HIGH VOLUME, showing that USOIL is likely to increase further in the coming days. I'm looking for it to enter back into the support zone, and we will see if it bounces or rejects and breaks lower. It could, on the other hand, not...
USOIL / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 74.76 Downward Condition: With the price holding steady at the current turning level at 74.76 , it is likely to decline towards the support level of 72.81. If it stabilizes below this level, it could then reach the next target level of...
#USOIL.. well market again near to his most expensive area around 72 As you can see a massive holding of this area is history and now again market at this level. Guys it will be market most expensive breakage if breaks and holding means again upside momentum can be possible . But cut n reverse keep in hand. Good luck Trade wisely
HELLO TRADERS Hope everyone is doing great 📌 A look at USOIL from MULTI TIME-FRAME ANALYSIS 🎯 CRUDE OIL INVENTORIES TOMORROW - 7th Aug release was more than expected which meant weaker demand and was bearish for crude prices. The same can be said if tomorrow a decline in inventories is less than expected. USOIL 4H TF * Friday & monday where strongly...
Wait until it reaches a high and then go short. For a month, I used the correct trading signals as a reference. This is what everyone can see. There is no mistake in the operation. I want to post my views here to save those who continue to lose money. Or those who don’t know how to trade or don’t make any profit. I just use my expertise. If you keep losing...
Oil is about to form an oversold rebound situation, and the target this week is expected to be above 74. The current price is around 72.2. The USoil quote on tradingview is used as the basis. Investors with large amounts of funds can buy in advance. If your trading continues to lose money. Or the profit is not ideal. Remember to refer to my trading instructions...