Get started

Usoilidea

Momentum Builds in Oil Wait for the Next Long EntryFirst and foremost, the oil market has been showing remarkable momentum lately, and I believe we are on the brink of a potentially profitable move. The latest Simple Moving Average (SMA) crossover signals a solid bullish trend, indicating an upward price movement. This is a great sign for us looking to capitalize on the market's upward potential. But that's not all! The Moving Average Convergence Divergence (MACD) indicator, a reliable tool for identifying trend reversals and momentum shifts, remains profitable. It confirms the bullish sentiment and suggests further upward movement in the oil market. This is undoubtedly a thrilling time for us oil traders! Now, let's talk strategy. While the current indicators are promising, it's crucial to exercise patience and wait for the next opportune moment to enter a long position. Timing is everything, and we want to maximize our potential gains. Therefore, I encourage you to remain steadfast and wait for the perfect long entry point. To make the most of this exciting momentum building up in the oil market, I urge you to: 1. Stay vigilant: Monitor the market closely, monitoring the SMA crossover and MACD indicators for any potential shifts or confirmations. 2. Analyze the trend: Study the charts, conduct thorough technical analysis, and seek insights from reliable sources to understand the market's behavior comprehensively. 3. Plan your entry: Set clear criteria based on your trading strategy and risk management principles. Waiting for the next long entry will ensure you enter the market at an optimal point. 4. Stay informed: Subscribe to reputable oil market newsletters, follow trusted analysts, and discuss with fellow traders to stay up-to-date with the latest developments and insights. Remember, patience and discipline are the keys to success in trading. While the excitement is palpable, let's not rush into any hasty decisions. We position ourselves to make the most of this good momentum by waiting for the next long entry point.
TVC:USOILLong
by bryandowningqln
Exciting Opportunity: Oil Price Surges Amidst Record-Low Supply!In the past week, we have witnessed an unprecedented surge in oil prices, driven by a third consecutive week of negative oil supply and the lowest levels seen since January. This remarkable turn of events presents an exciting opportunity for all oil traders to capitalize on the market's volatility and maximize their gains. The current market conditions have set the stage for an exciting rally, and it's time for us to seize the moment. By loading up on oil now, you can position yourself to reap substantial rewards as the demand for this precious commodity continues to soar. Why should you consider taking action immediately? Let me share a few compelling reasons: 1. Unprecedented Supply Deficit: The consecutive weeks of negative oil supply have created a significant deficit in the market, leading to a price surge. This rare occurrence presents a unique opportunity for you to enter the market in an advantageous position. 2. Lowest Levels Since January: The current oil price is at its lowest since the beginning of the year. This means you can buy at a relatively low cost, with the potential for substantial gains as the market rebounds. 3. Increasing Demand: As economies worldwide recover from the impact of the pandemic, the oil demand is on a steady rise. By loading up on oil now, you can position yourself to meet this growing demand and benefit from the resulting price appreciation. So, what are you waiting for? This is the moment to act swiftly and decisively. By taking advantage of this extraordinary opportunity, you can potentially secure your financial future and achieve remarkable success as an oil trader. I urge you to make the most of this exciting turn of events by increasing your oil holdings and strategically positioning yourself for immense profits. Remember, fortune favors the bold; this is your chance to boldly move in the oil market!
FX:USOILSPOTLong
by bryandowningqln
Sell your oil as interest rates could go up? I am writing to discuss the recent fall in oil demands due to the interest rate hike. As you may already know, the Federal Reserve has raised interest rates, which has caused a ripple effect throughout the market, including the oil industry. Unfortunately, this has resulted in a decrease in oil demand, which has caused prices to fall. As a result, we are urging all to consider selling any open oil positions they may have. While we understand that this may be a difficult decision, we believe it is in your best interest to take action before prices fall even further. We encourage you to consider your options carefully and decide what is best for your needs and goals. In closing, we want to remind you that the market is constantly changing, and it is essential to stay informed and make informed decisions. We are here to help you navigate these changes and make the best decisions for your portfolio. Thank you for your time, and please do not hesitate to comment with any questions or concerns.
TVC:USOILShort
by bryandowningqln
2
Oil drops as BOE and other central banks raise interest ratesI want to bring attention to recent developments in the oil market, in relation to have recently announced plans to reduce their oil purchases, in response to the spike in interest rates from the central banks of England, Norway, and Switzerland. This move by central banks is significant, suggesting a shift from reliance on oil as a critical commodity. With interest rates rising, companies are likely to be more cautious in their oil purchases, which could have a knock-on effect on the oil market as a whole. I encourage you to stay informed about the oil market and to consider your investment options carefully. It is clear that the market is evolving, and investors need to be prepared to adapt.
TVC:USOILShort
by bryandowningqln
USOil Tumbles to $28: Path Predicted by Fibonacci ClusteringMy Fibonacci Clustering model reveals a potential downturn in USOIL prices to as low as $28 per barrel. This observation is rooted in the unique properties of Fibonacci sequences - their self-similar and repetitive nature often mirrors price action in a wide array of financial markets, including commodities such as oil. Historical evidence supports the plausibility of oil prices plummeting to such lows. The oil price slump of 2016, which saw USOIL drop to below $30, demonstrated how market oversupply, geopolitical tensions, and shifting energy policies can dramatically impact oil prices. Bear in mind that oil markets are influenced by a multitude of factors - supply-demand dynamics, geopolitical events, economic indicators , and even climatic conditions, among others. Thus, while the Fibonacci Clustering points to a potential downturn, this is just one piece of the puzzle.
TVC:USOILShort
by MichaelBsul
Crude oil trends Today's crude oil rose as scheduled, came to around 69.4, today in the transaction we chose to go long, got a very good profit, it seems that OPEC+ decided at the early June meeting to extend the current crude oil production reduction plan, and Saudi Arabia promised to cut crude oil production by 1 million barrels / day in July, and said that it will extend further if necessary, which may ease the decline in oil prices. In addition, the United States further purchases crude oil to supplement strategic reserves, may also bring some support to oil prices, next, the market will pay attention to OPEC's monthly short-term energy outlook report, crude oil should enter a shock adjustment period tomorrow, and then narrow the range of shocks, trading ideas recommend low long, with stop loss trading, reduce trading risks Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
2
Crude oil analysis next week Next week's regular data API and EIA data, this week the United States to June 2 EIA crude oil inventories -451,000 barrels, expected 1.022 million barrels, previous value of 4.489 million barrels; the United States to June 2 EIA strategic petroleum reserve inventories -1.867 million barrels, previous value -2.518 million barrels; June 14 The United States will release API and EIA crude oil inventory changes for the week ending July 22, and inventories are expected to continue to decline. If the overall is bullish for crude oil as expected, more detailed is to see the expected EIA data after the release of API data. Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
1
Crude oil trading on Friday Oil crude oil is now rising to around 71, after reports that Iran and the issue of nuclear enrichment and oil exports are close to reaching an interim agreement, but oil prices rebounded from earlier declines at the close, as the United States denied reports that the two countries were close to an interim nuclear deal, in addition, gasoline inventories increased more than expected, crude oil has been volatile recently, and the crude oil strategy given yesterday is also a perfect take profit. Today's crude oil is mainly long at a low level. Personal Trading Strategy: usoil:buy@70-70.5 tp71.5-72 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
1
Crude Oil Today The crude oil strategy given earlier, we chose to reduce positions after getting a profit at 72.7, it seems completely correct at present, crude oil fell to around 69.3, it seems that the short-term support below is around 67.3, today's release data to see that crude oil is bullish, I think there is still an opportunity to go long Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
Crude oil continues to go long Benefiting from the reduction of crude oil inventories and the impact of Saudi Arabia's planned production cuts, the upward trend of crude oil is obvious, and oil prices are expected to fluctuate in the range of 71.00-73.85 today Today's Crude Oil Trading Strategies: usoil:buy@71-71.5 tp72-72.5 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
2
BluetonaFX - USOIL PRICE ACTION ANALYSISHi Traders, Although we are all in the middle of key fundamentals in Russia, Saudi Arabia and the US, US Oil is still trading beautifully technically. Here on the 1D chart, we are in the range zone and have been in the past few weeks or so. We first had a price gap (shown on the chart) to break the range zone and rally up to 83.49, which is our upper Vector level. After reaching 83.49, there was a pullback to fill the price gap with a very aggressive bearish push to break below the range zone, which was rejected at the 63.61 level. After this rejection, there was a close back inside the range zone. The range zone resistance is 74.72 and the range zone support is 66.88. While in the range zone, there are great risk to reward opportunities to sell at the resistance and buy at the support with stops outside the range zone depending on which side of the trade you are on. If there is a break on either side, then we are looking at our Vector levels as possible targets. A break above the range zone and we have the Vector level target at 83.49 and a break below the range zone and we have the Vector level target at 63.61. Please do not forget to like, comment and follow. Thank you for your support. BluetonaFX
TVC:USOIL
by BluetonaFX
2
Crude oil support began to move up Saudi Arabia, the world's largest oil exporter, raised official crude prices for Asian buyers. Oil remains in a wide weekly range due to limited demand, increased supply from non-OPEC countries, and potential recessions in the United States and Europe. Although crude oil broke through yesterday but then pulled above the trend line, it seems that crude oil support began to move up, and then the price rose above the short-term downtrend line. Crude oil is focused on long trading opportunities today Personal Trading Strategy: usoil:buy@70.8-71.3 tp72-72.5 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
USOIL:Trading advice for the day With the landing of the OPCE+ meeting over the weekend, although there is an agreement to maintain production cuts, the market is obviously skeptical about the actual effect of OPCE+ production cuts. In the last trading day, after the oil opened high around 74.3, it also fell all the way to touch around 72.2, and then the shock counter-pumped around 73.8, the second rise failed to effectively break through the key pressure level of 74, but also because of the weak US economic data, the second kill, after the gap to make up, there is a need to continue to test the support below, pay attention to the key support around 70, short-term oil is still a range idea! usoil:buy@70-70.5 tp:71 As long as you keep up with my signal, you can make more money
FX:USOIL
by UnknownUnicorn55305536
3
Crude oil shock adjustment Crude oil we saw a bottoming out last week, did not continue after the decline, but formed a V-shaped reversal, began to continue to rise, and is now entering the upward phase. The resistance above is also obvious, the current strong resistance is around 74.7, as long as there is no breakout, you can choose to go long at the low level Crude Oil Personal Trading Strategy: usoil:buy@70-70.5 tp71.2-71.6 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
Crude oil trading advice today Over the weekend, OPEC decided to cut oil production, which made the market worry about whether the supply side will affect the global economic recovery. At the same time, oil prices also showed a gap and opened higher this morning. At present, they have pierced the previous platform high but the action of rushing up and falling back has also come to an end. Appearance, indicating that after a quick wash here, it is more conducive to the bulls to advance downward, so today we wait for the opportunity of low bulls after the fall. Although the daily line of crude oil has risen and fallen this morning, the fundamentals of the rise have not changed, so we continue to be bullish. The intraday pressure is 74~75, and the support is 72.70~72.15. Trading strategy: buy@72.70 tp1:74 tp2:75 Next, there will be many trading opportunities for crude oil. I will provide you with more signals. Don't miss the opportunity to make money!
TVC:USOILLong
by Kent_Garcia
Crude oil continues to rise The U.S. House of Representatives passed a bill to suspend the U.S. debt ceiling, offsetting the impact of rising U.S. crude oil inventories. Markets will also be focused on the OPEC+ meeting on Sunday. The focus will also be on non-farm payrolls tonight. The crude oil long strategy given yesterday is also perfectly in line with the expected trend to get a lot of profits, today crude oil is still long-based, but pay attention to the buying position Personal trading strategies: usoil:buy@70-70.3 tp71.5-72 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
Analysis of today's crude oil trading As oil prices continue to fall, expectations of further OPEC production cuts and a major breakthrough in the US debt ceiling bill may limit the decline in oil prices The OPEC+ meeting will remain in the spotlight later this weekend, as producers are expected to announce further production cuts to support energy prices Personal Trading Strategy: usoil:buy@68-68.2 tp68.6-68.9 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
USOIL:Trading advice for the day USOIL because of the negotiation of the US debt ceiling, coupled with Russia's commitment to reduce the actual production after the change, caused market concerns, coupled with a new round of OPCE+ meeting is about to be held, the overall pace of reducing positions was worried by the market, oil also fell from above 73 yesterday all the way to around 68, basically there is no turning back, fell below the 72 short-term support and recent lows, the short-term market atmosphere is weak. A rapid decline may bring a chance of a rebound, but the general direction is still bearish. Trading advice USOIL:buy@67.5 tp:68-68.5 If you need a more accurate signal, you can follow me and let you achieve financial freedom.
FX:USOIL
by UnknownUnicorn55305536
Crude oil trading strategy Crude oil is currently basically falling below the previous high volatility range on the daily line, and the daily trend continues to be weaker, and there is a certain uncertainty in the EIA data market in the evening. At present, the space for continuing to decline after a continuous low sideways trend is not particularly large, and the current price has basically touched near the previous support band. On the small-level cyclical trend, the technical pattern also began to gradually repair, and there was a certain rebound on the short-term trend. Trading strategy: usoil:buy@68.6-69 tp70-70.5 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:USOILLong
by UnknownUnicorn55305588
USOIL:Trading advice for the day In the short term, because a new round of OPCE+ meetings is about to be held, the market is also speculating on whether to continue to reduce production in the future, the current actual state is that global gasoline consumption is strong, U.S. crude oil inventories have declined, and the number of drilling has also declined, so short-term long and short have not much continuation. At present, it is an extreme of overbearish, and it can be bullish in the short term Trading advice for the day usoil:buy@70-70.4 tp70.8-71.2 Follow me and you will learn ways to make money and make it easy.
FX:USOILLong
by UnknownUnicorn55305536
USOIL WE WILL BREAK BACK ABOVE 74.00?Hi Traders! We have strong resistance around the 73.95 level here on USOIL as we have not been above the 74.00 price barrier since the beginning of May 2023. The price action on the chart tells us that the market wants to go there. We have had numerous attempts to break the 74.00 barrier. We also have swings from the range with higher highs and higher lows. If we do not break and close above the 73.95 pivot, we are likely to head back into the range. However, if we do break and close above 73.95, we need to see how the market reacts to the 74.00 level. Further to the upside, we have another pivot level at 76.88, which is just before the psychological 77.00 level. This is a great risk to reward setup as you can either trade the range with a small stop just above either the price pivot or just above the 74.00 level, or you can wait for a possible momentum breakout with confirmation of a pivot retest. Please do not forget to like, comment and follow, we would love to hear your thoughts! Thank you for your support. BluetonaFX
TVC:USOIL
by BluetonaFX
2