Get started

Usoillong

Crude Oil: Analysis Strategy Today Through the analysis of the hourly chart of crude oil, we know that on the previous trading day, it first fell, then rose and then fell, forming a wide-ranging shock trend, which converged at the moving average support level below. We can clearly see from the attached picture below that in the previous transaction The market had already entered the weak zone on the day before, and the rebound was weak. It is still running in the weak zone, indicating that there is still room for adjustment in the short-term market. Crude oil is long at 90.70 and 88.90 respectively, with a stop loss of 70 points and a profit stop of 300 points; Crude oil is short at 92.20 and 93.30 respectively.
TVC:USOILLong
by Dylan-Jones
Ride the Bullish Wave in Oil Trading with OPEC + Supply Cuts!As an oil trader, you'll be thrilled to know that the economic conditions remain bullish, thanks to the continued OPEC + supply cut. The oil market has been experiencing a remarkable rebound, primarily driven by the collective efforts of OPEC + countries to stabilize prices. With the ongoing supply cut agreement, we have witnessed a gradual reduction in global oil inventories, leading to a more balanced market. This positive trend has undoubtedly instilled confidence in the market, and we believe it is an opportune time to capitalize on this bullish sentiment. Now, you might be wondering, "How can I make the most of this bullish wave?" Well, fear not! I'm here to guide you towards the path of success. Here's a call-to-action that encourages you to long oil and seize the potential profits: 1. Stay Informed: Keep a close eye on the latest news and updates regarding OPEC + decisions, global oil demand, and geopolitical factors. Being well-informed will help you make informed trading decisions and stay ahead of the curve. 2. Analyze Market Trends: Utilize technical and fundamental analysis to identify key trends, support, and resistance levels in the oil market. By understanding the market dynamics, you can make more accurate predictions and execute well-timed trades. 3. Diversify Your Portfolio: Consider allocating a portion of your trading capital to oil-related assets, such as oil futures, ETFs, or energy stocks. Diversification can help mitigate risks and maximize potential returns. 4. Set Realistic Targets: Establish clear profit targets and stop-loss levels to manage your trades effectively. Remember, a disciplined approach to trading is crucial for long-term success. 5. Leverage Technology: Take advantage of advanced trading platforms and tools that offer real-time data, market analysis, and customizable indicators. These resources can provide valuable insights and enhance your trading strategies. By following these steps, you'll be well-positioned to ride the bullish wave in the oil market and potentially reap substantial rewards. Remember, maintaining a positive outlook and embracing opportunities is key to achieving your trading goals. So, dear traders, let's embark on this exciting journey together and make the most of the optimistic oil market conditions. Stay bullish, stay positive, and let's make some profitable trades!
FX:USOILSPOTLong
by bryandowningqln
Oil Prices Continue to Rise - Take Advantage and Long Now!Brace yourselves because Russia's push towards $100 per barrel is causing a wave of optimism that we simply cannot ignore! The energy landscape has been buzzing with anticipation, and the recent surge in oil prices is a clear indicator of the incredible opportunities that lie ahead. With Russia's bold move, we are witnessing a significant shift in the market dynamics, and this is where you can make a smart move by long oil. Why should you consider long oil at this moment? Let me break it down for you: 1. Russia's push: Russia's determination to drive oil prices up to $100 per barrel is a game-changer. Their actions are sending shockwaves throughout the industry, creating a perfect storm for traders to capitalize on this upward trend. 2. Global demand: As the world recovers from the pandemic-induced economic slowdown, the demand for oil is rebounding rapidly. With economies reopening, travel resuming, and industries ramping up production, the demand for oil is set to skyrocket, further fueling the price surge. 3. Limited supply: Despite efforts to diversify energy sources, oil remains the lifeblood of our modern world. The supply of oil cannot keep up with the ever-increasing demand, leading to a supply-demand imbalance that favors higher prices. This is an opportunity we cannot afford to miss! Now, you might be wondering how you can take advantage of this incredible opportunity. Here's your call-to-action: Act now and consider opening long positions in oil to maximize your potential gains. With the market sentiment favoring an upward trajectory, it's time to ride the wave and make the most of this exciting period. Whether you prefer futures contracts, ETFs, or other oil-related investment instruments, ensure you position yourself for success. Remember, timing is crucial in the world of trading, and this moment is ripe with potential. Seize the opportunity and make your move before it's too late! Get ready to embark on an exhilarating journey as oil prices continue to soar. Buckle up, traders, because the time to long oil is now! Wishing you profitable trades and an exciting journey ahead! www.bnnbloomberg.ca
TVC:USOILLong
by bryandowningqln
3
USOIL: Crude oil analysis and operation With Opec + pledging to curb oil supply until the end of the year and Asia's economic recovery expected to expand again, we expect global oil inventories to fall by 70 million barrels over the next three months. As a result, we now see Brent averaging $91 / BBL in the second half, up from $81 / BBL previously. Still, our forecast for 2024 remains at $90 per barrel, thanks to an increase of 1.2 million BPD in non-OPEC supply from Guyana, Canada, U.S. shale, and Brazil. In addition, if sanctions on Venezuela and Iran are further eased, supply will increase by 450,000 BPD in 2024. As Opec + politics and global geopolitics allow, the increased supply will help restrain further price increases. Oil prices surged 3.50 per cent yesterday, with intraday highs above $95. After the opening of the morning, oil prices surged on the inertia, the high point entered the $95 mark, and the current pressure is below 94, and the momentum of turning the gun is still strong. In operation, it is still a reasonable choice to short the rally. Short-term strategy reference: High probability scenario: bearish below 95.0, target 93.0-92.0; Low probability scenario: Bullish above 92.0, target 95.0-96.2.
TVC:USOILLong
by HectorBrown1
The short-term supply of crude oil is insufficient.Thanks to many traders for their support, please remember to give me a like, thank you very much. Can the current short-term crude oil supply shortage be resolved? Demand expectations need to remain cautious. The daily trend of crude oil is temporarily maintained at a high level, and the current price range is temporarily compressed between 91-90 on the 4-hour trend. Operation suggestion: short around 90.2-4, stop loss 91.1, target 89.3-89.6 I would like to remind all my friends to do good risk control and wish everyone smooth trading.
TVC:USOILShort
by Zenobia-Harte
Crude Oil: Today’s Strategy Advice! The top of crude oil is empty near 92-92.3, and the defense is 93.5, and the target is around 90 and 89.5. The bottom is long near 89.5-90, and the defense is 88.5, and the target is around 89.2-88.7. Specifically, wait for the real-time strategy to update the entry point, and you need to follow up offline. Friends who do not follow up in real time may make operational mistakes. You can join the group to pay attention to the latest news and follow market trends in real time. Strategies are subject to change at any time.
TVC:USOILLong
by Dylan-Jones
Oil Prices Take a Dip as Fed Hints at Rate HikeBuckle up, because the market is buzzing with potential opportunities for those willing to take a leap of faith. Sit tight, as we explore how recent developments in the US economy, China's recovery, and tightening supplies could pave the way for a potential rise in oil prices, with a target of $100. Get ready to seize the moment and make the most of this oil dip! The Fed's Rate Hike Indication: In a recent turn of events, the Federal Reserve has given clear indications of an imminent rate hike. While this news may have initially caused some concern, we encourage you to look at the bigger picture. Historically, rate hikes have often been accompanied by an upswing in economic activity, which can subsequently drive up demand for oil. This positive correlation between rate hikes and oil prices should not be overlooked. Tightening US Supply: Adding fuel to the fire is the tight supply of oil in the United States. With production levels constrained and inventories shrinking, the stage is set for a potential supply-demand imbalance. As the US economy gradually recovers from the pandemic-induced slump, we anticipate an increase in oil consumption, further intensifying the upward pressure on prices. The US-China Economic Output Recovery: As we all know, the global economy heavily relies on the growth of two economic powerhouses: the United States and China. With both nations showing signs of recovery, it's only a matter of time before their increased demand for oil begins to reflect in the market. As the world's top two consumers of oil, their economic output rebound could be the catalyst that propels oil prices to new heights. www.aljazeera.com www.bloomberg.com Call-to-Action: Seize the Opportunity! While oil prices may be experiencing a temporary dip, we encourage you to see this as an opportunity rather than a setback. History has shown us that these market fluctuations can often be the perfect moment to enter the market at a more favorable price point. Keep in mind that the current dip in oil prices might not last long. As the global economy recovers and the demand for oil surges, it's highly likely that prices will rise again. So, we urge you to seize this moment and consider buying in the oil dip, with the expectation that prices will soon bounce back. Conclusion: As we wrap up, we hope you're as excited as we are about the potential for oil prices to rise in the near future. The combination of the Fed's indications, tightening US supply, and the recovering economic output of the US and China presents an enticing opportunity for traders like you. Remember, timing is everything. Don't let this oil dip pass you by. Take action, buy in, and get ready to ride the wave as oil prices surge once again. Happy trading, and may your investments be fruitful!
TVC:USOIL
by bryandowningqln
Russia Oil Shipment Hits 3-Month High,NEW Oil Price Target As you may be aware, Russia's oil shipment has hit a new three-month high, which has prompted us to revise our oil price target to $100. In light of this, we believe there may be a potential opportunity for long oil positions. However, before proceeding further, I would like to emphasize the need for caution and prudence when considering any investment decision. While the recent increase in Russia's oil shipment is a positive indicator for oil prices, it is crucial to consider various factors that may impact the market dynamics. We encourage you to thoroughly analyze the market conditions, including geopolitical tensions, global economic recovery, and any potential disruptions in the supply chain. These factors can significantly influence oil prices and should be taken into account before making any trading decisions. Considering the cautious tone, it is imperative to conduct thorough research and consult with your financial advisor or analyst to evaluate the potential risks and rewards associated with long oil positions. Market volatility remains a significant concern, and it is crucial to have a well-defined risk management strategy in place. With this in mind, we would like to remind you of the importance of diversification. While oil may present an attractive opportunity, it is essential to maintain a balanced portfolio that includes a range of assets across various sectors. This approach can help mitigate potential risks and enhance your overall investment strategy. In conclusion, as Russia's oil shipment reaches a new three-month high, we believe that the oil price target of $100 presents a potential opportunity for long positions. However, we urge you to exercise caution and consider the various factors that may impact the market dynamics. Thorough research, consultation with experts, and a well-defined risk management strategy are crucial in making informed trading decisions. Should you require any further information or assistance, please do not hesitate to comment. We are here to support you in navigating the complexities of the market and making sound investment choices
TVC:USOILLong
by bryandowningqln
4
USOIL: Crude oil analysis and layout Crude oil last week unilateral strong pull up, is currently in high volatility, this wave is still not over, is still a callback to do more, four-hour chart, last week fell back to the mid-track quickly pull up, back just to prepare for the rise, this week is still open at a high level, the current volatility around 91.3, intra-day focus on important support level 89.5/90.3, This position is also the support point of the rail in the four-hour chart, and the position of the tail plate can be more! Specific layout: USOIL:BUY@89.5-90.3 TP 92.0 Join me and don't let hesitation and procrastination affect your earning speed!
TVC:USOILLong
by HectorBrown1
Crude oil: trend analysis continues to push back more Although we are currently at the end of a phased rise in crude oil, the bulls are still very strong and continue to hit new highs. Therefore, we still maintain a bullish and long thinking before the necessary turning signal appears. The only thing that needs to be paid attention to is the number of each transaction. Risk control must be strictly implemented to prevent emergencies from occurring. Still looking for opportunities to continue trading lower during the day. The main reason why crude oil is bullish is that the upward trend of wave 3 and wave 5 is still continuing, and there is still a slight retracement on the way, and it is still bullish. It has now entered the final peak moment of wave 3 of wave 5-5. Crude oil pressure 91.30~92.10, support 91.4
TVC:USOILLong
by Dylan-Jones
Crude Oil: Today’s Trend Strategy Crude oil continues to rise in the direction of the trend. Any intraday adjustment before reaching the new target of 91.50 is an opportunity to continue to be bullish in the short term. Of course, since the overall increase has been huge enough, the current space above is limited. Another one is in this round. It is the end of the rise, so it is not advisable to be overly bullish. The main reason why crude oil is bullish is that the upward trend of wave 3 and wave 5 is still continuing, and there is still a slight retracement on the way, and it is still bullish. Now it has been subdivided again and has entered the final peak moment of wave 3 of wave 5-5. Crude oil pressure is 89.40~90.20, support is 88.40~87.90 For crude oil operations, it is recommended to wait for 89.10 to buy, with a target of 89.1~91.50. If it rises directly to 91.50, we will look at the pressure signals before deciding whether to buy the top.
TVC:USOILLong
by Dylan-Jones
Join the oil rally as WTI surpasses $90!Discover why the oil market is making waves and how you can ride the wave of this exhilarating rally! Attention, traders! Brace yourselves for some exciting news that will have you itching to jump into the oil market. The oil rally is gaining steam, and it's time to seize this golden opportunity! The recent surge in oil prices has sent shockwaves through the market, and it's time for us to capitalize on this upward trend. The energy sector is buzzing with optimism, and the time is ripe to consider a long position in oil. So, let's dive into the details and explore the reasons behind this exhilarating rally. Reasons Behind the Oil Rally Global Economic Recovery: As economies worldwide rebound from the challenges of the pandemic, the demand for oil has skyrocketed. Industries are reviving, travel is resuming, and this surge in economic activity is fueling the need for energy. It's an ideal scenario for oil traders like us! Supply Constraints: OPEC+ and other major oil-producing nations continue to maintain production discipline, ensuring a controlled supply of oil. This strategic move, coupled with reduced investments in new oil projects, has created a supply-demand imbalance that's favoring higher prices. It's the perfect storm for a sustained rally! Geopolitical Factors: Geopolitical tensions and conflicts in oil-rich regions have intensified, raising concerns about potential disruptions in supply. Such uncertainties often drive oil prices higher, providing us with ample opportunities to profit from this market volatility. The Call-to-Action: Join the Oil Rally!: Now, here comes the exciting part - the call to action! I encourage you to consider taking a long position in oil and ride the wave of this oil rally. By capitalizing on this upward momentum, we can potentially secure significant gains in the coming months. Timing is everything, and this could be the golden opportunity we've been waiting for! Remember, successful trading requires careful analysis, risk management, and staying informed. Keep a close eye on market developments, leverage technical indicators, and adapt your strategy accordingly. As always, it's crucial to consult with your financial advisor or conduct thorough research before making any investment decisions. Embrace the Bullish Phase and Thrive in the Oil Market! So, let's embrace this bullish phase with enthusiasm and embark on a profitable journey together. The oil rally is calling, and I can't wait to see you thrive in this exciting market! Get ready to ride the wave of the oil rally and secure your spot on the road to prosperity. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble." - Warren Buffett
TVC:USOIL
by bryandowningqln
4
il Data Reveals a 3 Million Barrel Shortfall on Saudi CutBrace yourselves for some exciting news from the oil market that might just make your day. Recent data analysis has uncovered a significant shortfall of 3 million barrels in Saudi Arabia's oil production cut. This revelation presents a golden opportunity for us to make some smart moves and potentially profit from a bullish oil market. So, let's dive right in and explore why it's time to long oil! Unveiling the Shortfall: In a surprising turn of events, the latest oil data has exposed a notable discrepancy in Saudi Arabia's oil production cuts. As we know, the Kingdom has been at the forefront of OPEC+ efforts to stabilize oil prices by curbing production. However, it appears that their output reductions have fallen short by a staggering 3 million barrels. This revelation has sent shockwaves through the market, opening a promising window for us to capitalize on this situation. Seize the Opportunity: Now, you might be wondering, "What does this mean for us as traders?" Well, my friends, this shortfall in production can have a profound impact on the global oil market. With demand steadily recovering and supply struggling to keep up, we can expect a surge in oil prices soon. This presents an ideal opportunity for us to take advantage of a bullish market and potentially reap substantial profits. Call-to-Action: Long Oil Today! So, how can we make the most of this exciting turn of events? It's simple, my fellow traders – it's time to long oil! By strategically positioning ourselves in the market, we can potentially ride the wave of rising oil prices and secure significant gains. Here are a few steps to get you started: 1. Conduct thorough research: Dive deep into the oil market's current dynamics, keeping a close eye on supply-demand trends, geopolitical factors, and any other relevant news that might impact oil prices. 2. Develop a solid trading strategy: Craft a well-thought-out plan that aligns with your risk appetite and investment goals. Consider factors such as entry and exit points, stop-loss orders, and profit targets to maximize your gains. 3. Stay updated and flexible: The oil market can be volatile, so it's crucial to stay informed about any new developments or shifts in the market landscape. Be ready to adapt your strategy accordingly to make the most of emerging opportunities. 4. Leverage reliable trading platforms: Utilize trusted trading platforms that offer real-time data, advanced charting tools, and competitive spreads to execute your trades efficiently and effectively. Conclusion: Traders, the oil market is buzzing with potential, and the recent data revealing a 3-million-barrel shortfall on Saudi Arabia's production cut is a game-changer. By long oil today, we position ourselves to capitalize on the upcoming surge in prices and potentially secure substantial profits. So, let's embrace this opportunity with enthusiasm and make the most of a bullish oil market. Happy trading, and may the profits be ever in your favor!
TVC:USOILLong
by bryandowningqln