USOIL D1 09 NOVwinter is coming and we have demand for oil
we have at least 1:1 risk /reward rastio
keep eyes on this chart
Usoillong
USOIL LONGTVC:USOIL
ive been long crude from 34.49, looking for 38.50 as possible upside, ive been trailing stops making this a risk free trade will continue adding on small time frames when market allows until my bias changes or market conditions present a large retrace to come.
USOIL : LOOKS like a Promising SET-UPTHERE is enough POTENTIAL PROFIT here to play it SAFE
WAIT for UPWARD price conformation before BUYING ( Try ETF: USL)
WTI WEEKLY IDEA SWINGGood day swingers , US OIL had a weak mouvements nowadays which could lead it to a high drop.
US OIL BUY ON DIPOil has recently hit its new low. It has been following its support trend line the last 2 times. The resurgence of new highs of Covid cases has brought it down. Though this same news has happened in the past, we can infer that this time will not be as worse as the last couple of months in terms of the effect on the commodity.
Expect it to consolidate a bit longer, then buy on the breakout.
If you allot more risk, then an anticipatory trade is also an option.
TP 1: 39.9
TP 2: 40.9
SL: 36.5
Good luck, I'd love to hear your thoughts on this.
What is the latest situation in oil?Hello traders :)
Some optimism can be expected with the upcoming US elections and stimulus package news. In particular, the announcement of a larger than expected stimulus package can lead to upward pricing of oil.
In the proper position, it should be stopped below the white line.
If you like my posts and expect more, don't forget to like and follow :)
Good luck...
USOIL 15 MIN 22 OCTas you can see the price broke the resistance level
we have 1:2 risk / reward ratio
I am looking for buying opportunity
DO NOT FORGET FOLLOW OPEC NEWS
CFDs on crud oil opportunity to bu , USOIL signal buy concerning this market will experience an uptrend
towards the TP because the buyers will return to the market
combined with the spring effect on the VWAP indicator
with a large volume means that the start of an uptrend
signal buy
Oil to $41.2 again!WTI Crude Oil - Intraday - We look to Buy
Last time we've had superb success with Oil, now we have similar setup.
We expect an initial move lower to fail and look to set longs on a break back through 40.45.
We expect a reversal in this move.
Bespoke support is located at 40.45.
Levels close to the 38.2% pullback level of 40.47 found buyers.
We look to buy dips.
Our profit targets will be 41.20 and 41.72
Resistance: 41.20 / 41.72 / 42.65
Support: 40.45 / 39.92 / 38.90
USOIL to hit $41.Crude Oil - Intraday - We look to Buy
Trading within a Corrective Channel formation.
Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return.
We expect a reversal in this move.
Bespoke support is located at 39.92.
Preferred trade is to buy on dips.
Our profit targets will be 40.75 and 41.29
Resistance: 40.75 / 41.29 / 41.72
Support: 39.92 / 39.51 / 38.90
a buying opportunity on Crude Oila strong breakout of VWAP with a large volume on the volume up down
a very important buying opportunity
Tristar pattern on USOIL 15 minute chartHappy Friday oil traders! I just noticed this Tristar on the 15 minute chart for USOIL. I had never seen 3 dojis in a row so I had to look it up. According to my reference, a Tristar is 3 doji candlesticks that appear at the end of a run, either long or short. They typically indicate a change in direction. Considering the decline in oil today, maybe this is an indication of some upward movement. If so, trade with caution, and use your stops accordingly. Trade safe, and have a great weekend!
USOILPrice tested the flip resistance. The market is currently printing a descending triangle consolidation pattern. Possible price action patterns indicated.
BLACK GOLDLOVE IT AND HATE IT.
Oil is going to go into a steady decline.
No interest in trading it unless it hits $39.00 or $34.48.
Already called the first drop.
This is my overall long term bias.
If it does reach $34.48 I will be looking to hold long for 2-4 weeks.
My ultimate TP zone is just below $50.00.
USOIL ::: BullishExpecting us oil to go long in 3 hr. time frame.
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