Pair : Crude Oil - USOIL Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bearish Channel as an Corrective Pattern in Short Time Frame Support Level
USOIL: Oil prices in today's session have appeared a reversal candlestick pattern on the H4 frame. The $68 area is also a good support area for Oil prices, so you can consider buying USOIL around this price area. The short-term target can be expected to return to the $71 area. Oil charges persisted to fall on Wednesday on worries that a typhoon anticipated to hit...
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...
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...
Short at 80 points Last week I predicted that the oil price would reach 80. As I expected, the oil price peaked at 80.58 and then fell back to around 78.4. The panic in the stock market last week led to a large sell-off of crude oil, which also gave us a good opportunity to enter the market. The oil market ignored the tension in the Middle East. Now the situation...
US OIL SETUP TRADE WIH 1:10 RISK REWARD A good selling setup detected on US OIL It's showing a BEAR MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bullish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram BITCOIN SETUP...
As the stock market fell last Friday, traders in major markets chose to sell a large number of transactions. Crude oil was of course not immune, causing a rapid drop in prices. Compared with the oil price in July, it fell by $10 and now fluctuates around $73. Everyone is worried about the US economic recession, but at the same time ignores an important...
US Oil has bounced back from support with high-volume candles, nearly testing the support level. The price is expected to start moving in a bullish direction. Target profit prices are marked on the chart, and with the stop loss at the designated level, we anticipate a favorable risk-reward ratio for this trade. Updates will be provided daily.
Market performance Freight rates rose in March and calmed down in May. In June, freight rates from the Middle East to China fell by 0.5 yuan month-on-month. July was also sluggish. At the same time, the gross profit margin of refining fell by 10-30% year-on-year, affecting the enthusiasm of refineries to purchase crude oil. Market risk analysis The US election...
The overall trend of oil shows the closing stage of the arc top. There are still some opportunities for decline to short the oil price to make a profit. I am EDDY. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bearish market structure, so I look for a short . My point of interest is if price continue the retracement to fill the imbalance higher and then to reject from bearish order block + liquidity zone. Like, comment and subscribe to be in touch with my content!
In my last idea about usoil i said usoil could fall from the resistance area as we saw its going to the target , when usoil broke the trendline and usoil was moving around the resistance and treanline it gave us a break out below the line and now towards the target
Last few week i was bullish on usoil now we are facing upper trendline resistance which is very strong trendline we have now and we also have selling area there what we can do is wait till monday and see what market will do if we see continous fall then we are seller on usoil and target will be around 81.50 and 78.50 and if we see break out above the resistance...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to go a little bit lower to fill the imbalance and then to reject from bullish order block + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
Im bullish on USOIL from 72.00 level and my target is 83.38, now usoil again breaks the resistance and retested it what im looking is long till 83.38
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a range, so we have opportunity both for long and for short. We can consider that range as a bullish flag and open a long position above 82.00, or price could confirm regular divergence in waves and open a short position below 80.20. Like, comment and subscribe to be in touch...
The US oil price is showing a short-term bearish move due to a rising wedge pattern and an Elliott Wave ABC correction. Currently, the price has completed point A and is moving towards point B. After a 50% to 61% retracement at point B, we can expect a bullish reversal, leading to a long-term move towards point C.