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Usoilprediction

Simple Technical Buy Set-up in USOILAfter a decent correction, USOIL is now showing signs of consolidation at the 100D EMA. Besides, it has also bounced off the ascending Trend Line. In addition, we have a nice Doji candle after the recent drop. All these technical factors point to a rise in USOIL in the coming days. So, if price manages to stay above 58, I would be looking to buy with 63 as my initial target. If price breaks the area that I have highlighted in my chart, then long entries will not be safe anymore.
FX:USOILLong
by YourLazyTrader
1
USOIL Long/BuyDear traders, Us WTI Crude has been on bullish since beginning of Oct this year 2019, it sounds that it has not yet finished on its way up, therefore we may see it going up to the next resistance, it's also worth mentioning that it has broken a strong resistance line which is 78.6 Fib Level and retested it; its good indication that market is going up hopefully. Here is the setup: Crude Oil Buy at 61.00 Stop Loss at 59.88 Take Profit at 63.30 Good Luck and Happy New Year!!
TVC:USOILLong
by sirkamal
US Oil (USDWTI) Market Outlook | Daily Forex Market BreakdownOil is playing out flawlessly. As anticipated in my previous post oil has continued to push to the upside. Now I would like to see some strong rejections. As you can see in the last post I was waiting for it to push up higher before taking a short entry. It definitely looks very good, but I am going to be extra patient. I always say with trading gold and oil you want to be extra cautious, they can move very violently and they need to be respected. That is why I am exercising a little extra patience and waiting for some clear signs that the bears are in control.
FX_IDC:USDWTIShort
by Layne_LV
USOIL POSSIBILITY OF NEXT MOVE.In the name of Allah, the Most Gracious, the Most Merciful. we are doing Analysis of USOIL in 4 hrs time frame as you can see on the chart market is following Ascending channel pattern market has tested the Resistance line more chances is to market will follow our structure which I have drawn on the chart. IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY. HOW TO TRADE ON OUR SIGNALS. We Explain above you use that lot size whatever Capital you have. Let say, for example, you have 4000 Dollars Capital. We Posted Trade which has 4 Take Profit. We will use 0.20 Total lot size We will divide it in 4 Orders. 0.20 lot Divided by 4 Take profit = 0.05 Lot size. So we will open 4 Trade with 0.05 Lot size for each trade. Let See How We will do. 1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target. 2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target. 3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target. 4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target. Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry. If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target. If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On. Note: This is only for Educational purposes; this is not investment advice. Thanks Adil Khan.
TVC:USOILShort
by Make_Money_Guru_Bitcoin
3
Engulfing Candle and Two Inside BarsHappy Thursday Oil Traders! A very interesting day on the 15 minute chart. We started off with an Engulfing Candle that encompassed the previous 6 candles followed with a down candle, and price fell significantly. Then we had a weak Inside Bar followed by a small up candle and price rose slightly. Now we have a new Inside Bar with a small up candle. This time it looks as if it is hitting resistance at $54.20. Will it break out? I am tending to believe it has a little more downward pressure before it returns to growth. If you look at the daily chart the Stoch RSI has hit bottom, but that doesn't mean it will immediately bounce back up. Fridays are always iffy anyway. Trade safe and let's make some profit and have a nice weekend!
FX:USOIL
by Trade4God