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Usoilshort

USOIL to find sellers close to market levels?WTI - Intraday The AB=CD formation target is located at 70.19. Reverse trend line resistance comes in at 83.91. Bespoke resistance is located at 84.06. Preferred trade is to sell into rallies. The medium term bias remains bearish. We look to Sell at 84.00 (stop at 85.50) Our profit targets will be 80.20 and 79.60 Resistance: 83.91 / 84.06 / 89.83 Support: 80.19 / 77.64 / 70.19 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:WTICOUSDShort
by OANDA
US Crude Oil 4H : Under sell pressure USOIL New forecast The price of oil fell below the level of 82.00, which constitutes important support, to support the chances of exceeding the mentioned level and opening the way for an additional bearish correction whose next target reaches 80.56, and by breaking it, it will reach 78.64. Therefore, the downward trend scenario will be remain valid we expect to witness further declines during the coming sessions supported by moving average 50 that is continues to support the price to decline ,taking into account that breaching 83.24 will stop the proposed downward trend and lead the price to attempt to restore the main upward trend again. so stabilized under 82.00 our targets will be activate . The expected trading range for today is between support 80.56 and resistance 83.24 until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . Additionally ,Today News will affect the market . support line : 82.00 , 80.56 resistance line : 83.24 , 84.72 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOILShort
by Arazmajeed
4
Usoil:Still weak The oil is still oscillating repeatedly, but the resistance point above is gradually declining, so it is judged that the oil is still relatively weak today. At present, the oil is near 81.3, and the lowest point is near 80.3. Observe the support of 80.3. You can try to buy in a small position. If the oil falls below 80, you can make a stop loss. The upper resistance is 83.2, so you can also choose to sell above 83, control your position, and your success rate will increase. Mine share my thoughts every day, follow me, if my point of view is useful to you, please join me and like and comment
TVC:USOILShort
by UnknownUnicorn64583787
1
Usoil:The willingness to rise is still not strong Oil reached a minimum of 80.7. Because of the rapid decline, there will definitely be a certain rebound, so today we observe yesterday's high of 83.3 and the important boundary point of 84. Oil has fallen due to the resistance of the lower edge of VWAP, so it can be judged that the willingness of oil to rise is still not strong. So you can choose to be at 83.3 or more gradually sold Arrange positions reasonably according to your funds and strictly set stop losses so that your success rate can be greatly increased For some reasons, those who have been following me can rejoin me and contact me Mine share my thoughts every day, follow me, if my point of view is useful to you, please join me and like and comment
TVC:USOILShort
by UnknownUnicorn64583787
2
The 1. Chapter of WTI.Oil - Highly flammableTwo scenarios. One Long. One Short. Fundamentals: - Scenario 1 (Orange arrow) Target: Next resistance level (upper red rectangle ). Recent swing top. Requirments: - Monthly close above the orange rectangle. - Higher swings above it Invalidation / SL: - Fall under orange rectangle AND generating lower swings. Time duration: days, weeks, months, years... ;) Scenario 2 (blue arrow) Target: Next support level Requirments: - break under orange rectangle - break under 50% fib Invalidation / SL: - Break above orange rectangle - No Break under 50% Fib Time duration: days, weeks, months, years... ;) Good luck
TVC:USOIL
by a_tale_of_bulls_and_bears
US Crude Oil 4H : New forecast USOIL New forecast The price of oil traded with noticeable negativity in the past sessions, and the day begins with an additional decline to break the support of the main ascending channel followed by the 88.30 level, which provides indications that the price is heading to return to the downward corrective path again, but we note that the technical indicators provide positive signals that may contribute to pushing the price to recover from... new. Therefore, the conflict between technical factors makes us remain neutral until we get a clearer signal for the next trend, noting that stability below the support level 87.72 will put pressure on the price to conduct a new downward correction whose main targets start at 86.34 and 84.81, while breaching the resistance 88.30 represents the key to recovery. The main bullish trend is heading towards visiting 89.54 and then 91.53 levels as next positive stations. The expected trading range for today is between support 86.34 and resistance 88.30 until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 86.34 , 84.81 resistance line : 87.72 , 88.31 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOILShort
by Arazmajeed
12
Oil Prices Plummet as Russia Boosts ExportsTh oil market that might present a potential opportunity for those who are interested in shorting oil. Please note that this opportunity should be approached with caution, as market dynamics can be unpredictable. Over the past few weeks, we have witnessed a significant drop in oil prices, primarily driven by Russia's decision to ramp up its oil exports. As a result, the global oil market is experiencing an increased supply, which has put downward pressure on prices. As of today, oil prices have dipped below the $84 mark, signaling a potential bearish trend. Considering the current situation, it may be prudent to explore the possibility of shorting oil. However, I must emphasize the importance of conducting thorough research and analysis before making any investment decisions. As experienced traders, you understand the importance of managing risks and being prepared for any potential market fluctuations. To assist you in evaluating this opportunity, I recommend closely monitoring Russia's export levels, as well as keeping a close eye on global oil demand and geopolitical developments. Additionally, staying informed about any significant announcements or policy changes from major oil-producing countries will be crucial. As always, it is essential to remember that the oil market can be highly volatile, and timing is of utmost importance. Therefore, I encourage you to exercise caution and carefully assess your risk appetite before engaging in any short positions. Should you decide to explore this opportunity further, I encourage you to consult with your financial advisor or seek professional guidance. They will be able to provide tailored advice based on your individual circumstances and investment goals. In conclusion, the recent drop in oil prices, driven by Russia's increased oil exports, presents a potential opportunity for those interested in shorting oil. However, I urge you to approach this opportunity with caution, conducting thorough research and analysis before making any investment decisions. Remember to stay informed, manage your risks, and seek professional guidance if needed.
TVC:USOILShort
by bryandowningqln
USOIL WTI Technical Analysis And Trade IdeaIn this video, we conduct a comprehensive analysis of the USOIL market, with a primary focus on the prevailing bearish sentiment observed in higher timeframes. Notably, WTI has recently approached a critical support level. Throughout the video, we delve into essential elements of technical analysis, which encompass aspects such as the current trend, price action dynamics, market structure, and various other fundamental components of technical analysis. As we progress through the latter part of the video, we closely examine a potential trading opportunity. It is crucial to emphasize that the information presented here serves exclusively for educational purposes and should not be construed as financial advice. Engaging in currency market trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate risk management strategies into your trading plan.
OANDA:US30USDShort
by fxtraderanthony
USOIL Analysis . Plan for next week.Hello Everyone. i want share my idea about USOIL. After big and strong uptrend we saw some trend reversal change which actually was correction of price. in this week price start perfect up movement which broke some resistances and then had good reaction at the levels. Price action is upside it has strong downside movements but with it i think they are taking liquidity and filtering Traders, at all high timeframe price action is upside and i think it will for a long time. Here is my setup for this trade. Open Long position - 88.28 Stop Loss - 86.30 Take Profit - 93.72 In this setup here is perfect 1:3 reward ratio but if i will be right i will wait if oil will brake weekly resistance at 95.00 i will trail my stop loss and follow trend. Be patient!!! Manage your risk!!! Make your own research!!!
TVC:USOILLong
by elmakacho
Crude Oil: Planning Strategies Today Through the analysis of the hourly chart of crude oil, we know that the market rose first and then fell yesterday, forming a shock upward breakthrough trend yesterday. By comparing with the previous period, we already said last week that we expected to form a bullish trend. When the high level fell in the early period, all the moving averages began to turn around. The downward movement forms a turning point from bull to bear. From the formation of a wave of decline, all the moving averages have formed a bull trend. All the moving averages below are supports, and the MACD below has always been running above the zero axis. The market is very likely to make further upward breakthroughs. In terms of operation, we continue to think high and low and focus on going long on dips and shorts. The specific suggestions are as follows: Crude oil 90 and 91.50 are long respectively. Crude oil is short at 95.0 and 95.6 respectively.
TVC:UKOILLong
by Dylan-Jones
USOIL:Downtrend Yesterday I bought near 85.2 and finally stopped at 84.8 because I thought there would be some room for a rebound from a rapid decline. Yesterday I judged that there will be a lot of room for decline if it falls below the important position of 84, but every time it falls, there will be certain repeated shocks, so after rising above 83, I chose to buy. Today, let me recover yesterday's loss. But now oil is already in a downward trend, so now you can choose to sell at a high level, then the chance of success will increase. If my thoughts are helpful to you, please like and subscribe
TVC:USOILShort
by UnknownUnicorn60055110
3
Profiting from Oil Price Drops Recent events have led to a significant drop in oil prices, primarily due to the phenomenon known as "demand destruction." I believe this presents an opportune moment for traders like yourself to consider shorting oil and potentially reap substantial gains. Considering the conservative nature of your trading approach, shorting oil could be a prudent strategy to capitalize on this situation. By short selling oil, you can aim to profit from the further decline in oil prices. This approach aligns with a conservative trading philosophy, as it allows you to take advantage of the current market conditions while minimizing potential risks. To maximize your potential gains, I recommend conducting thorough research and analysis before executing any trades. Keep a close eye on global economic indicators, such as GDP growth forecasts, industrial production figures, and travel restrictions. Additionally, monitor geopolitical developments, as they often have a direct impact on oil prices. By staying informed and vigilant, you can make well-informed decisions that align with your trading strategy. I understand that shorting oil may not be suitable for everyone, and each trader has their own risk tolerance and investment goals. However, I believe that the present circumstances present a compelling opportunity for those who are willing to take a calculated risk. In conclusion, the recent oil price drops resulting from demand destruction offer a promising chance to profit from shorting oil. As a conservative trader, this strategy allows you to capitalize on the current market conditions while adhering to your risk management principles. Remember to conduct thorough research, stay informed, and make well-informed decisions aligned with your trading strategy. Should you have any questions or require further assistance, please do not hesitate to comment below. Wishing you success in your trading endeavors
TVC:USOILShort
by bryandowningqln
US Crude OIL 4H :Oil price shows weak tradingUSOIL New forecast The price of oil has been fluctuating around the 86.50 level since yesterday, and is under continuous negative pressure to support the chances of continuing the expected downward trend for the coming period, whose next target is at 84.81. From here, we continue to favor the downward trend in the immediate term, and breaking the target level will extend the downward corrective wave to reach 83.24 and 82.00, while the expected decline will remain in place unless the 87.72 level is breached and holds above it. The expected trading range for today is between support 84.81 and resistance 86.56 until breaching one of them . Additionally ,Today News will affect the market . support line : 84.81 , 83.24 resistance line : 86.56 , 87.72 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOILShort
by Arazmajeed
2
US Crude Oil 4H : downtrend under 87.72USOIL New forecast Oil price trading stabilizes below the broken support of the main ascending channel, so that the bearish corrective trend scenario remains valid and effective for the coming period, remembering that our expected target is at 84.81, breaking which represents the key to rushing towards 82.00 as the next main station. From here, we are awaiting negative trading in the immediate term, provided it remains below 87.72, as breaching this level represents the key to returning to the ascending channel and restoring the main upward trend again. The expected trading range for today is between support 84.81 and resistance 86.56 until breaching one of them . support line : 84.81 , 83.24 resistance line : 86.56 , 87.72 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOILShort
by Arazmajeed
USOILA new round of military conflict broke out between Israel and Palestine last weekend, an incident that had a major impact on financial markets on Monday. International oil prices soared more than 4% after the opening, and the key to the market is whether the conflict is under control or spreads to other regions, especially Saudi Arabia. At least at the beginning, the market seems to think that this situation will be limited in scope, duration and oil price impact. , but volatility is expected to be higher.
TVC:USOILLong
by Traders-Nino
USOIL's trend remains rising.If the United States tightens sanctions on Iran, analysts at Commonwealth Bank of Australia (CBA) estimate that about 0.5-1.0% of global oil supply may be affected, which would push Brent crude oil prices above $100 per barrel. A further risk is whether Iran will try to disrupt oil shipments through the Strait of Hormuz, through which 15-20% of the world's oil supplies pass. The continued rise in oil prices will have a negative impact on inflation, but it will also impose a burden on consumers, so the impact on interest rates is not direct.
TVC:USOILLong
by Traders-Marvin
3