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Usoilshort

Crude Oil: Strategy Advice Short The oil supply outlook remains tight, with Russia and Saudi Arabia both cutting output through the end of the year, while the number of operating oil rigs in the United States has dropped to its lowest level since the end of the year. U.S. refiners are also cutting production capacity, further tightening supply. While these factors are expected to continue to support prices, overall economic concerns are limiting oil prices' upside potential. In the short term, oil prices will continue to be impacted by the above factors. Rising interest rates, a stronger dollar and worries about the global economy appear to be offsetting the benefits of limited supply. However, with the start of China's National Day Golden Week, a potential rebound in tourist numbers may bring some support to oil prices. But until global economic concerns are eased, oil market sentiment tends to be bearish. Short-term strategy reference: High probability scenario: bearish above 90.6, target 90.0-90.6. Small probability scenario: bullish below 88.8, target 88.5-88.9 Market comment: RSI technical indicator runs downward!
TVC:USOILShort
by Dylan-Jones
US Crude OIL 4H : under 88.04 will open the way to drop USOIL OUTLOOK The price perfectly fulfills my last idea and price reached the second target . The price of oil reached the verge of the second expected target at 88.04, awaiting the resumption of negative trading to break the aforementioned level and open the way for a further downward correction, recalling that the next target reaches 87.20. Therefore, we continue to favor the downward trend during the coming sessions supporting by resistance line 91.35 ,taking into account that breaching 91.35 will stop the negative scenario and lead the price to attempt to restore the main upward trend again. Additionally ,Today News will affect the market . support line : 88.04 , 87.22 resistance line : 89.35 , 91.52 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOIL
by Arazmajeed
2
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
US Crude Oil 4H :try to retest US OIL OUTLOOK Oil prices rose on Monday as investors focused on expectations of tighter supplies after Moscow issued a temporary ban on fuel exports amid continuing concerns that another interest rate hike could dampen demand. Technical abstract : We note that the price of Oil was unable to continue the rise, recording a lower peak and providing signs of a possible return to the downward corrective path, waiting to test the 89.35 level initially, noting that breaking this level will push the price towards the 88.04 areas as a next corrective target. Therefore, we expect to witness negative trading during the coming sessions, taking into account that breaching 91.52 will stop the expected decline and lead the price to resume the main upward trend again. The expect range trading for today it will be between resistance line 91.52 and support line 89.35 until stabilized . Support line : 89.35 , 88.04 Resistance line : 91.52 , 93.02 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOIL
by Arazmajeed
Crude oil: short at high points Crude oil fell first and did not give short-selling opportunities. Then short-selling can only be considered when it goes up to the support line. The short-selling opportunities in the 90.8-91.6 area were also prompted in the roadshow and in the group (as shown below). . With the sharp counterattack of crude oil, bulls began to save themselves, but eventually gave up most of the gains. At present, oil prices have fallen into short-term shocks, and bulls and bears are expected to compete here. Crude oil is expected to rebound, so it will fall back first and wait for the counter-draw. , as to whether this is a reversal topping stage or a rise relay, currently I personally prefer the first. The main reason for the rebound in crude oil is that the overall upward trend of wave 3 has most likely ended. Starting from the high point of 92.41, there is a high probability that it will enter the mid-term 4-wave adjustment. The specific breakdown is in wave 4 A of it. Crude oil pressure 90.85~91.45,
TVC:USOILShort
by Dylan-Jones
USOIL:Trading strategy Oil finally fell. When many people thought it would rise, I always believed that oil would fall. Because since last week, oil prices have been postponed last week because of the joint production cuts by Saudi Arabia and Russia, but the technical indicators show that they have been overbought. Our medium-term goal is still 86 Short-term trading advice: USoil:Sell:91-92 TP1:90.1 TP2:89.2 TP3:88 If my thoughts are helpful to you, please like and subscribe
TVC:USOILShort
by UnknownUnicorn60055110
Crude Oil: Today’s Strategy Trend The retracement of crude oil indeed exceeded expectations, but the bulls still stubbornly recovered the lost ground in the late trading. Therefore, the bullish position is still the main focus at present. The washout on the way is also the result of the long-short contest. If the price falls back to the point during the day, we will still be bullish. Don’t directly chase long positions in early trading. 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 90.80~91.50, support is 89.30~88.70. For crude oil operations, it is recommended to wait for 90.8 to buy, with a target of 90.80~91.50. If it rises directly to 91.50, we will look at the pressure signals and decide whether to buy the top.
TVC:USOILLong
by Dylan-Jones
USOIL: Range shock, high Sell opportunitySince I expressed my opinion, I have published a total of 3 articles, all of which have ended in profit. The winning rate currently remains at 100%. I hope it can continue to be maintained and point out a clear direction for everyone. Recently, crude oil has been fluctuating within the range of 86.10-87.9. This oscillating trend has lasted for several days, and there is no sign of a breakthrough for the time being. The only way to achieve a breakthrough is to see how tomorrow's EIA data performs. Before that, we can just keep selling high and buying low. At present, crude oil has reached a high of 87.9 again, and the opportunity to short is rare, so I am prepared to sell here and set two targets, 86.8 and 86.1.
TVC:USOILShort
by Nick_John
CL OIL HEAD AND SHOULDER BEARISH SETUPHello traders it seems like Oil may be taking a bearish turn here are our bearish clues : - Break in market structure ( Failed to create a higher high , which indicates that the trend may be reversing) . - Bearish RSI divergence (Higher Highs on price but lower highs in RSI indicates that buyers are loosing strenght). - Classic Reversal pattern Head And shoulder in formation Confirmation : Neckline Break + Retest Keep in mind that this week is very action packed so be sure to check the fundamentals before entering. this is my humble opinion not financial advice
TVC:USOILShort
by xAB777