"USOILSPOT / WTI CRUDE OIL" Energies Market Bullish Heist PlanHello! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist "USOILSPOT / WTI CRUDE OIL" Energies Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Target 🎯 : 70.50
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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Usoilspot
W-Formation in USOIL Signals a Strong Bullish Opportunity
USOIL has formed a classic W-bottom pattern, with the only remaining resistance around the MA30. There is a high probability of a breakout, making this an ideal time to go long.
If you have been holding a long position and were concerned about it, congratulations—you're likely to see a favorable outcome soon. Moreover, if your available capital allows, this is a strong opportunity to add to your position and maximize potential gains.
8.14 Crude Oil Trend AnalysisShort 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 in the Middle East has been repositioned and the oil price has returned to 80. This prediction went very smoothly.
My personal suggestion is "Profit-taking Exit"
Although the situation in the Middle East is not very clear, it has not yet reached an uncontrollable situation. Now is a good time to exit.
When the market is in panic, it also brings opportunities for traders to enter the market. I wonder if you have seized this opportunity.
Crude oil market analysisMarket 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 may affect energy policy. The Democratic and Republican parties have different energy policies. In addition, the US Meteorological Corporation predicts that there will be 25 storms in the Atlantic this year, which may affect oil production and transportation
To sum up, my personal analysis shows that the crude oil market will remain low in the second half of the year.
USOIL ( BREAKOUT CHANNEL ) ( 4H )USOIL
HELLO TRADERS
TENDENCY : the price stabilizing below turning level , indicates is under bearish pressure
TURNING LEVEL : the price around 81.71 .
PRICE MOVEMENT : the price in previously rising an reach a target , but dropping significantly because of the attack on trump .
PRICE ACTION :
SHORT CONDTION : after the price breaking a channel , price stable bearish zone , currently price 81.14 , price trying to retest before dropping a support level at 80.50 , then breaking this level reach 79.25 .
LONG CONDITION : if the price breaking 81.71 by open 4h candle above this level reach a resistance level at 83.57 , then stabilizing above this level reach a 84.97 .
TARGET LEVEL :
RESISTANCE LEVEL :83.57 , 84.97
SUPPORT LEVEL 80.50 , 79.25
27/3.USOIL first support observation 79
Looking back at yesterday's trend, the USOIL market remained in the range of 81.7-82.4 throughout the day. This is a narrow range for oil prices. The competition between the long and short parties in the market is fierce. until closing. The bears broke the deadlock.
News side:
The API announced a significant increase last night, with U.S. API crude oil inventories reaching a high of 9.337 million barrels in the week to March 22. This news may seem insensitive when viewed alone, but combined with OPEC+’s statement that it will not fulfill the production reduction agreement. What do these two news indicate? If the market supply exceeds demand, oil prices will naturally fall.
Technical aspect: The price around 82 is still relatively high, and at the same time it is in a strong pressure position from above. The next small intraday support is at 79.4-79. Combined with Pitchfork, oil currently faces a short-term situation that continues to decline. Based on the news released, the market is about to experience a sharp decline on 27/3.
Today’s personal operations are mainly selling:
USOIL: 81.4-81.7 sell
Tp:80-79.6
Sl:82.6
Like and follow after reading.
Don't sell oil easily. Very risky
The trading opportunities for oil are not very big at present, but mainly fluctuate within a narrow range. After the news boosted strength. The price is still fluctuating around 81. I made a profit by buying oil prices around 80.7 in the morning, and the U.S. market is about to begin, judging from the 1-hour trend chart. The trend is still mainly bullish. MA is also supported.
If the U.S. market falls back around 80.7, I think there is still a chance to buy, and we will trade based on the timing and conditions.
USOIL: 5/12 Today’s Trading StrategyCrude oil (USOIL): Crude oil opened at 73.3 today. It was volatile in the morning and the market was running slowly. Yesterday’s crude oil was long and short in shock, and the range also had an amplitude of 20 US dollars. However, the overall trend was still suppressed by the pressure from above and could not break through. The bulls were not to be outdone. , which has resulted in the current volatile situation, but the general trend is still there, so we can just continue to take advantage of the trend and go short! ! The daily K-continuous negative trend went very smoothly, and new pressure formed yesterday above, so today we will focus on the pressure of 73.6-73.7! !
USOIL SELL:73.6~73.7
SL:74.3
TP1:73
TP2:72.6
TP3:72.2
Since the quotes from brokers are different, please refer to Tradingvew’s quotes.
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.
Crude Oil: Today’s Trend Strategy
Crude oil continues to rise in the direction of the trend. Any intraday adjustment before reaching the new target of 91.50 is an opportunity to continue to be bullish in the short term. Of course, since the overall increase has been huge enough, the current space above is limited. Another one is in this round. It is the end of the rise, so it is not advisable to be overly bullish.
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 89.40~90.20, support is 88.40~87.90
For crude oil operations, it is recommended to wait for 89.10 to buy, with a target of 89.1~91.50. If it rises directly to 91.50, we will look at the pressure signals before deciding whether to buy the top.
Crude oil: There is still room for today's strategy to rise
In the U.S. market, WTI crude oil rose and closed down, once rising to $80.7/barrel, but failed to hold the $80 mark, closing down 0.03%, at $79.94/barrel, due to the threat of tropical storms in the U.S. Gulf crude oil production and news that Saudi Arabia may extend the production cut time and other benefits and rise, but the Fed's further interest rate hike worries limit oil prices,
Therefore, oil prices continued to run on the strong side at the beginning of the session. Overall, the probability of the Fed raising interest rates has risen, and increasing demand concerns have limited oil price gains. However, tropical storms in the US Gulf Coast may cause supply disruptions to bring support. Before this week's non-agricultural data, oil prices may remain volatile around US$80/barrel. In the short term, pay attention to the impact of API data and market uncertainties on oil prices.
Short near 81.60, stop loss: 82.20, target 80.60
First step back around 80.40 to go long, stop loss: 79.90, target to be determined
Crude oil: bottoming trend again
The main reason for crude oil to look down is: the rebound for several consecutive days touched the pressure and fell back. Or a more bullish view is the sub-wave 2 adjustment in the midst of 3 waves and 5 rises. Crude oil pressure 80.65~81.10, support 79.70~79~78.60.
Crude oil operation is recommended to enter at 81.1, take profit at 79.6, target at 79.2~79.5, and take profit at 80.3 (the point may be revised as the market changes during the session, and the real-time strategy shall prevail)
USOIL: Will usher in a new wave of decline
Crude oil rebounded slightly and fell again. The idea is to place an empty order at the resistance position of 83-83.2. Friends who read the article may not necessarily wait for the point, but members and friends have kept up. When there is a short signal, decisively enter the market with an empty order. The current price is around 81.3 You can go up a little bit first. This is the difference between the idea of the article and the specific entry. The support resistance is that area. The specific entry depends on the real-time changes in the market. When there is a signal, you can enter the market at 81.0-81.3.
Strategy 81.0-81.3 enter long 82.0-82.2 take profit or enter decline
Crude oil: high, short-term first look at the fall
Judging from the current price action, crude oil bulls have encountered a slight resistance, indicating that the market may start to weaken. After experiencing a wave of unilateral gains, the crude oil market was challenged at the 85 level, which may be due to a certain degree of exhaustion in the market, which led to a slight correction. Despite market concerns about an economic slowdown, demand remains resilient, and the fundamentals of the crude oil market look much more optimistic than a month ago. At the same time, due to OPEC+ and Saudi production cuts, supply is decreasing, and short-term crude oil prices may hit 85 again.
When the price encountered obstacles near the upper track and fell back, the price rose twice and failed to stand on the 85 line. There are signs of a short-term fall. The price fall is just a normal correction in the process of rising, and it does not mean that the direction is reversed. Watch the market The price retraces slightly, and there is a risk of continuing to go lower. In the short term, we will first see a wave of decline, and then continue to continue the upward trend. The price fell below the first-line support of the middle rail, and there is a possibility of further decline. In the short-term within the day, we need to pay attention to the support near 82.5 below. Once the price falls below this position, it is possible to step back on the first-line 81.8. In terms of short-term operation ideas, we should first take a wave of prices Stepping back, focus on the resistance in the 82.8-83 area above.
Operating strategy: rebound in the 82.8-83 area and short, stop loss 83.4, target 81.8
Crude Oil: Trend Analysis Strategies
U.S. oil first fluctuated within a very narrow range, and U.S. oil rose again wildly during the European session, and the pressure was measured above 84. Although U.S. oil is strong again, this trend is extremely abnormal, and technically does not support this extreme upward state. Instead, we should pay attention to whether the follow-up bulls can continue to provide this extreme upward momentum.
The belt continues to open upwards, and the trend of long prices has not reversed. The decline is just a normal callback. Only when it falls can it rise higher. The small Yang line with a long lower shadow line is closed. It is expected that the lower support will be strong. Short-term prices have Possibility of going higher. 4 hours, with signs of opening, the price formed a high-level shock after recovering the lost ground. It is expected that the short-term pullback will not be very strong. The lower middle track line is supported by the 81.9-82.1 area. After the price rebounds and confirms stabilization, you can place multiple orders field.
Operation strategy: callback 84.6-area short, target 84.9-85.1
81.90 and 80.90 are long respectively, with a stop loss of 70 points and a stop profit of 200 points.
Crude oil: Crude oil unexpectedly fell, but there is still a new
From the online point of view, there are signs of closure. The price has retreated sharply after encountering resistance near the upper rail. At present, it can only be regarded as an adjustment during the previous rise. The price will not just go down directly. It is expected that the short-term will be around 80 The dollar is consolidating around. With an opening in 4 hours, a big negative line directly fell below the first-line support of the middle rail, and it is currently stabilizing near the lower rail. The short-term price may test the low point again. It is necessary to pay attention to the support at this position. If it can be held, the short-term price will go up There will be a chance to rebound again. The operation idea is to look at a wave of rebound after the price retreats and stabilizes.
Operation strategy: call back the 78.3-79 area to do long, stop loss at 78.4, target 80.5 and directly empty
Share this point of view with my friends, I hope you can make more money and realize your dreams. Friends in need can keep up
USOILSPOT Weekly Analysis: New Perspective and Follow-Up DetailsGet ready for an exciting dive into the world of oil markets! As we kick off the bullish messaging from Saudi Arabia and other oil producers, we have an important event on the horizon. The July 5-6 seminar will bring together oil industry CEOs and energy ministers from OPEC - the Organization of the Petroleum Exporting Countries. OPEC+, which includes Saudi Arabia and Russia among its allies, holds the reins of over 40% of the world's oil supply.
The bull thesis for oil in the second half gains strength as expectations rise of significant production cuts by major player Saudi Arabia. The goal? To push Brent prices above $80 per barrel and U.S. West Texas Intermediate to a minimum of $75.
Saudi Arabia, at the forefront of OPEC+, has already announced three production cuts since October, theoretically eliminating 2.5 million barrels per day from their output. As a result, their production in July is expected to hover around 9 million barrels per day.
However, despite these announcements, crude prices have experienced only fleeting rallies. Rate hikes by the Federal Reserve and other central banks have emerged as major factors, causing concerns over a global economic slowdown that could impact energy demand.
Now, the crucial question arises: Will the bullish sentiment prevail as global travel rates are projected to surge in July and August? This surge could potentially lead to a critical shortage of crude oil for U.S. refineries, especially considering the intentional reduction in oil supply from the Saudis to this particular destination. Furthermore, unless extended, the weekly sales of crude from the Strategic Petroleum Reserve will come to a halt, removing one of the tools employed by the Biden administration to keep prices in check.
In this video, I present a comprehensive technical analysis of USOILSPOT, focusing on key supply and demand zones within the Daily, 4-hour, and 1-hour timeframes. By closely examining these indicators, our goal is to provide valuable insights into the potential direction of price action for USOILSPOT in the upcoming week.
Don't miss out on this invaluable technical analysis that will enhance your understanding of the future trajectory of USOILSPOT. Stay one step ahead of the curve by watching the video now!
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
USOILSPOT H4 | Running into resistance?USOILSPOT is rising towards an overlap resistance that aligns close to the 61.8% Fibonacci retracement level. Price could hit the sell entry at 70.942 and potentially reverse to drop lower. Take profit is at 68.194 which is an overlap support. Stop loss is at 73.357 which is an overlap resistance.
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USOIL: SELL around 71.8, short-term within the day to see 72.3-6SELL71.8, see the 70.5 line, just break through 72.3 and stop loss. Generally speaking, the oil price range is 72.3-69.9 within the day! If you break the upper and lower support levels, change your strategy and follow up!
Intraday strategy follow-up is closer. . .
USOIL: Resistance level 72.5, trading strategy between 70.4~71.8On the whole, today's crude oil price should focus on the 71.8 high point and 72.5 resistance for the upper resistance, and the 70.4-69.5 support for the lower part. During the shock period, you can sell high and buy low, and swing trading can maximize today's benefits
USOILSPOT Weekly Analysis: New Perspective and Follow-Up DetailsThe oil market has experienced significant volatility throughout the week, starting with a price spike due to Saudi Arabia's one million barrel production cut, followed by a plunge in prices after the US and Iran denied a temporary nuclear deal.
Despite the highly-publicized Saudi output cut, US Oil prices saw another decline at the end of last week. As we approach the May CPI reading on Tuesday, just a day before the Fed decision, expectations are high for a shift away from the rate hike campaign that began 15 months ago. It is important to note that the central bank faces a resilient US economy that continues to exhibit inflationary tendencies, despite ongoing discussions of a possible recession. How will the market anticipate and react to these upcoming high-impact macroeconomic events?
This video provides a comprehensive technical analysis of USOILSPOT, focusing on key support and resistance levels, as well as trendlines identified in the 4-hour timeframe. By examining these indicators, we aim to gain insights into the potential direction of price action for USOILSPOT in the coming week.
Don't miss out on this insightful technical analysis to enhance your understanding of the future trajectory of USOILSPOT. Stay ahead of the curve by watching this video now!
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.