USOIL: Trading Signals
USOIL30m chart, after the arc bottom is formed, encounters resistance near 70, forming M top (double top), MACD death cross, judging from the shape, it should be a pullback and then rise, so, my trading point of view is to be short first , and then go long.
Trading Signals:
sell:69.3-69.5
tp:68.5-68.3
buy:68.5-68
tp:70.3-71
Usoiltrade
Crude oil trends
Today's crude oil rose as scheduled, came to around 69.4, today in the transaction we chose to go long, got a very good profit, it seems that OPEC+ decided at the early June meeting to extend the current crude oil production reduction plan, and Saudi Arabia promised to cut crude oil production by 1 million barrels / day in July, and said that it will extend further if necessary, which may ease the decline in oil prices. In addition, the United States further purchases crude oil to supplement strategic reserves, may also bring some support to oil prices, next, the market will pay attention to OPEC's monthly short-term energy outlook report, crude oil should enter a shock adjustment period tomorrow, and then narrow the range of shocks, trading ideas recommend low long, with stop loss trading, reduce trading risks
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
USOIL:Trading advice for the day
A very typical shock trend, last trading day under the EIA and API double favorable stimulation oscillation upward test pressure level, from around 72 oscillation counter-pumping in the refresh high touched the 73.2 line and then the shock fall, a wave of sharp fall touched around 69 and then rebounded, in the short term a shock box is also very obvious, this is also the idea we have been sharing with you recently, the upper pressure level gradually moved down to around 72, the short-term support below is still at 70, strong support around 69.
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Crude oil analysis next week
Next week's regular data API and EIA data, this week the United States to June 2 EIA crude oil inventories -451,000 barrels, expected 1.022 million barrels, previous value of 4.489 million barrels; the United States to June 2 EIA strategic petroleum reserve inventories -1.867 million barrels, previous value -2.518 million barrels; June 14 The United States will release API and EIA crude oil inventory changes for the week ending July 22, and inventories are expected to continue to decline. If the overall is bullish for crude oil as expected, more detailed is to see the expected EIA data after the release of API data.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Crude oil trading on Friday
Oil crude oil is now rising to around 71, after reports that Iran and the issue of nuclear enrichment and oil exports are close to reaching an interim agreement, but oil prices rebounded from earlier declines at the close, as the United States denied reports that the two countries were close to an interim nuclear deal, in addition, gasoline inventories increased more than expected, crude oil has been volatile recently, and the crude oil strategy given yesterday is also a perfect take profit. Today's crude oil is mainly long at a low level.
Personal Trading Strategy:
usoil:buy@70-70.5 tp71.5-72
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
USOIL:Trading advice for the day
EIA crude oil stocks and strategic crude oil crude oil stocks are all synchronized with the decline in API stocks. In the short term, it corresponds to the central idea of the new round of OPCE+ production reduction meeting. The pressure on the supply side has eased, but the pressure on the Federal Reserve to raise interest rates is continuous, so the crude oil trend will be very depressed. The last trading day oscillated all the way from near 71, and after the data was released, it quickly rose to near 73.1 and fell under pressure again. The short-term maintenance range is repeated, and our operating ideas will continue to be maintained.
USOIL:@73.1-72.8 TP:72.5-72
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Crude Oil Today
The crude oil strategy given earlier, we chose to reduce positions after getting a profit at 72.7, it seems completely correct at present, crude oil fell to around 69.3, it seems that the short-term support below is around 67.3, today's release data to see that crude oil is bullish, I think there is still an opportunity to go long
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
USOIL:Trading advice for the day
Crude oil currently continues to maintain a wide range of oscillations in the daily trend. After a wave of bottoming out and rebounding in the hourly trend, there is currently no particularly obvious trend in the short-term, and there is a high probability that it will maintain a volatile trend in the daily trend.
usoil:sell@72.5-72.2 tp:71.7-71.2
It's that simple to take you to make money, follow me.
Crude oil support began to move up
Saudi Arabia, the world's largest oil exporter, raised official crude prices for Asian buyers. Oil remains in a wide weekly range due to limited demand, increased supply from non-OPEC countries, and potential recessions in the United States and Europe.
Although crude oil broke through yesterday but then pulled above the trend line, it seems that crude oil support began to move up, and then the price rose above the short-term downtrend line. Crude oil is focused on long trading opportunities today
Personal Trading Strategy:
usoil:buy@70.8-71.3 tp72-72.5
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
USOIL:Trading advice for the day
With the landing of the OPCE+ meeting over the weekend, although there is an agreement to maintain production cuts, the market is obviously skeptical about the actual effect of OPCE+ production cuts. In the last trading day, after the oil opened high around 74.3, it also fell all the way to touch around 72.2, and then the shock counter-pumped around 73.8, the second rise failed to effectively break through the key pressure level of 74, but also because of the weak US economic data, the second kill, after the gap to make up, there is a need to continue to test the support below, pay attention to the key support around 70, short-term oil is still a range idea!
usoil:buy@70-70.5 tp:71
As long as you keep up with my signal, you can make more money
Crude oil shock adjustment
Crude oil we saw a bottoming out last week, did not continue after the decline, but formed a V-shaped reversal, began to continue to rise, and is now entering the upward phase. The resistance above is also obvious, the current strong resistance is around 74.7, as long as there is no breakout, you can choose to go long at the low level
Crude Oil Personal Trading Strategy:
usoil:buy@70-70.5 tp71.2-71.6
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Saudi Arabia boost oil price with output cutI have some exciting news to share with you today. Saudi Arabia has recently announced their plan to boost the oil price by cutting their output by 1 million barrels a day. This is excellent news for the oil industry and presents a fantastic opportunity for investors like you and me.
As you know, the oil market has been volatile in recent years, but with this announcement, we can expect a significant rise in oil prices. Therefore, this is the perfect time to invest in oil futures and exploit this exciting development.
I encourage you to act fast and invest in oil futures today. This is an opportunity that you don't want to miss out on. With Saudi Arabia's commitment to reducing its output, we expect a steady increase in oil prices over the coming months.
Let's exploit this exciting opportunity and invest in oil futures today. I look forward to seeing the positive results of this decision shortly.
Crude oil will break through the straight line and accelerate up
Crude oil fell back today and bulls rose again, and the point of decline was also very close to the expected point, but there will be normal shocks in the rise, and if there is a fall, there will be new long opportunities.
Crude oil closed positive on a daily basis and broke through the range high, indicating that the recent sideways correction has ended, and the market is once again not as good as the bulls.
Trading strategy
buy@73.90 tp1:74.70 tp2:75.9
Next, there will be many trading opportunities for crude oil. I will provide you with more signals. Don't miss the opportunity to make money!
USOIL:Today's trading advice
On the fundamentals, it is still in a state of intertwined long and short positions. The optimistic expectations of short-term debt negotiations have given the market some support. Coupled with the recent strong demand for gasoline, there is a certain positive stimulus for crude oil in the short term. However, there is currently some uncertainty about the production cuts promised by Russia, which has led to a more cautious attitude in the market. Last trading day, crude oil fell back to near 70.7 after the shock, and it rebounded to near 72.5 in the evening. The short-term range is still not broken, and the range opportunity can continue to be maintained.
Today's trading advice
usoil:sell@72.4-72.9 tp:71.8-71.3
usoil:buy@70.7-71.2 tp:71.8-72.4
As long as you keep up with my signal, you can make more money
Crude oil shorting
After the price rebounded slightly, the five-minute pattern peaked again, conforming to the one-hour bearish cycle, the rebound can be regarded as a correction to the downward rebound that began on Friday, so I will continue to wait for this opportunity tonight
Trading strategy:
sell@71.8 tp1:71 tp2:70.8
Next, there will be many trading opportunities for crude oil. I will provide you with more signals. Don't miss the opportunity to make money!
Crude oil transaction analysis
The U.S. debt ceiling negotiations failed to reach an agreement last week. Although they will continue on Monday, there are some concerns in the market, which put pressure on oil prices, and U.S. Treasury Yellen's speech on the possible need for more bank mergers has also increased market concerns about the banking turmoil and crisis.
At present, it is already showing a weak trend, but the support of the uptrend line below is relatively speaking, and it is expected that the narrow volatility adjustment will continue in the short term. In terms of operation, we will continue to short at a high level.
Trading strategy:
USOIL:sell@72.7-71.7 tp71-70.7
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Today's crude oil trading advice
On the one hand, optimistic economic data eased the demand concerns caused by the recession, and on the other hand, inventory pressure continued, leading to the current crude oil entering a contradictory stage. Yesterday's crude oil volatility can be said to be the smallest in the near future, and the market is also paying attention to the new round of guidance.
usoil:sell@73-73.3 tp:72.2-71.6
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Crude oil won a big victory today
I am really happy that the trading signals shared with you today can make you a good profit. Next, I will always provide you with more accurate trading information. Join me and I will make everyone gain something every day.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
USOIL Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.