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Wtianalysis

WTI Upside target 91.5 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 operation suggestion is to wait for 89.50 to buy first line, stop loss at 89, and target 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.
BLACKBULL:WTILong
by Jerome-Leon
WTI Target breaks through 90 The overall trend of crude oil rose and fell back yesterday. After a slight rise, the bulls were unable to come out of the decline, but the bullish direction remained unchanged. After all, the bullish form on the daily line was good, and the moving averages were also arranged by bulls. If there is an unexpected second bottom, the bullish trend can continue. . Therefore, it is recommended to be directly bullish on 88.7, add positions to 88.3, ​​lose 87.8, and look at 90-91. As long as the daily MA10 position does not break, the bullish idea remains unchanged. If it breaks below, it will face adjustments. We can then watch for a pullback. It may be a slow rising trend during the day!
BLACKBULL:WTILong
by Jerome-Leon
WYI overall analysis The overall trend of crude oil yesterday was like a roller coaster, but last night it formed a V-shaped reversal. It fell below the 79.5 resistance within the day and rebounded again, but failed to break through the previous day's low of 77.6. We went long at the low point of 77.6, and successfully ushered in a big rise, with a stop profit of 78.6! From the daily line, the moving average is still in a short position, but the two closing lines are very long, indicating that the double-bottom support below 77.6 is effective, mainly because H4 came out of the stop loss trend and then fell back. A golden cross appeared on the moving average, and oil prices fell. If it breaks through the middle rail, the adjustment of crude oil is over. You can safely look at the points around 78.6, increase your position at 78.1, hold 77.6, pay attention to 79.5-80.1, and continue to increase your position.
BLACKBULL:WTILong
by Jerome-Leon
WTI OIL / US OIL AnalysisUs oil is quite interesting. The movement is now in accordance with the analysis that I gave a few weeks ago. There are things that are repeated here, namely the price of forming a curve bullish again. The possibility is the price of bullish is quite high, if we pull the fibo extension, then the possibility of the price of pursuing fibo extensions 1. Fibo Extension 1 is more or less parallel to Fibo Extensions 1,618 from Wave 1. Could be, Wave 3 will move to the area. Take the opportunity to Long when the price is corrected.
TVC:USOIL
by Hokusai_FX
🚨 WTI HIGH PROBABILITY SELL SETUP SOON 🚨🚨 WTI HIGH PROBABILITY SELL SETUP SOON 🚨 * Here we can see clearly the next potential moves for West Texas Intermediate Crude Oil, in coming days or week. * Im thinking there might be a Down Trend Move happening FIRST to form the Inverse Head & Shoulder Reversal Pattern before the Huge Bullish Move to Up Trend. * I've labelled where i can see the Inverse Head & Shoulder that MIGHT happen or not. * I've got Multiple SELL trades to look at. * First SELL position is going to be a quick SCALPING move to execute. * EP(SELL): 70.263 * TP: 69.910 * No SL provided for this trade, use your own discretion. * Nest EP(SELL) is for the Next potential Big Drop to form the Shoulder. * EP(SELL): 69.623 * TP: 68.951 * TP2: 68.016. * No SL provided for this trade, use your own discretion. * Keep your eye close on your trading positions. * Happy pip hunting traders. * FXKILLA *
BLACKBULL:WTIShort
by FX-PIPHUNTER
4
WTI Crude Oil Sell TP = 42.67On the weekly chart, the trend started on March 13, 2022 (linear regression channel). There is a high probability of profit, since the channel is not yet closed. A possible take profit level is 42.67 ( this is the minimum take profit value, but it has a high percentage of payoff ). But don't forget about SL = 98 . Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTrading
BLACKBULL:WTIShort
by WeBelieveInTrading
WTI may bounce off the support!!Instruments : WTI Possible direction : Bullish Technical Analysis : Early this month WTI opened with big gap up and signaling possible trend change. After long consolidation, WTI filled the gap and currently bouncing off the support level. It is highly likely that WTI may change trend and continue to uprise. A bullish trade is high probable. Possible trade recommendation : Bullish as per sketch. Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
BLACKBULL:WTILong
by ForexWizard01
USOIL:$78 next week is crucial On Tuesday this week, the testimony of the Chairman of the Federal Reserve before Congress raised concerns about risk assets in the market. In this testimony, Powell stated that "if it is necessary, the Federal Reserve is prepared to speed up the pace of interest rate hikes, and terminal interest rates may be higher than expected." These words indicate that the Federal Reserve not only did not cool down the rising expectations for interest rate hikes over the past month, but also further pushed up the expectations for interest rate hikes. Powell's speech caused shock in the market, as the market saw from Powell's speech a determination to lower the inflation rate at the cost of suppressing demand and employment. On that day, the US dollar index soared, risk appetite deteriorated, and US stocks fell sharply, accompanied by a sharp drop of 4% in oil prices from above $80 per barrel. However, there was a reversal in oil prices on Friday. After testing the support at $74.5, the market quickly rebounded above $76 and successfully stabilized. Our long position in crude oil at $75 also reached the first take-profit level smoothly. However, there is still a certain distance from the recent high of $80, and the upper resistance level to watch is in the 76-78 area. This dense resistance area may limit the upward space. But if it breaks through $78, there will be an opportunity to challenge the $80 level again. Let's keep an eye on it, and I will update the trading strategy in a timely manner. I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I also update daily trading strategies. Thank you for your attention and likes. If you have any questions, please leave a message, and I will provide the most secure advice to help you.
FX:USOILLong
by FlashTrades_
1
USOIL: Long position after a downward adjustment to $77 Despite the unexpected drop in API crude oil inventory providing support to oil prices, the hawkish speech by the overnight Federal Reserve Chairman has continued to help the US dollar index soar, which has raised concerns about economic recession and continued to put pressure on oil prices. Although there is a chance for the oil price to rebound and adjust after the overnight plunge. Looking at the daily chart of USOIL, the upward trend has not been broken, and the support below has continued to rise. Although there is no effective breakthrough above $80, the adjustment range of this downward trend is sufficient, and it is a good opportunity to enter the long position again. Personal trading strategy: Buy long position near $77-77.5, with the first target at $78.5 and the second target at $80, and pay close attention to the EIA data to be released tonight. I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I will also update some daily trading strategies. Thank you for your attention and likes. If you have any questions, please feel free to leave a message, and I will provide the most secure advice, hoping to help you.
TVC:USOILLong
by FlashTrades_
1