USOIL - BULLISH DOUBLE BOTTOMHello Traders ! On the daily time frame, The USOIL reached a strong support level (63.61 - 66.67). The price formed a double bottom pattern. Currently, The neckline is broken ! So, I expect a bullish move🚀 _________________ TARGET: 75.80🎯Longby Hsan_BenhmedUpdated 7717
USOIL Short - You're Too BullishMajor HTF Levels awaiting you at the swing high while majority is long. What could go wrong?Shortby Entropie20204
WTI Oil H4 | Potential bullish breakoutWTI oil (USOIL) is rising towards a potential breakout level and could climb higher from here. Buy entry is at 75.11 which is a potential breakout level. Stop loss is at 72.75 which is a level that lies underneath a pullback support. Take profit is at 78.62 which is an overlap resistance that aligns close to the 78.6% Fibonacci projection level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:04by FXCM6
Hellena | Oil (4H): Short to support area at 64.617.Dear colleagues, it seems that the price is in a downward movement and at the moment the price is forming wave “2” of lower order. I assume that after the formation of wave “2” (72.299), the price will start to form wave “3” of lower order. The nearest target is the support area at 64.617. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Shortby Hellena_TradeUpdated 6659
USOILThis trade idea outlines a short opportunity on USOIL, targeting a potential decline in price. Market conditions suggest a possible pullback or correction, offering a favorable risk-to-reward scenario. Entry, Take Profit, and Stop Loss levels are clearly marked on the chart to guide execution and risk management. As price approaches key resistance areas, this setup aims to capture the downside move while maintaining strict risk control.Shortby CryptoBullTrades114
USOIL💹 Outlook: Starting out with the 5hr chart, price has been accumulating all last week. Price has shown a valid correction and has re-accumulated. I am now scaling down to the 30m chart and waiting for price to show me bullishness and impulse above the 10 and 20emas before I scale down to my 5m entry timeframe. Bias: Bullish but needs time on the 30m time frame to show conviction above the 10 and 20emas.Longby angelvalentinx4
New To Marking Up OilI just started really marking up Oil. So my confidence is still growing. But Im watching to see if the market breaks this green trend line or respects it. by ShyGirlTheTrader1
Market Retest at 72.09 Before Upward Move to 82.712"The market is expected to drop to 72.09 for a retest before reversing direction and moving upward, potentially reaching 82.712.Longby ManfromHeaven_1
usoilusoil will continue up swing based on the structure of the market. oil is going long dont get it wrong01:16by Shavyfxhub4
USOILOIL price to be on the bullish based on the weekly candle breaking long term resistance. i expect oil to go long, the geopolitical tension in the middle east could set a massive buy rally for usoil.06:43by Shavyfxhub0
$20 Spike if Israel Hits Iran’s Oil? The Israeli military warned that its response to Iran’s missile attack would be “serious and significant,” as Goldman Sachs forecasted that oil prices could surge by $20 per barrel if Iranian production is disrupted. Daan Struyven, Goldman’s co-head of global commodities research, stated on Friday that a "sustained drop of 1 million barrels per day" in Iranian output could lead to a peak increase of $20 per barrel next year, assuming OPEC+ does not immediately boost production, which typically requires time to implement. However, if key OPEC+ members like Saudi Arabia and the UAE step in to offset some of the supply loss, the price impact could be more moderate—around $10 per barrel, Struyven added. Goldman did not offer a specific price forecast if Israel were to target Iran's nuclear facilities, a scenario raised after Republican presidential candidate Donald Trump suggested such a strike was appropriate to recent missile activity from Tehran. by BlackBull_Markets7
oil long and shortbullish week last week expect a pull back where bulls will step in trying to push higher expect sellers to enter at the weekly high later in the week tug of war this week 3 points on trendline expect a bounce then to be manipulated before any long buys week after look to sell on a range at the breakout do the opposite to everyone else your not supposed to win by deanbarrs1114
WTI OIL📊 #WTIUSD ⏱ TIME: 1H 📝Important oil ranges for this week ⭕️risk: mid 📍The initial buying limit: 72$ and 69.7$ Longby lilebi1
CRUDE_OIL - Up movement Hi my friends, I'm observing OIL_CRUDE for a buying opportunity around these two sell areas. They are strong resistance zones and and I think we will see a push back and a change in the direction to the upside to the both potential targets. Please comment and share your opinion. Longby PpetroeRUpdated 9
USOIL: Short Signal with Entry/SL/TP USOIL - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell USOIL Entry Level - 74.39 Sl - 75.86 Tp - 71.60 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals227
Will geopolitical tension support oil prices? Kazakhstan planned to cut its oil output, while Russia reported lower production in Sep, restricting the supply. Meanwhile, the heightened geopolitical tension in the Middle East increases concerns over oil production and transport. At the same time, market participants remain optimistic about the US economy, which could support oil demand. Today's NFP release may provide insights regarding the US job markets. USOIL has significantly recovered from its low last month. The price retested its support at 67.50 USD per barrel before closing above its psychological support at 70.00 USD per barrel. If USOIL sustains its upward momentum, the price may retest the following resistance at 75.00 USD per barrel. On the contrary, USOIL may return to 70.00 USD per barrel if the price retraces before its continuation. Longby DCFX-TA2
USOIL potential buysThe overall market trend is still bearish. However, the market is currently in a counter trend to the upside. DanBLongby DBstackn0
sell and hell goodAll is good, no wars, no inflation and all will be okay as before.Shortby Darklight7
USOIL Price Analysis: Double Bottom Breakout Targets $78.37🛢️ USOIL Price Analysis: Double Bottom Breakout Targets $78.37 and $83.67 USOIL (WTI Crude Oil) shows a bullish reversal pattern on the D1 timeframe , with a double bottom breakout signaling potential upward movement. Traders are eyeing key targets, with the first at $78.37 and the second at $83.67 . Here's a breakdown of the setup: 🔍 What is a Double Bottom Pattern? A double bottom is a bullish reversal pattern that forms after a downtrend. In this pattern, the price hits a support level twice and bounces back. This suggests that sellers have been exhausted, and buyers are stepping in to increase prices. The breakout occurs when the price closes above the peak between the two lows, confirming the pattern. 🚀 Key Price Targets for USOIL With the double bottom confirmed, here are the following potential price targets: 1. First Target – $78.37: After the breakout, the immediate upside target is $78.37 . This level is based on a measured move from the bottom of the pattern to the breakout point, giving traders their first profit-taking zone. 2. Second Target – $83.67: Should the bullish momentum continue, the next target to watch is $83.67 , where further resistance is expected. A move toward this level would signify a more extended upward trend in USOIL. ⛔ Stop Loss – $66.23 To manage risk, traders should consider placing a stop loss at $66.23 . This level is below the pattern's low, where a breakdown would invalidate the bullish outlook and potentially trigger further downside. 📊 Factors Influencing USOIL Several factors could affect the success of the breakout: Global Supply and Demand: Changes in OPEC policies, US shale production, and geopolitical tensions can significantly impact oil prices. Economic Growth: A robust global economy often increases oil demand, increasing prices. USD Strength: Since oil is traded in US dollars, a stronger dollar can put downward pressure on oil prices, while a weaker dollar may support further gains. 🛠 Trading Strategy For traders looking to capitalize on this breakout, consider the following: Entry Point: After the breakout, buying near the current price with targets of $78.37 and $83.67 could provide a favorable risk/reward ratio. Risk Management: Place your stop loss at $66.23 to protect against unexpected market reversals. 💡 Conclusion The double bottom breakout on the D1 timeframe suggests that USOIL is poised for a potential rally towards $78.37 and $83.67 , with a protective stop at $66.23 . To navigate this opportunity effectively, traders should stay vigilant of key market factors and global developments. 🔔 Stay tuned for more updates on USOIL and other fundamental market movements.Longby amzadlak8
USOIL My Opinion! SELL! My dear friends, Please, find my technical outlook for USOIL below: The price is coiling around a solid key level - 74.39 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 71.82 Safe Stop Loss - 75.88 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals113
USOIL DAILYUSOIL DAILY: USOIL seems to have completed wave B of 2 and heading for the C leg. We are expecting the correction to terminate near the fib levels.by ElliotWave3214
Crude BullishPrice action is suggesting, we are going to see a trending one way move in crude oil 129 level over next few weeks. Overall set up looks extremely bullish. With a SL of 57.2, one can aim for target of 129 and 143.Longby Ankit_Silverline3
USOIL: Local Correction Ahead! Sell! Welcome to our daily USOIL prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 72.94 Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals111