1W ChoCh Sell Just Beginning1W ChoCh Sell Just Beginning last low $0 in 2020 Possible Take profit it's make 3 Waves Higher Low But have strong Support in Blue order box It's need Clearly.
OILUSD trade ideas
US OIL READY TO SELL.. WEEKLY ANALYSISHello everyone here is my Todays US OIL Market Analysis Please check and share your opinions in the comments section thanks
today on Monday 27th January 2025 US OIL Currently trading at (74.50)with a key pivot point (76.10).I am supporting the (Sell Side) today as the price remains below key levels.
The markets next movement depends on its behavior around this critical level.
Bearish Scenario: If US OIL remains below the pivot point (76.10) it will bring US OIL towards the following targets:
Target 1: 73.00
Target 2: 71.00
Target 3: 69.00
Support: 68.00
Bullish Scenario: If US OIL breaks the pivot point (76.10) and close a 4H candle above it, this could open the path for further upside movement potentially
Resistance: Supply zone: 77.00/ 78.00
Long term Resistance: 79.00/ 80.00
Key Levels:
Pivot Point: 76.00
Target 1: 73.00
Target 2: 71.00
Target 3: 69.00
Support: 68.00
Resistance: 75.00
Supply zone: 76.00
Long term Resistance 79.00/80.00
Trend Outlook
Bearish Trend: Below 75.00 and 76.00
Bullish Trend: Above 76.00/77.00
a confirmed close in a 4H candle
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USOIL - Bearish Head and Shoulders Hello Traders !
The USOIL failed to break the resistance level (80.148 - 79.652).
The price formed a head and shoulders pattern.
Currently, The neckline is broken !
So, I expect a bearish move📉
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TARGET: 74.450🎯
President Trump urged OPEC to increase oil productionPresident Trump urged OPEC to increase oil production and lower prices in order to help end the war in Ukraine, threatening tariffs and sanctions if a deal is not reached. Oil prices fell in response to Trump's statements, with Brent crude dropping to $77.94 per barrel and West Texas Intermediate falling to $74.11 per barrel. OPEC has not officially responded to Trump's calls for increased production, and the market remains uncertain about potential outcomes. In addition, the reversal of U.S plans to impose sanctions on Colombia eased concerns about potential disruptions to oil supply from the South American nation. Also the impact of sanctions on Russian oil production may be limited, but some risk premium is justified due to the potential leverage in future negotiations.
On the technical side, the price of crude oil has found sufficient resistance on the upper band of the Bollinger bands and has since entered an aggressive bearish trend which seems to be slowing down around the $74 area. The faster 50-day moving average is still above the slower 100-day indicating that the overall bullish momentum is still in effect despite the rapid decline. On the other hand, the Stochastic oscillator is in extreme oversold levels hinting that there might probably be a bullish correction in the upcoming sessions. If this scenario plays out then the next major technical resistance area might be seen around $76 which is the 23.6% of the daily Fibonacci retracement level.
WTI Under PressureThe effects of the ceasefire in the Middle East are now beginning to be reflected in the price of WTI.
We currently expect the rally of recent weeks to be largely reversed and assume that the WTI price will approach the USD 73.30 mark.
USOIL BULLish Movement to Grab Liquidity USOIL has shifted from an uptrend to a downtrend. However, as of January 27, 2025, at 2:11 PM, the price is preparing to rally upward briefly to grab liquidity before continuing its downward movement
USOIL is going downafter marking HH of almost 80.827, the price went down sharply, and once it broke the bullish trendline which was a major indication of a bearish trend for oil now it is respecting the bearish trendline by simply making LHs and LLs RR of 1:1 trade has been marked on the chart
USOIL Going Long On A Monday Jan 27, 2025USOil will be Bullish on monday money let's see how the trade plays out
OIL POTENTIAL BUY ZONEIf the trend line on the chart breaks, you can go for a buy.
Pay attention to the trend line on the RSI.
Falling towards 61.8% Fibonacci support?WTI Oil (XTI/USD) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which acts as a pullback support resistance.
Pivot: 72.73
1st Support: 66.98
1st Resistance: 77.76
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Disclaimer:
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WTI CRUDE OIL - ANALYSISTVC:USOIL
MY VIEW: price has been trending higher until it meets my price of interest at 80.73 before changed its trend to the downside as we can see the price dropped nearly -10% since that top price. as trump is doing his business out there even internationally right now such as tariffs, war, lower price of oil, etc etc it is projected price of oil will lower. (my conclusion)
Oil - wait until its revised pattern finish then open buys. Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is always setting a Stop Loss when opening a trading position, which ensures every trading is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
usoil sell tradeThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
USOILTrenline break and retest at fib level 0.50%
Buy limit 73.77
Stop Loss 66.83
Take Profit 80.71
RRR 1:1
WTI OIL Wave 5My primary count in the 4H chart considers we are finishing blue wave 4, which should lead us to new highs above 80.73.
This count is valid as long as price stays above 71.38 (blue 1 high).
USOIL: Free Trading Signal
USOIL
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long USOIL
Entry - 74.53
Sl - 73.46
Tp - 76.58
Our Risk - 1%
Start protection of your profits from lower levels
❤️Please, support our work with like & comment!❤️
What To Look For On OilOur analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
Please support our analysis with a like or comment!
Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
USOIL BULLS ARE STRONG HERE|LONG
Hello, Friends!
We are targeting the 79.20 level area with our long trade on USOIL which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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WTI WEEKLY ANALYSIS WTI weekly analysis:
last week also I did weekly analysis, and oil reacted in the same way, due to trump's policies oil is still working in bearish mode, I expect, oil can make strong support 70 for a good buying position, this is my personal opinion
USOIL - Potential long position !!Hello traders!
‼️ This is my perspective on USOIL.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect price to reject from bullish OB after filling the imbalance.
Like, comment and subscribe to be in touch with my content!
The Great Melt Up: aka inflation is coming!With Trump wanting to start refilling the SPR and with what seems like the FED probably having to pivot so the US doesn't defunct, we will usher in an era of inflation by the printer coming back on and QE happening. Rates are dropping which along with it the DXY and printing.. WTI loves DXY dumps!
USOIL My Opinion! BUY!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 74.53 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 76.87
Recommended Stop Loss - 73.41
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
