USOIL - high placed? holds or not??#USOIL... perfect move as per our analysis and mentioned resistance. keep close that resistance region guys because if market hold it in that case we can expect a drop from here. dont be lazy here. good luck trade wisely by AdilHussain7313332
CRUDE OIL ( WTI )Why did I take this trade. Price respected our trendline channel for sometime on high TFs. However, on the 30 M, we saw a bullish engulfing that changed the manner of the long term trend. Executed trade on 1H and currently in profit Longby addiv1860Updated 1
03.01.25 Morning ForecastPairs on Watch - FX:CADCHF TVC:USOIL A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy! 11:04by JordanWillson113
USOIL Trade SetupHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .Longby OptionCallPro0
WTI/USD on daily "As mentioned in my recent analysis, the price of oil could potentially surpass $75."Longby somayehbasiri3
Oil Heading Higher in the Short TermOriginally, I thought this move up would be short and target somewhere along the 50 % area of the previous impulse down but it has ended up proving me wrong. Looking at how aggressive the rally has been since Dec 26 we can take an interpretation that wave B/X took the form of a triangle. This allows us to recalculate our likely zone for this move to end at the price of 74.75 which would give us equality in distance travel between waves W and Y, Of course, the price could push past this area, and for that purpose Im considering the absolute point of invalidation for this scenario at 79.10 and granted there is a wide margin from the current price to the indicated protective stop but if the move down gets going there is reason to believe we will go down to the 65 dollar mark and past it, still affording a favorable risk-reward. I have still not taken a position but will update when it looks more favorable to do so. Happy Trading :)Longby HydraFinance3
US OIL WANT BULLISH ZONE AT 71.90HELLO Traders ! whats you think abou WTI OIL us oil want buy direction at 71.90 and its technical target is 73.50 Longby ALBERTGOLDHUNTERUpdated 12
Oil shortOil has been ranging since September, this week it broke out to the up side. Price has just reached one of my sell zones. I have been aggressively trying to short oil and I was stopped out both times. There is enormous move to the down side on oil and I want in. The first signs of reversal are there, we just need price to develop and violate structures on the lower timeframes. Shortby Golb1
WTI Light Crude Oil (18H) – Technical Analysis1️⃣ Bullish Triangle Pattern The chart forms a bullish triangle, with higher lows and a descending trendline. This indicates potential accumulation before an upward breakout. 2️⃣ Strong Support Level The $68-$69 support zone, established in September, has held firm, showing strong buying interest and rejecting further downside. 3️⃣ Broken Resistance Line The descending trendline has been broken, signaling a shift in momentum toward buyers. 4️⃣ Potential Uprise The breakout suggests upside potential toward: 🟢 Target 1- $71.23 🟢 Target 2-$73.00 🟢 Target 3-$77.54 Got questions? Let me know! Longby Charts_M7MUpdated 7
Crude oil for buy.Price brokeout of the consolidation, wait for retest or a pullback with a bullish candlestick pattern.by makindetoyosi27
"USOIL Alert!"USOIL Alert! Pattern confirmed: Accumulation, Manipulation, Distribution Get ready for a BIG DROP! Instant Sell Recommendation: 7.83 RR Don't miss this trading opportunity! Shortby twb1122Updated 1
Oil UpdateOil Update This is the bottom and this is the top for today We may see more upside but if the red line is breached and in the worst case we may see more downside to the green line area Oil on the long term as an investment is the $81 area You can be an investor or a speculator Exceptionby Indicators1MGGROUPUpdated 3
CL - Crude Oil confirmation and unwritten potentialHi guys, we are following up with probably one of our favourite assets to participate in. You guessed it right it's CL. Currently the Crude Oil is sitting in a very specific range , which has been traded since late August , until the end of October where we saw a big spike and got out of boundaries due to the escalation in Iran and Israel, of which after the cooling off we got back into the range of 73.00 as a strong resistance line , and 67.00 as a strong support. This range has made a lot of traders stay away from CL, but I do believe that there is potential to be caught. Current analysis and entry : Entry today at a level of 68.90 , with two targets of take profit : Target 1: 71.52 Target 2: 72.92 Now this is the bold move if you don't want to miss out on the current opportunity and your Risk Tolerance is on the higher end. If you want to be more protective and your Risk Tolerance is on the lower side, you can get a Pending Order at the level of 66.61 , and then enter 3 follow up targets Target 1: 68.50 Target 2: 71.05 Target 3: 72.45 P.S. My current opinion is to go with a current entry because the missing out of opportunity is too high ,hence we are seeing more tensions in Israel&Gaza conflict, additionally the tightening of the situation in Ukraine&Russia adds more Fundamental Value, towards a swing on an upside of the Crude Oil. Do let me know in the comments below or in my community what is your thought process and opinion about our favourite Black Gold! Happy Trading!Longby DG55CapitalUpdated 12
WTI OIL Break-out or rejection strategy.WTI Oil (USOIL) gave us an excellent buy signal last time (December 27, see chart below) that produced a Bullish Leg straight to our $72.80 Target: The price is right now above Resistance 2 and almost at the top (Higher Highs trend-line) of the Channel Up. Having completed a +6.65% rise (which was the previous Bullish Leg), it is now highly likely to start seeing a reversal to a Bearish Leg. Especially since the 1D RSI is testing the October 07 2024 High. As long the price gets rejected below the top of the Channel Up, we will be bearish, targeting $70.50 (above the 0.618 Fib and the 1D MA50). If the price breaks and closes a 1D candle above the Channel Up, we will take the small loss and switch to a buy, targeting the 1D MA200 (orange trend-line) at $75.15. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot2225
Crude oil - breaking out at last?Asian Pacific stock indices were mixed overnight, with outsized losses across Chinese indices. This followed the release of another disappointing Manufacturing PMI, even though the Services sector continues to show expansion at a better-than-expected rate. It was a similar situation across Europe which had to deal with a dismal set of Manufacturing PMIs. But it’s a cheerier picture for US stock index futures which are noticeably stronger in early trade. Tech stocks are firmer and bond yields are a tad softer, although the 10-year Treasury yield remains above 4.50%. Investors appear to be taking advantage of last month’s pullback across the ‘Magnificent Seven’ to buy in at (slightly) cheaper levels. The question for the next few weeks seems to be whether the recent pickup in bond yields is due to concerns of future inflationary pressures, fanned by Trump’s tariff threats, or for the more benign expectation of stronger economic growth ahead. The US Dollar Index is at a fresh 25-month high, trading around 108.50, and precious metals are managing to rally. But it is the energy sector that may now be poised for a trend change. Front-month WTI is trading within cents of levels last seen in mid-October. Prices have made steady upside progress over the past month and it looks as if crude could be about to break out of its long term downtrend. It’s too early sound the all-clear. Much will depend on the size and shape of the next pullback. But the daily MACD has crossed above the ‘neutral’ line suggesting that momentum is now to the upside. by TradeNation4
WTI for buyBuy WTI at the current price, with a profit at 71.25 73, and a stop loss at .60. Longby Ibrahim1984Updated 449
WTI Oil D1 | Potential bearish reversalWTI oil (USOIL) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 72.17 which is a swing-high resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 73.60 which is a level that sits above a pullback resistance. Take profit is at 69.21 which is a swing-low support. 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. 64% 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. 66% 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.Shortby FXCM4
Bearish reversal?WTI oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support level which has been identified as a pullback support. Pivot: 72.98 1st Support: 71.53 1st Resistance: 75.24 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets3318
US OilUS Oil - Crude Oil Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Change OF Characteristicsby ForexDetective3
Crude Oil at Daily area of Value to SHORTCrude oil at a daily area of value that has been tested and rejected several times. There could be a potential short opportunity that we can look at on the lower time frame 4h. Also when we look at the Daily RSI the RSI line is at the upper band and could potentially react to it. I will be looking to short this on the 4hour or One hour tf Shortby Junmadayag0
USOIL Potential UpsidesHey Traders, in this week we are monitoring USOIL for a buying opportunity around 71 zone, USOIL for a buying opportunity around 71 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 71 support and resistance area. Trade safe, Joe.Longby JoeChampion1111
OIL DOWNTREND TO 66.71Greetings there Traders this is my idea for OIL. As we can see on the chart there is a big uptrend followed by asscending channel after the breakout.We expect a uprising in the channel after testing the current level which suggests that the price will continue to rise. In this chart we can see that the price movement has been in a bullish uptrend possible it will reach the market cap on key level 73.157 if it breaks it will reault in a Sell position. I think it will manage itself to the 66.713 key level as a Target. Trader if you like this idea please like,comment and follow,i will be glad. Thank you Shortby Zaks_ForexRules6
WTI CRUDESmall M shape structure with a bullish rectangle partial decline about to play out. Minimal downside risk here trade the breakout. Thanks!Longby FTSGroup5