Oil Markets - Ranging Markets And How To Trade ThemWe have seen falls off from previous lower highs taking us down to key support. The ranging markets (lower highs, higher lows) presents a case for further longs. Here's how to trade ranges.05:01by WillSebastianUpdated 4
USOIL SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! We are going long on the USOIL with the target of 78.81 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 118
Heading into 38.2% Fibonacci resistance?WTI oil (XTI/USD) is rising towards the pivot and could reverse to the pullback support. Pivot: 75.95 1st Support: 72.88 1st Resistance: 77.55 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 ICmarketsPublished 8
WTI Bear Trap SetLook at VSA. It has been printing with lower volume. There is no interest with institutional buyers presently to sell. A Bear Trap looks to be set at the Demand Zone. The Target for a correction is the measures of Central Price. by UmlingoPublished 2
Crude Oil (XTIUSD) Make or Break LevelAs per my analysis WTI Crude Oil is at make or break level. 72.47 is now a trend live of 3 month candle low, if it breaks then we can expect for more downside up to 68.40. If price sustained and take support from 72.47 the we can see upside move to 82.08. Note: This is my personal analysis, only to learn stock/commodity market behavior. Kindly do your analysis/ research to take any trade. Thanks & Regards.by thetradeterminalPublished 1
Saudi wants production cuts, America doesn'tAlthough everyone is cutting down production, even SHELL, we are seeing the narrative of higher prices for longer. OPEC wants to cut beginning October 2024 until 25. This might be for a multitude of reasons, which makes it quite unclear what the goal is. After falling demand and easing in production, my narrative is that we might see prices fall instead of rise, even though we are trying to limit supply, I think markets are going to want to lower prices as energy scarcity becomes vulnerable and volatility will rise. Geopolitical risks has not eased. US SPR is lower than a quarter of its peak in 2021. My bet of dropping prices lies on that. As well as Trump having 70% chance of coming into office, I expect a welcoming gift from MBS giving us discounts on gas!Shortby OsmanomicsPublished 4
oil H4 want test ema50?there is have fvg bullish at h4 and h1, target retest ema50 at h4by mshukri7971Updated 111
NEXT EARNING OIL TARGET SELL TO REGRESSION LINE BELOWSince earning 30july 2024, also indicator already shown exit entry and middle regression line break this will target is next test is below regression lineby mshukri7971Updated 6
USOIL Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Longby ShahedZarePublished 6
USOIL: Market of Buyers Balance of buyers and sellers on the USOIL pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignalsPublished 114
WTI--------bearishthere is before divergence and trend is making lower low and lower highShortby ali11002Published 0
USOIL LONG USoil price is currently at Demand area price is stuck in triangle which could possibly indicate price to go up again from this level COT shows commercials slightly buying seasonality show that buying is coming up this month Trade safe Longby AlhalawiPublished 2
USOIL TRADE SETUPWait for retest the entry level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumonPublished 5
gold,gbpusd,eurusd,usdjpy, nvida ETC weekly forecast hi traders here we share with you some of pairs forecast.14:14by FOREX_HIGHTPublished 0
Oil_Crude (WTI)CORRECTION on previous/last published idea on WTI (15m): Strong SUPPORT level on 4 June 2024 at 72.743. Support, not resistance. Will the support hold now? That's what is happening.Longby Vincent_CatchMoneyMagnetPublished 3
Oil_Crude (WTI)"Trade what's happening...not what you think is gonna happen." Doug Gregory A bigger pattern of head and shoulders is forming in the 1D chart. Shoulder 1 closed at 79.625. Previous strong resistance on 4 June 2024 at 72.743 Is this resistance going to hold or not? That's what is happening. Longby Vincent_CatchMoneyMagnetUpdated 5
USOIL The Target Is UP! BUY! My dear followers, This is my opinion on the USOIL next move: The asset is approaching an important pivot point 74.11 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 - 75.64 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsPublished 1112
Us oil will go up next week Usoil will go up on 4hrs Timeframe following a successful downtime to the support zone. Look for a buy entry next week. And don't forget to place your stop loss. Trade safely. See you at the top!Longby maillisraelPublished 1110
WTIIm looking to this structure. Trade carefuly. Looking for sell. Im waiting.Shortby ewtradersbhPublished 222
CRUDE OIL Bullish Rebound Ahead! Buy! Hello,Traders! CRUDE OIL went down and The price will soon hit a Horizontal support of 72.50$ From where we will be expecting A local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignalsPublished 116
wti elliott waveThe BD trendline is breaking on the West Texas Oil chart. By penetrating to this level, oil prices are expected to enter a downward wave and fall rapidlyShortby mahdi99mirzaiePublished 4
West Texas Oil / Problems in the Middle East?Hey traders We have oil here at critical zone will it break up or down?, a big pullback on middle east worries, I think things will calm down, and possibly we will get another leg drop, so I will be selling oil back down. Please like comment and follow cheers This chart material is for education purposes only / Demo account should be traded only.Shortby Costy13Updated 101016
Oil_Crude (WTI)Buying the deep Steep downtrend Momentum is usually short-term.Longby Vincent_CatchMoneyMagnetPublished 6