Usoil SellRegrretion Trend channel in clear view touch 70 , paralal pattern, save money Shortby bharatjadhav1918226
USOIL - Bullish OutlookUSOIL Bullish trend continuation forming CUP and Handle with Bullish divergence. Trade Plan: BUY at Neckline Break-Out: 76.30 TP1: 78.8 TP2: 81.2 SL: 73.8 Projection: 80.61 Longby adnanfx145
Market Analysis: WTI Crude Oil Price Target Additional GainsMarket Analysis: WTI Crude Oil Price Target Additional Gains WTI Crude oil prices are gaining bullish momentum and might even test $78.00. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI Crude oil prices extended gains above the $72.40 and $73.50 resistance levels. - There was a move above a connecting bearish trend line with resistance at $72.75 on the hourly chart of XTI/USD at FXOpen. WTI Crude Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price started a fresh upward move from $71.15 against the US Dollar. The price gained bullish momentum after it broke the $72.40 resistance. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $77.89 swing high to the $71.16 low. Besides, there was a move above a connecting bearish trend line with resistance at $72.75. The price even climbed above the 50-hour simple moving average. It tested the $75.30 resistance zone and the 61.8% Fib retracement level of the downward move from the $77.89 swing high to the $71.16 low. The RSI is now near the 60 level and the price could aim for more gains. If the price climbs higher again, it could face resistance near $76.30. The next major resistance is near the $77.90 level. Any more gains might send the price toward the $79.50 level or even $80.00. Conversely, the price might correct gains and test the $73.50 level. The next major support on the WTI crude oil chart is near the $72.40 zone, below which the price could test the $71.15 zone. If there is a downside break, the price might decline toward $70.00. Any more losses may perhaps open the doors for a move toward the $68.50 support zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen229
US oil creating bullish momentum on 4H Not stop entry Wait for little consolidation, wicks or bullish momentum candle at entry SL are below from golden ratio and take less risk by putting SL below the momentum candle Actually we miss the trade but mark alert maybe market retest and you get the trade Longby snail_steps3
WTI Bullish Outlook Awaits 1Y Pivot ConfirmationHello, BLACKBULL:WTI appears to be positioning itself for continued bullish momentum, though confirmation above the 1-year pivot point is still required. TradeWithTheTrend3344 by TradeWithTheTrend33443
2024-10-02 USOILThis week, we will continue to focus on buying low crude oil. Goal 74.4by adolphsUpdated 6
CRUDE OIL TO HIT $160?! (UPDATE)Oil prices are still up & buyers are holding strongly! On the smaller TF we saw price dip a little lower in the past 4 days. For those who aren't in buy's already, you should have used this dip to get into Oil at a cheaper price. Bare in mind prices are still dirt cheap right now, so take advantage before it's too late. GET INTO LONG TERM OIL POSITIONS NOW!Longby BA_Investments11
Oil sellWe can see oil have had a rally upwards now as we can see it has reached over its H4 resistance level we will wait for price action candle and then we will ne shorting oil from our Resistance level to support level Shortby Wakeel_Saab3
WTI CRUDE OIL: Turned bullish again after the 1D MA50 rebound.WTI Crude Oil turned bullish again on its 1D technical outlook (RSI = 59.281, MACD = 0.570, ADX = 33.404) as even though it breached through the 1D MA50 yesterday intraday, it managed to close the day over it and extend today with a green candle. It was not ideal that the rejection on Tuesday took place on the 1D MA200 but yesterday's 1D MA50 rebound has restored the bullish sentiment. We turn bullish again (TP = 80.00) all the way to the one year LH trendline and the 0.786 Fib. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope15
Holding WTI buys. H4. 10.10.2024🛢 Holding WTI buys On oil in a private channel gave a zone for buying at 72.20. I myself bought a little higher at 72.50, but the accuracy is small, but the result is already there. I will hold the buy until the take profit at 80 with intermediate fixation of 50% at 78. If there will be another escalation of the conflict between Israel and Lebanon on the weekend, as well as natural cataclysms in the USA, it will be a positive signal for oil, as it will prevent the delivery of oil products. So buy hold and squeeze with private channel subscribers with it profit to the fullest. BLACKBULL:WTI Longby KovachTrader4
TP REACHED ON USOILEarlier today I posted to buy on USOIL and now the market have reached out TP. Follow for more daily trades!Longby YassineAnalysis2
USOILUSOIL is in bullish trend. Potentially printing HH and HL. NO sign of reversal here. we buy at CMP.Longby Naqash913
USOIL Rallies, Tensions Rise, Could Price Soar More??Here I have TVC:USOIL on the Daily Chart! Starting with Technical, we can see Price has formed a Double Bottom at a Support Area that's kept Price afloat for quite some years now, but was last visited and acted as Support for Price back in the Spring of 2023! Price has Broke the Confirmation of Pattern @ $72.36 and is now Breaking the Local Falling Resistance from prior July & August 2024 Highs. Regardless, Price Action has Broken Structure and created Higher Highs and Lows, confirming Uptrend, starting with the Higher Low of the Double Bottom on Oct. 1! - Currently we want to see this Bullish Rally continue Breaking Above the Falling Resistance and staying above the ( $71 - $72 ) Range that Price has been interacting with Signaling Bulls in fact are in control, then for a Test of the Break of Confirmation of Pattern and Test of the Break of Local Falling Resistance! * Once successful, we will see Price rise to the next Falling Resistance created from the Highs of Sept. 2023 & Apr. 2024! - Massive Bullish Volume enters on the 2nd Low of the Double Bottom on Oct. 1 - Price on RSI is Above 50 with the Break of the Confirmation of Pattern Now Fundamental, the biggest factor that seems to be at play for TVC:USOIL is all the Geo-political confrontation stirring up. Not only is the Russia/Ukraine war still ongoing, the tensions between Israel/Iran are seeing massive implications across the board! - Oct. 1 being the beginning of the Iran missile attacks on Israel www.tradingview.com - Now worries arise that Iran's Oil Facilities may be in danger as a possible Retaliatory Israeli Strike Target! With Iran eyeing Israel's Energy Infrastructure, Power Plants, Refineries and Gas Fields! www.tradingview.com * Oct. 7th is the Year Anniversary to the Israel/Hamas conflict and suspicions arise that we could be looking at things intensifying further! Longby Novi_FibonacciUpdated 9
BUY USOILYou can buy CL, US OIL, CRUDE OIL and set your TP and SL as on the chart Follow for more!Longby YassineAnalysis2
USOIL BEST PLACE TO SELL FROM|SHORT Hello, Friends! The BB upper band is nearby so USOIL is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 71.85. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals112
Usoil just broke structureUsoil gave us a nice pull back last week forming a potential bull flag. With the break of this structural level of resistance USoil may continue the uptrend. Long01:55by TKProphet4
Continue to short crude oilWTI crude oil was trading around $73.35 on Wednesday. WTI crude oil prices fell slightly on reports that Hezbollah and Israel may cease fire. However, concerns about possible attacks on Iran's oil infrastructure may limit its downside. From the daily chart level, the medium-term trend of crude oil is that the price crosses the moving average system, and the original medium-term objective trend changes downward to a conversion rhythm, and the bullish momentum is strong. From the subjective trend, the current trend is still in the secondary rhythm adjustment range. According to the law of alternation between primary and secondary, the subjective trend still maintains a downward rhythm. Pay attention to the medium-term key resistance of 78.40. If it breaks through, the medium-term trend will end the decline and gradually enter the rising rhythm. The short-term (1H) trend of crude oil has turned to a downward trend. The oil price crosses the moving average system, and the moving average system has not yet formed a divergent downward arrangement. The short-term objective trend is in a conversion rhythm. In the morning, the oil price fluctuated narrowly around 74, and the bearish momentum was more dominant. Looking at the 4-hour level, the oil price is just supported by the 55-day moving average, and the support effectiveness is high, and the short-term objective trend within the week is still bullish. It is expected that the short-term trend of crude oil will rebound upwards, and the overall trend will be mainly consolidation within the range. Today: Long at 73.80, stop loss: 72.90, target 76.00.Shortby q1620q16202
Hellena | Oil (4H): Short to support area at 72.299.Well, colleagues, the price did not stop and continued its upward movement. At the moment, I understand that the price should turn around and start the long-awaited continuation of the downward movement. I believe that wave 2 should end in the area of 79.338 or it has already ended and the downward movement has already started. In any case, I see the first target is the support area at 72.299. This scenario will be canceled by reaching the level of 84.601, as this is the top of the wave “2” of the higher order, which means that the wave movement needs to be reconsidered. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Shortby Hellena_TradeUpdated 131339
USOIL 10/10/24💡 Outlook: USOIL is currently under the 10/20 emas and needs to show some conviction above the emas before I take interest on this market. NEEDS TIME! Bias: Neutral, needs time to show conviction on the 5hr. On the sidelines until it shows me it wants to go up!by angelvalentinx5
USOILWhat’s Happening with Oil? 🛢️ OPEC+ is maintaining production cuts, which limits supply. Additionally, tensions in the Middle East are causing fears of supply disruptions. Meanwhile, demand in the U.S. remains strong. 📊 In the chart, we can see how oil had a strong upward movement of 16% in just 12 days, then took a breather at its support, which is around its current price. It’s actually healthy for it to pull back a bit, which could set the stage for another rally. 🧐 Here’s a quick summary: In the options expiring in 30 days, we have something interesting! 📈 Calls vs. Puts There’s more interest in calls 318,401 than in puts 228,939, suggesting that most traders expect prices to rise. The P/C ratio of 0.72 tells us the sentiment is positive. But watch out! In the short term, more calls are also being traded, with a volume of 72,197 compared to 39,923 puts. This reinforces the idea that optimism is in the air. 🎯 Key Strikes The 100 strike is full of calls, with 19,403 open contracts. Nobody expects any drops here! 🚀 At the lower strikes like 55, 60, and 65, puts dominate, suggesting that some traders are hedging in case the market drops. 👍 In summary, the market seems optimistic, but some are already taking precautions in case things get tricky. What do you think? by Mariofxtr3
USOIL SELL TRADE The 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.Shortby Mansa_Musa_Capital3
CRUDE OIL SHOWING STRENGTH EXPANDING TRIANGLE CORRECTIONSCrude Oil corrections! N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #usoil #crudeoil #wti #brentoilLongby BullBearMkt4
usoilusoil is going up after double bottom and retest of neckline we are seeing upswing. oil will see a significant boost .00:43by Shavyfxhub1