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Usoillong

USOil - Testing New HH - 79.22 USOIL is at a strong support level and this is ready for a good Bullish move. After a big jump with the news earlier today - looking for more moves in the NY session. Definitely be patient and wait for that right entry. Entry I will possibly be taking is around, 78.66 - Looking for the candle to close above that area. Also we are in consolidation right now, and we also have could go further down as well if it closes low at 77.67 but candles will have to close below and wait for that full confirmation of it pushing down. That is why we are being patient and allowing the market to do what it needs to do for the right setup. TVC:USOIL
TVC:USOILLong
by HandsomeGuyde
Crude oil short selling is bound to win The current MACD dead cross shrinkage is gradually consolidating, and the smart indicator STO's hook is repairing upward, which means that the daily line is a shock-biased rebound trend. However, the current candle chart is suppressed by the moving average MA10 and the parabolic turning point, which suppresses the 78.7 line. At the same time, the candle chart also deviates from the moving average MA5 near the 77 line; therefore, there is a certain degree of retracement during the day. In 4 hours, the current macd golden cross is running with heavy volume, and the smart indicator sto has repaired upward and entered the overbought area. Therefore, in 4 hours, the current shock is strong, and in the short term, focus on the moving average MA60 suppressing the 79.3 line. Go short around 78.6-80, stop loss 79.4, target 77.7-4 Go long at 77.4, cover long at 76.9-77, stop loss at 76.3, target 78.5-79.2-80.2
TVC:USOILShort
by Short-term-trading-king
Usoil:Have reached the bottom? As can be seen from the chart, oil has stopped falling, but it is not ruled out that it may go lower again. Today, it did not break through Friday's high of 77.7. Today, it is necessary to observe whether the oil will fall twice. If the decline does not fall below the support range of 75-76, it can be judged that the oil may have reached the short-term bottom. If oil breaks through 78, it can be judged that the chance of reaching the bottom is very high, and there is still room for growth this week. Mine share my thoughts every day, follow me, if my point of view is useful to you, please join me and like and comment
TVC:USOILLong
by UnknownUnicorn64583787
1
USOIL Analysis. i am bullish!Hello Everyone. i want share my idea about USOIL price action. After strong up movement we saw some strong downside movement after touch to weekly resistance, this movement was so strong and it stopped to monthly support where price got good rejection and i think we saw some good reaction from that Level. WE NEED TO BE CAREFULL! The Weekly candle close below of daily resistance, if i will open my position i need movement which strong brake daily resistance with it i will get agree from buyers, then i will try to find good low for open my swing position which i will share in this idea update. If we look it at daily chart price has good trend change signal but in my opinion it need to brake daily resistance and then i will open my position which i think we will see in next week. BE PATIENT!!!
TVC:USOILLong
by elmakacho
Gold crude oil operation sharing After gold fell from 1965 to 1932, it needed a rebound with a wave structure. The target range for the rebound is the 1945-1950 area. 1950 is also the central axis position of this wave of adjustment. For today's idea, we will first rely on the 1950 position to be bearish. Below, the vicinity of 1932 and 1931 is the weekly support. This position is expected to be a game. The support is 1932, the pressure is 1945, 1950, and the strength of the market is 1941. Silver market analysis Recently, silver has also entered a short position. Silver has plunged immediately. Currently, silver still has room to fall. Today’s thinking is based on the bearish trend of 22.10. Silver is currently weaker than gold, and there will be a need to make up for the decline later. Crude oil market analysis Crude oil cannot see a bottom signal, and the weekly line is still very short. The appearance of a cross star and a small positive line on the daily line is a sign of weakness, and it is also a signal of repair. It indicates that crude oil will need to rebound and repair later. The first pressure is to pay attention Near 77.80, go short near this position. The super pressure of this wave is near 80.00. ​ Operation suggestions Gold——Short around 1950, target 1940-1931, Silver——Short around 22.10, target 21.50-21.00 Crude oil——Short around 77.80, target 76.50-76.00
OANDA:XAUUSDShort
by Short-term-trading-king
$CL1! / $USOIL LongsHi, today i will bring you an idea of a USOIL Long Setup, in this case i'm using basic concepts, considering the war of Israel vs Palestine too, i'm searching for longs since we will have an IRL>ERL Cycle as we had in LTF, which is where we took the Weekly FVG on OTE and then went for OTE again and reacted to the OB, now i expect us to take the pending Daily FVG and then make a pullback to the last Sell Side Liquidity Zone using it as a Breaker to strengthen our move straight to Half of the Monthly BISI where we will enter in longs.
NYMEX:CL1!Long
by zeratrading
Thursday: Crude oil operation sharing In terms of crude oil, oil prices have fallen sharply for two consecutive days. When doing crude oil, you must follow the trend. The focus today is whether 75 can be held. If it holds 75, it may rebound to around 77. Yesterday, it was blocked from 77.1-3 many times and fell back. Today is the best opportunity to go short. If it falls below 75, the decline will accelerate to the 73.8-74 line. If it reaches the first time, you can consider taking a long order. Operation suggestions: Crude oil rebounds 77.1-3 short, defense 78, target 76.2-75.2 Go long 73.8-74, defend 73.2, target 75-76-77
TVC:USOILShort
by Short-term-trading-king
1
Crude oil operation sharing Crude oil prices broke low again before the U.S. market. The daily K-line is bearish and engulfing the market. The real-time price is running below the lower track of the daily Bollinger Bands. Yesterday, all joint support nodes declared defensive failure. This is a carnival for shorts. Taking advantage of the trend, shorting at high levels will be more safe. Technically, the 4-hour lower track develops downward to the 75.8 line, and the error band indicator extends to the 75.5 position. This is considered the first defensive point of the US market. If it breaks the 75 mark, it may directly accelerate the decline to test the weekly standard error band. The indicator is at the mid-track 73 mark. In terms of resistance, focus on the 4-hour MA5 moving average suppression point of 76.8 and the intraday high of 77.5. Crude oil operation: Short selling in batches from 76.8-77.3, stop loss at 77.8, target 76.0-75.5,
TVC:USOILShort
by Short-term-trading-king
The key to crude oil is here! In terms of crude oil, Saudi Aramco said that the current production capacity increase is progressing smoothly. At the same time, crude oil production in Iran and other crude oil-producing countries has also rebounded to varying degrees. At the same time, there are reports that future crude oil demand is expected to decline. Both ends of supply and demand have put sufficient pressure on crude oil, coupled with the hawkish Federal Reserve. From the currency point of view, crude oil has continued to weaken recently. It broke out in the last trading day. It once fell below the 80 mark, accelerated below the previous low support near 79, and fell back to around 76.5 with inertia. It stopped falling slightly and reversed. In the short term, there is a high probability of weakness. It will continue. At the top, focus on the pressure level near 79, which is gradually moving downwards. The rebound will continue to go short. At the bottom, focus on the strong support of 74.4/73.8. Crude oil counter-draws 78.4/5 to go short, defends 79.2, and targets below 77. It retreats to long positions near 74.7/8, defends 74, and targets above 76.
TVC:USOILShort
by Short-term-trading-king
Crude oil latest trading strategy Crude oil continues to sweep, and it is also a time cycle. The direction determined by the US market has the best continuity. It accelerates when it starts, and the range is around 25-30 US dollars. The current price has formed a range similar to an open trumpet, with upper rail resistance 83.7-83.9 and lower rail support 79.0-78.8 So, for today's crude oil, we need to continue to pay attention to the opening range form and conduct sweeps. If the bottom touches the support 79.0-78.8 area, you can participate in a long order. Watch the price form a support to rise again and move around the range sweeps. Referring to this idea, when the European market price is under pressure and falls below the low Crude oil is long in the 79.1-78.9 area, with a stop loss of 78.4 and a target of 80.4-80.8
TVC:USOILLong
by Short-term-trading-king
1
US Crude OIL 4H :Got a positive momentumUS Crude Oil New forecast The price perfectly fulfills my last idea and price reached to our first target +70 pip. The price of oil rose and the channel resistance remained above it, showing more upward bias and heading towards achieving more expected gains during the coming sessions, waiting to test the 83.24 level initially. Therefore, the bullish bias will be likely for today, noting that breaching level 83.24 will extend the bullish wave to reach areas of 84.86 and 85.71 as the next main stations, keeping in mind that failure to consolidate above 82.00 will put the price under negative pressure again. The expected trading range for today is between support 82.00 and resistance 84.86until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . Additionally ,Today News will affect the market . support line : 82.00 , 80.56 resistance line : 83.24 , 84.86 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOILLong
by Arazmajeed
1
USOIL: The overall direction is a volatile trend After yesterday's pullback, crude oil continued to rise today to near the pressure level of 83.2, peaking at 83.4, we are trading in this range, and the profit is very good! At present, the price of crude oil is around 82.2, if you can continue to do more after encountering support, in the short term, crude oil is a volatile trend, must grasp the direction of the range before trading! If you are confused about trading, please join me, I believe you will have a great harvest!
TVC:USOILLong
by HectorBrown1
1
USOIL TRADE IDEA Long (31/10/2023)On the weekly timeframe, USOIL has already reversed into a buy, breaking significant structures. I believe it'll keep seeking out buys. The daily time frame confirms that too - with current weakness showing in order to gather liquidity to complete the long move. In terms of where it'll react from - that depends on the structure it breaks. If it breaks (Likely and best situation) POI 1, then expect it to return to POI 2 and to react off of there. I expect price to return to POI 2 because using the Fib tool, you shouldn't be looking for trades at 50%, rather around 60-75% or the inverse 0-25/35%. Target profit 1: 93.75 Target profit 2: 101 NOTE: This is not financial advice, please do your own research and be aware that any risks are being taken solely by you, the individual.
TVC:USOILLong
by saintprincevvs
USOIL: This week's summary and next week's trading ideas The deteriorating outlook in Europe has left oil traders wondering whether global oil demand will remain resilient next year. On the other hand, the US third quarter GDP data exceeded expectations and continued to deliver strong economic growth. A higher dollar and an uncertain economic outlook seem to be haunting oil. Oil prices rose on Friday on fears that tensions between Israel and Gaza could spill over into a wider conflict that could disrupt global crude supplies. U.S. West Texas Intermediate (WTI) crude rose $2.33 a barrel, or 2.8 percent, to settle at $85.54 a barrel. "From a macro perspective, global supply is tight relative to demand, which is the result of general underinvestment across the industry after the pandemic, so spare capacity today is limited and prices will move with demand because there is not a lot of short-term capacity that can come to market," Darren, CEO of ExxonMobil Oil, said in an interview. So as long as the market stays tight, you're going to see more volatility and higher prices. On the whole, crude oil next Monday's opening operation is suggested to retreat to do more on the dips! If you are confused about trading, please join me, I believe you will have a great harvest!
TVC:USOILLong
by HectorBrown1
The 1. Chapter of WTI.Oil - Highly flammableTwo scenarios. One Long. One Short. Fundamentals: - Scenario 1 (Orange arrow) Target: Next resistance level (upper red rectangle ). Recent swing top. Requirments: - Monthly close above the orange rectangle. - Higher swings above it Invalidation / SL: - Fall under orange rectangle AND generating lower swings. Time duration: days, weeks, months, years... ;) Scenario 2 (blue arrow) Target: Next support level Requirments: - break under orange rectangle - break under 50% fib Invalidation / SL: - Break above orange rectangle - No Break under 50% Fib Time duration: days, weeks, months, years... ;) Good luck
TVC:USOIL
by a_tale_of_bulls_and_bears
USOIL (WTI) BUYING ON DIPS HELLO TRADERS,,, As i can see this chart of USOIL it is moving same as we had predicted in our previous analysis Israeli & Gaza War Tensions are driving Gold and Oil prices in bullish trend and we can see a Wyckoff Pattern on the base of technical view the support is holding the price of oil and i am expecting it will boost to the upside for completing this technical pattern... History will repeat, like the 1973-1974 war, where all the Arab countries stopped the supply of OIL. Can we see the same thing in 2023-2024 as war is at its peak? If the same happens, the OIL price will shoot to 120-130 barrels directly . this is just an trade idea with Technically + Fundamentally view Kindly share Ur thoughts on US OIL so it will help alote traders community we appreciate Ur love and support Stay tuned for more updates
TVC:USOILLong
by APEX_TRADING_ACADMEY