USOILUSOIL. Will USOIL get bids from buyers ? As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 78 followed by 82. What you guys think of this idea?by JustTradeSignals2
Will us-oil rise up ?Hi there ! today we will talk about US-OIL trade . As you can see from this chart , oil market crashed due to the conditions in the middle east and after that it has made complex up down movement near about 70.300. As you can see here that oil made fakeout to the downside and made its upward movement as a valid bullish breakout. So this 70.250 zone seems very important for us to join the bullish momentum . So we can buy from here , our stop loss goes below 69.471 and our take profit target can be set at least 4 times profits which is 74.00. Trade carefully and stay with ligand . Shortby AHAD_FX0
Can USOIL Bake For Us A Fresh Higher High?Let me save you the stress of reading long notes that has little or nothing to do with the analysis. It's a simple one, in a bullish trend, as you can see the tight structures on the 1Hr timeframe that signifies the aforementioned, the last created demand zone tend to be a potential trend continuation constituent, although I'd like to see some liquidity being grabbed by the pullback(check 5min TF for a clear view of the trend line), cause it gives me a stronger confirmation that the zone where I have my entry is going to be a positive one. Liquidity (i.e Trend line). Do you think USOIL is still bearish, or probably displaying a strong sell momentum? Feel free to share on the comment section 🤗Longby Samchi017
Possible short term, long trade opportunity in USOILHello together, Oil broke out of a daily downtrend (white solid) and has gone into an ABC correction, market by the 4 hour downtrend line (blue dotted). Price broke also above this and got directly rejected from the 4 hour support & resistance zone (blue bar) to the downside. If price can make it again above this small retest I will enter a long position with a risk reward ratio of 1.5. Stop Loss below the lowest point of the ABC correction. Longby Jens_C2
USOil analysis - 23 Oct 202470.7 acts as an important level today & if price stays above this level then we expect it to hit our target profit at 71.75. If price breaks below 70.7 then it should hit 69.7. Below is our recommendation; Trade 1 (Risk 0.5% of your account size); Buy USOil @ 71.00 Stop Loss @ 70.7 Take Profit @ 71.75 Trade 2 (Risk 1% of your account size); Sell Stop USOil @ 70.7 Stop Loss @ 71 Take Profit @ 69.7 *Total risk is 1.5%, In case Trade 1 hits target profit then Trade 2 order must be deleted.Longby PalmTreeTradingUKUpdated 4
The Best Hedging Strategy For Oil | Creating A Trading SystemThis is how I trade all Markets for income. You can protect capital in various ways, with various risk approaches. I've found that on Markets like oil, this is far more profitable.14:03by WillSebastian226
Market Analysis: WTI Crude Oil Eyes RecoveryMarket Analysis: WTI Crude Oil Eyes Recovery Crude oil is recovering and might rise toward the $73.85 resistance zone. Important Takeaways for Oil Price Analysis Today - Crude oil is recovering losses and trading above the $70.50 support. - There was a break above a connecting bearish trend line with resistance near $70.00 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 found support near the $68.15 zone against the US Dollar. The price formed a base and started a recovery wave above $70.00 and the 50-hour simple moving average. The bulls were able to push the price toward the 50% Fib retracement level of the downward move from the $75.61 swing high to the $68.13 swing low. Besides, there was a break above a connecting bearish trend line with resistance near $70.00. The hourly RSI is near the 70 level, but the price is struggling near $71.85. The next resistance is near the 61.8% Fib retracement level of the downward move from the $75.61 swing high to the $68.13 swing low at $72.75. A clear move above the $72.75 could send the price toward the $73.85 resistance. Any more gains might send the price toward the $75.60 level. Conversely, the price might start a fresh decline from the $71.85 resistance. Immediate support sits near the $70.50 level. The next major support on the WTI crude oil chart is $68.15. If there is a downside break, the price might decline toward $66.00. Any more losses may perhaps open the doors for a move toward the $65.00 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
crude oil long resultscrude oil long targets 1 2 3 4 done all targets done 336% lev x100 67% lev x 20 congratulations followers you have to learn, tireless. You have to make sacrifices to be a good trader: dedicate time, invest money, win some, lose some, invest money to train, you must never be discouraged.You must learn to one day be a winner and financially free. you will love trading with meLongby RODDYTRADING4
WTI Oil H4 | Rising into pullback resistanceWTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 72.90 which is a pullback resistance. Stop loss is at 74.92 which is a level that sits above the 78.6% Fibonacci retracement level and an overlap resistance. Take profit is at 70.63 which is a pullback 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.Short02:39by FXCM1
Bearish reversal off overlap resistance?USO/USD is rising towards the resistance level which is an overlap resistance that is slightly below the 61.8% Fibonacci retracement and could reverse3 from this level to our take profit. Entry: 73.07 Why we like it: There is an overlap resistance level that is slightly below the 61.8% Fibonacci retracement. Stop loss: 74.94 Why we like it: There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement. Take profit: 71.15 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Shortby VantageMarkets3
Falling towards 38.2% Fibonacci support?WTI oil (XTI/USD) is falling towards the pivot which is a pullback support and could bounce to the 61.8% Fibonacci resistance> Pivot: 71.28 1st Support: 69.93 1st Resistance: 73.77 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.Longby ICmarkets5
USOIL: Multi-Timeframe Analysis | Strong Setup FormingI've been looking at various markets recently, and USOIL really stood out to me. I want to share how I analyze markets using a mechanical top-down approach across all timeframes to form my trading bias. Top-Down Analysis: This method is crucial in my trading strategy. It helps me stay objective by focusing on what the market is indicating regarding trends and key levels, rather than letting my personal opinions cloud my judgment. By adopting a systematic approach, I've been able to reduce doubts and fears in my trading decisions. Now, let's dive into the top-down analysis process. 12M: 2W: 6H: Longby Jasminex1x2Updated 227
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 addiv18601
Crude oil long resultsCrude oil long targets 1 2 3 done 295% levx 100 60% levx 20 Congratulations followers you will love trading with me you have to learn, tireless. You have to make sacrifices to be a good trader: dedicate time, invest money, win some, lose some, invest money to train, you must never be discouraged.You must learn to one day be a winner and financially free. you will love trading with meLongby RODDYTRADING1
WTI rebounds to test key resistanceCrude oil prices have rebounded by over 3% so far this week, though risks remain tilted towards the downside following a 9% drop the previous week. WTI crude has now reclaimed the crucial $70.00 level, but still below the broken support $71.50 to $72.50 area, which it was testing at the time of writing. Middle East tensions have slightly stabilized as Israel has so far refrained from attacking Iran and has said it will not target its nuclear facilities. However, the situation remains volatile due to Israel’s ongoing operations in Lebanon, which has reignited concerns about disrupted oil supply. Meanwhile, China's additional stimulus measures, including lending rate cuts, aimed to revive growth, has also helped to support oil prices, but not significantly so. The market is also cautious about a possible Trump victory in the US election, as his policy of boosting oil production could lead to oversupply and further price declines. From a technical standpoint, WTI remains bearish for now. Significant resistance is seen nears $71.50 to $72.50, while the first line of support now comes in near $70.00 and further support level is seen around $68.00. A potential break below $68.00 could trigger a sharp move down to $65.00, which may not be out of the question given concerns over rising global supply and weakening economic conditions. By Fawad Razaqzadaby FOREXcom2
USOIL What Next? BUY! My dear followers, I analysed this chart on USOIL and concluded the following: The market is trading on 68.78 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBullish continuation. Target - 71.64 Safe Stop Loss - 67.44 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 118
usoil swing tradeUSOIL has been in a range the whole year and price broke below the 70 level thus collecting orders. With the tension between Israel and Iran this suppresses supply and creating more demand. I am targeting an 80-85 level by the time the year ends.Longby SWING_WIZARD0
WTI OIL NO recent LL's created. as long as market structure is respected(weekly support) Looking for price action to sweep buy side liquidity and increase the price per barrel to $73 Longby ChampDaBearBully0
WTI OIL Higher Lows held. Strong rebound is expected.WTI Oil (USOIL) is about to complete an Inverse Head and Shoulders (IH&S) pattern whose Head was right above the Higher Lows trend-line. An imminent break above the 4H MA50 (blue trend-line) will confirm the start of the new Bullish Leg towards the Resistance Zone. Our Target remains 78.50. Notice how the 4H RSI has already broken above its Lower Highs trend-line, as it did on the September 09 break-out. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot20
Crude rallies Crude oil recorded an increasingly rare positive session yesterday, and is on course for another as things stand this morning. Front-month WTI is back above $70 per barrel, and trading at its highest level since this time last week. It is probably far too early to call this latest move uncontestably constructive, given this troubled market. But WTI has put in several higher lows and higher highs since dipping under $65 in early September. The front-month contract really needs to get back above $75 for the pattern to look more bullish, and that requires a rally of at least 5% from current levels. While hostilities across the Middle East have not contributed to any supply interruptions, investors remain mindful that Israel has not yet responded to Iran’s missile attack from several weeks ago. Israeli Prime Minister Netanyahu has said that any response would target Iran’s military, rather than the country’s energy or nuclear infrastructure, and that helped to dampen a brief period of buying pressure. The question now is whether this rally has legs, or if it is yet another mild correction which will simply provide sellers a better entry level. Bear in mind, nothing has changed as far as the outlook for demand growth is concerned. China’s economy remains problematic, while the switch to alternatives, not just renewables, but natural gas and nuclear, is ongoing. by TradeNation0
crude oil long resultscrude oil long targets 1 2 done 177% lev x 100 34% levx 20 Congratulations followers for those who want to contact me I will put my tweeter in a few days before the end of the monthLongby RODDYTRADING0
HOW And WHY The Markets MoveIn this video I explain HOW and WHY the markets move. At it's core, trading is a zero-sum game, meaning that nothing is created. There must always be a counter-party to any trade, after all it is called "trading". Because of this, liquidity is the lifeblood of the market and it is what is required by all participants, albeit more for the larger entities out there. In order for these larger entities to trade, they must do so in stages of buying and selling, and not all in one single position like we do as retail traders. They buy on the way down, and sell on the way up, throughout many different time horizons. Therefore, they require price to be delivered efficiently in order to sustain this working machine. I hope you find the video somewhat insightful. Regardless of your beliefs, I think it can be agreed that these two principles are what drives the marketplace and it's movements. - R2FEducation25:32by Road_2_Funded7766