Get started

Oil

USOIL 78.31 -1.59 % AHEAD OF THE CRUDE INVENTORIES HELLO TRADERS Hope everyone is doing great 📌 A look at USOIL from MULTI TIME-FRAME ANALYSIS 🎯 CRUDE OIL INVENTORIES TOMORROW - 7th Aug release was more than expected which meant weaker demand and was bearish for crude prices. The same can be said if tomorrow a decline in inventories is less than expected. USOIL 4H TF * Friday & monday where strongly bullish but tues came with change in delivery as we see strong bearish move. * The weekly & daily TF are still range bound . * USOIL took External range LQ & price will delive from the -FVG above. * We are trading in premium of the move, This is where I would be looking for short entries. * With PO3 looking to open bullish (fri & monday) to confirm a move Lower into +FVG on USOIL. USOIL 1H TF * Looking for the hourly to open Bullish into the 4h FVG because our HTF BIAS (PO3) . * We will see what does the market dish. * On the 4 hourly IRL > ERL. - LOWER TF * ANALYSED IN REAL TIME HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
TVC:USOILShort
by PULEMokhothu
4
USOIL 77.00 +1.28% SHORT SENTIMENT MTF ANALYSISHELLO TRADERS Hope everyone is doing great 📌 A look at USOIL from HTF - MULTI TIME-FRAME ANALYSIS USOIL DAILY TF * Wednesday saw strong bullish momentum coming into play, with Thur & Fri cont. this move. * The weekly & daily TF show we are still trading in a range on the USOIL. * USOIL took External range LQ, looking for that internal range LQ to be taken. * We are trading in discount of the move,This is where I would be looking for long entries. * With PO3 looking to open bullish this week to confirm a move Lower into +FVG on USOIL. USOIL 4H TF * Looking for the week to open Bullish into the 4h FVG because our HTF BIAS (PO3) . * WEEK open I will probably be looking for short positions OPPORTUNITIES. * We will see what does the market dish. * On the 4 hourly ERL > IRL. USOIL 1H TF * We saw a rally with the bulls, strong momentum to the upside. * The is a 1H FVG, this is where i would look for short entries this week. * Should this PD ARRAY hold will be short for the USOIL * BASED on the price action served this week. HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
TVC:USOILShort
by PULEMokhothu
4
Market Analysis: Oil Prices Aim For Further GainsMarket Analysis: Oil Prices Aim For Further Gains Crude oil prices are gaining bullish momentum and might even test $80.00. Important Takeaways for Oil Price Analysis Today - Crude oil prices extended gains above the $75.70 and $76.40 resistance levels. - There is a connecting bearish trend line forming with resistance at $77.10 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price started a fresh upward move from $75.70 against the US Dollar. The price gained bullish momentum after it broke the $76.40 resistance. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $78.58 swing high to the $75.69 low. The price even climbed above the 50-hour simple moving average. It tested the $77.10 resistance zone and a connecting bearish trend line. The trend line is close to the 50% Fib retracement level of the downward move from the $78.58 swing high to the $75.69 low. The RSI is now near the 50 level and the price could aim for more gains. If the price climbs higher again, it could face resistance near $77.10. The next major resistance is near the $77.60 level. Any more gains might send the price toward the $78.55 level or even $80.00. Conversely, the price might correct gains and test the $76.40 level. The next major support on the WTI crude oil chart is near the $75.70 zone, below which the price could test the $74.90 zone. If there is a downside break, the price might decline toward $74.20. Any more losses may perhaps open the doors for a move toward the $73.50 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.
FXOPEN:XTIUSD
by FXOpen
3
WTI Oil H4 | Falling to pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 77.08 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 75.50 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at 79.82 which is a pullback resistance. 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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.
FX:USOILLong
by FXCM
Oil: Keep buying. Wait until it reaches a high and then go short. For a month, I used the correct trading signals as a reference. This is what everyone can see. There is no mistake in the operation. I want to post my views here to save those who continue to lose money. Or those who don’t know how to trade or don’t make any profit. I just use my expertise. If you keep losing money, leave me a message. Even if you are a novice. Follow me and you can see the changes in your balance in a very short time.
TVC:USOILLong
by Eddy_Wealth
USoil: Oil prices will continue to rebound this week.Oil is about to form an oversold rebound situation, and the target this week is expected to be above 74. The current price is around 72.2. The USoil quote on tradingview is used as the basis. Investors with large amounts of funds can buy in advance. If your trading continues to lose money. Or the profit is not ideal. Remember to refer to my trading instructions or follow me. Prevent further losses. NYMEX:CL1! MCX:CRUDEOIL1! NYMEX:MCL1! MATBAROFEX:WTI1!
TVC:USOILLong
by Eddy_Wealth
USOIL Will Go Down! Short! Please, check our technical outlook for USOIL. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 77.44. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 75.87 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TVC:USOILShort
by SignalProvider
1
WTI OIL Short-term pullback possible but doesnt change the trendLast week (August 06, see chart below), we made a strong bullish case on WTI Crude Oil (USOIL) and why on the 1M time-frame, the long-term target is $110.00, a symmetric approach on the 10-year Super Cycles: Today we shift back to the shorter term 1D time-frame, as the price went from $73.00 to $80.00 within a week, and we are looking for potential pull-backs. Short-term corrections on medium-term Channel Ups have been common in the past 1.5 year and are displayed by the red ellipse patterns. Yesterday's rejection took place on the 1D MA100 (green trend-line), which is something that also took place on January 29 2024. Assuming that a new Channel Up will emerge, we expect it to reach at least the 1.5 Fibonacci extension at $91.50, similar to the April 05 2024 High. There are numerous Resistance levels involved this time however, with the strongest being the Lower Highs trend-line that started after the September 28 2023 High. As a result caution is advised once the price approaches that level. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:USOILLong
by TradingShot
OIL: inside day, first red day, 3 days pump and dumpHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day ✅ First Green Day 3 Days Long Breakout 3 Days Short Breakout Inside Day ✅ 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: secondary, the inside day can give either a reversal or trend continuation setup, depending on how it sets up. It's just broken out, eventually it will consolidate till 10:30am MRN, I would be willing to take a reversal LOD back to the HOD of the inside day. Short: primary, potential weekly pump and dump, price currently on the backside move. Not really the 3 session setup I like to trade, but space enough to take a good RR short trade. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
PEPPERSTONE:SPOTCRUDEShort
by GianniPichichero
WTI Oil H4 | Bullish uptrend to resume?WTI oil (USOIL) has bounced off a pullback support and could potentially climb higher from here. Buy entry is at 78.66 which is a pullback support. Stop loss is at 77.90 which is a level that lies underneath a pullback support. Take profit is at 82.01 which is a pullback resistance. 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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.
FX:USOILLong
by FXCM
2024-08-13 - priceactiontds - daily update - oilGood Evening and I hope you are well. tl;dr Oil - Bears showed signs of life, rejecting 80 with decent selling. Still an inside bar to Monday and bulls bought it at the bull trend line. Below 78 bears start hoping again, but it’s more reasonable to expect more upside. At the very least a retest of 80 and if bears are strong, they try to keep that resistance. comment: Expected pullback by the bears and bulls bought the bull trend line. Everything in order so far, retest of 80 is expected. If bulls are strong, we will break above for 81 or 82. Below 77.6 bears could get hopeful and again but I doubt it. Daily ema is at 77.2, so that would be their first target. current market cycle: trading range (triangle) key levels: 77 - 82 bull case: Bulls tried twice at 80.15 and then mostly stepped aside after bears increased the selling pressure on bar 37/38. They bought the bull trend line and want a retest of 80 from here. If they fail to keep it above the bull trend line and 77.6, they risk that 80 was a lower high and bears might try to sell down to 72 again. Since Monday was so strong, more upside is the higher probability outcome over the next days. Invalidation is below 78.6. bear case: Bears generated decent selling pressure and retest the bull trend line. I don’t think they want to fight hard for 79 and will try to keep it below 80 again. If they would manage to break below the bull trend line, their next target would be the daily ema at 77.2. Invalidation is above 79. short term: Bullish above 78.8 for retest of 80. Bearish below 77.6 for more downside. medium-long term: We are seeing the big triangle playing out between 72 and 82/84. The high of the triangle got tested until mid of April and we have now tested the lows around 72.5. We are at the bear trend line and odds favor the bears if they stay below 86.27 for trading back down below 76 again. Update: If we break below 70.67, the triangle is dead and we need to find new support. Will update this again when it happens. current swing trade: None trade of the day: Sell below bar 37. Can take most off at the double bottom bar 50 + 54 and exit runner once the market reached the bull trend line and refused to trade below it.
NYMEX:MCL1!Long
by priceactiontds
USOIL ( BREAKOUT LAST SUPPLY ZONE ) ( 4H )USOIL HELLO TRADERS after breakout last supply zone , the price stabilizing up trading , on the Friday price can be breaking supply zone and starting a rising , currently it will be attempt to reach a next supply zone around 78.56 . Tendency , after price breaking a supply zone , currently price is under upward pressure . Upward Zone : currently price trying to reach a resistance level (1) at 78.56 , possibly of the price retest a turning level at 76.37 before rising , breaking resistance level (1) with remain this level it continues the upward trend to touch resistance zone between 81.02 and 83.53 . Downward Zone: by breaking turning level with closing 4h candle below it , the price decline to reach support level (1) 74.76 , after remain below this level we see a downward trend to reach a regions 71.80 and 69.64 . CORRECTIVE : currently price it will be attempt for retest to reach a turning level at 76.37 before to see upward trend . TARGET LEVEL : RESISTANCE LEVEL : 78.56 ,81.02 , 83.53 . SUPPORT LEVEL : 74.76, 71.80 , 69.64 .
TVC:USOILLong
by ArinaKarayi
WTI successfully rebounded for 5 consecutive trading days Oil prices, which had hit their lowest due to concerns about a slowdown in the US manufacturing economy and job market, stopped falling and rose for five consecutive trading days. As the US labor market shows signs of recovery, concerns related to the US economic outlook have diminished, and worsening geopolitical concerns in the Middle East are also putting upward pressure on oil prices. In particular, the rebound in US Initial Jobless Claims has somewhat diluted concerns about a decline in oil demand. Last week, Weekly Jobless Claims reached 233K, down 17,000 from the previous week and below market expectations of 241K. In addition, China's July CPI, which exceeded expectations, also helped improve the recent market mood. China's National Bureau of Statistics announced that the CPI rose 0.5% in July, showing an upward trend for the sixth consecutive month, raising expectations of increased Chinese oil demand. USOIL reached a bottom of 71.20 and rose for five consecutive trading days, rebounding to the 79.00 level. The price has formed a descending channel since early July, but the recent rebound quickly breached the channel’s upper bound. Moreover, EMA21 has golden-crossed EMA78, sending a typical bullish signal. If USOIL sustains the current uptrend and breaches the 79.70 resistance, the price may gain upward momentum toward the 81.70 level. Conversely, if USOIL fails to hold above the 78.00 support, the price could fall further to the 76.50 level.
BLACKBULL:USOIL.F
by inkicho_exness