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Usoilanalysis

US CRUDE OIL 4H : Support further rise up US CRUDE OIL New forecast The price of oil is finding it difficult to continue rising, showing some bearish tendency and approaching the $76.00 barrier. We believe that opportunities are available to resume the expected upward trend in the immediate term, whose next target is at 77.00, 78.00. Therefore the upward scenario will be more likely during coming period ,While the 50 moving average provides support for the price from below, keeping in mind that breaking 76.00 and holding below it will stop the expected rise and put pressure on the price to make some downward correction before returning to the rise again. The expected trading range for today is between support 75.06 and resistance 78.97 until stabilized . support line : 76.00 , 75.06 resistance line : 77.06 , 78.00 Attention : We don't have any group in telegram be careful about scammer. 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
6
USOIL Sell Setup🚨 Crude Oil #WTI 🗓️ Date: 12 February, 2024 ⏰ Timeframe: Daily 💡 Given in the chart – ♦️ Green (long term support) = 67.50 ♦️ Red (resistance) = 78.85 The price has been in the range (red color) on the chart since December last year. Price touched this range several times but failed to deliver a breakout. As long as this range remains active, the potential trend will be neutral. ✅ Those who like to trade in Crude Oil, please take Buy position near the support level of the range and Sell position near the resistance level. That is, bounce trading strategy ✅ As long as the price is not able to break this range, you can accept entries according to this pattern. 🚫 Remember, while staying within the range, no Buy/Sell entry can be taken in intermediate positions. Either let the price approach the resistance level or the support level, then take a reversal entry.
FX:USOILShort
by GreenFxTrading
OIL BULLISH MORE !!HELLO FRIENDS!! As I can see USOIL is now trading above the uptrend line and it will be more bullish because of Asian Demand and War in Middle East Technically also it showing us clear view that it is holding above the support level and trading in bullish trend after a small reversal we expecting more buys in USOIL Trade As you can see our pervious entry on USOIL is preforming great job chart is attached in comment and we are loading more bags on this after a little Dip Friends Geopolitical Issue vs Supply & Demand is a clear view for Oil Prices It's just a trade Idea share Ur thoughts with us it help many other traders Stay Tuned for more updates.
TVC:USOILLong
by APEX_TRADING_ACADMEY
USOIL will retrace back up (lower time frame) Pure technical analysis. After a fairly strong bearish movement on Thursday and Friday (1 & 2 Feb 2024), USOIL touched the lower channel (D) at a price of 71.798 and seemed hesitant to continue the downward movement at the end of market closing. The formation of leg D is predicted to form rejection so that market movement will reverse to complete wave E at 79.480, the previous resistance area. Enter a buy position if the market breaks the price of 76.648 and continues upwards, then buy on the pullback in the 73.000 - 74.000 zone. Set the take profit to 500-600 pips (78.000 - 79.000). Stop loss below the lowest channel at 71.700.
FX:USOILSPOTLong
by adittiaduilocca84
US CRUDE OIL 4H : Support further rise up US CRUDE OIL New forecast The price perfectly fulfills my last idea and price reached to our targets +120 pip . Oil price trading settled above the level of 73.72, heading towards resuming the ascending wave within the ascending channel shown in the chart, where it touched the first positive target at 75.06, and we expect the ascending wave to extend towards 76.23 as the next stop. Therefore, we expect to witness further rise in the coming sessions with support from the 50 moving average that carries the price from below, keeping in mind that the continuation of the bullish wave requires stability above 72.90 levels. The expected trading range for today is between support 72.90 and resistance 78.00 until stabilized . support line : 73.72 , 72.90 resistance line : 75.06 , 76.23 Attention : We don't have any group in telegram be careful about scammer. 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
14
Usoil-analyze Keep asking me about oil. Last week I emphasized that oil did not fall below 74 and will continue to rise this week It can be seen that yesterday the lowest oil price reached around 75.8 and the highest reached around 78.2, but it did not break through 78 many times, so it can be judged that the current range is between 75.8-78.2 In an upward trend, you mainly rely on support points to buy, or sell at high levels within the range, and adjust your strategy according to market conditions. Join me, I will tell you detailed trading strategies and guide you how to trade
TVC:USOILLong
by UnknownUnicorn64321080
1
USOIL:Continue longHello friends, Luke here again. As a recipient of several regional trading awards, I'm excited to be part of TradingView where I can share my strategies with you daily, hoping to be of assistance. I've previously emphasized a bullish target for crude oil at $80. Currently, the upward trend is clear, and dips should be seen as opportunities to go long. The buying zone to focus on is between $77.6 and $76. I update my market analysis daily and also share precise trading signals within my exclusive group, Luke's Circle, to help you achieve steady and long-term profits in your account. Don't miss out!
TVC:USOILLong
by LukeBailey
OIL: Red Sea tension could support Oil price in short term🔴 Oil jumped as the US and its allies launched airstrikes against Houthi rebels in Yemen, retaliating for attacks on ships in the Red Sea that have imperiled flows of fuel and goods through the vital waterway. President Joe Biden said strikes had been conducted against a number of targets used by the Iran-backed group, with US officials saying radar sites and missile launchers were hit. A tanker industry group said military forces in the region were advising ships to avoid a key chokepoint near Yemen. The Houthis said all US and UK interests are now legitimate targets. 🔴 The main upside risk for prices concerns Iran and whether it’s drawn directly into the conflict, which could threaten oil supply in a region that produces a third of the world’s crude. The war-risk premium had previously been easing amid ample output from non-OPEC+ producers and slowing demand growth. 🔴 From our point of view, geopolitical tensions could support Oil Price in the short term, and from a technical point of view, our first Target is just below $80. Trade with care Like | Share | Comment
OANDA:WTICOUSDLong
by TheAnonymousBanker
9
USOILAfter the clear of medium liquidity @95$ price retrace to its 67-70$ zone on a monthly basis. Monthly open goes below, so im expecting a rally on $USOIL. This is only my view, No bias on shorts. just a buy for me. We might see 100$ above this month. This is not a financial advice. Follow for more longer/swing trades. I will update this idea once Price goes back to 85-90$ level. The path I made its just an assumptions on market struture, not a 100% sure that price goes move like that.
TVC:USOILLong
by D1GITALTRADES
USOIL: Continue to Go Long Next WeekHello, friends. I'm Luke, a former champion trader in multiple regions, and I'm delighted to join TradingView to share my strategies with you every day, hoping to provide assistance. This week, I've analyzed that crude oil is expected to continue rising to the range of $78-80 per barrel. Today, it has reached a high of $77.5 per barrel, and I remain optimistic about the future upward movement of crude oil. If it retraces to the range of $73-75 per barrel, consider going long once again! I update my market analysis daily and also send accurate trading signals within Luke's small group to help stabilize and sustain profitability in your accounts. Don't miss out!
TVC:USOILLong
by LukeBailey
🛢️📉 Crude Oil Breaks Down: Brace for Aggressive Drop 💥🔻$60/bIt looks like the 45-minute breakdown has occurred, which could lead to a bearish trend in both the weekly chart and the February monthly candle. Our swing trade has two targets: - The first target is $60. - The second target is $40. Please note that this is a long-term trade and we're making this decision quite early. Remember DXY is still very strong signalling that commodities in general are expected to be weak.
TVC:USOILShort
by blacklegend55