crude off a nice hourly order block... can we kick back to 68 n crude is hovering around a nice order block and a small completed harmonic patternLongby mrenigma0
Short Oil, Swing trade.The price created a new HH so we can open short position. It is swing trade. The target is around $67 Shortby rafael_kyrdanUpdated 0
Be aware shorter. Crude gonna blast upside Crude is turning bullish . With red line is our support Longby ParasharK889
Be aware shorter. Crude gonna blast upside Crude is turning bullish . With red line is our support Longby ParasharK3
Don't be surprised with a $50 oil price next yearThe waves show the direction, and if this daily candle closes significantly lower than the previous low, and the red countertrend line breaks, we may witness a nice fall in the oil prices. Of course, the OPEC may step in, but the trend is a trend. Let me know what you think in the comments! Stay Patient, Stay Disciplined!Shortby TheMarketFlow14149
Don't be surprised with a $50 oil price next yearThe waves show the direction, and if this daily candle closes significantly lower than the previous low, and the red countertrend line breaks, we may witness a nice fall in the oil prices. Of course, the OPEC may step in, but the trend is a trend. Stay Patient, Stay Disciplined!Shortby TheMarketFlow2
USOIL SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! USOIL is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 68.67 level. โ LIKE AND COMMENT MY IDEASโ Longby EliteTradingSignals114
USOIL LongAfter breaking past the recent consolidation phase, USOIL printed a higher low towards day close, expecting USOIL to break yesterday's high of 70.4$ today. First Target : OB near 71$ Second Target : 71.5$ and break of these 2 targets would accelerate the price towards 72.8$ levels. Happy Trading! NB: Not a financial advise, only for educational purpose only.Longby shakeelmohamedUpdated 2212
Oil slammed into triangle support on headlines!Intraday Update: Crude oil slides to triangle support on output headlines. The risk is a break of the 68.00 level will target the key 66.50 level. Shortby ForexAnalytixPipczar6
Crucial Week For Crude Oil As OPEC Meeting And Key Data LoomCrude oil prices have come off their earlier highs after starting the day brightly following some stronger-than-expected activity data out of China at the weekend. This could be a pivotal week for the crude oil market. With key US economic data on the horizon and the OPEC+ meeting later this week to discuss oil production targets, market participants are bracing for significant developments. Persistent concerns over demand and rising supply from non-OPEC sources have pressured prices. So, unless OPEC+ makes a substantial announcement, itโs unlikely that another delay in planned production increases will offer long-term support to prices.by Exness_Official0
US OilUS Oil - Crude Oil Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Change of Characteristics Demand Zoneby ForexDetective4
USOIL (WTI): Bearish Breakout Ahead?USOIL (WTI) is currently trading within a large triangle, with a likely breakout to the downside. I anticipate further market decline.Shortby The_Traders_Memoirs1
Gold continues to rebound, trading strategyCrude oil rebounded strongly yesterday, but it does not mean that it has reversed. The more it rebounds, the more it will fall. As long as it does not break through 71.4, it is not considered a reversal. You can short it once near 70.6 today.by ckb6ckb6Updated 116
6-month oil price analysisThe oil price is in its support range and, with buying pressure and inflow of liquidity, is likely to increase to the 3 specified targets. Sasha CharkhchianLong02:45by Sashacharkhchi2
USOIL - Bullish Falling WedgeHello Traders ! The USOIL failed to create a new lower low! The price formed a falling wedge. Currently, The resistance line is broken ! So, I expect a bullish move๐ ______________ TARGET: 71.05๐ฏLongby Hsan_BenhmedUpdated 4417
WTICOUSD Intraday trend forecast for December 05, 2024WTICOUSD Intraday trend looks bullish for December 05, 2024. The time stamps used in the diagram are in IST (India Standard Time). This forecast is calculated on the past data and is meant for educational purposes only. Longby Mastersinnifty4
Spot Crude Oil Energies Market Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, ๐ค ๐ฐ This is our master plan to Heist Spot Crude Oil Energies Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry ๐ : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss ๐ : Recent Swing Low using 4h timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money ๐ฐ. Warning : Fundamental Analysis news ๐ฐ ๐๏ธ comes against our robbery plan. our plan will be ruined smash the Stop Loss ๐ซ๐. Don't Enter the market at the news update. Loot and escape on the target ๐ฏ Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. ๐Support our Robbery plan we can easily make money & take money ๐ฐ๐ต Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... ๐ซLongby Thief_TraderUpdated 5
OIL: Day 3, market in breakoutLooking at this chart, I can see a great potential to complete a 2 weeks dump and pump scenario, which it can end up today with the OIL major red new on calendar at 10:30am NYT. But let's analyse this market, trying to understand what and why specific moves can happen. Starting from the last week, Monday was a dump day and Tuesday slightly expanded the range to the downside. Most of the week just consolidated down low without achieving to push the price lower, and Friday it was the first time in the week where we could see the market pushing higher, breaking the high of day. It doesn't necessary mean that something was going to change in the market, but for sure now also long breakout traders are involved. Friday as well, closed in breakout short, placing the new low of week. Monday starts the new week and we could see the price retesting the LOW, is now important to understand the behaviour of price once the market reaches levels of interests and this double bottom formation into the previous LOW it may locks the low for the entire week. Tuesday typically expands the range, which it happened and closed in breakout long. Today, the market looks like coiling into the current high of day/how of week and I won't be surprise to see a parabolic move! I currently have a better long thesis pushing up back into the previous HOW, however, I cannot guess how the market will behave during the NY session. I cannot exclude that price can break down starting a reversal process during Thursday and Friday. For the long view I would like to see the market coiling into once of these level marked For the short view I would like to see a market breaking down, pumping back up into the HOD during NY session for a short scalp trade. I will update the post during the day :) Have a good trade and for any question feel free to ask!by GianniPichichero9916
WTI OIL Bullish break-out to $76 imminent.WTI Oil (USOIL) is so far following our last call (November 26, see chart below) on high precision as, after once last pull-back to the Support Zone, it is now rebounding: As you can see now on this 1D chart, the price hit the 1D MA50 (blue trend-line) today but based on the other 2 November attempts, even a candle close above it doesn't translate into a sustainable break-out. Contrary to that, however, those 2 attempts weren't supported by a 1D RSI Higher Lows base similar to September's. As you can see that same pattern was that initiated the rebound on the Support Zone that broke above the 1D MA50 and extended even above the 0.786 Fibonacci retracement level and tested the bottom of the 4-month Resistance Zone. As a result, our $76.00 Target remains intact, which is marginally above the 0.786 Fib and projected to be just below the 1D MA200 (orange trend-line). ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ 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. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot119
US OIL Trade Log USOIL Short Position Analysis Technical Indicators : - 1H Fair Value Gap (FVG): Current price is within the 1-hour FVG, indicating a potential short entry point. - MACD Divergence: A bearish divergence between the MACD indicator and price action suggests weakening upward momentum. - Cumulative Volume Delta (CVD) Divergence: Bearish CVD divergence indicates increasing selling pressure despite rising prices. - Ichimoku Kijun Levels: Price is above the 1H, 4H, and daily Kijun lines, placing it in a relative premium zone, which may precede a downward correction. Fundamental Factors : - Fear Premium: Recent price increases are attributed to geopolitical tensions, such as conflicts in the Middle East, leading to a 'fear premium' in oil prices. - Bearish Macro Outlook: Rising U.S. oil inventories and weak global demand projections, especially from China, suggest a bearish outlook for oil prices. Trade Parameters : - Position: Short USOIL - Entry: Within the 1H FVG at current market price. - Risk Management: - Risk per Trade: 1% of trading capital - Risk-Reward Ratio (RRR): 1:2 Shortby Fondera338
OIL looks bearish, very when it breaks downOIL has formed a huge descending triangle and is about to take a dive. I'll consider entering a short trade once it breaks the yellow line.Shortby JoE113
WTI- RANGE BOX 65-72 ( Looking for Sell )Dear Traders, i expect price will be Start Next Downward movement from 72$ to 65$ Daily Trend : DOWN ! "If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!Shortby alirezak2