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USOIL Will Fall! Sell! Please, check our technical outlook for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 79.103. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 74.465 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!
FX:USOILShort
by SignalProvider
1
8 Tips to Optimize Your Tradingview for Clarity & PerformanceIn this video I share 8 ways to optimize your Tradingview for improve your performance. Most people focus on strategy, but that is only a piece of successful trading. What I would argue is even more important....is your ability to execute. Better execution is a result of - repetition, clarity, understanding The things in this video will help you with clarity. People make the comparison to trading and gambling all the time, for good reason. But let me ask you this... Have you ever taken a moment to look at your tradingview workspace and see how it's like walking through a virtual casino? Think about it... You have thousands of assets to choose from (machines & tables) You have people with their ideas and chatter (forums, ideas, chats) You also have sounds and stimulation everywhere (notifications, alarms) This is not bad! But it's something to be mindful of as you design your work environment for execution. We want to improve clarity, and simplicity. We want to eliminate as much noise as possible to improve your ability to focus on the task at hand, which is to execute your strategy. Here are 8 tips to improve your performance: (yes some of these are generic but they make a huge difference) Turn off the Gain%, Change, Vol, and Last on your asset sidebar On the same side bar, drag the news section down to the bottom so it's not visible anymore Change the color of your candles to soft more soothing colors ( google search calming colors ) Turn off notifications so you don't get hit with other trader's ideas while you're trading Use anchor text notes to put your plan for each asset right on the chart so you don't deviate Remove news event from the bottom of your charts, reduces clutter (personal preference) Create templates for each step in your analysis process I realize now that there were only 7 not 8, but I recorded the video so it's too late to go back now lol. I hope this helps you on your journey! I'd love to know what helps you with clarity, and getting in flow state while you trade. 👇 Share in the comments below -Gio
INDEX:BTCUSD
by elevatedinvestor
NATURAL GAS Long-term buy on the next pull-back.Natural Gas (NG1!) broke this month above its 1W MA200 (orange trend-line) for the first time in two years (last January 2023). Naturally this is a very bullish signal for the long-term and it is more effectively put into context by using our infamous 'Multi-year Cycles', which we introduced on Natural Gas a few years back. As you can see, every time NG broke above the 1W MA200 after a Support Zone rebound since 1990, it pulled back towards the 1W MA50 (blue trend-line) before resuming the uptrend for a new High. As a result, we will wait for that right pull-back opportunity to buy and target at least 6.000, which should be achieved by December 2026, which is the Top of the Sine Waves Cycle. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYMEX:NG1!
by TradingShot
1
Crude OIL Follow the plan Oil is one of the main tools that pressure the global economy. This tool is manually controlled; I will not repeat who owns it. For the last 10 years, I have seen this pattern very often when we see a triangle that breaks down, but before it collects liquidity from above and breaks the upper resistance I talked about it in a previous post The idea is still the same; the timings are stretched longer. I intend to pick up a historical start this year, most likely at the end of the year. That's my lazy plan. The realization is more complicated because opening a position at the ideal entry point will be challenging. All shorts will be liquidated and stop out for a long time, so we will probably have to stand in the reversal formation phase for a long time. I could go on and on about politics and how it's explained to you on TV. But I don't do that. Best regards EXCAVO
FX:UKOIL
by EXCAVO
4
Today analysis for Nasdaq, Oil, and GoldNASDAQ The NASDAQ closed higher, digesting the release of the CPI data. On the weekly chart, it faced resistance at the 5-week moving average, forming an upper wick. After a downtrend early this week, the market rebounded significantly. On the daily chart, the index rose to around the 20-day moving average but has yet to see the MACD cross above the signal line, making it premature to confirm a buying signal. Even if the uptrend continues, it would be prudent to wait for a golden cross in the MACD before committing to a buy position. Moreover, there is significant resistance from prior supply zones, making a sell strategy around higher levels valid. On the 240-minute chart, as mentioned previously, a failed dead cross led to a rebound, forming an inverse head-and-shoulders pattern. The MACD is trending upwards and diverging from the signal line. However, since the signal line is still below the zero line, a sideways consolidation phase may be necessary before a sustained move higher. Today, it is advisable to focus on range-bound trading within a box, managing risks carefully with sell strategies at higher levels. OIL Crude oil closed higher as it absorbed inventory data and the pipeline shutdown news. On the daily chart, it found support at the 5-day moving average and broke strongly above $78 (March futures), the upper boundary of the monthly chart. However, the sharp upward move has created significant gaps between the moving averages, suggesting the potential for a corrective phase today. On the 240-minute chart, a buy signal has triggered a sharp rise, but the MACD has not yet surpassed its previous high. A failure to rally further could create bearish divergence. A significant correction and support at previous resistance levels, such as the $74–$75 range, could present a buying opportunity. Meanwhile, profit-taking may dominate as the market digests the recent rally. A box range approach with buy strategies on dips and sell strategies at higher levels is recommended. GOLD Gold closed higher after digesting the CPI data. On the daily chart, both the MACD and the signal line have moved above the zero line, signaling a confirmed buy trend. Further upside is expected, as it has also broken above the resistance line of a triangular consolidation pattern. A buy-focused strategy remains valid. On the 240-minute chart, a buy signal preceded continued gains. Should the MACD and signal line diverge further, this would increase confidence in the uptrend. Even if gold consolidates instead of continuing to rally, the signal line above the zero line indicates a neutral-to-positive outlook. Considering that the 10-year U.S. Treasury yield is showing signs of peaking and pulling back, gold’s strong upward trend is worth monitoring closely. As numerous data releases are expected today, stay cautious and trade wisely. ■Trading Strategies for Today NASDAQ - Range-bound Market -Buy: 21325 / 21270 / 21190 / 21140 -Sell: 21440 / 21500 / 21550 / 21590 Crude Oil - Bullish Market (March futures) -Buy: 78.10 / 77.50 / 76.90 / 76.30 -Sell: 79.70 / 80.10 / 80.80 / 81.30 Gold - Bullish Market -Buy: 2717 / 2709 / 2700 / 2696 / 2690 -Sell: 2726 / 2732 / 2738 / 2745 / 2754 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard
Forecast UPDATES! Jan 15, WedIn this video, we will update the forecasts for the following markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
TVC:DXY
by RT_Money
WTI Oil H1 | 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 77.07 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 75.07 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 79.87 which is a multi-swing-high 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. 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.
FX:USOILLong
by FXCM
Will US sanctions on the Russian oil industry continue to drive Oil prices surged to their highest point in five months following the US announcement of its intention to impose stricter sanctions on Russia's oil industry. Countries like China and India, previously reliant on Russian crude oil imports, are actively pursuing new sources of oil supply in the Middle East and Africa. Furthermore, the substantial surge in demand for heating oil, driven by the cold spell sweeping across the US and Europe, is likely to exert consistent upward pressure on oil prices. USOIL sustains an uptrend and continues to test 77.00. Both EMAs are widening the gap and showing strong bullish momentum. If USOIL breaches above the current high of 77.80, the price could gain upward momentum toward 79.80. Conversely, if USOIL breaks below its support at 74.30 and EMA21, the price may fall further to its following support at 72.00.
TVC:USOIL
by inkicho_exness
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower after facing resistance at the 5-day moving average. As mentioned yesterday, selling at the 5-day moving average was an effective strategy, and since it touched the 5-day line during the pre-market, sell-side trades were easier throughout the day. The daily chart shows continued selling pressure with six consecutive bearish candles. As discussed, it's important to monitor the 120-day moving average support and keep an eye on a potential overshoot down to the 20,300 area. On the 240-minute chart, the MACD has crossed above the Signal line (golden cross), but selling pressure persisted. While a death cross has not yet formed, if it does, it could trigger a third wave of selling. Conversely, a failure to form a death cross could lead to a rebound, potentially forming an inverse head-and-shoulders pattern. Avoid chasing sell-offs and focus on range-bound trading strategies. Additionally, today’s CPI release could cause a lower wick and a bullish reversal candle, so caution is advised. Oil Crude oil closed lower after facing resistance near its recent high. The $79 level remains a strong resistance zone, and the significant divergence from the moving averages makes it difficult to break above easily. Some correction was expected in this area, and while the price has pulled back, it remains far from the 5-day moving average, suggesting the potential for further declines. The daily chart indicates support in the $75–$76 range, and a drop to this area should not be ruled out. On the 240-minute chart, a sell signal on the MACD has appeared, but there is still divergence from the zero line, making buying at major support levels a preferable strategy. Selling near $79 remains valid. Additionally, oil inventory data is scheduled for release today, which may influence the market. Gold Gold ended with a doji candle, forming a small range after digesting the PPI data. Today’s CPI release is expected to provide a clearer direction for the market. Recent declines in expectations for additional rate cuts have been supporting gold prices. As today’s inflation data impacts Treasury yields, gold’s direction will likely hinge on the bond market's response. If gold forms a bullish candle today, both the MACD and Signal lines may rise above the zero line, continuing the bullish trend. Conversely, if gold closes with a bearish candle, it is likely to remain within the $2,625–$2,725 range for the time being. On the 240-minute chart, support around $2,680 is key, with the MACD potentially attempting to cross above the Signal line. Failure to form a golden cross could result in further declines. Focus on buying during dips before the CPI release, as this is the most favorable approach today. Wishing you a successful trading day! ■Trading Strategies for Today Nasdaq - Bearish Market -Buy Levels: 20,840 / 20,780 / 20,745 / 20,570 -Sell Levels: 21,015 / 21,070 / 21,120 / 21,190 / 21,320 Oil - Bullish Market -Buy Levels: 77.50 / 76.90 / 76.50 / 75.70 -Sell Levels: 78.60 / 79.10 / 79.65 / 80.10 Gold - Range-bound Market -Buy Levels: 2,683 / 2,674 / 2,666 / 2,661 / 2,654 -Sell Levels: 2,704 / 2,712 / 2,717 / 2,723 / 2,729 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard
WTI Crude Oil Probes Trend Line Resistance at 5-Month HighsChart Analysis: WTI Crude Oil is approaching a pivotal juncture as it tests the long-term descending trendline resistance, while short-term momentum remains firmly bullish. 1️⃣ Downtrend Resistance (Red Line): Prices are testing the multi-month descending trendline resistance near $78. A breakout above this level could signal a shift in the broader bearish structure. 2️⃣ Moving Averages: 50-day SMA (blue): Rising steadily at $70.51, providing dynamic support for the recent uptrend. 200-day SMA (red): Flattening around $75.06, aligning with the key breakout zone. 3️⃣ Momentum Indicators: RSI: At 72.05, indicating overbought conditions, which could precede a short-term pullback. MACD: Bullish momentum is intact, with the MACD line above the signal line and accelerating in positive territory. What to Watch: A sustained break above the descending trendline and the 200-day SMA could pave the way for a test of $82-$85 resistance levels. Overbought RSI warrants caution; traders should monitor for bearish divergences or signs of exhaustion. Failure to break above resistance could see prices retrace toward the 50-day SMA or $74 support. WTI Crude is at a critical crossroads, where a breakout could signal a trend reversal, while failure to sustain above resistance might reinforce the longer-term bearish bias. -MW
TVC:USOIL
by FOREXcom
USOIL: Key Levels and Trend Direction AnalysisUSOIL Analysis The price has stabilized above the pivot line and closed the daily candle above it, indicating a continuation of the bullish trend gradually toward 75.35. A retest of 72.75 is possible before pushing up again. On the other hand, a 4-hour candle closing below 72.74 would confirm a bearish trend, targeting 71.78. Key Levels: Pivot Line: 73.40 Resistance Levels: 74.40, 75.35, 76.10 Support Levels: 72.74, 71.78, 70.50 Trend outlook: Bullish: While above 72.75 Bearish: If 72.74 is broken
TVC:USOILLong
by SroshMayi
Navigating the Oil Market volatile prices Crude oil prices have been on a roller coaster ride in recent times, influenced by a multitude of factors, including geopolitical tensions, economic indicators, and OPEC+ production decisions. Let's break down the key elements affecting the current oil market: The Russia-Ukraine War and Sanctions The ongoing conflict between Russia and Ukraine has been a significant driver of oil price volatility. Russia is a major oil exporter, and the Western sanctions imposed on the country have disrupted global supply chains. This has led to supply concerns and consequently, higher oil prices. OPEC+ Production Cuts The Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) have been actively managing oil production levels to stabilize the market. Their decision to cut production has had a direct impact on increasing oil prices. This move aims to balance supply and demand, ensuring oil prices remain at profitable levels for member countries. US Oil Production and Inventory Levels The United States is a major oil producer, and its production levels and inventory change s influence global oil prices. While US production has increased, it hasn't been enough to offset the supply disruptions caused by the Russia-Ukraine conflict and OPEC+ production cuts. Lower US oil inventories have also contributed to the upward pressure on prices. Oil Algorithmic Traders Loosen Grip on Market After Back to Back Annual Losses Gusgraph.com Global Economic Recovery and Demand The global economic recovery from the COVID-19 pandemic has led to increased demand for oil. As economies reopen and travel picks up, the demand for fuel has surged, putting upward pressure on oil prices. Other Factors In addition to the above factors, other elements such as geopolitical tensions in the Middle East, currency fluctuations, and speculative trading can also impact oil prices. In conclusion, the current oil price surge is a result of a complex interplay between geopolitical events, supply and demand dynamics, and economic indicators. The Russia-Ukraine conflict, OPEC+ production cuts, and robust global economic recovery are the primary drivers pushing oil prices higher. Navigating the Oil Market: A Day Trader's Guide The oil market is a dynamic and complex arena, presenting both significant opportunities and formidable challenges for day traders. Understanding the key drivers of oil price fluctuations is crucial for developing effective trading strategies. Key Factors Influencing Oil Prices: Geopolitical Events: The ongoing conflict in Ukraine and the resulting sanctions on Russia have significantly disrupted global oil supply chains. Geopolitical instability in the Middle East, a major oil-producing region, can also trigger price volatility. OPEC+ Production Decisions: The decisions of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) regarding production cuts or increases have a direct and significant impact on oil prices. Global Economic Growth: Strong economic growth translates to increased demand for energy, driving up oil prices. Conversely, economic slowdowns can lead to lower demand and lower prices. US Oil Production and Inventories: Changes in US oil production and inventory levels play a crucial role in influencing global oil prices. Currency Fluctuations: The value of the US dollar against other major currencies can impact oil prices, as oil is typically priced in US dollars. Day Trading Opportunities in the Oil Market: The volatile nature of the oil market presents several trading opportunities for skilled day traders: Identifying Trends: Identifying and trading with the prevailing trend (uptrend, downtrend, or sideways) is crucial. Technical analysis tools like moving averages and trend lines can be valuable in this regard. Capitalizing on News Events: Anticipating and reacting to news events, such as OPEC+ meetings, geopolitical developments, and economic data releases, can provide significant trading opportunities. Volatility Trading: High volatility periods can create short-term trading opportunities, but require careful risk management and a robust trading plan. Scalping: Scalping involves taking small profits on small price movements. This strategy requires quick decision-making and a deep understanding of market dynamics. Key Considerations for Day Trading Oil: High Volatility: The oil market is known for its volatility, which can present both significant opportunities and risks. Risk Management: Implementing strict stop-loss orders and position sizing strategies is crucial to manage risk effectively. Fundamental Analysis: Stay informed about geopolitical events, economic data, and industry news to make informed trading decisions. Technical Analysis: Utilize technical indicators such as moving averages, RSI, and MACD to identify entry and exit points. Emotional Control: The volatile nature of the oil market can trigger emotional responses. It's crucial to maintain discipline and avoid impulsive trading decisions.
EIGHTCAP:USOUSD
by Gusflier
1