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Usoilanalysis

Oil Prices Continue to Rise - Take Advantage and Long Now!Brace yourselves because Russia's push towards $100 per barrel is causing a wave of optimism that we simply cannot ignore! The energy landscape has been buzzing with anticipation, and the recent surge in oil prices is a clear indicator of the incredible opportunities that lie ahead. With Russia's bold move, we are witnessing a significant shift in the market dynamics, and this is where you can make a smart move by long oil. Why should you consider long oil at this moment? Let me break it down for you: 1. Russia's push: Russia's determination to drive oil prices up to $100 per barrel is a game-changer. Their actions are sending shockwaves throughout the industry, creating a perfect storm for traders to capitalize on this upward trend. 2. Global demand: As the world recovers from the pandemic-induced economic slowdown, the demand for oil is rebounding rapidly. With economies reopening, travel resuming, and industries ramping up production, the demand for oil is set to skyrocket, further fueling the price surge. 3. Limited supply: Despite efforts to diversify energy sources, oil remains the lifeblood of our modern world. The supply of oil cannot keep up with the ever-increasing demand, leading to a supply-demand imbalance that favors higher prices. This is an opportunity we cannot afford to miss! Now, you might be wondering how you can take advantage of this incredible opportunity. Here's your call-to-action: Act now and consider opening long positions in oil to maximize your potential gains. With the market sentiment favoring an upward trajectory, it's time to ride the wave and make the most of this exciting period. Whether you prefer futures contracts, ETFs, or other oil-related investment instruments, ensure you position yourself for success. Remember, timing is crucial in the world of trading, and this moment is ripe with potential. Seize the opportunity and make your move before it's too late! Get ready to embark on an exhilarating journey as oil prices continue to soar. Buckle up, traders, because the time to long oil is now! Wishing you profitable trades and an exciting journey ahead! www.bnnbloomberg.ca
TVC:USOILLong
by bryandowningqln
3
UsOil (OIL) -> Most Talked About AssetMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on UsOil. Looking at the chart of UsOil you can see that just four months ago Oil perfectly retested and already rejected the 0.618 fib level in confluence with previous support structure. The real next resistance is once again the previous swing high at $110 from which we already saw a major bearish rejection and this means that we have another +20% move on Oil. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡
TVC:USOILLong
by basictradingtv
24
US Crude Oil 4H :try to retest before rise upUSOIL New forecast The price perfectly fulfills my last idea and price reached to our targets . The price of oil rose strongly yesterday to exceed our positive targets suggested in our last report, reaching the 95.00 barrier now, and we expect the upward trend to continue to achieve additional positive targets that reach the 96.60 areas.but before that we expect that the price will try to start a correction to 92.48 and then will rise up. The ascending channels continue to support the proposed ascending wave, taking into account that breaking 94.02 will stop the expected rise and push the price to begin a downward correction in the immediate term before returning to the rise again. Additionally ,Today News will affect the market . support line : 92.48 , 91.14 resistance line : 94.02 , 95.02 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOIL
by Arazmajeed
USOIL:Range fluctuation The oil is back in the range again. If you trade according to my range, I think you can have a great time today. Today, the oil price fell to near 88.2, and the low point was tested again, but it still returned to the range, so now we have adjusted the range, the range is: 88.3-91.2 The adjustment of the range range increases the success rate of our trading. As long as it is within the range, we still buy at a low level, sell at a high level, break through the range and then re-observe. Today, the low was tested for the third time and rose again, so we must observe whether the position above 91.2 will break through. If it breaks through, it is more likely to rise. If you want to sell, pay attention to setting a stop loss. If my thoughts are helpful to you, please like and subscribe
TVC:USOIL
by UnknownUnicorn60055110
2809 USOIL still cant stop rising till Fibo 1.27Hello traders, See there are two pattens on this 4H USOIL chart. One is the RED ABC wave was expected down to break low of last week. The other one is the Cypher Pattern to drop from D position. None of these patterns really happened. USOIL just retest the low of last week and start to rise from there without any stop. Now it is sideways in a small range in the Aisa morning. But check out again on EURO morning session, it could rise up again till New York session. The target now is hard to say SINCE buyers are getting crazy, and no one should try to challenge the trend. Weekly Fibo 1.27 96.72 is where usoil is possible to reach. No sudden news happen in the last two trading days of Sep could help USOIL up to there. GOOD LUCK!!! LESS IS MORE!
TVC:USOILLong
by FUNTRADER-Vera
Market tension is greater than the impact of the dollar Expectations of tighter crude oil supply and an uncertain economic outlook have caused demand concerns. At the same time, crude oil continues to be hit by the double blow of the appreciation of the US dollar and expectations of interest rate hikes, and the impact of a rapid tightening of supply is offset by market investors' low risk appetite for higher interest rates in the long term. Oil prices in Asia rose to 91.5. The subsequent trend will rebound and then rise slowly. The overall market is bullish.
VANTAGE:CL-OILLong
by Anthony-Ryan
Oil Pushes Up Cushing Stock Supply Tightens - Time to Long Oil!Introduction: Hey there, fellow traders! We've got some exciting news to share that'll make you want to jump on the oil bandwagon. The oil market has been buzzing lately, and we're here to shed light on how the recent developments are creating a golden opportunity for all you savvy investors out there. So sit back, relax, and let's dive into the world of oil! Oil Pushes Up Cushing Stock Supply Tightens: In recent weeks, the oil industry has witnessed a significant surge in prices, leading to a tightening of supply at the Cushing stock. For those unfamiliar, Cushing, Oklahoma, serves as a crucial hub for oil storage in the United States. This tightening supply indicates a strong demand for oil, which bodes well for those who are looking to invest in this lucrative market. The recent push in oil prices has been primarily driven by several factors. Firstly, with the global economy gradually recovering from the impacts of the pandemic, the demand for oil is rapidly increasing. As travel restrictions ease and industries resume operations, the need for oil is skyrocketing. Furthermore, geopolitical tensions and production constraints in certain oil-producing regions have also contributed to the tightening supply. These factors, coupled with the growing global energy demands, have set the stage for a potentially profitable opportunity in the oil market. Call-to-Action: Long Oil and Reap the Benefits: Now that we've established the positive outlook for the oil market, it's time to seize this opportunity and make some smart investment moves. Here's our call-to-action for all you traders out there: long oil! By going long on oil, you can position yourself to take advantage of the rising prices and the tightening supply at Cushing. This strategy involves buying oil futures contracts or investing in oil-related exchange-traded funds (ETFs). With the bullish trend expected to continue, going long on oil could potentially yield significant returns in the near future. Remember, as traders, it's crucial to stay informed and keep a close eye on market trends. Stay updated with the latest news, monitor supply and demand dynamics, and consult with financial experts to make informed decisions. With the right strategy and a positive outlook, you can ride the wave of this oil market surge and maximize your gains. Conclusion: There you have it, fellow traders - a golden opportunity awaits in the oil market! With the tightening supply at Cushing and the rising demand for oil, going long on oil could prove to be a smart investment move. So, let's embrace this positive momentum, stay informed, and make the most of the potential returns that lie ahead. Remember, the key to success in trading lies in calculated risks and thorough market analysis. So, gear up, get ready, and let's ride the oil wave to financial success! Disclaimer: Trading involves risks, and it is essential to conduct thorough research and seek professional advice before making any investment decisions.
TVC:USOILLong
by bryandowningqln
1
Crude oil: Crude oil rebounds to highs U.S. oil WTI once fell below $89 and pushed down to $88. It fell as much as $1.48 or 1.7%. After turning up, it returned to the psychological integer level of $90. The more actively traded Brent December futures once fell to US$90 or fell as much as 1.6%, then turned higher and then returned to US$92. The futures about to be delivered after expiration turned higher and then rose above US$94. They had previously fallen below 93 US dollars. and $92. Oil prices turned higher and broke off two-week lows, with U.S. oil returning to $90 In the third quarter, U.S. oil rose by more than 26%, and Brent oil rose by about 24%. Both are expected to record the largest increase in more than a year since the first quarter, and both oil prices will achieve cumulative increases in every month of the third quarter. Mainly because the prospect of tight supply outweighs concerns about economic and oil demand uncertainty in a period of high interest rates. However, some analysts worry that the U.S. government shutdown may make it difficult for Brent oil to rise to $100. Go long near 92.0, stop loss: 89.90, the target is 92.0-95.0 if it breaks.
TVC:USOILLong
by Dylan-Jones
US Crude Oil 4H :Try to reach 92.48USOIL OUTLOOK The price of oil opened today's trading with additional positivity, surpassing the 91.14 level and settling above it, confirming the cessation of the bearish corrective scenario and heading towards achieving expected gains during the coming sessions, targeting visiting the 92.48 level as a first major station. Therefore, an upward bias will be expected for today, and breaching the target level will extend the upward wave to reach the 94.00 areas, while breaking 90.75 will stop the expected rise and put the price under negative pressure again. Additionally ,Today News will affect the market . support line : 90.75 , 89.35 resistance line : 92.48 , 94.02 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
Crude Oil: Strategy Advice Short The oil supply outlook remains tight, with Russia and Saudi Arabia both cutting output through the end of the year, while the number of operating oil rigs in the United States has dropped to its lowest level since the end of the year. U.S. refiners are also cutting production capacity, further tightening supply. While these factors are expected to continue to support prices, overall economic concerns are limiting oil prices' upside potential. In the short term, oil prices will continue to be impacted by the above factors. Rising interest rates, a stronger dollar and worries about the global economy appear to be offsetting the benefits of limited supply. However, with the start of China's National Day Golden Week, a potential rebound in tourist numbers may bring some support to oil prices. But until global economic concerns are eased, oil market sentiment tends to be bearish. Short-term strategy reference: High probability scenario: bearish above 90.6, target 90.0-90.6. Small probability scenario: bullish below 88.8, target 88.5-88.9 Market comment: RSI technical indicator runs downward!
TVC:USOILShort
by Dylan-Jones
USOIL:Range fluctuation Oil is still fluctuating in the range, reaching a minimum of around 89 today. The oil has not chosen the direction yet. Last time we judged that the oil was going to test near the support point of 88.9. Now the oil is near 89.9, and the direction is still not confirmed, so this range is still valid. You can still sell at the high point, buy at the low point, and wait for the oil to break through the range to confirm the trend. We can't blindly think that oil will fall now, because we have tested the low twice in a row, but it has not fallen. We trade in the range. If we break through the range, we will strictly set a stop loss.Wait for the funds to choose the direction. If my thoughts are helpful to you, please like and subscribe
TVC:USOIL
by UnknownUnicorn60055110
US Crude OIL 4H : under 88.04 will open the way to drop USOIL OUTLOOK The price perfectly fulfills my last idea and price reached the second target . The price of oil reached the verge of the second expected target at 88.04, awaiting the resumption of negative trading to break the aforementioned level and open the way for a further downward correction, recalling that the next target reaches 87.20. Therefore, we continue to favor the downward trend during the coming sessions supporting by resistance line 91.35 ,taking into account that breaching 91.35 will stop the negative scenario and lead the price to attempt to restore the main upward trend again. Additionally ,Today News will affect the market . support line : 88.04 , 87.22 resistance line : 89.35 , 91.52 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOIL
by Arazmajeed
2
The short-term supply of crude oil is insufficient.Thanks to many traders for their support, please remember to give me a like, thank you very much. Can the current short-term crude oil supply shortage be resolved? Demand expectations need to remain cautious. The daily trend of crude oil is temporarily maintained at a high level, and the current price range is temporarily compressed between 91-90 on the 4-hour trend. Operation suggestion: short around 90.2-4, stop loss 91.1, target 89.3-89.6 I would like to remind all my friends to do good risk control and wish everyone smooth trading.
TVC:USOILShort
by Zenobia-Harte
US Crude Oil 4H :try to retest US OIL OUTLOOK Oil prices rose on Monday as investors focused on expectations of tighter supplies after Moscow issued a temporary ban on fuel exports amid continuing concerns that another interest rate hike could dampen demand. Technical abstract : We note that the price of Oil was unable to continue the rise, recording a lower peak and providing signs of a possible return to the downward corrective path, waiting to test the 89.35 level initially, noting that breaking this level will push the price towards the 88.04 areas as a next corrective target. Therefore, we expect to witness negative trading during the coming sessions, taking into account that breaching 91.52 will stop the expected decline and lead the price to resume the main upward trend again. The expect range trading for today it will be between resistance line 91.52 and support line 89.35 until stabilized . Support line : 89.35 , 88.04 Resistance line : 91.52 , 93.02 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
TVC:USOIL
by Arazmajeed