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Usoilbuy

USOIL - LOOKING FOR THE LONGUSOIL is looking like an expanding market about to complete 1-2-3-4-5 pattern - see purple. A possible reversal area is the 1.272 ext (82.52) of the last swing higher - see green This area is also a support area going back to January. We draw another extension from the last small move higher - see black - and judge the price action as it moves through these extensions. The 382 of the larger move higher is just below at 80.00 Somewhere in there can be ourrevrsal for a move back up to 100 mark. Timne to follow....
TVC:USOILLong
by enzenator
4
USOil | New perspective for the weekI am of the opinion that natural gas shortages this winter might be driving gas prices higher in the last quarter of this year. The current structure reveals that price action is back to retest the bullish trendline identified on the weekly time - an area which shares a confluence with the $85 key level. In this video, I have explained what my expectations for the new week are. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
TVC:USOILLong
by darcsherry
1
CRUDE OIL: Bullish Pin Bar SignalCRUDE OIL – Futures: Price Moved Higher From Within The Range Of The Long-Tailed Bullish Pin Bar Signal Price Action: Price formed a Bullish Pin Bar Signal overnight (We are not considering trading this signal). Price moved higher from the prior Long-Tailed Bullish Pin Bar Signal that had formed late last week (We suggested buying on a retracement lower into the range of this signal in the July 15th daily newsletter and hopefully some traders got on board). Potential Trade Idea: We are considering buying on a retracement lower to within the range of the prior Long-Tailed Bullish Pin Bar Signal that had formed late last week.
TVC:USOILLong
by UnknownUnicorn393254
USOIL-NEUTRAL to UPSIDEThe pattern suggest further upside short-term. The GANN fan for medium-term and short-term attracts likely $ 128-135 per barrel. However, be careful for the run up, as the steepness will provide the clue when a return will take place. For now, short-term BUY strategy is more likely beneficial in view of the GANN studies. The stochastic RSI also is positive and crossed 50. For now BUY $ 119-121 with tight stop-loss 116.50 and take profit $ 129.00 for now. We start being SELL mode only once we are near the top of short-term GANN resistance.
TVC:USOILLong
by peterbokma
2
If Demand Holds..USOIL - Price rejecting from previous weekly low which is also a strong resistance level, had a few minor breaks of structure but nothing major, waiting for price to capture this liquidity and show us direction. Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
TVC:USOIL
by benalistarfx
0705 USOIL wkly plan to buy to 112-116 zone Hello traders, Being such a long time. Hope you guys all good with novel coronavirus in the last 3 years. I am back now! Check with USOIL first since war between Ukraine and Russia has push all prices up, exp OIL. This chart on 4H CHART for USOIL is telling a story that 112-116 will be the next target zone for buyers. USOIL has been running sideways since last Wed. This is a 2th ABC or Z correction. And all running above the support EMAS. It is very possible for usoil make a breakout up to test 112-113 zone first, then 116. Plans for next week on USOIL is to find out entry confirming signal on 30m/1H chart. Good luck to this plan to buy. Less is more!
TVC:USOILLong
by FUNTRADER-Vera
2
USOIL-NEUTRAL - BUYIt is fun looking at different ways of analyzing market. Using Kagi is a good way to see what the moves has been and where it likely can go. The pattern still within a triangle, and combining the state of market, BUYING pressure still exists on OIL. For now I am neutral with but inclining to go LONG current levels. The move higher is possible with positive aroon, but flattening, indicating we are For now I think.in BUY mode, but not a quick one. Strategy BUY current 103.00-104.00 and place stop-loss below 95.00. Profit order likely around $ 115-120.
TVC:USOILLong
by peterbokma
4
USOIL-BUY strategyThe market tries to create the feel that we are moving lower. the cloud support at 94.70 is nearing and then next we have Fib. support somewhere below $ 88.00. It will be difficult for me to go short purely because fundamentals have not changed. The only thing is, US interest rates developments causing a slowing down of US economy, but on other hand still energy crisis, right? For now, with low stochastic, I think we should be in buying mode between $ 95-100, a wide range to select from, and take profit above $ 120 for now. Stop-loss I prefer below $ 85. The risk is only between $ 10-15 and a pickup of $ 20-30. In this market it is wise to place stop, because if further unwinding of contracts take place, bot because of fundamentals, but due to forcing longs out, then yes, be safe on that side keeping a stop-loss in place.
TVC:USOILLong
by peterbokma
1