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Usoilforecast

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
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: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
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’s short-term uptrend on TuesdayGlobal energy markets continue to be rattled by the growing likelihood of supply constraints, with successful attacks in Ukraine on Russian oil infrastructure highlighting how easy it is to disrupt broad energy supply chains. WTI tested multi-week highs on Monday as market tensions mounted. The short-term (1H) trend of crude oil has recovered, and oil prices have broken through the resistance at the upper edge of the triangle. The moving average system is gradually arranged in a long position, and the short-term objective trend is upward. Pay attention to the strength and continuity of today's rise in oil prices, and it is expected that there is a high probability that the rise will continue during the day.
TVC:USOIL
by ActuaryJ
3
usoil: Expected to Rise to $80 in the FutureHello friends, I'm Luke, a former champion trader in multiple regions. I'm excited to join TradingView and share my strategies with you every day, hoping to provide assistance. Crude oil has established a bottom around $70, and those who bought in heavily near this level have already reaped substantial profits. Personally, I anticipate oil to stabilize around $80 in the coming month, with any further declines seen as buying opportunities. Key support levels to watch are $72-$70. Buying can be considered upon reaching this area, with target levels focused on $76-$78-$80. I update market analysis daily and also send accurate trading signals within Luke's small group to help ensure the long-term stability and profitability of your account. Don't miss out!
TVC:USOILLong
by LukeBailey
US CRUDE OIL 4H : Above 73.88 will rise up US CRUDE OIL New forecast Oil price is trading positively, breaching the 72.90 level after failing to hold below the 70.82 level, and now it is trying to consolidate above the 73.88 level, providing signs of activating the positive scenario for the rest of the day, on its way to visiting the 75.06 levels, then 76.77, and 78.00 as the next main stations. Therefore, an upward bias will be expected during the coming sessions with support from the 50 moving average that carries the price from below, keeping in mind that breaking the levels of 73.88 and then 72.90 will stop the expected rise and put pressure on the price to turn lower. The expected trading range for today is between support 72.90 and resistance 78.00 until stabilized . support line : 73.88 , 72.90 resistance line : 75.06 , 76.77 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
3
US CRUDE OIL 4H : Under 70.82 will drop moreUS Crude Oil New forecast Oil price trading stabilizes below the broken support at the level of 72.90, so that the bearish trend scenario remains valid and effective for today, which targets levels of 70.18 and then 69.15 as the next main stations. and to confirm the bearish trend it should stable under 70.82 level and then our targets will be activate . Therefore the downward scenario will be remain valid and effective during coming period supported by moving average 50 , we remind you of the importance of stability below 72.90 as a first condition for a continuation of the decline, as breaching it may encourage the price to achieve a temporary rise before returning to the decline again. The expected trading range for today is between support 69.15 and resistance 72.90 until stabilized . support line : 70.18 , 69.15 resistance line : 72.19 , 72.90 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:USOILShort
by Arazmajeed
6
US CRUDE OIL 4H : Under sell pressure US CRUDE OIL New forecast The price of oil ended last Friday's trading with strong negativity to settle below the 72.90 level, which places the price under the expected negative pressure in the immediate term, pushing the price to achieve negative targets starting at 71.00, and by breaking it, it will extend far to the 69.15 areas. Therefore, a bearish bias will be likely during the coming sessions, keeping in mind that breaching 72.90 will stop the current negative pressure and push the price to recover again. The expected trading range for today is between support 69.15 and resistance 72.90 until stabilized . support line : 71.00 , 69.15 resistance line : 72.19 , 72.90 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:USOILShort
by Arazmajeed
4
Usoil-Range trading analysis The U.S. EIA crude oil inventory unexpectedly rebounded. Although oil-producing countries such as OPCE+ and Saudi Arabia are fully confident in stabilizing the crude oil market, the market performance is poor and the demand side is relatively weak. As a result, oil is currently in a range-bound state. Usoil:sell72.75-73.1 TP:72.3-72 SL:73.3 In volatile market conditions, control positions reasonably and set SL I will continue to analyze my views, join me, follow me
TVC:USOIL
by UnknownUnicorn64321080