Get started

Usoillong

USOIL MARKET OVERVIEW Good evening everyone; We stood off WTI this week and let it run it's course, we got caught out a few times last week trying to take some trades but they don't always work out. WTI has completely broken it's short to mid-term structure and I only think thinks it's pulling back due to weekly closures. I believe that WTI we continue bearish but the overall bullish trend can't be prevented. I am still targeting $185 a barrel which I think we will get the next leg for once we have the long term trend correction. Governments are trying to resolve the energy crisis which is being heavily influenced by the price of USOIL. I believe OPEC will make attempts to increase the number of active rigs and output in an attempt to drive WTI down (which it will) BUT only temporarily. This is a train which will not stop until inflations clams down but we're only just getting started. We warned of inflation, recession and market crashes before it even hit your mainstream media screens.
TVC:USOIL
by UnknownUnicorn33264805
3
usoilIf 5 waves are in off the march 2020 lows during the covid crash then we topped around $130. We should now correct the entire move in the ABC which looks like a Flat because wave A was very shallow. This means that as long as wave B is in already then Wave C should be 5 waves down and test the golden fib ratio around $58. As the ABC reveals itself I would expect it to be not very neat and clean as I am forecasting today and probably develop into a very complex double or even triple correction to wipe out all the bulls. So this is just a preliminary forecast. We will be looking to buy this dip with crypto win profits because after the correction to USOIL is complete we should expect a new impulsive 5 up to start and go way past $130.
FX:USOIL
by Big_Mike716
1
1406 USOIL still two plans Hello traders, USOIL has made a strong bullish candle on this Monday. Now all price actions are running above the EMAS. It is very possible for it to test the recent high, 123.1. And we need to check what candle could happen after testing this level. Fake breakingout, would be a chance for OIL to pull down for a correction. Breakout and stand above this level, it will test fibo 1.27 position , 126.36 , as a new high for this month. Good luck!!! LESS IS MORE!
TVC:USOILLong
by FUNTRADER-Vera
Potential Accumulation USOILPotential Accumulation forming in Daily demand, price broke structure on the 10m giving what looks like a SOS and now we've had a pullback into the 10/15m Demand where price has rejected from, i'm looking for price to clear the highs and pump, lets see! 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:USOILLong
by benalistarfx
USOIL MARKET BREAKDOWN USOIL- USOIL had a slow problematic trading week with low volume causing consolidation which was followed by quick spikes. This will be USOIL way of movement for awhile as at these levels it's vastly untested. Notice the blue box, USOIL is sat nicely in this region and it's floating around the resisting trend and mid trend. USOIL needs a move lower and 114.63 should provide a good support level as it MUST stay above this region to go higher. Should we break below that region then all the possibilities below open up to us as we have strayed very far away from the support trendline with some regions left untested. I am looking for shorts to start the week off and the longs once the support floor is confirmed. I will be looking for a swing from 114.60 or 104.60.
TVC:USOILShort
by UnknownUnicorn33264805
3005 4HPLAN USOIL still rising up to 120-121 position Hello traders, USOIL did not make any strong turning down signal on 4H and Daily CHART. Next leg is still possible to reach 120-121 as the end of fibo 1.27 of last impulse leg. Our last idea that cancell to take a watch the breakout level is still valid. Now it would be OK to consider the breakout level valid. The leg is continue up to test next level . RSI sitll is showing strong buyers' will. Good luck on buy any pullback position. LESS IS MORE!
TVC:USOILLong
by FUNTRADER-Vera
The BIGGEST Inverse Head & Shoulders I have ever seen. USOILI just witnessed something truly amazing, USOIL just printed a MASSIVE bullish sign on the 1H chart. But..... Before we get all FOMO-ish and buy without a plan let's look at what we have on the table, before having a slice. Price got to the strongest monthly resistance, which to no ones surprise also served as the giant chart pattern's neckline, with a triple job of a previous long term trendline. After price squished all these resistances aside with a bullish reaction, a retest should set the stage for a lasting bull run, or so it seems.... Many people must have seen these bullish signs, which means manipulations might occur to push out as many as possible from the trade before the bull run. Our safest point of entry will be to look for buy setups at the retest, and let probability do the rest. If u found this remotely helpful to u , please drop me a like and a quick Sub, as this helps support my work and allows u get more content like this to come. Thanks....please drop some constructive criticisms in the chat section, or u can leave some encouragement, I would be truly pleased. Thanks my people....
TVC:USOILLong
by LexyenHille
17
USOIL MARKET OVERVIEW Good Morning and happy Sunday; Long time no see for all our non-members but we hope this idea finds you well. It's time we start looking at WTI on the larger time frame to put things in perspective and so you can really see the magnitude of what is happening and what is going to happen. Over the past 5 weeks we have been limiting our USOIL trades and I want to draw attention to the first blue box, this is a huge monthly conidiation zone where price is volatile between a tight range which is why I have been standing back and just letting USOIL do it's thing (This hasn't stopped us bagging a 1000 pip trade from 99.80 and another 430 pip trade this week). WTI is climbing rapidly as we expected it would and there's no stopping it. If you have read our financial warfare post then you know all the reason why it's doing so. The next monthly resistance zone to be tested it all time highs which we should reach soon as we blasted through the huge consolidation region marked by the first box (This shows huge buying pressure). The geopolitical sentiment in Europe and inflation are playing hand in hand with each other causing the high USOIL prices, PUTIN has come out to say that he blames COVID for the true inflation and not the war (He's correct and we have been saying this for months now). Since COVID-19 started money became far too easily accessible with families obtaining and retaining money. It's caused an influx of new home buying, new car buying, loan obtaining and so on. Many people are now are stuck with over priced homes, huge mortgages and large loans whilst the economy gets worse. Next year the housing market will start to fall off and we'll begin to see the cycle of the recession BUT this will be a great and deep recession. This ties in with USOIL as when USOIL is at these levels a recession is undeniable now and we are starting to see glimpses on the news. I have publicly called $175-$185 per barrel for USOIL and I still stand by this, everything we have predict has come through and the new ATH predictions are being scoped in. Once previous ATH is broken there will be a large rally to our predicted region. OPEC are talking about kicking Russia out of the group whereby they would have to sell large amounts of their oil supply at a lower price (They're currently making $800million a day from oil). If you were Russia and knew you were in a war and potentially going to be kicked out of the OPEC group and have to sell off your oil supplies what would you do? WELL I would be creating FUD and a political event in an attempt to drive up oil prices as high as possible before I sold to get as much money as possible. Russia wont care about the implication's it will have on the world economy as the world has already crashed theirs. Again it comes back to strategic financial warfare where only public loose. TECHNICALS: USOIL will start bouncing between $114.20 and $126.00 on the interday timeframe until it's able to get that ATH rally but we will cover this in greater depth on Tuesday for members. STAY SAFE AND JOIN THE LINK BELOW.
TVC:USOIL
by UnknownUnicorn33264805
6