Usoil longsAm going long on USOIL for 5.19RR... A clear breakout of the trendline and consequent retest......let's go!!!
Usoillong
2X USOIL 1D Tech. Analysis! (OIL BACK OVER $100?)While inflation has settled, the reason for inflation is OIL! It will hit double digits, if Oil goes back above $100. LET'S BE FR! we are in a RECESSION! it will last till next year the fed news and economy is not looking great at all! So, we will play oil up to $120, Don't be surprised to see Oil @ $200! ONLY TRADE OIL IF YOUR ACCOUNT CAN TAKE A HUGE LOSS. OIL is forming a possible TRIPPLE BOTTOM or a Possible Head & Shoulders, we will wait for confirmation, Execute & LOCK IN PROFIT!
USOIL AT 118$Contact me for private signal group with perfect entries.
Oil - Brent and Crude November futures have bounced in Asia trading currently at 93.85 and 88.00 respectively. Fresh lows for the week yesterday amid global slowdown fears and Chengdu lockdowns but those have abated somewhat with both now up around 1.5% on the day.
Today sees G7 finance ministers meet to discuss a Russian price cap which will obviously not go down well in the Kremlin. The official Russian stance is they will not supply energy to states that employ this tactic.
USOIL LongBuy USOIL at CMP or buy on dip around 92.50. Targets 93.60, 94, 94.80 with a stop loss of 91.50.
USOil BullishUS Oil showing Bullish momentum
hopefully 400 to 500 Pips
Entry Price range: 95-96
Tp: 100
USOIL ! reversed to bullish sign long trade analysisUSOIL is headed for a strong bearish trend there is sign that this downtrend may be over. While earlier bullish, oil neared the 100 EMA, rejected strongly and down. But this time, the oil broke the 100 EMA and moved very strongly bullishly. Oil is currently trading at a level it previously strongly rejected. If can break this level and show growth, you can make a profit on long trades.
USOIL BULLISH hello big trader boys and big trader girls , this is my first idea on tradingview
after doing analysis on USOIL on the Daily T.F .
USOIL looks bullish to me we have a double bottom with a broken neckline and managed to break a really strong trendline i think that it will be bullish and we will see usoil on the 102-103 levels soon i would wait for a neckline retest before opening a trade .
this is just my idea feel free to share your view on it on the comment section.
make sure to follow and like for more ideas ;) goodluck traders lets make that money
US OIL BuyThe US Oil is making Descnding channel. If it breakout it's trendline strongly then look buying opportunity on it.
USOIL, Bullish or Bearish?Hello Traders,
USOIL has been moving within a strong reversal structure since the end of June making multiple swing highs & lows indicating that we could see price breakout creating upside momentum soon or we could see a continue downward if price is unable to stay above the 90.40 level.
If price impulsively breaks out of this reversal stucture, I would be requiring to see a bullish continuation correction consisting of 5-6 candle sticks to validate a buy opportunity with my target range just below 105.00 level.
If we are u able to see a breakout and price pushes downward, I would be looking for a LTF reversal at the mid 85.00 range for another buy opportunity.
Thanks
Trade Safe
Might not short yet..Quick analysis for the next few days :
- Most of my indicators indicate a long
- The russian oil ban is still in vigor which means higher prices will probably remain
- Production hasn't really been increased
- China / taiwan situation
And simply
- It went down quite a lot lately and may need to go a little higher if it wants to go down THAT bad.
Tell me what you think, what are your bearish arguments on oil ?
What's next for oil?I think oil is likely to go up in next 2-3 trading days. Have completed 5 wave down.
0208 USOIL is looking for a support signal to lont back to 100Hello traders,
USOIL is testing the support zone on 4h chart.
We are waiting for a new signal to long it again.
1st target is 100.
Good Luck!!!
LESS IS MORE!
⁉️ USOIL - Market AnalysisHello traders!
⁉️This is my analysis on USOIL .
Here I expect the price to go a little bit down and to continue the retracement to close the gap above around price level 103.65.
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👉 USOIL The main goal is to decline to support levels👉 USOIL The main goal is to decline to support levels
The emergence of an uptrend from a support level with a breakout of a downstream channel
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USOIL Long: Bearish Butterfly, Tweezer Bottom & Fib ExtensionTrend: Upward
Candle Sticks: Tweezer bottom at the new LH.
Support & Resistance: Support at LH and Resistance at TP1 and TP2.
Fibonacci Retracement and Extension: Retracement level of the previous rally is around 0.6 and the next HH would be around 1.2-1.4
WTI short term trading & flying to the moon 29 JUL 2022 Crude oil short term trading alerts
3 steps must fullfil before entry
1. 1st breakout done
2. Retracement done
3. 2nd breakout and see you in the moon
Trading alerts always available to give
Good luck traders....
Crude oil is headinding towards Bull sideHopefully US oil is moving towards the long side as the major support is re tested several times. So kindly do ur own research and take right entries.
USOIL probability bullish for 108.8014th july daily key reversal bar indication for strength ahead. Demand zone 95.20-00, if price fails to hold it then next demand level 91.70. initial target 99.50 while longer term target 108.80.
US OIL MARKET BREAKDOWN The above chart is USOIL on the 4hour and this should be the primary focus for the next two weeks. As stated in the last breakdown USOIL made a V SHAPE recovery which was bullish and sellers have failed to make a 100% retracement. We now have a gap close to the important zone of $104.60 and we can bet if price comes back up to this level to fill the gap it will break through and create that fake out scenario BUT price should go to the 78.6 fib which lines up very close to liquidation region which would be my ideal zone to short from.
KEY ZONES
• $111.60 - Swing high
• 107.90 - Bearish below but bullish above
• $104.60 - Significant support/resistance zone
• $92.00 - Short below with strong closes below
• $90.60 - Swing low
• $86.90 - Next swing low target
So, we have covered USOIL and we know it isn’t dropping to the very lows anytime soon and this bearish move we are seeing now is simply the correction from APRIL 2022. Now I’m not saying USOIL is bearish overall but it is in the short to midterm but we know that with the current economic state and conflict in Europe that price can go anywhere hard and fast. Ideally as USOIL is now bearish I would be shorting and now I wouldn’t be interested in a long until we have seen that $76-$74 region (Remember to trade the trend).
USOIL could absolutely fall off to $86 from this current location but as you can see, I have more reason to believe we will have one more push up to wipe out the highs.
Expecting a bullish setup USOUSD for the week of 18 July, 2022The daily chart shows we have solid support between 93.58 and 98.70. Recent price action with a long wick pin bar confirms my bias.
As shown on my H4 chart, I am looking for a break above the trendline with a retest to confirm my bias and to go long.
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Always use sound money and risk management and stay patient in all your trades.
