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Usoillong

USOIL, The path to 100Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Oil prices recovered losses after falling more than 3% the previous session, as investors assessed the impact of reducing Russia-Ukraine tensions against a tight global supply-demand balance. The market seems to be moving in a positive way after seeing the Oil prices rise mainly because of the tensions between Russia and Ukraine and today it's trading at 92.90 per barrel with a Bullish candle showing on the charts. We might see a drop back to the main support area located near the 84$ zone where a big battle will happen between the Bears and the Bulls over control with the outcome being most likely to the Bulls. Technical indicators show : 1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign) 2) The MACD is above the zero line indicating a Bullish market with a positive crossover between the MACD line and the Signal line. 3) the RSI is at 66.48 showing Great strength in the market with no Divergences found between the market and the indicator. Support & Resistance points : support Resistance 1) 90.27 1) 96.47 2) 86.38 2) 98.78 3) 84.07 3) 102.67 Fundamental point of view : Moscow's statement on Tuesday of a partial army withdrawal from Ukraine's borders was treated with skepticism, with US President Joe Biden warning that more than 150,000 Russian troops were stationed near the frontiers. Aside from the Ukraine crisis, the oil market remains tight, and prices are still on track to reach $100 per barrel. While the Ukraine situation raged on, the US Labor Department revealed that producer prices rose by the highest in eight months in January, a reminder that high inflation may remain for the rest of the year. Investors are looking forward to the Energy Information Administration's weekly report on US oil inventories, which is due on Wednesday. Last week, crude and distillate inventories in the United States may have fallen by 1.5 million to 1.6 million barrels. According to market sources on Tuesday, data from the American Petroleum Institute revealed a decline in crude, gasoline, and distillate stocks last week. This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
TVC:USOILLong
by GabiDahduh
US OIL MARKET ANALYSIS - WEEK 7WTIUSD - ANALYSIS From the last post we can see that price has followed projections almost perfectly. At the start of the week we took a short which was stopped out. Unfortunately we were in the market to early but I am still happy to see that we can predict the moves of the book markers. OIL declined due to easing tension with Russia but an agreement has not been met so price can still be volatile. We took a long from 90.80 giving us a total of 210 pips profit from where we took profit. Some followers are still holding for the swing. Above $93 and OIL will be bullish but below we can test the daily lows again and even dip lower to 90.20. 90.20 is the absolute maximum bearish threshold OIL can endure as any closes below it would change price structure. On the daily OIL created a new lower high which is a good sign of more upside to come but again OIL needs to go above $93, if OIL does get above that region then $97 is the next target. I am currently assessing price and waiting for the next entry. Any peace agreement in Russia and OIL will take a serious hit but inflation is still a driving factor at this point.
TVC:USOIL
by UnknownUnicorn33264805
Nice Potential Wyckoff USOIL - Nice Schematic almost complete, i've entered this trade early just in case we don't get a pullback to the imbalance below which would be my ideal entry, (If we do im happy to take the DD/buy in again as long as we get the LTF confirmation and the structure doesn't break). I'm trading with the HTF bullish PA and structure, we have many confluences to go long here. 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
BOS - BREAK OF STRUCUTRE ✅✅✅🎯 WHAT IS BOS ? BOS - break of strucuture. I will use market strucutre bullish or bearish to understand if the institutions are buying or selling a financial asset. To spot a bullish/bearish market strucutre we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market strucuture we should see bullish price action above the last old high in the strucutre this is the BOS. 🎯 BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move Kindly see attached photos
BINANCE:BTCUSDEducation
by AnonimFXRO
HTF intention with LTF execution 📉📉📉🎯 I will try to explain how do i use HTF in order with LTF. ✅ HTF - higher time frame usually those are timeframes that are higher then H4 like D1,MN1. ✅ LTF - lower time frame usually those are timeframes that are lower then H1 like M30,MAT,M5 When i take trades i wait for price to approach a HTF POI and then zoom out on LTF to find a better risk-reward entry like the photo says HTF intent LTF execution helps you to get a better risk-reward ratio and a higher probability trade, this is working on every financial asset from crypto to forex to commodities and stock market ✅ POI - POINT OF INTERES an area in the market where price have a higher probability to go bullish then bearish lets say 70/30 % probability. Example price come into a ,,support,, area this means we have a BULLISH POI we have a better probability to go higher then lowe
BINANCE:BTCUSDEducation
by AnonimFXRO
US OIL MARKET BREAKDOWN Good Evening everybody and welcome to tonight's breakdown // Just to introduce myself I am the new analyst for USOIL_SIGNALS so I hope you enjoy my charts. OIL has been declining since kissing $93 a barrel and is currently having a steep correction compared to the last one we saw and this has been marked for you. Below 89.40 it's likely that we will see oil meet the very bottom target and a low point of 84.33. If oil doesn't break 89.40 then it should continue to the upside...Oil has been in a steep bull run with little pull backs due to the economic data which has been released. Russia will have no effect unless war breaks out or sanctions are in place as modern war is now my guns are bigger than your guns...don't get excited and jump on the media hype! I am favouring the bottom liquidation region as my buying area as this will have provided oil will a deep correction, a major liquidity point due to the range zone and it would also complete the bottom of the higher low trendline which we haven't tested in a long time. If my bur orders are fulfilled then I will be targeting $94-97 for around 1000 pips profit. Yours truly - B
TVC:USOIL
by UnknownUnicorn33264805
6
US OIL MARKET BREAKDOWN Happy weekend traders; Lets get into oil... OIL pushed towards the 92.50 zone which was marked on the last breakdown, we didn't take a long in the market because we were stuck in a ranged area and as we know we can break either way in a range area. OIL is pushing up inline with inflation and again has broken the trend. judging by the candles shown oil will have a normal pullback from this region and I aim to take the long should the appropriate set up come through. There is nothing new with oil and it is respecting all projections stated in the breakdowns.
TVC:USOIL
by UnknownUnicorn33264805
Potential Crab Forming 🦀USOIL - Potential Crab Forming, bullish PA, price is currently rejecting from the daily break of structure with bullish momentum, I'm looking for either a retest from a LTF demand zone or another retest of the Daily BOS before taking this long. (LTF tells the story for entry!) * 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
US OIL MARKET BREAKDOWN Good Evening traders; First of all make sure you are following the signature at the bottom of this idea...150 pips profit secured today. Now lets get into it; Oil had some slight pullbacks but ultimately we closed bullish...I never say never but 80.20 is highly unlikely at this level so 84.50-30 now becomes my region of interest for a swing buy. This level is still possible as should any of the current structure give way then the old structure lies below at the stated zone. PLEASE DO NOT THINK I AM BEARISH...I HAVE BEEN CALLING $90+ SINCE DEC 21 BUT I AM MERELY SHOWING THE POSSIBILTIES OF PULLBACKS BEFORE THAT REGION COMES THROUGH. If OIL starts pushing any higher into the $90s before a retest of $84.50-30 then it will do so quickly and with volatility. Ultimately I am waiting on a manipulative drop to buy oil but I need to sit on my hands and wait for this. My bias hasn't changed and I have marked my next regions of interest. The longer oil goes on without a proper correction (Lots of untested regions of support) the harder it will fall when it does...this is why I am waiting for the drop first. Oil reacted perfectly with all given zones today.
TVC:USOIL
by UnknownUnicorn33264805
11
Short then Long (Entered this scalp earlier) Currently short on OIL and looking to take it towards the S/D zone or channel bottom, before then I'll look for reversals. This is a retracement, price is still very bullish on higher TF's and fundamentals. * 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
US OIL MARKET BREAKDOWN Hello traders and welcome to our opening week breakdown...Lets cover oil in all its glory. After Tuesday oil broke away from it's bearish correction before reaching it's target zone...I stated we must stay open to this idea and that oil could do this although it's in need of a pullback. As oil pushed higher during the week we have another bullish weekly candle and we can expect price to go higher but until there is a clear break above 87.97 then I would be open to the possibilities of those pull backs first. We had two daily DOJI candle's showing indecision at a crucial zone so price will get interesting from here. Please don't think I am being ignorant to the bullish move as I stated oil would have a very bullish Q1 and Q2 expecting price to breach into the $90 region so we are still inline with the overall analysis. As stated before Oil will need some serious momentum and drive to breach this $87.97 region...this breach will either come from technical or fundamental data. If the breach comes from fundamental data (news, data, inflation etc) then the move will be large and parabolic but should the move come from technical data then we need to open to ideas of pull backs to obtain liquidity. The longer oil goes without a significant pull back the more volatile the drop will be when it does come. We can see that oil has met a ranging region which it needs to break from either way...the candles show downside but Between 84.64 - 87.97 the areas are very choppy so we can't rely on candle data alone. Confirmation is needed but likely when the move comes it will be fast. I am looking to long oil from SIGNIFICANT PULL BACKS ONLY (MANIPULATION). Set ups are available by following the signature.
TVC:USOIL
by UnknownUnicorn33264805
1