Usoillong
USOil (WTI) Trade IdeaUSOil exhibits a break of market structure on the 4-hour timeframe. We anticipate a retracement towards the 61.8% Fibonacci level, presenting a potential long entry opportunity. Set stop losses below the previous swing low and target the previous high.
Jump on the Oil Trend as Russia Refineries Attacks Drive Prices I wanted to bring to your attention the latest trend in the oil market - prices are on the rise due to recent attacks on refineries in Russia.
These attacks have caused disruptions in the supply chain, leading to an increase in oil prices. This presents a great opportunity for you to capitalize on this trend and make some significant profits by going long on oil.
Don't miss out on this golden opportunity to make some quick gains in the market. Take advantage of the current situation and place your bets on oil to see your investments grow.
So, what are you waiting for? Get in on the action and go long on oil today
Don't sell oil easily. Very risky
The trading opportunities for oil are not very big at present, but mainly fluctuate within a narrow range. After the news boosted strength. The price is still fluctuating around 81. I made a profit by buying oil prices around 80.7 in the morning, and the U.S. market is about to begin, judging from the 1-hour trend chart. The trend is still mainly bullish. MA is also supported.
If the U.S. market falls back around 80.7, I think there is still a chance to buy, and we will trade based on the timing and conditions.
USOIL:Support at 80.2, resistance at 81.3
Let’s first look at the support in the 80.5-80.2 range. If the support is valid, go long. The indicators are now more favorable to shorts, with resistance around 81.3.
If it falls below 80.2, there will be a small rebound, but 80.5-80.8 will become strong resistance, so the risk of shorting is smaller and the profit opportunity is greater.
USOIL WTI Trade IdeaUSOIL is exhibiting a strong bullish trend on the 4-hour timeframe, marked by clear higher highs and higher lows. We'll are watching the 50-61.8% Fibonacci level for a potential entry point. However, this trend is advanced, and a bearish reversal could occur at any time. Trade cautiously, prioritize risk management, and remember – this is not financial advice.
USOil WTI Technical Analysis and Trade IdeaI posted a trade idea a few moments ago, this is the video explaining my idea. There are important points in the video that are noteworthy.
USOIL is exhibiting a strong bullish trend on the 4-hour timeframe, marked by clear higher highs and higher lows. We'll are watching the 50-61.8% Fibonacci level for a potential entry point. However, this trend is advanced, and a bearish reversal could occur at any time. Trade cautiously, prioritize risk management, and remember – this is not financial advice.
USOil will it cross 82 level?**Monthly Chart**
Last month's candle closed Bullish suggesting the trend to continue moving higher towards testing MC level of Oct 2023 at around 90 level. This month candle continues the bullish move and now moving near the low of Oct 2023 bearish MC at around 80.79 level. If the price is able to break this level, then next target will be around 90 level.
**Weekly Chart**
Last week candle closed bullish after breaking the high of the Feb 2024 candle. Last week there were good buying opportunities on USOil. The question now will it continue moving higher and cross 82 levels?
**Daily Chart**
I am expecting a continuation of this trend higher. I will be looking to buy the dips with a good confirmation to start the new upward swing. Next target will be around 84 and then 90 levels.
Crude oil Bullish remaining year
The oil keeps breaking higher high
bullish market structure
you can take trades on a retracement at 1 hour, 15 min timeframe
until market respects higher low
USOIL Trade IdeaUSOIL is trending up on the 4H time frame, we are looking for an entry point at the 61.8% retracement level with targets being the current price swing high and a 50% measured move. SL below the previous swing low.
USOIL LongReason:
Market structure is bullish
Fair value gaps
Break of structure
COT data showed me that last week smart money have been going long on OIL
i always take trades on the 0.8 level of fibonacci retracement but ive been trying something different and enter on the 0.618 level and have a set R.R of 2.5. dont see this as a signal but just an idea
USOIL - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USOIL.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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USOIL H1 / Long Trade Execution Idea 💡💲Hello Traders!
This is my idea related to USOIL H1. I expect the price to go bullish as it reacted perfectly from the OB level and also the support area. I expect the following scenario, the price will retrace again in the OB area and after that, I expect it to rise until the price of 79.45.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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Usoil-Breaking through the shock range
Yesterday, representatives said: OPEC+ agreed to extend the reduction of positions until the end of the second quarter
Last Friday, oil also hit a new high this year, reaching a maximum of 80.8. OPEC's reduction in positions will also be beneficial to the rise of oil in the short term.
Therefore, oil is still waiting to fall to the support point to buy. Only by controlling your position reasonably can you make a profit.
Join me and follow my strategies, your trading success rate will be higher
USOIL H4 / Long Trade Opportunity ✅💲Hello traders!
This is my idea related to USOIL H4. I expect the USOIL to go bullish after the retracement from the OB and supply area.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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WTI LONG Waiting for a 4 h close above blue line 79.097 to confirm rejection and the up trend from current levels in order to go long
The rules for making money in oil in the short and medium term From the four-hour chart of crude oil, oil prices are still in the rebound stage. Mainly fluctuating and rising, it continues to test the upper edge of the channel. Judging from the past background of this round of testing, the accumulated momentum is sufficient, and the mid-term trend will mainly be upward.
The short-term support is mainly strong support from OPEC production cuts. The demand for oil prices has increased significantly, and geopolitics has once again consolidated the status of this hard currency. If the dollar falls due to some economic fallout, oil will rise even faster. Trading on March 4 was dominated by buying at low prices. Buying transactions can be conducted near the price of 80. If you are a mid-term trader, you can buy at low prices in batches. The target position for this week is above 83. Whether you are a mid-term trader or a short-term trader, you need to pay attention. You can stop trading after making a profit. Prevent profits from blowing back and causing losses at the same time.
This price is based on the tradingview oil price as a reference.
Accurate prices and trading opportunities for real-time trading. Stay tuned. TVC:USOIL FX:USOIL FOREXCOM:USOIL GBEBROKERS:USOIL FX:USOILSPOT BLACKBULL:USOIL.F
Usoil long Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today.
Confirm Chart
Usoil up long
USOIL - 1H - LONG POSITION - SUPPORT & RESISTANCE In this chart we draw support & resistance to calculate our entry, stop loss and target profit.
so we assume a long entry and we added entry levels
USOIL/ USD Long Looking for another repeat entry from last week. At a point of entry at the moment but will wait to see how things look at 6am gmt after the 4h close and pre london open to take it back to 78.500
Usoil up weekly Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news weekly confirm signal
USOIL M30 / Expecting a Short Move after taking PMH 🛢💲Hello Traders!
I set a pending for USOIL M30. I expect the price to take the PMH and after that, I will look for a short trade opportunity. The target will be the first BOSS.
Waiting for confirmation.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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USOIL - Look for a long ✅Hello traders!
‼️ This is my perspective on USOIL.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I want price to make a retracement to fill the imbalances lower and then to reject from bullish order block + trendline.
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