Crude oil, today's strategy is bearish
Crude oil is now clearly in a bearish trend. The k-line starts to exert force from the upper rail, the big Yin line breaks through the middle rail, and the k-line goes all the way south to the lower rail. At present, the k-line directly dives downward, and the Bollinger Band track is also opened downward. The opening is gradually enlarged, the lower triple bottom is near 79.0, the big Yinxian will inevitably break through, empty, 79.0 air
The market continues to consolidate weakly in the bottom area, and the overall oscillation at the support level of the trend line has now converged. We can clearly see from the attached picture below that the bottom area signal has appeared yesterday, and the bottom area in the early stage is relatively stable. In terms of a wave of rebound, yesterday’s intraday reappearance is relatively a rebound. In the short term, we can focus on the pressure. Only when we recover the lost ground will we go up further. , the specific suggestions are as follows:
Operating strategy: crude oil 79.0 empty, take profit 78.5-78.0,
Crude oil 78.0 into,
Usoilsetup
Crude oil: high, short-term first look at the fall
Judging from the current price action, crude oil bulls have encountered a slight resistance, indicating that the market may start to weaken. After experiencing a wave of unilateral gains, the crude oil market was challenged at the 85 level, which may be due to a certain degree of exhaustion in the market, which led to a slight correction. Despite market concerns about an economic slowdown, demand remains resilient, and the fundamentals of the crude oil market look much more optimistic than a month ago. At the same time, due to OPEC+ and Saudi production cuts, supply is decreasing, and short-term crude oil prices may hit 85 again.
When the price encountered obstacles near the upper track and fell back, the price rose twice and failed to stand on the 85 line. There are signs of a short-term fall. The price fall is just a normal correction in the process of rising, and it does not mean that the direction is reversed. Watch the market The price retraces slightly, and there is a risk of continuing to go lower. In the short term, we will first see a wave of decline, and then continue to continue the upward trend. The price fell below the first-line support of the middle rail, and there is a possibility of further decline. In the short-term within the day, we need to pay attention to the support near 82.5 below. Once the price falls below this position, it is possible to step back on the first-line 81.8. In terms of short-term operation ideas, we should first take a wave of prices Stepping back, focus on the resistance in the 82.8-83 area above.
Operating strategy: rebound in the 82.8-83 area and short, stop loss 83.4, target 81.8
Crude oil: today's trend
Crude oil may sell a lot at the moment, so the 84 line is directly empty, because crude oil has reached the top, and it is currently closing the shadow line. If the k-line can be so strong, then he must have a bad fall. It is an extremely dangerous trend, the k-line will definitely return to the moving average, empty, 84 is directly empty.
Operating strategy: crude oil 84 empty, stop loss 85, target 78
Daily line level, unilateral rise; moving average long line, MACDaily line level, unilateral rise; moving average long line, MACD golden cross, KDJ high passivation, before falling below the 5-day moving average 81.76, there is still a chance for oil prices to rise further, focus on the resistance near the April high of 83.51, if it can top If this resistance is broken, it is expected to open up new upside space. For further resistance, refer to the position near the high point of 84.70 on November 10, and the resistance at the high point of November 16 is around 87.48. However, the resistance near 83.51 is strong, and the MACD has initially sent a top divergence signal. It is necessary to beware of the risk of oil price shocks and the possibility of shock adjustments. The lower 5-day moving average is supported around 81.76, and then the 10-day moving average is supported near 80.92, 80 The integer mark is also where the psychological support is. If this support is lost, it will increase the possibility of short-term peaking; last week’s low point support is around 78.68. For strong support, refer to the 21-day moving average around 78.19. If this support is lost, it will increase the bearish signal in the market outlook .
Crude oil operation strategy:
Rebound to 83.2-83.5 short, TP82.5, TP81.8
Step back to 81.4-81.7 to do more, TP82.4, TP83.2
USOIL: Crude oil strategy for MondayCrude oil trend analysis
Oil prices held firm on Friday and were on track for a sixth straight week of gains, as Saudi Arabia, the world's second-largest crude producer, extended output cuts and Russia, the world's third-largest crude producer, pledged to cut exports further. On Thursday, Saudi Arabia extended its voluntary oil production cut of 1 million barrels per day until the end of September, and the daily level of crude oil fluctuated at a high level; oil prices returned to above all moving averages on Thursday, and the MACD golden cross signal continued, weakening the short-term bearish signal. Beware of the possibility that oil prices will continue to fluctuate and rise. The initial resistance above is at this week's high point of 82.40. You can also refer to the position near the high point of 82.61 on January 23. For further resistance, refer to the position near the April high point of 83.51. If it can be broken further , it is expected to open up new upside space. As the high "swallowing bearish" signal has not been completely destroyed, the resistance around 83.51 is strong, but before breaking through the recent high of 82.40-83.51, we still need to beware of the possibility of oil price shocks and peaking. The initial support below refers to the 5-day moving average Around 81.39, the 10-day moving average support is currently around 80.45, the overnight low point support is around 78.68, and the 21-day moving average support is currently around 77.72. If this support is lost, the possibility of short-term peaking will increase.
Crude oil operation strategy:
SELL: 83.6-83.9
TP1: 83.2
TP2: 82.6
BUY: 81.7-82
TP1:82.5
TP2:83
Crude oil: Crude oil unexpectedly fell, but there is still a new
From the online point of view, there are signs of closure. The price has retreated sharply after encountering resistance near the upper rail. At present, it can only be regarded as an adjustment during the previous rise. The price will not just go down directly. It is expected that the short-term will be around 80 The dollar is consolidating around. With an opening in 4 hours, a big negative line directly fell below the first-line support of the middle rail, and it is currently stabilizing near the lower rail. The short-term price may test the low point of last night again. It is necessary to pay attention to the support at this position. If it can hold, then the short-term The price will have a chance to rebound again. The operation idea is to look at a wave of rebound after the price retraces and stabilizes.
Operation strategy: call back the 78.3-79 area to do long, stop loss at 79.6, and target 81 to short
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Crude Oil: Unchanged
Crude oil prices continued to fall at the opening, and basically returned to the support level around 80.9 as expected to stabilize. Multiple orders have entered the market. Friends who have followed the article's ideas and operations are already making profits. The short-term goal is to look at the high point around 81.7. The price will break through. Continue to look at target 82.6.
Continually updated
USOIL: Crude oil view and operation
In the afternoon, there is eai crude oil inventory data, which is expected to be more crude oil, so it is safer to choose to withdraw before this, in addition, it can be manipulated after the data is released, and the current resistance level of crude oil is 77-80, and the support level is 74-72.
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USOIL: Intraday crude oil analysis, is the retracement an opportThe overall trend of crude oil was strong yesterday, and it was a slow rise. Although the volatility is not large, the trend is obvious. A hammer line is charged on the daily line, and the price is running above the moving average. As long as the MA10 is not broken, the oil price will continue to strengthen.
So the overall idea today is to look at the strength above 70, but since the bottom retracement point is at 69.7, then if we synthesize it within the day, the strength above 69.6 will remain unchanged.
The bullish point focuses on the upward trend of 70~70.2, the lower point is 69.6, and the target is above 71.4 (personal opinion, not as an actual operation signal)
USOIL: 70-line long-short competition, today's analysisToday is the weekend and the last trading day at the end of the month, and the volatile market will be relatively large in the future
But I predict that there is a high probability that oil prices will stabilize at $70 today
Analysis: At present, continue to pay attention to the middle track of the hourly line. As long as this position is not broken or the big Yin line is lost, the shock will continue to rebound. Channel guidance, the upper track can point to 71.4; next, pay attention to 70. I have not been able to stand on it effectively in the past few days. Is an opportunity to continue bullish; there is such a trend now
Let’s talk about the small probability event. The oil price stepped back on the 69 line and touched the bottom channel line. After adjustment, it is pulling up. Since today and Friday will be affected by a lot of unstable data, it is best not to save the crude oil position reduction operation until next week!
USOIL: Intraday short-term strategy callback 69 to do moreCrude oil is still bullish at the moment, because the bottom is an obvious triple bottom, plus all the positive closing lines, this is a signal to continue to stop the decline,
At the same time, crude oil is also operating in shock, the shock area is 67-74 line,
Intraday strategy BUY69, SL68,
Crude oil trading advice today
Over the weekend, OPEC decided to cut oil production, which made the market worry about whether the supply side will affect the global economic recovery. At the same time, oil prices also showed a gap and opened higher this morning. At present, they have pierced the previous platform high but the action of rushing up and falling back has also come to an end. Appearance, indicating that after a quick wash here, it is more conducive to the bulls to advance downward, so today we wait for the opportunity of low bulls after the fall.
Although the daily line of crude oil has risen and fallen this morning, the fundamentals of the rise have not changed, so we continue to be bullish.
The intraday pressure is 74~75, and the support is 72.70~72.15.
Trading strategy:
buy@72.70 tp1:74 tp2:75
Next, there will be many trading opportunities for crude oil. I will provide you with more signals. Don't miss the opportunity to make money!
Crude oil transaction analysis
The U.S. debt ceiling negotiations failed to reach an agreement last week. Although they will continue on Monday, there are some concerns in the market, which put pressure on oil prices, and U.S. Treasury Yellen's speech on the possible need for more bank mergers has also increased market concerns about the banking turmoil and crisis.
At present, it is already showing a weak trend, but the support of the uptrend line below is relatively speaking, and it is expected that the narrow volatility adjustment will continue in the short term. In terms of operation, we will continue to short at a high level.
Trading strategy:
USOIL:sell@72.7-71.7 tp71-70.7
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Crude oil trading signals today
As I analyzed for you before, although we did not give us a short position of 73 yesterday, the overall direction is still correct, and the market as a whole has not fluctuated very much, and it has remained between 73-70.
At present, international oil prices are rising, and investors are cautiously optimistic that the risk of U.S. debt default will subside, but the expectation of further interest rate increases by the Federal Reserve still restrains the rise in oil prices.
Crude oil trading strategy on Friday
USOIL:sell@73-73.5 tp72-71.5
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. If you need signals, join me as soon as possible!
USOIL Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USOIL top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USOIL Long Strategy / Flip.What has really happened?
Drawing from reserves? Pushing the price cap narrative? They are all temporary relives, just like a plaster/bondage on a wound. Chinese demand will pick up and war continues, and latest developments around south korea...
I believe the Oil Rally is far from over, and the longer the spring is tried to be controlled/held, the harder it will be released back up.
With OPEC+ Set to meet this week, and the possibility of reduction of production, intimation of South Korea, WTI prices will also be effected indirectly for sure.
I believe the strategy is pretty forward with 3 TP targets on long, and should we cut our losses and move short before longing again, 1 TP for short.
TVC:USOIL
USOIL - 240 MINS TIMEFRAME USOIL
The Structure looks good to us, waiting for the this to correct and then give us these as shown on this instrument (chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
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