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Wtisignals

WTI OIL high chances to break its bearish channelPattern: Channel Down on 4H. Signal: Buy if the Lower Highs trend-line of the Channel Down breaks (practically if the 0.786 Fib breaks), as this time the price broke the 4H MA200 (as opposed to September 18) while the MACD is on a Bullish Cross. Target: 43.00 (the 0.918 Fib, last Resistance before a full recovery). Most recent WTI OIL signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingSafely --------------------------------------------------------------------------------------------------------
TVC:USOILLong
by TradingShot
Are we looking at the biggest crash in the market??Based on my analysis I believe we are approaching another crash in the market, probably the biggest one yet.. NASDAQ is rising on hopes and dreams, FED are pumping money into it left right and center, and it has reached a new high. There is a considerable amount of divergence on EVERY time frame and yet price has barely gone down. Dow Jones is approaching its previous highest high where it took a tumble SP500 is also doing the same as DOW And now OIL is reaching a point in the market where it previously crashed I suspect Nasdaq will flutter around and consolidate until DJ30 / US500 and Crude OIL catch up and then everything will crumble at the same time. I may be wrong but these are my thoughts on this madness
TVC:USOILShort
by FXKing009
1
Oil ( WTI ) Bulls are slowing down.The bull run in WTI is definitely losing momentum. It is evident from the fact that negative divergence is coming in play between the price structure and MACD, after the 5 legs impulsive movement. Now the price is stuck between the key support at 34.86 and the critical resistance zone from 39.60 to 42.00 above. I have marked the two possible scenarios: 1. The bulls giving up immediately from the current levels ( marked in yellow ) 2. It may get one more push higher to the critical zone and then start the correction towards 33.60/30.30/28.40 & 24 based on the Fibo levels.
TVC:USOILShort
by moneytize
6
USOIL range still in playAs the API report yesterday was worse than anticipated, a small drop followed. However we can expect huge movement this week leaning towards the EOW. Once in the range, boolinger bands can be a decent indicator amid the swings within the range. But i would advise to take precaution as the channel has been holding for over a week now signifying a move is awaiting. under 24.6 we can expect downward action with targets 23.5 & 22 and 20. upwards we can target 28.8 > 30. lets see what this range brings us and remember to use stop loss! Check for yourself if the risk is worth the reward youre looking for and good luck out there! Comment/ like if you appreciate the post and let me know if you are interested in short/long term views in USOIL.
FX:USOIL
by Leezz
WTI US OIL Outlook : High chance of a SHORT OPPORTUNITYHELLO EVERYONE, FEEL FREE TO LIKE AND FOLLOW IF YOU LIKE MY IDEAS! First of, H1 Time frame, shows a recent bearish double top pattern that lead to a sell off to the nearest support level @ 25.00. This is followed by a SHARP REJECTION at the resistance line @ 27.70, proving to be a tough barrier to break through. WTI is now fighting in the 25.00 - 26.00 range Possible Opportunities: - An hourly candle CLOSE ABOVE 26.00 followed by bullish confirmation would see WTI retest the resistance of @ 27.70, giving us a possible LONG opportunity to 27.70 - A BREAKDOWN BELOW 24.50-25.00 area of support would see us a SHORT opportunity to TP1 @ 20.60, an area of major support As always, remember to place your stop losses and good luck! Regards, Gol D Roger
TVC:USOILShort
by Gold_D_Roger
WTI Crude Oil - updated entryThe USOil is now finding a strong support level under the previous demand area $51. Already creating a double bottom formation, we now expect a break upwards. The uptrend should start to form now with prices bouncing above the 50-100 EMA's. On the retest of the $ 52 level, we can put our pending buy orders. The target is $ 59. We might close part of positions at the 200 EMA. We will monitor price action and update the idea as usual. Traders, If you find this complete analysis on point, please subscribe for more free market analysis to come.
TVC:USOILLong
by TradingExpertGroup
2
WTI OIL Buy SignalPattern: 1D Channel Up. Signal: Bullish as group of parameters is fulfilled: 1. Reached the Higher Low of the pattern, 2. Made contact with the 1D MA50, 3. Hit the 1.3 Fibonacci retracement level after the Iran attacks, 4. The RSI is on a 3 month support level. Target: 64.00 (Higher High trend line of the pattern) and in extension (depending on the geopolitics at the time) 66.00 (just below the 1W Resistance). See how accurate this pattern with Supports and symmetrical Resistance levels has been in the past:
FX:USOILLong
by TradingShot