Crude oil bearishHere is my technical analysis on crude oil, on a 1hr time frame. If oil break my support level to the down side, after a pull back aka a retest between 0.618% and 0.50% a completion of M parten on an hour time frame I them jump in with a sell position. Crystal 🔮 clear analysis 👌.Shortby Ronaldo_fxPublished 667
Oil in multi year Re-Accumulation.harmonic completed, into 3 higher lows, holding the 200 week SMA as support after faking out a breakdown. Macd showing bullish divergence. possible catalysts : Middle east conflict. Donald Trump getting into office, claimed he will refill the SPR. Or just plain old Inflation. maybe all three. Typical conservative target is the 618 fib, then the 786 and 886. assuming a perfect storm were looking at oil breaking to new highs. Longby MikeMMPublished 115
USOIL Potential Rise Hi The price has the potential for three price targets, with a bias of 77.53 from a low of 73.72 in the dragon pattern. An ideal stop-loss area would be at 71.63, and an ideal entry point would be a valid bullish pressure above 1.272. Happy Trading, K.Longby KhiweUpdated 2
BUY AT 76.06Place an order at 76.06 and it easily hit over target and if it not trigger over target then we enter at cmp price Longby samiiqbal64051Published 0
Short USOILUS Oil making a bearish divergecne, rising wedge revesal these are the signs of bearish trend, I put my sell stop order at beark of HL, we can make a good profit.Shortby EhtishamAhsanPublished 0
US Crude Oil: Elliott Wave Analysis Predicting Major Move AheadIn this analysis, I’ve mapped out a potential Elliott Wave scenario for US Crude Oil (WTI) on the daily timeframe. We are currently seeing a complex corrective structure unfolding, characterized by a WXY pattern. Key Levels to Watch: Support: Around $60 (possible Wave B termination)Resistance: $120 (potential Wave X top) Outlook: Expect a potential move to the downside as Wave Y completes. This could present a strong selling opportunity if the scenario plays out as anticipated. However, be cautious of false breakouts and always manage risk effectively. Shortby WavePremierPublished 3
USOIL Potential Downtrend Line Breakout At $76.67 09.08.2024Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby Stuart_CowellPublished 1
Long Setup On Oil To Get 500 Pips After Daily Closure !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Longby FX_Elite_ClubPublished 10
#WTI H4 volatility squueze.I was actually lloking for short opportunities as I was scanning across multiple assets on mulitple time frames, one of my go to indicators TTM was plotting red dots, with positive momo, along with RSI crossing its ma, BB also tight, it was a classic set up, took 12 hours to develop.Longby TheRealMongoosePublished 0
Crude_Oil (WTI)"All new news is old news, happening to new people." - Malcolm Muggeridge 08/08/2024: I can't say to you the price will go up or go down in the short term - what I know is that what goes up will go down, and what goes down will go up, and as market patterns repeat themselves, all price levels re-test with time. "The big money is not in the buying or selling, but in the waiting" - Charlie Munger. NB: In the waiting, apply a sound risk management strategy. Peace! V_Cash signing outby Vincent_CatchMoneyMagnetPublished 1
WTI USOIL 12H - Oil Edges Down on Thursday WTI Crude Oil Futures Dip Amid Geopolitical Concerns WTI crude oil futures fell to $74.80 per barrel on Thursday, following a 2.8% increase in the previous session. Investors are concerned about potential retaliatory strikes by Iran against Israel, in response to recent assassinations of Hamas and Hezbollah leaders. Despite these tensions, Iran's president hinted at possible diplomatic efforts to de-escalate the situation during a call with France. Oil Edges Down on Thursday Bullish Scenario: For a bullish trend, the price should stabilize above $75.35, targeting $77.94 and potentially $79.49. Bearish Scenario: Stability below $75.35, confirmed by a 4-hour candle close, could lead to a drop towards $73.90 and $72.80. Key Levels: - Pivot Line: $75.35 - Support Levels: $73.90, $72.80, $69.80 - Resistance Levels: $77.94, $79.49, $80.73 Today's Expected Range: The price is anticipated to move between the support at $72.72 and the resistance at $77.95. previous idea: by SroshMayiPublished 119
USOIL ( BETWEEN TWO TURNING LEVEL ) ( 4H )USOIL HELLO TRADERS currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 74.74 , remain this level it will be attempt to reach a turning level (1) at 76.25 . Tendency, the price inside two turning level around ( 74.74 & 76.25$) . Upward Zone : in order see increase , the price need breaking turning level (1) at 76.25 , by closing 4h candle above it , easily to reach a resistance level (1) around 78.53 , remain this level indicates the price trying to reach of a resistance level (2) at 80,75 . Downward Zone: by breaking turning level (2) around 74.74 , the price dropping to reach a support level (1) at 72.82, to confirm downward , gold need breaking support level (1) by open 4h candle below it to reach a support level (2) at 71.81 . TARGET LEVEL : RESISTANCE LEVEL : 78.53 , 80.75 . SUPPORT LEVEL : 72.82 , 71.81 . by ArinaKarayiPublished 6
Crude oil-where now?First things first, front-month WTI has pushed back over, and held above, mild resistance at $74 and so has invalidated the potential ‘head and shoulders’ pattern on the hourly chart from yesterday. At the same time, crude has managed to rally off Monday’s multi-month low and the price action since then has helped to provide an uptick on the daily MACD. But despite these bullish indications, there’s still no suggestion that crude is about take off to the upside. Instead, sentiment feels as if it has been sapped by the near-relentless four week decline. Prices managed a respectable bounce yesterday. Crude picked up steadily throughout the day before turning lower just after the European close. At the time of writing, it was testing $74 as support. If this holds, then we could see a further pick-up in prices which should help boost upside momentum. But traders remain mindful of the downside pressures on the demand growth outlook, due to China’s economic problems and the probability of a slowdown across the US.by mugginsPublished 0
EWTSU WTI H4 SUBMICRO WAVE 5 UNFOLDING EWTSU WTI H4 MICROWAVE 5 UNFOLDING submicro wave 5 of micro wave c unfoldingby francescoforexPublished 1
US CRUDE OIL (WTI): Important Bullish BreakoutUSOIL recently formed an ascending triangle pattern, which was confirmed by a breakout above the neckline. This could indicate further upward movement, with the next target for buyers being a descending trend line.Longby linofx1Published 9
USOIL SHORT FROM RESISTANCE Hello, Friends! Bearish trend on USOIL, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 71.64. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsPublished 115
USOIL Downtrend Line Rejection At $75.66 08.08.2024Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerShortby Stuart_CowellPublished 1
US OIL SHOWING A GOOD FALL WITH 1:10 RISK REWARDUS OIL SETUP TRADE WIH 1:10 RISK REWARD A good selling setup detected on US OIL It's showing a BEAR MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bullish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram BITCOIN SETUP TRADE WIH 1:10 RISK REWARD A good selling setup detected on US OIL It's showing a BEAR MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bullish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataramShortby tradergyan01Published 4
OIL POSSIBLE BUYThe market is currently testing the current weekly trendline for a 3rd bounce. Based on market trend, the market seems to have formed a Daily base by the strong closure. We could possibly get more BUYING opportunities coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Longby WiLLProsperForexPublished 1
USUOSD cash longTrying to get the bounce reaction my target in #WTI is toward 75,425$. From the lowest to the highest as i saw a rejection from the swing low. VANTAGE:USOUSD Longby JaytradermbUpdated 3
#OIL Elliot wave analysisAfter the bearish move that oil prices experienced until the fifth of August, it seems like the price has initiated another bullish move, which currently appears to be an impulsive wave. However, it should be noted that even if this bullish move is an ABC corrective wave, it makes no difference since the price could still go higher to complete wave C. Therefore, this bullish move seems probable for now, and we could look for buying opportunities near support levels.Longby mohematiPublished 2
USOIL Bullish (4h Div, Dow BOS)USOIL shows bullish momentum supported by 4H Div and DOW Break of Structure. Entry is taken at CMP with SL at previous LL and TP at 1:1 R:R. What do you think, will it work?Longby halian2kPublished 3
Crude OilPair : Crude Oil Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Upper Trend Line Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Support Levelby ForexDetectivePublished 2