Oil_Crude (WTI)CORRECTION on previous/last published idea on WTI (15m): Strong SUPPORT level on 4 June 2024 at 72.743. Support, not resistance. Will the support hold now? That's what is happening.Longby Vincent_CatchMoneyMagnetPublished 3
Oil_Crude (WTI)"Trade what's happening...not what you think is gonna happen." Doug Gregory A bigger pattern of head and shoulders is forming in the 1D chart. Shoulder 1 closed at 79.625. Previous strong resistance on 4 June 2024 at 72.743 Is this resistance going to hold or not? That's what is happening. Longby Vincent_CatchMoneyMagnetUpdated 5
USOIL The Target Is UP! BUY! My dear followers, This is my opinion on the USOIL next move: The asset is approaching an important pivot point 74.11 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 75.64 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsPublished 1112
Us oil will go up next week Usoil will go up on 4hrs Timeframe following a successful downtime to the support zone. Look for a buy entry next week. And don't forget to place your stop loss. Trade safely. See you at the top!Longby maillisraelPublished 1110
WTIIm looking to this structure. Trade carefuly. Looking for sell. Im waiting.Shortby ewtradersbhPublished 222
CRUDE OIL Bullish Rebound Ahead! Buy! Hello,Traders! CRUDE OIL went down and The price will soon hit a Horizontal support of 72.50$ From where we will be expecting A local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignalsPublished 116
wti elliott waveThe BD trendline is breaking on the West Texas Oil chart. By penetrating to this level, oil prices are expected to enter a downward wave and fall rapidlyShortby mahdi99mirzaiePublished 4
West Texas Oil / Problems in the Middle East?Hey traders We have oil here at critical zone will it break up or down?, a big pullback on middle east worries, I think things will calm down, and possibly we will get another leg drop, so I will be selling oil back down. Please like comment and follow cheers This chart material is for education purposes only / Demo account should be traded only.Shortby Costy13Updated 101016
Oil_Crude (WTI)Buying the deep Steep downtrend Momentum is usually short-term.Longby Vincent_CatchMoneyMagnetPublished 6
oil will rise, Yellow lower boundary supportYellow lower boundary support . The oscillation interval where the upper boundary is level and the lower boundary is downward is obvious, seemingly obviousLongby trade1638Published 1
Possible Decline in OIL price to 72$CHoCH in the 4hr timefrme, also a break of structure, indicating a possible decline in oil price to 72$. Remember: Risk Management very importantShortby habinelUpdated 5521
Possible usoil bearish continuationprice of oil on a bearish trend, with BOS on the 4hr and price heading to the sell zone for possible bearish continuation. Remember: Risk Management very important.Shortby habinelUpdated 5
Oil_Crude (WTI)Prioritising risk management Lot's of factors affecting the price of crude oil Supply cuts effects? Global supply chain effects? Tension?Longby Vincent_CatchMoneyMagnetPublished 2
Oil prices rise, support levelThe blue downward channel is obvious and unexpected, but it's actually quite simple. You already know nowLongby trade1638Published 3
USOIL BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! We are targeting the 74.35 level area with our short trade on USOIL which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 113
USOIL 8/2/2024Current Analysis: Correction Buy (ABC Pattern): We’re observing an ABC correction pattern. HTF Leg 1 has developed well, and we're about to complete Wave 3 in this leg, entering a markdown phase. Current Position: Leg C: We’re in Leg C of the ABC pattern, which should deliver an impulse move. However, internal indicators aren't fully confirming this setup yet. Action Plan: Entry Strategy: Risk Management: Set buy orders with a stop-loss below Leg 2 to manage risk. Timing: Expect potential movement around key news events like NFP or early next week (Monday or Tuesday). Watchlist: Patterns: Monitor for specific patterns to confirm the buying opportunity within the current formation. Adjust your strategy based on emerging patterns and key economic news.Longby spacedevilPublished 7
Market Analysis: Oil Price Takes HitMarket Analysis: Oil Price Takes Hit Crude oil is showing bearish signs and might decline below $75.00. Important Takeaways for Oil Price Analysis Today - Crude oil prices failed to clear the $78.20 region and started a fresh decline. - There was a break below a connecting bullish trend line with support at $77.50 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price struggled to clear the $78.20 resistance zone against the US Dollar. The price started a fresh decline below the $77.00 support. There was a break below a connecting bullish trend line with support at $77.50. There was a steady decline below the 50% Fib retracement level of the upward move from the $74.23 swing low to the $78.25 high. The pair is now consolidating below the 50-hour simple moving average. Finally, the price tested the 61.8% Fib retracement level of the upward move from the $74.23 swing low to the $78.25 high. If there is a fresh increase, it could face resistance near $77.00 and the 50-hour simple moving average. The first major resistance is near the $78.20 level. Any more gains might send the price toward the $79.50 level. Any more gains might call for a test of $80.00. Conversely, the price might continue to move down and revisit the $75.20 support. The next major support on the WTI crude oil chart is $74.20. If there is a downside break, the price might decline toward $73.50. Any more losses may perhaps open the doors for a move toward the $72.50 support zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpenPublished 226
CRUDE OIL (WTI): Support & Resistance Analysis Here is my latest structure analysis and important support & resistance levels to watch and trade on WTI Crude Oil. Resistance 1: 78.5 - 78.8 area Resistance 2: 80.2 - 80.5 area Resistance 3: 82.8 - 83.7 area Resistance 4: 84.0 - 84.5 area Support 1: 74.6 - 75.2 area Support 2: 72.4 - 72.8 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTraderPublished 4413
New York / Asia Session Recap - OIL, NAS100, JP225, USDJPYOil Fakeout Retracement Setup NAS100 Weekly Breakout Continuation Setup JP225 Breakout Setup USDJPY Trend Retracement Setup10:29by nohypetraderPublished 3
USOIL Uptrend Line Rejection At $76.57 02.08.2024Apply 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 2
AUD/NZD Short, NZD/CAD Short and WTICO/USD ShortAUD/NZD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. NZD/CAD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it. WTICO/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it. Short19:17by StewySongsUpdated 3
WTI GOING UP!!After a whole month fall price has found some support around 77.2 level. Downtrend has been broken and retested, whilst forming an inverse H&S pattern. Longby Justin-fxPublished 4
1:6 RR | Oil - Crude(WTI) | NYC-SessionThe labels that are used are ment to draft and measure context to the price action involved and contain no rules-engaged notebook + applied-set up indicators, but an avoiding interference to use other rules-engaged software to enhance in general, regarding to the watchlist and trade plan that is relevant to trade-on Key indicators on Trade Set Up in general; 1. Push Set Up 2. Range Set Up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # TREND | TIME FRAME CONDUCTIVE | 4 Hour Time Frame - General Trend - Measurement on Session * Signpost * Support & Resistance * Trade Area | Focus & Motion ahead # POSITION & Risk Reward | 1 Hour Time Frame - LL & LH | Downtrend - Measurement on Session * Extension 0.88 & 1 * Retracement * 1:6 RR | Partial | Medium Range * Time Scale Conclusion | Trade Plan Execution & Risk Management on Demand, specifics are essential like applied; * Sell Push Set Up * Trail Stop & Take Profit / aim big(Price action moves slow) * Directional Movement * High Probalility Move(High Volume) Shortby jasper16231Published 1