Wtii posted this Idea about 1 month ago this is an Update , i consider an up trend idea for wti for now .. first target 82.00 second 92.00 and the third : 100.000Longby KhodeAlexPublished 4
Wti ( UsOil ) thats my idea about Wti up trend first , then going to down trend but if price break 95.5 its going to need an update .. by KhodeAlexUpdated 5
Buy IdeaInstrument: USOIL Position: Buy Entry: 75.78 1st Target: 78.55 2nd Target: 80.55 Stop Loss: 74.22 Rationale: USOIL is exhibiting signs of a bearish trend, supported by recent price action and fundamental factors. Targets: Our primary target stands at 78.55, representing a significant resistance level where we anticipate a price reaction. The secondary target is positioned at 80.55, indicating further potential Upside momentum. Stop Loss: To manage risk effectively, a stop loss is placed at 74.22, just below the anticipated Supporte level. This ensures a controlled exit in case of unexpected market movements. Longby GODOCMPublished 1
USOIL COMMODITY 7/30/2024USOIL Update: Weekend Analysis Revision: The weekend template for USOIL did not perform as anticipated. It appears that we may have just completed the Spring phase of the market cycle. Despite this, our overall bias remains bullish for the time being. Current Strategy: Buy Stops: I have set buy stop orders with half of the usual risk exposure, as indicated in the attached image. This conservative approach accounts for current uncertainties and aims to manage risk effectively. Setup Validation: Several key conditions need to be met to confirm this setup as a viable risk-off opportunity. It is essential to wait for these factors to develop fully before considering further action. Execution Plan: Intraday Monitoring: Focus on observing how price action unfolds from an intraday perspective. Pay close attention to key technical patterns and price levels to guide future decisions. Risk Management: Continue to employ disciplined risk management practices, adjusting position sizes and stop-loss levels as needed based on market developments. Next Steps: Monitor intraday price action closely. Assess how the setup evolves and make necessary adjustments based on the emerging market conditions. For now, we maintain a bullish outlook but will adapt our strategy as the situation develops.Longby spacedevilPublished 3
Oil prices losing strength due to China's economic slowdown Oil prices continue to trend downward, as are expectations for increased U.S. oil production and pessimism about the Chinese economy. Expectations are growing that oil prices will gradually fall following reports that new wells will be drilled in US shale fields, and the costs for them will drop significantly by about 10% this year alone. Meanwhile, the economic slowdown in China, the world's largest crude oil importer, is also putting downward pressure on oil prices. China's oil imports in June fell 10.7% amid disappointment that the PBoC's rate cuts were not large enough to boost the Chinese economy. USOIL (WTI) has been trending downward over the past week, falling to the 75.10 level. After death-crossed, both EMAs rapidly widen the gap and send out a typical bearish signal. If USOIL fails to hold the 75.00 support, where the trend line intersects, the price could fall further to 72.50. Conversely, if USOIL advances toward the 76.80 resistance after recovering EMA21, the price may gain upward momentum toward the 78.20 level. by inkicho_exnessPublished 0
WTI Inverted Cup and HandleOn the Hourly Chart, Crude Oil may be making an Inverted Cup and Handle. This is a bearish continuation pattern. Look for a break to the downside of the handle to go short. Shortby UmlingoUpdated 1
US Oil down trend analyzing the potential downside for crude oil based on Fibonacci retracement levels and trend analysis, here are the key considerations:Shortby westcoasttrader07Published 0
USOIL - Using The Volume Profile Indicator to select TargetsA look at US Oil and where we may be headed next. In this video we take a look at a falling channel and why the aftermath of that pattern formation helps us with our predictions going forward. Speaking of predictions, in this video I show you how I combine structure and the Anchored Volume Profile tool to make decisions on where to take targets Hope you enjoyed the video! Akil Short06:59by Akil_StokesPublished 2218
CRUDE OIL WILL FALL|SHORT| ✅CRUDE OIL is trading in a Downtrend and the price Broke the key horizontal Level of 76.50$ which is now A resistance and the breakout Is confirmed so we are bearish Biased and we will be expecting A further bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFxPublished 111
USOIL Sellers In Panic! BUY! My dear followers, I analysed this chart on USOIL and concluded the following: The market is trading on 76.41 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 77.12 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 113
Oil Moves At The End Of July..Over a mid-long term period we have seen Oil slowly close in on its price range. This comes as the Market awaits a larger sentiment inflow and move either largely up or down. In my previous posts on Tradingview, I mentioned it short various times, so our bias remains the same on any rises. Any longs, really, need a larger fall to key support levels below.by WillSebastianUpdated 2
Crude oil: Waiting for a rebound to continue shortingCrude oil technical analysis Daily resistance 78.4, support below 72.7 Four-hour resistance 77.5, support below 75.5-74.7 Crude oil operation suggestions: WTI prices stopped falling due to a decline in weekly crude oil inventories last week. The U.S. Energy Information Administration (EIA) crude oil inventory change report is expected to show that inventories will increase by 700,000 barrels in the week ending July 19. Israeli Prime Minister Benjamin Netanyahu will address the U.S. Congress, seeking to turn the U.S. attention to the Middle East. From the daily chart level, crude oil has repeatedly fluctuated and stepped down in the medium term, and the oil price has fallen below the support of the moving average system. The objective trend of the medium-term rise has changed and returned to the oscillating pattern. Crude oil is expected to maintain a wide range of oscillation in the medium term. From the current market situation, the lower target continues to focus on breaking new lows, and the short-term long and short strength watershed focuses on the 77.5 line. The rebound above 77-77.5 remains short. Any rebound before the daily level breaks through and stabilizes this position is a short-selling opportunity. SELL:77.0near SL:77.30 SELL:77.5near SL:77.80 Technical analysis only provides trading direction! Shortby ActuaryJUpdated 1111
USOIL PRICE today ?Today, we anticipate the price will rise to 78.380 by the end of the day.Longby paullefebre92Published 1
Bulls can make money again...Broad bear channel, 3 pushes down and big reversal bull bar can push oil price higher. Risk-reward is good, probability is high. Trade safe.Longby rezamousaviPublished 1
Long/buy84 tp , simple , enjoy the ride .market trend is shift to buy from sell confirm Longby qasim913Published 7
"Geopolitical Tensions Ignite #USOil: Key Levels and Strategic T🔥 #USOil Trading Alert Amid Geopolitical Tensions! 🔥 Market Context: Current conflicts between Israel and Lebanon are likely to escalate market volatility and drive oil prices. Critical Levels: Watch for a liquidity sweep below $76—this could be a key indicator of upcoming movements. Bullish Trigger: Secure your position when H4 closes bullishly above $77.82, signaling strong buying momentum. Profit Targets: Set your sights on $80.30 as an initial target, with $81.20 as the ultimate goal to capture gains. 📈 Prepare to act swiftly as these geopolitical events could fuel significant moves in the #USOil market! 🌍Longby MrKTechnicalLevelsPublished 8
USOIL SLIPS 75 74 Hey there on 1DTF USOIL SLIPS from previously 82 and continue moving downside So now we can see there again can be touch 75' 74 and will surely went back again upside 80Longby DvsTraderfirmPublished 4
USOIL Is Approaching An Interesting ZoneHey Traders, in tomorrow's trading session we are monitoring USOIL for a buying opportunity around 74 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 74 support and resistance area. We would also consider the 82 area as a potential target as it's the main resistance USOIL will be facing. Trade safe, Joe.Longby JoeChampionPublished 1125
USOIL 1H TIME FRAME DATE 7/28/2024Sentiment Analysis – July 27, 2024 Intra-Day Sentiment: 74% Bearish, 26% Bullish Daily Sentiment: 45% Bearish, 55% Bullish Overall Outlook: Favorable for Buying Upcoming Economic Data: Tuesday, July 30, 2024, 10:30 PM (US) API Crude Oil Stock Change: Anticipate a SELL signal for USOIL. Wednesday, July 31, 2024, 04:30 PM (US) EIA Gasoline Stocks Change: Given the recent decrease of 5,572 thousand barrels in gasoline stocks, with an average of 9.11 thousand barrels from 1990 to 2024, expect a SELL signal for USOIL.Longby spacedevilPublished 3
USOIL: Bullish Continuation & Long Trade USOIL - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long USOIL Entry Point - 76.41 Stop Loss - 74.97 Take Profit - 79.13 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignalsPublished 117
Oil - Crude (WTI)Ideas matter. Sometimes work. No one knows the next price. Equity buffer. Pi. China demand concerns? US Inventory? Geopolitical considerations? by Vincent_CatchMoneyMagnetPublished 3
Possible daily bullish reversal!Elliot wave on daily complete. It seems that we are getting out of the downtrend. Expecting to see a proper reversal before buying.Longby geokallidesPublished 4
USOIL analysis on monthlythere alot of fibo and pattern in USOIL I will post fibo later for now looks like pattern still bearish until year 2026 or at least until 40 support retest quite funny how Biden want Oil above 75$ resistance 105$ and Trump want oil under 75$ support 34$by salvanostUpdated 8