USOIL WTI (Crude Oil) Price movement understandingThis chart shows the understanding of price movements for specific time period , understanding candles and support resistance zones. This chart is only for educational purpose do your own research before taking any trades.08:46by be_you_akshayPublished 0
USOIL Support Rejection At $80.18 17.07.204- USOIL support rejection at $80.18 on the 1hr chart. - If rejection holds, price may rise to $81.10; breaking $81.10 targets $81.82. - If rejection fails, price may fall to $79.01; breaking $79.01 targets $77.52. Apply 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
Long term oil looks ready to pop higherUsing TA like trendlines, Gann Trend, CMO, RSI Average, and wave trends when looking on the Weekly I see a big up move coming. I can also see an up move coming on other timeframes as well. Could it cycle down again before the pop...sure.. but it looks to be soon. What will cause the pop? Im not sure but in 2007 oil started a big up trend right before a rate cut in September (sound familiar?) 2007.Longby TheUniverse618Updated 7
Oil support . These oil support ranges are worth the risk in my opinion. Trump increases the price of oil.Longby mrata7Published 1
BULLISH USOILThis setup for USOIL looks fantastic. We're finally seeing a test of a key historical supply and demand area, and there is a clear bullish bias. With the US economy growing, this looks very promising.Longby ParlayProfitsFXUpdated 4
CRUDE OIL RISKY LONG| ✅CRUDE OIL fell again to retest the support of 80.50$ But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFxPublished 114
Oil Breakout Testing ResistanceWTI is testing a major resistance pivot here at 84.58-85.40 . Looking for a reaction off this mark with the immediate rally vulnerable while below. Initial support now 81.81 backed closely by the monthly open at 81.44 . We remain constructive while above the 200SMA at 79 . A topside breach / close above this region exposes the yearly high-close (HC) / 61.8% ext at 86.67-87.13 - look for a larger reaction there IF reached. Michael Boutros, Sr. Technical Strategist @MBForex by FOREXcomUpdated 4
Crude at key support Intraday Update: Crude is attacking pretty key support here, and could find buyers between the 80.50 and 79.80 level in the coming hours. by ForexAnalytixPipczarPublished 1
USOIL ( BREAKOUT CHANNEL ) ( 4H )USOIL HELLO TRADERS TENDENCY : the price stabilizing below turning level , indicates is under bearish pressure TURNING LEVEL : the price around 81.71 . PRICE MOVEMENT : the price in previously rising an reach a target , but dropping significantly because of the attack on trump . PRICE ACTION : SHORT CONDTION : after the price breaking a channel , price stable bearish zone , currently price 81.14 , price trying to retest before dropping a support level at 80.50 , then breaking this level reach 79.25 . LONG CONDITION : if the price breaking 81.71 by open 4h candle above this level reach a resistance level at 83.57 , then stabilizing above this level reach a 84.97 . TARGET LEVEL : RESISTANCE LEVEL :83.57 , 84.97 SUPPORT LEVEL 80.50 , 79.25 Shortby ArinaKarayiUpdated 2
WTI Oil H4 | Falling to pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 80.42 which is a pullback support. Stop loss is at 79.50 which is a level that lies underneath a pullback support and a confluence of Fibonacci levels i.e. the 38.2% retracement and the 100.0% projection levels. Take profit is at 83.62 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:16by FXCMPublished 17
USOIL Technical Analysis: Key Levels and Potential ScenariosTechnical Analysis: USOIL Current Outlook: The price is expected to touch 80.70 and then consolidate between 80.70 and 81.70 until a breakout occurs. Bullish Scenario: For a bullish trend to be established, the price should reverse and stabilize above 82.27, targeting 82.25 and 84.14. There is also a possibility of a bullish retest up to 81.70. Bearish Scenario: As long as the price trades below 81.70, it is likely to drop towards 79.50. To confirm the bearish trend, the price needs to break below 80.70, ideally closing a 1-hour candle under this level. Key Levels: - Pivot Line: 81.22 - Support Levels: 79.49, 77.94, 75.35 - Resistance Levels: 81.72, 82.24, 84.14 Today's Expected Range: The price is anticipated to move between the support at 79.49 and the resistance at 82.15. previous idea: Shortby SroshMayiPublished 5
WTI Crude Oil facing downward pressure - 07/16/2024 (GMT)Fundamental Oil prices are falling as US consumer indicators worsen. Due to the slowdown in CPI, the possibility that the Fed will cut the interest rate in September has sharply increased. Still, concerns about an economic slump are becoming more prominent. The University of Michigan's July consumer sentiment index fell to its lowest in eight months, and China's economic slowdown is also a decisive factor in the decline in oil prices. Meanwhile, there is also a view that the strength of oil demand will be sustained until the end of the year. According to the EIA, gasoline demand last week was the highest since 2019 for the week that includes the Independence Day holiday, and the four-week average for jet fuel demand also rose to its highest since January 2020. Technical After reaching the 82.50 level, USOIL lost its uptrend and fell to the 80.20 level. The price fails to hold above the EMAs and sends an apparent bearish signal. If USOIL's downtrend continues and retreats to the 80.00 support, the price may fall further to the 78.00 level, the lowest point in a month. Conversely, if USOIL rallies to the 81.00 level, where EMA21 and the initial support intersect, the price could gain upward momentum toward the 84.00 resistance.Shortby inkicho_exnessPublished 0
USOILPair : Crude Oil - US Oil Description : Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 61.80% Demand Zoneby ForexDetectivePublished 2
USOIL Slides to Crucial Support Region on Demand JittersThe commodity staged a four-week relief rally recently and the longest profitable streak of the year, helped by OPEC+ supply curbs extension and summer travel demand. At the same time, soft US inflation and dovish Fed commentary have boosted market pricing for multiple cuts, which can provide another tailwind. Above the EMA200 bulls have the ability to set higher highs (84.54), but don’t inspire yet confidence for new 2024 highs (87.66). Despite the near-term favorable supply-demand dynamics, longer-term prospects are gloomy, as OPEC+ will start returning oil to the market and usage is likely to decelerate substantially this year. This week’s data from China (the world’s largest importer) aggravated demand concerns, as the economy grew by 4.7% y/y in Q2 and the slowest pace in more than a year. USOil faces pressure as a result and threatens a key support region, provided by the 200Days EMA (blue line), the 38.2% Fibonacci of the last leg up and the upper border of the daily Ichimoku Cloud. Although this cluster has the potential to contain the fall, a breach would shift bias to the downside. This would expose WTI to 76.13 and bring the June lows to the spotlight (72.40), although sustained weakness is not easy under current conditions. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results. by FXCMPublished 4
USOIL | The Sell Off is nearWTI crude oil prices have shown a downward trend in recent sessions, falling for three consecutive days. Currently, WTI stands around the $80.70 region, recording a daily loss of about 0.40%. Despite this decline, the price remains above the overnight swing low, suggesting a lack of conviction among sellers. Factors Influencing Prices Chinese Economy: Economic Growth Data: Official data released on Monday showed that China's economy grew by 4.7% in the second quarter of 2024, down from 5.3% in the first quarter. This has fueled concerns about a slowdown in the Chinese economy, the world's largest oil importer, and a consequent decrease in fuel demand. Impact on the Oil Market: Concerns about Chinese demand are a key factor exerting downward pressure on crude oil prices. Strength of the US Dollar (USD): Dollar Recovery: The US dollar has gained traction, recovering from a more than three-month low touched on Monday. A stronger dollar makes USD-denominated oil more expensive for buyers using other currencies, thereby reducing demand. Monetary Policy Outlook: The growing acceptance that the Federal Reserve might start a rate-cutting cycle as early as September could limit further dollar gains, partially mitigating the negative effect on oil prices. Supply Concerns: Middle East Conflicts: Concerns about potential supply disruptions due to ongoing conflicts in the Middle East continue to support oil prices. This factor could limit further losses in the short term. Forecasts and Expectations Price Range: WTI seems to remain confined within a familiar range maintained over the past two weeks, with prices oscillating around the $80.70-$81.30 region. Awaiting External Impulses: Market participants are now waiting for US retail sales data to find new drivers that could influence prices. Need for Confirmation: To position for a further extension of the recent pullback from levels near $84.00, it would be prudent to wait for more convincing selling signals.Shortby Forex48_TradingAcademyPublished 110
USOIL Uptrend Line Breakout At $81.86. 16.07.2024- USOIL 1hr chart shows an uptrend line breakout downside at $81.86. - If the breakout holds, price may drop to $79.83; further break could lead to $78.24. - If the breakout fails, price may rise to $84.44; further break could lead to $87.72. Apply 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 2
WTI Crude Oil Bearish Heist Plan to make moneyMy Dear Robbers / Traders, This is our master plan to Heist WTI Crude Oil Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Shortby Thief_TraderUpdated 2
Falling towards pullback support, could price bounce from here?WTI oil is falling towards the support level which is a pullback support that aligns with the 78.6% Fibonacci projection and could potentially bounce from this level to our take profit. Entry: 80.858 Why we like it: There is a pullback support level which lines up9 with the 78.6% Fibonacci projection. Stop loss: 79.374 Why we like it: There is a pullback support level. Take profit: 82.947 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarketsPublished 8
Bullish bounce?WTI oil (XTI/USD) is falling towards the pivot and could potentially bounce from this level to the 1st resistance. Pivot: 80.98 1st Support: 79.44 1st resistance: 83.06 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarketsPublished 6
Bullish case for WTI crude (USOUSD) Price above the cloud? Yes Tenkan-sen crossed above the Kijun-sen? Yes Chikou span above the cloud? Almost there Chikou span above price? Yes Future cloud bias? Bullish This is not a trade recommendation, it is just my analysis. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management if/when you trade. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! Longby Trading_VistaUpdated 2
OIL: First red day, day 3 breakout long and failed weekly high Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ day 2 cycle Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day ✅ First Green Day 3 Days Long Breakout ✅ 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: secondary, I'm not really interested today in going long, however, Friday HOW failed breakout, started dumping and it could be considered as a higher high for a dump and pump. Short: primary, weekly template pump and dump, lower low can be a sign of weakness, watching second hour NYT for down continuation. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Shortby GianniPichicheroUpdated 337
Crude Oil Analysis and Trading Signals UpdatesCrude oil technical analysis Daily resistance 83.4, support below 80.62-79 Four-hour resistance 83.4-82.5, support below 81.2 Crude oil operation suggestions: Crude oil fluctuated and consolidated in a narrow range at a high level last Friday. The overall price continued the recent high-level fluctuation and consolidation rhythm. Today, the upper pressure continues to focus on 82.5-83.4. The intraday rebound continues to short at this position. The lower support focuses on the 82 mark. The short-term crude oil strong dividing line focuses on the 82.5 mark. Before the daily level stabilizes at 83.4, continue to sell at a high price around 83.4. SELL:80.7near SELL:82.5near SELL:83.4near Technical analysis only provides trading direction! Shortby ActuaryJUpdated 20
OIL BUY TODAY Nice one, retouch of line, ofcourse could either reject there or shoot higher, profits untill there, 0.786 retrace from big dropLongby TaylorAimed4PipsPublished 114