#USOIL - #Crudeoil - Buying @ CMP 68 for Target 68.5-69- 70-73+#USOIL - #Crudeoil - Buying @ CMP 68 for Target 68.5-69- 70-73+ SL 67.5 #Swing Trade - #hourly Trade - #Cup and handle Breakout Holding Period 2-3 weeks or Target or SL Longby earnwell.fno0
USOIL - Bullish Ideathis commodity is in down trend for some time. Currently it have broken it trndline on 4H TF. Bullish Divergence along with double bottom chart pattern.Longby kiki_crypto2
USOIL: Go short next weekThis week, we went long on USOIL at $66 and it has reached the target area around $68.5. I predict that it will start to decline next week, so you can start shorting. Currently, all signals are accurate. Currently, my account balance has grown from an initial $40,000 to $800,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article. Shortby KentJessie63
USOIL Market Analysis and Tactical InsightsCurrently, USOIL is trading around $67 per barrel. On the supply side, while OPEC+ plans to increase production, ongoing geopolitical tensions in the Middle East are adding supply uncertainties. On the demand side, U.S. fuel demand remains resilient, but the subdued global economic outlook may limit crude oil demand growth. Technically, the daily chart shows moving averages in a bearish alignment, though the short - term RSI suggests relative market strength. If the price rebounds and faces resistance near $67.9, consider a light short with a target of $66. If the price stabilizes around $66, a long could be considered, with a target of $67. USOIL Trading Strategy sell@67.5-68 tp:66 buy@66 tp:67 I will share trading signals daily. All signals have been consistently accurate for an entire month. If you need them, you can check my profile for more information.Shortby JohnGonzalez7Updated 7
BUY USOIL WHERE IS GOOD CONDITION TO TRADE ?I wait for price down to low in location ạnd buy upLong05:18by Limitedterminator1
US Oil Short SetupWTI has been bearish since last week, to me. here, i waited for that OB to hit for me to get a nice confirmation and here it is! let's gooo!Shortby JrillzFX0
WTI Crude Oversold bounce back consolidationThe WTI Crude Oil price action exhibits a bearish sentiment, driven by the prevailing downtrend. The recent price movement appears to be an oversold bounce back, forming a bearish sideways consolidation pattern. This indicates that the bears remain in control, with limited buying interest observed despite the temporary upward correction. Key Level (69.52): The critical trading level to watch is at 69.52, which marks the previous intraday consolidation zone. An oversold rally approaching this level could face bearish rejection, reinforcing the downtrend. A failure to break above this zone would likely prompt a continuation of the downside movement. Support Levels: If the bearish sentiment prevails and the price is rejected from the 69.52 level, the downside targets include: 67.00 - Immediate support level. 65.73 - Secondary support. 64.23 - Long-term support level. Bullish Scenario: On the flip side, a confirmed breakout above the 69.52 resistance level, followed by a daily close above it, would negate the bearish outlook. This breakout could trigger further upward momentum, targeting: 70.42 - Initial resistance post-breakout. 71.02 - Subsequent resistance level. Conclusion: While the overall trend remains bearish, an oversold bounce could temporarily push prices higher toward the 69.52 resistance level. Traders should watch for potential rejection or a confirmed breakout at this level to gauge the next directional move. A failure to break above 69.52 would favor bearish continuation, while a breakout and daily close above would open the door for further bullish rallies. by TradeNation1
Crude oil can break the neckline of current formationCrude oil has developed the upswing having hit the neckline of cup-and-handle formation. Currently, the price action is muted, but should the price come to test this area again, it might develop the upswing with a target of $70, as it is still considered a fair price from a supply/demand point of view. OPEC+ has announced plans for several member countries to reduce output by between 189,000 and 435,000 barrels per day until June 2026 to address previous overproduction and tighten supply, so that’s a bullish factor. Demand from China has slightly decreased, but the situation looks balanced for now and technical factor would probably dominate the action.Longby Stanislav_Bernukhov_Exness0
OIL Today's strategyCurrently, crude oil prices are fluctuating near the resistance level. Recently, the increase in US crude oil inventories has affected the supply dynamics and exerted certain pressure on oil prices. However, overall, the geopolitical tensions and supply risks have a relatively significant supporting effect on oil prices at present. OIL Today's strategy sell@68.5-68.8 buy:67.2-67.6 There are risks in trading. If you are not sure about the timing, it is best to leave me a message. This will better confirm the timing of the transaction, It can also better expand profits and reduce lossesby HenryClarke226
US OIL LONG RESULT Cruse oil price has been choppy and moving randomly lately especially with Trump's Tarrifs and updates. But I say the break from the ascending wedge and hold horizontal support zone area and price seemed to be heading to diagonal and horizontal resistance which I set our TP at and boom. Klassic_Trader.Longby THE_KLASSIC_TRADER0
USOIL (WTI) LongUSOIL is not net long on the regression break. I am considering my options on this pair.Longby Rowland-Australia2
OIL: GOING DOWN TO CLEAR THE ALL THE STOPSDaily is consolidating at the monthly support + with a breakout structure on H4 to the downside, lets get in and ride it all the way down to hunt all the stop-losses below monthly wicks. Good luck.Shortby wonderpittUpdated 2
WTI bay My idea is that we should collect low liquidity and enjoy a beautiful rise with an interesting move. I am only a buyer and I am also a long trade at the desired points.Longby saeidsamadpoor0
USOIL: The target has been reached.I clearly gave the signal to buy crude oil at the price range of 66 - 66.5 on Monday. Currently, it has reached the target position of 68 - 68.5. It is approaching the key resistance level. If the profit is sufficient, you can close the order. Currently, my account balance has grown from an initial $40,000 to $800,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article. Longby KentJessie63
OIL WYCKOFFoil is accumulating according to wyckoff... Buy at 64,8-65, sl 63.8 tp 72 76Longby hangnq08461233663
Crude oil bears pounce again and enter the 3-5 waveJudging from the current trend, although crude oil is in a short-term rebound phase, the overall bearish trend has not changed.Personally, I think the 3-4 wave rebound is likely to have ended, and the MACD indicator shows that the rebound momentum is weak. Therefore, today's operations should focus on shorting the rebound and seizing the falling opportunity of the 3-5 wave. Suggestions: 1. Go short at $67.20, stop loss 30 pips, take profit $64.80. 2. If the short position of strategy 1 is stopped out, go short again at $67.85, stop loss 30 pips, take profit $66. 3. If the market falls below $66 before 16:00, you can go short at $65.90 with a stop loss of 30 pips to $66.90.Shortby RobertaAlsopUpdated 3
WTI Crude INTRADAY ahead of US inventories reportThe WTI Crude Oil price action sentiment appears bearish, reinforced by the prevailing long-term downtrend. The recent price action indicates a potential oversold rally, approaching a critical resistance zone. Key Levels and Price Action The primary trading level to watch is 68.40, representing the current intraday swing high and falling resistance trendline. An oversold rally towards this level, followed by a bearish rejection, could confirm continued downward momentum. In this case, the next downside support targets are at 65,73, 64,23, and 63,11 over the longer timeframe. On the other hand, a decisive breakout above the 68.40 resistance level, confirmed by a daily close, would invalidate the bearish outlook. This scenario could trigger further rallies toward the next resistance levels at 69.50 and 70.30. Conclusion The sentiment remains bearish as long as the 68.40 resistance level holds. Traders should carefully watch the price action around the 68.40 level to assess the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice. by TradeNation2
OIL Today's strategyIn the short term, there is a simultaneous advance of the long positions in crude oil. The price has tested the vicinity of $68.5 several times but encountered resistance. Moreover, after reaching around $65.2 at the lower level, it rebounded rapidly. The market still needs further testing. In the short term, it is advisable to sell high and buy low within the range of $68.5 to $65.2. OIL Today's strategy sell@67.5-67.9 buy:65.7-66.2 If you don't know how to do it, you can refer to my transaction.by HenryClarke114
USOIL | LONGWe just closed above an important resistance, making it a good entry for longs. We're at a major support level at the 1W, we should see atleast a small retracement before potential continuation down. 1W Longby Event00111
USOIL BULLISH BIAS RIGHT NOW| LONG USOIL SIGNAL Trade Direction: long Entry Level: 66.30 Target Level: 67.73 Stop Loss: 65.34 RISK PROFILE Risk level: medium Suggested risk: 1% Timeframe: 4h Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals111
USOil: The trading strategy is to continue shortingYesterday, crude oil prices peaked and then witnessed a sharp decline, directly plunging through the upward gap that opened at the beginning of the week. The current market situation is at the initial stage of a downtrend. It is projected that after rebounding to the range of 67.00 - 67.80, the downward movement will resume. Moreover, the strength of today's rebound indicates relatively feeble upward momentum, and market sentiment leans towards caution. Consequently, today's trading strategy will mainly focus on shorting on rebounds. Traders should wait for the market to rebound to key resistance levels before entering the market. USOIL Trading Strategy: Sell@67.7-68.3 TP:66-65 I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide. Shortby LeoBlackwood3