WTI trade ideas
USOIL BIAS SELLS- Weekly looks very bearish , also looking at that weekly -OB, i hope we get the high of the week on Tuesday or Wednesday so we can continue selling targeting that sell side.
Quick Buy On OilBeen tracking the consolidation and oil has shown it wants to go higher. We are looking to trade off a slight retracement to an area of liquidity. Trade safe, Trade smart, Trade Drippy. (Sl, entry, and tp are ZONES)
USOIL Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
OIL LONG 15M TF🚀The Atom Signals Trading View Indicator is a sophisticated tool designed for traders seeking to enhance their market analysis and trading strategies. Developed with the intention of providing clear and actionable signals, this indicator leverages a blend of technical analysis techniques to identify potential entry and exit points in the market. It aims to simplify the decision-making process by offering visual cues and alerts, which can be particularly valuable for both novice and experienced traders.🤖
🚀Key features of the Atom Signals Indicator include its adaptability to various trading styles—whether you're a day trader, swing trader, or long-term investor. By incorporating elements like trend detection, momentum analysis, and support/resistance levels, it provides a comprehensive overview of market conditions. This versatility makes it a useful addition to any trader's toolkit, regardless of the asset class they are focusing on, be it stocks, forex, cryptocurrencies, or commodities.🤖
🚀With its user-friendly interface on Trading View, the Atom Signals Indicator is accessible to traders of all experience levels. It not only aids in identifying trading opportunities but also assists in managing risk by highlighting potential reversals or consolidations. Whether you're looking to fine-tune your strategy or gain a fresh perspective on market movements, the Atom Signals Trading View Indicator offers a valuable resource for informed decision-making in the fast-paced world of trading.🤖
Based on the indicator we predict as shown in the charts.
You can check the indicator for free. Go to our links.
🚀Good Luck!
USOIL: Short Trading Opportunity
USOIL
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell USOIL
Entry Level - 71.19
Sl - 72.40
Tp - 69.10
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Oil in dayly chart closing inside BB low bandCCI indicador showing that is a buy oportunity
Oil/USD is in a great support area, closing the day with a green candle!
USOIL Is Going Down! Sell!
Take a look at our analysis for USOIL.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 71.19.
The above observations make me that the market will inevitably achieve 67.16 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Crude oil channel tradingcrude oil is moving in parallel channel, it may rise till $73.00 in short term. Thanks
CRUDE OIL Resistance Ahead! Sell!
Hello,Traders!
CRUDE OIL is going up
Now but will soon hit
A horizontal resistance
Of 72.68$ from where
We will be expecting a
Local bearish correction
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Free Signal USOILI recommend you to take buy USOIL as you can see we have price action: trendline back to test key level also we are in kill zone so have a good probability to continue pushing up
WTI bullish but that could change on an oil spillWTI is on a firm bullish correction into bearish flows and upside targets are still eyed, although things could flip and the video explains.
Crude recoversCrude oil has managed an impressive bounce over the last ten sessions. Earlier this month, front-month WTI broke below $65 per barrel to trade at its lowest level since May last year. Front-month Brent hit its lowest level since December 2021. The latest sell-off took both markets into very oversold territory. Since then, oil has rallied sharply, with WTI, as of Thursday’s high, up around 10% from its recent low. Has crude finally bottomed? It’s still too early to know. Prices have pulled back a touch this morning, but not significantly. Oil could continue to rally from current levels, but it will be its next pull-back which will help decide if the bottom is in. If it’s relatively modest and falls significantly short of last week’s $64.80 low, then that would certainly increase the probability that it is. If not, then there’s an increased likelihood of another lower low before it’s safe to sound the ‘all clear’. Overnight, China refrained from lowering its 1 and 5-year Loan Prime Rates. But on the other hand, the US Federal Reserve has made it clear that its prepared to cut rates further. As long as these aren’t a precursor to weakness in the US economy, then they may help to lift sentiment, and oil prices. Unless, of course, they trigger increased production.
Crude Oil long term analysis⭕WTI has taken downward trend since (18Jul 24) , Because of industrial countries had bad data and concern about suffering recession the price gone down.
🔻In the another side OPEC+ decided increaseof their supply.
🔻China's data not promising, China is the biggest importer of Oil in the world so its pridectable to effect oil price.
🟢Middle east and tension of that has no end ,Analysts alarm to happening War and Geopolitical things limtied down trend of price.
🟢Fed's recently reduced intrest rate by 0.5 which is big move since years ago ,And they decided to cutting rate by 0.25 from other meetings it mean Soft Landing , in this case it will help to US Gov'
to improve the economic and WTI price mostly dependent to US economic so it will help to growth Oil price
🔵So many countries economics related together so if US ecnomy will recovery it self
China , Japan , Euro zone , Australia , Canada , ..... will betterment too so if the economics of countries better so productions and output will growth that causes import Oils and counsume.
✅In my idea 66$ to 63$ very big support area and good place to order Buy.
my expectation is WTI in 2025 will growth smoothly to our other targets.✔✔
💌pls add your idea too and let me know❗❓
OIL: Day 3 breakout traders long in the marketHi 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
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 won't exclude the possibility for this market to setup for a long trade, the market performed a higher high on the HOW and started dropping, currently consolidating.
Short: primary, Day 3 long breakout traders, HOW, is most of the time a reversal signal, but considering the overall level and behaviour of price, before NY session start I can see more a pump and dump. Price still on the frontside, so I won't be looking for a dump all the way down back to the LOW, unless news release at 10:30am NYT will be catalyst.
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
WTI With Bearish SignsThis is a short-term setup for WTI:
Price has been rejected at an order block while the H1 RSI is bearishly divergent.
Therefore, we open a short position to intercept the expected downward movement.
Sell OpportunityInstrument: USOIL
Position: Sell
Entry: 70.58
1st Target: 67.18
2nd Target: 65.23
Stop Loss: 71.94
Rationale:
USOIL is exhibiting signs of a bullish trend, supported by recent price action and fundamental factors.
WTI Oil H4 | Falling to overlap supportWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 70.11 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 68.26 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.
Take profit is at 73.00 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level.
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. 62% 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 (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% 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.
USOIL LONG OPPORTUNITYUSOIL LONG OPPORTUNITY
The inside bar of USOIL breakthrough upwards
Therefore, buy USOIL when the price pull back
around 70.19
SL: Below 68.45
TP: 73.4
m15 to testing 200ma H4 Biggest TF first testing.m15 to testing 200ma H4 Biggest TF first testing normally
1.5 Ratio that fit to 4H 200 ma that rejected cut loss price.
Bearish drop off pullback resistance?USO/USD is reacting off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 72.19
Why we like it:
There is a pullback resistance level.
Stop loss: 74.66
Why we like it:
There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement.
Take profit: 69.80
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
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.
USOIL POSSIBLE SELLThe market is currently testing the current weekly Fib area 0.618. Based on Daily TF, the market seems to be forming a possible reversal chart pattern.
We could see Sellers 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.
