After a brief adjustment, crude oil is expected to resume its upward trend. It is advised to wait for opportune moments to continue taking long positions on crude oil, with upside targets focusing on the $88-90 range. All signals I issued in April have resulted in profits, maintaining a consistent 100% accuracy rate. Weekly profits of at least 200% can be...
Oil prices are sliding nearly 2% on Friday with the United States hitting fresh highs in Oil production, added with Iraq announced the reopening of a refinery that was closed for a decade and amid expectations that OPEC+ countries won’t opt for big production cuts. President Of Rapidan Energy and former White House official Bob McNally said that OPEC+ said on...
The trading opportunities for oil are not very big at present, but mainly fluctuate within a narrow range. After the news boosted strength. The price is still fluctuating around 81. I made a profit by buying oil prices around 80.7 in the morning, and the U.S. market is about to begin, judging from the 1-hour trend chart. The trend is still mainly bullish. MA is...
The rise in crude oil has ended, and $82 has become the end point of this rise. We will continue to short crude oil, currently focusing on $76 I send accurate signals every day while providing the most professional guidance!
Crude oil prices fell back from highs and will bottom out and rebound From yesterday to today, the overall trend of crude oil fell back after rising, with $80.5 as the resistance level and $77.6 as the support level. The U.S. Department of Energy announced the purchase of approximately 3 million barrels of oil for delivery in September to replenish the...
Today's crude oil trading analysis Yesterday, crude oil continued to fluctuate upwards, and the second time it tested high, it looked around 80.7, but it has not yet formed a breakthrough. The recovery range in late trading was within 80.0, and the daily closing line had an upper shadow line, which is still in the stage of shock and rise. At this stage, it is...
Hello, friends. I'm Luke, a former champion trader in multiple regions, and I'm delighted to join TradingView to share my strategies with you every day, hoping to provide assistance. This week, I've analyzed that crude oil is expected to continue rising to the range of $78-80 per barrel. Today, it has reached a high of $77.5 per barrel, and I remain optimistic...
Hello friends, I'm Luke, a former champion trader in multiple regions. I'm excited to join TradingView and share my strategies with you every day, hoping to provide assistance. Crude oil has established a bottom around $70, and those who bought in heavily near this level have already reaped substantial profits. Personally, I anticipate oil to stabilize around $80...
Crude oil has reached a crucial support level, prompting buying activity. usoil buy@71.5-71.8 sl:70.8 tp:72.3-72.8 If your long-term trading account is still experiencing losses, do not miss out on the upcoming profit opportunities. I will continue to provide accurate signals. Feel free to share your current account situation, and I can devise a plan to help...
Crude oil experienced a rapid surge this week, breaking through $76 per barrel only to quickly decline to $74. Market volatility has been significant, but I anticipate a renewed uptrend after testing the support at $73. If your orders are currently in a loss position, there is an opportunity for profit in the near future! If necessary, please provide me with your...
The crude oil has exhibited an upward breakout trend. I am currently taking a long position, aligning with the prevailing trend. The previous resistance at $75 has now turned into a support level. I am initiating a long position in this area today. usoil buy@75-75.3 sl:74.3 tp:76-76.5 With a track record of signaling for an entire month, achieving an accuracy...
Today, crude oil has followed the morning analysis, rising after reaching around 73 and currently breaking through $75, testing the resistance at $75.5-$76. Personally, I suggest considering a short position if it reaches this area today. Crude Oil Trading Plan for Today: USOIL Sell @ 75.5 Stop Loss: 76.1 Take Profit: 74.8-74 I've been consistently sending...
After a decline following the reach of $75 per barrel, crude oil is currently maintaining a range-bound pattern. The trading range for this week is focused on $72.6-$75. Today, consider buying when oil reaches $72.6-$73. Today's Crude Oil Trading Plan: Buy USOIL @ $72.6-$73 Stop Loss: $71.8 Take Profit: $74-$75.5 I consistently provide signals for a month,...
The wars are no longer strong and the main thing is that oil prices will decrease again after a period of adjustment Regarding technical analysis, when measuring fibo oil will retest the 0.5 zone and will fall deeply
Us EIA crude oil inventories for the week to November 10 were released yesterday afternoon, showing a rise of 3.6 million barrels to 421.9 million barrels, expectations for a rise of 1.793 million barrels, the previous value of 13.869 million barrels, negative for oil prices. With global demand for crude oil slowing and supply increasing, some analysts believe...
Crude oil continues to rise in the direction of the trend. Any intraday adjustment before reaching the new target of 91.50 is an opportunity to continue to be bullish in the short term. Of course, since the overall increase has been huge enough, the current space above is limited. Another one is in this round. It is the end of the rise, so it is not advisable to...
The movement of US oil has been very bullish in recent months, it seems to be seen to be peak for a few moments ahead. If you look at the Elliot Wave series that occurs, Wave 5 is likely to end. If you want to Short, it's better to wait for prices to fall to the reversal and retrace areas.
Oil prices rebounded at the opening and remained stable. On the whole, whether it is the Fed’s interest rate hike expectations cooling, the dollar’s fall, the rise in U.S. stocks, or the possible impact of U.S. hurricanes on supply, coupled with a sharp decline in crude oil inventories and geopolitical tensions, they all tend to support oil prices. Technical The...