✅CRUDE OIL RISKY SHORT🔥 ✅CRUDE OIL is retesting a key resistance level of 85.95$ So I think that the price will make a pullback And go down to retest the demand level below at 84.63$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx112
WTI Oil H4 | Falling to 50% Fibonacci supportWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 82.362 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 80.000 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level. Take profit is at 85.876 which is a level that aligns with the 78.6% Fibonacci projection 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. 66% 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. 70% 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.Long03:26by FXCMUpdated 7
WTI UPDATE - 02 - 04 - 2024"Investors are eyeing an opportunity with a target price (TP) set at 86,000, coupled with a stop-loss point at 84,400, indicating a strategic approach to managing risk and maximizing returns in the market. This vision suggests a calculated investment strategy, where traders are aiming to capitalize on potential gains while mitigating losses. The decision to buy is influenced by not only technical price levels but also the fundamental strength of the asset, possibly reflected in its price-to-earnings (PE) ratio. This approach reflects a blend of technical analysis and fundamental research, highlighting a comprehensive approach to trading or investing." Shortby FdidineYahya2
US OilNegative Divergence show weakness in the current uptrend movement, Will take this chance as short and follow our targets, Note: stability for 1 day above the high, will be closed as lossShortby Obai_IdraikhUpdated 12
WTI CRUDE OIL Sell signal at the top of the Channel Up.WTI Crude Oil reached the top of the December 2023 Channel Up as well as the dashed Channel Up that started after it crossed over the MA50 (1d). This is a double sell opportunity. Trading Plan: 1. Sell on the current market price. 2. Sell again if the price closes a (1d) candle under the dashed Channel Up. Targets: 1. 82.00 (bottom of dashed Channel Up). 2. 79.00 (bottom of long term Channel Up). Tips: 1. The RSI (1d) crossed into the overbought zone (above 70.00). That is an additional reason for a technical correction. Please like, follow and comment!! Notes: Past trading plan: Shortby TradingBrokersView6
Oil hits YTD peak. What are the risks now? Oil prices reached their highest level in seven months, partly driven by worries that escalating tensions in the Middle East could constrain supply. Iran has warned of a potential "serious response" against Israel following a targeted strike in Damascus that resulted in the deaths of two Iranian generals. This incident has raised concerns about a widening conflict in the Middle East, following over five months of the Israel-Hamas conflict in Gaza. Furthermore, Ukraine has launched a counter-offensive by targeting Russia's oil infrastructure. Although the attacks have so far reportedly only caused minimal damage. Ukraine's objective is to disrupt Russia's main financial support for its invasion of Ukraine. Better-than-expected manufacturing purchasing managers' index (PMI) reports from China and the US have also buoyed optimism in the oil market. Because of this, investors might anticipate increased demand in the manufacturing and industrial sectors of both countries. WTI has now found support just above $84.00. The 100 SMA is above the 200, potentially indicating that support is likely to hold. However, caution might be warranted as the market nears overbought conditions. If the $84.00 level fails to provide support, the subsequent target could be slightly below $81.00, coinciding with the 50% Fibonacci retracement level from the low in March to the recent peak. Alternatively, a less significant pullback might see buyers stepping in at the 23.6% or 38.2% Fibonacci levels. by BlackBull_Markets2
usoil85.5 is an important point Crude oil rose slowly on Tuesday and touched the 85.4 line. At the beginning of the week, the pressure node of 85.5 was mentioned many times. This is the suppression point of the weekly MA120 moving average. Tonight, the 85.5 line can be treated as the dividing line between long and short. From a short-term perspective, the Bollinger Bands in each time period are all bullish. The trend is bullish, but key pressure nodes also need to be prepared to turn downward when encountering resistance. Today's resistance focuses on the key resistance of 85.5. If the level breaks upward, the resistance that can be seen is in the 86.8-87.7 area.In terms of support, pay attention to today's low of 83.5. If it breaks below, it will basically weaken. Lower support will focus on last night's low of 82.6-81.6 area. Overall, the rise or fall of crude oil tonight will depend on whether the 85.5 position can be broken. oil:sell85.5-86 tp:85-84.5 sl:86.5 Shortby Gavin-analystUpdated 115
USOIL 300 pips analysis (read caption)Hi' trader what do you think USOIL USOIL now is resistance zone 84.80 I think USOIL go to retest level 80.90 USOIL now is the high price 84.80 and 85.00 i think USOIL movement retracement support 81.300 and 80.90 please guys like comment and follow thank you for supportby Alexview0094
crude zig zag down to ,618? Crude still valid to downside .618 at /around 50.00. commercials are leaning heavy net short. lets see if there right and we can get a c leg downShortby mrenigma2
Another buy opportunity USOILUsoil looking for more buy momentum let take action 1:2.5 ratio small risk high probability. Already past setup 140 pips profit given 🤩Longby DNA_Trader_Officials112
WTICO Outperforms BCO on US Oil Production RiseWTICO (West Texas Intermediate Crude Oil) has recently been outperforming BCO (Brent Crude Oil). This trend coincides with an increase in US-produced oil replacing sanctioned Indian refined oil. Potential Opportunity in WTICO The shift in market dynamics could present an opportunity for traders considering long positions in WTICO. However, as always, it's important to conduct your own research and consider factors like: • Market Volatility: Oil prices can fluctuate significantly due to various factors. • Global Oil Production: Changes in global oil production can impact WTICO's price. • Your Investment Strategy: This trade should align with your overall risk tolerance and investment goals. Stay Informed, Make Informed Decisions We recommend staying updated on market developments before making any investment decisions. We're Here to Help Please don't hesitate to contact us if you have any questions or would like to discuss this further within the comments. Longby bryandowningqln1
USOIL- More to followTHE WTI oil continue its bullish trend, the commodity is makinh HH and HL with good trend line support. Upside potential is still availble with no divergence available. The fib retracement is a good point to enter the trade at $84.35 with SL and TP mentioned.Longby kiki_crypto1
Down to 55 wti Looks like finally usoil formed double top with reasonable peak pattern. I see some upcoming deflation in our economy globally. Chart shows weakness also.Shortby illuminating_tradeUpdated 225
OIL is Ready For LONG Positionoil /USDT is Going to get a good setup for LONG POSITION you can get this position with 0.1 LOT Good Luck & dont forget to set SL & TPLongby mazihowk1
CRUDE OIL (WTI): Important Key Levels 🛢️ Here is my latest structure analysis and important key levels to watch on WTI Crude Oil. Resistance 1: 85.20 - 85.85 area Resistance 2: 89.10 - 89.90 area Resistance 3: 93.75 - 95.00 area Support 1: 82.50 - 83.10 area Support 2: 80.00 - 80.60 area Support 3: 76.80 - 77.80 area Support 4: 75.50 - 76.20 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader3315
CRUDE OIL SHORT IDEAthis is update for my idea before. daily/h4 trend line touch fibo zone Shortby khhtelmen113
Usoil-trading range Recently, oil has been fluctuating in the range of 80-83.1, so we will treat it as a range fluctuation for the time being and wait for the trend to come out. In range fluctuations, you can wait for the upper edge of the range to sell, or you can wait for the lower edge of the range to buy, and control your position. If the range is exceeded, strictly SL Join me, I will share my thoughts every day, follow my strategies and your success rate will be greatly improvedby UnknownUnicorn68604160Updated 6
Israel strikes Iranian consulate, what does WTI chart tells us?Hi, 1PERCENT here. Today I am sharing a chart that I drew a few years ago. Contrary to crypto where we have fast movements of 30% intraday, Bonds, commodities, inflation rates, etc. are "slow movers"... but only in peaceful times. So patience is required for investors who focus on the forest. You were correct, but 10 years early. Now is your time to shine. #PeterSchiff #MikeMaloney WTI crude oil price that bounced from the $68-74 support zone . This support zone held well even last year when mass media and the EIA (US government's puppy) kept screaming that we have an oversupply of oil & gas. Remember what happened back in 2022 when oil went to $128? Especially those in Europe & Asia? Pay attention & Be prepared for the changes occurring in our societies. Stay safe. 1PERCENTLongby RVD_1PERCENT2
Trail you SL or close Already running 100 pips profit in one day Crude oil looking more bullish ... Already shared entry hope you guys used it , if this make correction down take another entry buy Longby DNA_Trader_Officials1
USOIL Is Bearish! Sell! Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 84.99. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 81.43 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider113
WTI Bullish Flag BreakoutBullish Flag has broken the resistance. Inverse Head Head and Shoulder's NKLN also broke out Change your color Theme to "Dark" if you cannot see the lines and text on the chartLongby SETLOLELAUpdated 1110
#wti #oil mash upget you some o dat. and why its all the buzz on 3/13/2024 we got confirmation Long03:06by CajunXChangeUpdated 112