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CFDs on WTI Crude Oil

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USOIL chart

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About CFDs on WTI Crude Oil

Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.

Ideas

WTI CRUDE OIL Correction not over yet.WTI Crude Oil has been correcting, more aggressively than most thought after a High outside of the Channel Up. It is already under the 4hour MA50 and MA100 and is aiming for the Channel's bottom below the MA200 at 86.00. You can sell on the current market price and pursue this target. If the 1day
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Odd things in the oil market, reminiscent of 2022 market topRecently, more and more financial institutions have been upgrading their price targets for oil. Mostly, these forecasts were upward of $100 per barrel, with JP Morgan and some other financial entities forecasting prices as high as $150 in the coming months. About three weeks ago, we tweeted that the
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WTI OIL Rising prices are here to stay for years to comeUnderstanding WTI Oil (USOIL) on the larger, long-term time-frames such as the 1W or 1M charts can broader your perspective and allow you to consider market dynamics that you never thought they were possible to affect the trend. From time to time we tend to make such studies in order to give you an
Long
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USOIL BULLISH BIAS RIGHT NOW| LONG Hello,Friends! USOIL pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lo
Long
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USOIL:Goal 86 achieved My previous post prediction was completely correct I thought the oil would fall to 86, and today my forecast has arrived. The same is true now.After reaching the support level, we can no longer sell, we can buy in small batches below 85.5. If my thoughts are helpful to you, please like and sub
Long
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Hellena | Oil (4H): Long to resistance area 92.57.Dear Colleagues, the price is in the area of long positions set. Renewal of the minimum is possible. Be careful! The nearest target is the resistance area, the maximum of wave 3 - 92.57. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
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USOIL long positionhi traders We can see that the price is in a downtrend. We expect the price bounce up from the support to the down sloping resistance. It is now time for long position. Target and stoploss you can see on the chart. If the stoploss is reached we expect the price to go lower Good luck!
Long
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Triple Zigzag _ Big CorrectiveGreetings, dear friends. I hope you are having a productive week. I would like to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based
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USOIL DAILY TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this
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