CFDs on Crude Oil (WTI) USOIL

WTI has been traveling sideway for a while. Technically, it is still weak and has not shown sign of reversing, though this is a good price to initiate a position.

Crude breaking out of a congestion zone , poised for a test of 67 zones

The price has retested the 64.40 suport making a strict Higher Low on the 1W Channel Up. Equally however, the 66.60 Resistance posed enough selling pressure to keep WTI still inside the 1D Channel Down (RSI = 39.602, MACD = -1.130, Highs/Lows = -0.7157, B/BP = -1.9240). The 1W Channel Up is now starting to narrow the potential downside limit to 65.00, which we ...

Looking at the long-term analysis on the 1D view of Crude Oil, it looks like it is headed downward. Swing trade wise, it could still go up to 67/68 region, which you can swing trade if the opportunity presents itself. However, long-term view Oil is headed downward from it's July's high of 74, prices are below ichimoku cloud which is bear market indication. Now it ...

Trade Alert The commodity started forming a falling wedge, which, theoretically, has the tendency to break to the upside. But until we get that break, we will continue observing it. If the upper bound of the wedge breaks, this could open the way towards the 68.35 or even the 71.65. Alternatively, if a break of the lower bound happens, this could lead to a test ...

Short term play for the 50% fib @ 6.36. Simple play based on the double rejection of the EMA34. R/R 1.7. Probability Trade.

You can play both levels as long or as short but since we are into long term supply level so I personally will consider the short position. Risk to reward ratio in this trade is 1:2 Good luck

As we inspect oil prices after last weeks strong USD forcing Oil to come down in price as well as some news effecting this too. gotta few key levels after using a fresh Fibonacci retracement on the previously formed lows from last week for the bulls we really want to see Oil come up and close above $68.6 with support from the 0.386fib level, this could push up ...

Bullish shark harmonic d leg terminates at lower end of range, approx $58-60 price level.

61.8 RESPECTED 3 TIMES 200 D EMA RESPECTED HORIZONTAL SUPPORT PRICE IS LOW FOR A SOLID ENTRY R/W IS GREATER FOR LONG THAN SHORT IF PRICE BREAKS BELOW 200D EMA WE SELL

Hi there, Watch for the strong breakout and continuation. If we dont see breakout then look for sell from top again. Good Luck Please support the setup with your likes, comments and by following on TradingView thanks

Hi Traders, With all the production hick on the market, USOIL price actions are showing that buyers are losing ground and the sellers are pushing the price down. I'm expecting to see the market again at 60$ I'll do my best to update this chart. Best luck

OIL to move in timeframe pattern forming a high or a low at exactly the same time every single day. Basically you can just reverse the trend with a trade at 15:00 UK and will reverse forming the high or the low

It doesn't matter on which side the triangle break, up or down we catch money *broke 777 Like and follow to support me

Diamonds? SELL 75.20; SL:=76.75; TP:=64.20 (Risk/Reward: 7.1)

https://www.tradingview.com/x/ODzAvrNx/ Buy opportunity on USOIL . Our Indicators are now showing a potential BUY opportunity for the USOIL asset. Long position opened. Lets see how this goes. -CoderX

Surprise? I don't know............maybe .............It's just about at an agreement level in H4,be patient

OIL break structure and wedge if price pull back to 74.40 we can short the pull back SL above 75.30 TP1: 72.50 TP2: 71.00