USOIL trade ideas

nen Updated 

This is a simple project that is looking for two possible scenarios in the unfolding of events. The most important phenomenon that will be relevant in analyzing and possibly trading this instrument using the elements in the snapshot, is the price action at the shapes. If coincidences of price action near the shapes or icons occur, we can treat them as potential...

TradeHubLive

We are looking for a buy setup in USOil. The price now stays in the major breakout level. Now we can look for a buy above 83.25

ActuaryJ

Crude Oil Technical Analysis Daily resistance is 83.4-85.7, support below is 80-78 Four-hour resistance is 83.4, support below is 81-80 Crude oil operation advice: Crude oil fell first and then rose yesterday, ushering in a deep v bottom, rebounding and breaking through the high. The price of the Asian and European markets was under pressure and fell back to the...

TradingShot

WTI Oil (USOIL) hit the 1D MA50 (blue trend-line) today for the first time since February 07 and touched the bottom of the long-term Channel Up, forming a Higher Low. This is only 2 weeks after the formation of a 1D Golden Cross, the first since August 22 2023. That Golden Cross was also formed during a correction, which eventually kept the 1D MA200 (orange...

AwesomeAvani Updated 

Spot Oil on 30-minute chart had a slow rise in the past 24 hours followed by a pause and then a jump on the Israeli retaliation strikes into Iran. Middle East oil shipping in the Red Sea and Persian Gulf are at risk and shipping insurance for ongoing shipments is likely to experience heavy rate increases if shipping does occur. Houthi rebels may resume proxy...

deadparkcity Updated 

Long profit zones are where sellers would come in to change the direction of the trend. hence if your holding long try to at least hold for TP zone 1 and look for sell in TP zone 1 and TP zone 2

JSAL Updated 

WTI is currently sitting at below 0.5 FIB level on a weekly data -- a key area where most buyers converge. $65-70 area has been quite a solid order block support. It has been tested many times and oil keeps bouncing up from this range. A bounce is expected from current price range. Accumulation has notably started increasing at the present levels. Spotted at...

Lion_Trading_Master Updated 

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...

EliteTradingSignals Updated 

Hello,Friends! We are targeting the 80.21 level area with our short trade on USOIL which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅

Osamudiamr

Following the retracement as a result of the calmness in the middle east after the strike from both Iran and Isreali which resulted to little or no damage. Oil has completed a pullback and it has resumed it upward trend which should likely create another high

ilia.gobadze

We have bullish signal on USOil H1 chart, Risk reward 1/2. Bulls formation is clear, i think they can renew current resistance...

ProSignalsFx

✅CRUDE OIL has retested a key support level of 80.50$ And as the price is already making a bullish rebound A move up to retest the supply level above at 83.00$ is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅

Thief_Trader Updated 

Dear Oil Robbers, This is our master plan to Heist Bullish side of OIL Barrels. My dear Robbers U can enter at the any point above my entered area MA Pullback, Our target is Red Zone Snake Trap Zone. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan...

gouthamkulal1 Updated 

Bullish indications: Major support respected at 80.76 Double bottom formation in 1 hr time frame. Bullish divergence in 4 hr time frame. Inverted hammer in 4 hr time frame. Fib level 0.618 respected. Bearish indications: LLLH Trade plan bias long @ 81.48 SL:80.58 TP1:82.42 TP2:82.91

SignalProvider Updated 

Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 82.08. Considering the today's price action, probabilities will be high to see a movement to 83.80. P.S Please, note that an oversold/overbought condition can last for a...

Migdad_A

After wicking 2 previous day lows on monday 22/04 and testing daily support zone(71.5 - 81), price then formed a W pattern and gave a bullish engulfing. Combined with weak US Dollar I'm gong inclined. Awaiting price to breach the resisting zone we are at the moment. Note that OIL is on bullish trend long term.