CRUDE OIL TO HIT $160?😳 (12H UPDATE)Oil prices are still relatively cheap on the bigger TF's, compared to where they will be in the near future. Currently up 20% from our green supply zone. Buyers still holding strong. GET INTO LONG TERM OIL POSITIONS NOW!Longby BA_Investments8
CRUDE OIL TO HIT $160?😳 (2D UPDATE)Oil prices are still relatively cheap on the bigger TF's, compared to where they will be in the near future. Currently up 20% from our green supply zone. Buyers still holding strong. GET INTO LONG TERM OIL POSITIONS NOW!Longby BA_Investments1110
OIL correctionOIL could temporally cool down to get more strength in its long term bullish setup. There are 2 possible trades, I highlight both, in case it doesn't drop here, it will do it soonerShortby zeroToEdge4
USOIL- just below his support? whats next?#USOIL.. as we discussed in our last idea about oil market very well trade near to his supporting area, now keep close your area that is 85.25 around, if market hold it then further drop expected from here, good luck trade wiselyby AdilHussain731333113
USOIL - 4/17/2024 - NY PreMarket Analysis USOIL - 4/17/2024 - NY PreMarket Analysis Made a new USOIL chart. simple price line HH and LL, trend line, and see pattern forming based on Simple Trading Book. It is forming Bullish PennantLongby Trader6041
OIL - Premarket Analysis Apr 16, 2024 3pm PSTPart 2OIL - Premarket Analysis Apr 16, 2024 3pm PST Part 2 This analysis was done around 4/16/2024 around 3pm PST after the market was closed. I saw a pattern forming which was from the Simple Trading Book. I was not sure if patterns in Simple Trading Book were legit. That is why I did not publish my analysis. But after a few hours later into Asian and London market session. Dang. Looks like the pattern recognition is legit.Shortby Trader604Updated 0
Hellena | Oil (4H): Long to resistance area of 88.00.Dear Colleagues, we expected the price to decline, but it seems that the upward movement is not over yet. I expect the completion of wave "5", then a corrective movement in wave "B" of higher order in the area of 38.2% - 50% Fibonacci levels (83.62), after which I will consider only long positions to the resistance area of 88.00. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Longby Hellena_TradeUpdated 181862
Oil In Corrective Wave, Likely Facing Rejections Below 84.80!Any rejection on crudeo oil at current price level will likely cause price to rally above 86.86! N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #usoil #crudeoil #wti #brentoil Longby BullBearMkt1
USOIL BULLS ARE STRONG HERE|LONG Hello,Friends! USOIL downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 85.74 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the USOIL pair. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals115
OIL - Premarket Analysis Apr 16, 2024 OIL - Premarket Analysis Apr 16, 2024 Based on Trend Anlaysi, Technical Analysis and Simple Trading Book for pattern recognition.Longby Trader604Updated 335
Oil's Double Bottom Breakout: Bulls Ready to Charge!Hello traders..!! Absolutely, let's spice it up: Crude oil is teasing us with a classic double bottom dance, tapping into a key intraday support not once, but twice! 🛢️✌️ This dynamic duo formation is like the oil market saying, 'Hey, I'm ready to switch gears!' But here's the real kicker: the breakout above the neckline of this pattern? That's the ultimate thumbs-up for bullish vibes. 🚀📈 So, brace yourselves, fellow traders, because we might just be in for a wild ride to the 86.500 to 87.00 territory! 🎢💰 Buckle up and let's ride this wave together! if you want to more updates like this one please support my analysis, (boost-comment-follow)..Longby MrCharlie135
WTI Global analysis of crude oil trade The overall trend of crude oil bottomed out yesterday and rebounded. The MA5 position of the weekly line fell back and rebounded, and the middle track of the daily line did not break below. This shows that the market is still strong. In addition, the conflict between Iran and Israel will boost crude oil, so it is good to be bullish. After all, the current situation in the Middle East is a mess. Crude oil has once again returned to the old point to see a rise, that is, go long around 85, add positions at 84.5, defend 84, and look at 86-87!Longby Jerome-LeonUpdated 7
Bullish Outlook: WTI's Long-Term PotentialHello Everyone, WTI is poised as a favorable long-term investment, supported by the confirmed upward trend spanning from 1 day to 1 year. Should the price stabilize convincingly above the weekly and daily pivot points, immediate upward movement is anticipated. However, failure to do so could prompt additional testing of weekly support levels, possibly even monthly. Nonetheless, the overall outlook remains optimistic, indicating a bullish projection. TradeWithTheTrend3344Longby TradeWithTheTrend33443
analyse us oil note :any help or question just send write comment to help you Note: for new followers after follow me cheek your inbox in trading view i will send message welcome and surprise like and follow our profile for more signal forex for free and good luckShortby tarikhut0
USOILUSOIL is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by JustTradeSignals7
CRUDE OIL (WTI): Bullish Move From Support 🛢️ CRUDE OIL formed a nice double bottom pattern after a test of a key intraday support. The breakout of the neckline of the pattern is an important bullish confirmation. We can expect a bullish movement at least to 86.0 level. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader3310
Crude oil will hit hard on bottom war effect read the caption The drop earlier today came despite continuous geopolitical tensions and the potential for an Israeli response to the Iranian attack this weekend. There were reports from WSJ and Axios indicated that Israel may consider an attack that showcased the depth of their offensive capabilities. Over the weekend defensive capabilities were showcasedShortby Mrsam360
USOIL Targets Upside Amid Geopolitical UncertaintiesAttention Traders, In today's trading session, our focus is on USOIL, with our sights set on a potential buying opportunity around the 84.70 zone. USOIL has recently broken out of a downtrend and is currently in a correction phase, approaching the critical support and resistance zone at 84.70. Adding depth to our analysis, it's essential to consider the geopolitical landscape. The escalation of tensions in the Middle East, particularly between Iran and Israel, has heightened market uncertainty and increased demand for oil as a geopolitical risk premium. Consequently, these tensions have the potential to drive oil prices higher, making it an opportune time to consider buying USOIL. Therefore, with USOIL displaying signs of a breakout and geopolitical tensions in the Middle East fueling buying interest, the combination of these factors suggests a favorable environment for a buying opportunity in the commodity around the 84.70 zone. Trade wisely, JoeLongby JoeChampion8824
Crude oil continues to be bullish, focus on 87.7 resistance leveCrude oil analysis Daily resistance is 87.7, support below is 83.4 Four-hour resistance is 87.7, support below is 86.3 Crude oil operation advice: Today, focus on the strong pressure above 87.7 from the four-hour and daily levels, and the support below is around 86 and 83.4. When crude oil falls to 86 and 84 and is blocked, you can participate in the long position. BUY:86~86.3 BUY:84.0~84.5 SELL:87.3~87.7 Technical analysis only provides trading direction! Longby ActuaryJUpdated 24
next idea market A trading plan is a set of rules that specifies a trader's entry, exit, and money management criteria for every purchase. With today's technology, test a trading idea before risking real money. Known as backtesting,this practice allows you to apply your trading idea using historical data and determine if it is viable.14:24by Vishalatul0971
Usoil up Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market's volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today. Confirm usoil signal Shortby JohnHarry_70
Continuation of the bullish bounce?WTI oil (XTI/USD) has bounced off the pivot which has been identified as a pullback support. Could this commodity continue to rise towards the 1st resistance? Pivot: 84.99 1st Support: 83.52 1st Resistance: 87.77 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets1
CRUDE OIL have a CLEAR PATHOil prices could see spike well above 88 -92 in this month if conflict escalates after iran attack on Israel. its hard to oil to go lower than 83-80. there is no fundamental for oil going lower. beware there is a chance to go 82-83 before (80 at last) before we go higher for this month. (please dont risk more than 2% in trade) watch your risk management. Good Luck. i try to always we will keep you all updated . Please don't forget to like, comment and follow to support me, i really appreciate you support ! Goodluck i'll help you to have a great trade. Please using good money management. dont take any emotional trade. Note: Dont risk more than 0.2% on trending market Dont risk more than 1% on ranging market Wish good luck for all people. Please help support me by Clicking like button, and if you like my ideas please follow me and support me. i Relly Appreciate it! i'll make more and more great analysis if this chanel grows. on Gold, eurusd, gbpusd and oil specially. what do you think? please comment and rate below. Thankyou.Longby LaurentWilvyneUpdated 338