WTIWti idea Trend Line W patern Fibo 38.2 long PA TP 84.600 Long idea 82.940 Entry priceLongby teriforexpremiumUpdated 1114
OIL TRADE LONH TERM VIEWFollowing 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 highLongby Osamudiamr2
us oilLiquidity swept on the upside. Imbalance left behind. Entry on the 1 min fvg. Shorts targeting sell side liquidity. Shortby hskarue2
USOIL UNIUE IDEA#USOIL UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL.USOL is ready for a good in this move we can see drop upto price level 77 to 75 soon. Keep in touch we will update further soon.Shortby Williamforex115
USOIL Bearish MomentumUSOIL: The structure exhibits a bearish trend on lower time frames (LTF). Price has retraced to a critical decision point, marking a pivotal juncture. With the market transitioning into a bearish environment, I anticipate further downward pressure, as delineated on the accompanying chart.Shortby Koolermactrez0
CrudeOil Buy SignalWe have bullish signal on USOil H1 chart, Risk reward 1/2. Bulls formation is clear, i think they can renew current resistance...Longby ilia.gobadze1
Potential bullish bounce of 38.2% Fibonacci pullback supportWTI oil (XTI/USD) has made a bullish bounce off the pivot. Could this commodity potentially continue to climb towards the 1st resistance? Pivot: 83.17 1st Support: 81.86 1st Resistance: 85.42 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
USOIL BULLISH CANDLE Hey There on 1htF the USOIL has been continue rise upside from on Monday and will recovery upside when slipped highly down on last Friday and now we can see that will Go upside again push upside so here we can see again buy side from 82$ to 84$ Longby DvsTraderfirm1
Oil slips back into key range Oil futures are struggling to regain their footing this week as traders perceive that risks of the Middle East tensions impacting supply have eased. The lack of damage or casualties following the retaliatory attacks Israel launched on Iran on Friday has led Iranian officials to deny any further retaliation from Tehran, a successful effort from diplomats who have been trying to avoid an all-out war since the attacks began earlier this month. US crude (WTI) futures have been dropping for the past three weeks as traders price out supply shocks, but Friday’s attack caused traders to re-price some of these risks, pushing WTI back above $85 per barrel. The lack of further developments has left oil traders struggling to consolidate further bullish momentum as risk premiums tend to not last if supply is not actually disrupted. Adding further pressure on oil prices are reports that Russia has downgraded its export price forecasts. Technically, WTI is facing increased pressure from a key support/resistance range between $80.65 and $82.54 per barrel. This area has proved to attract increased two-way trade, often seeing price venture along this range for a few days before being able to break out on either side. The brief rally from the past two days has stalled just below $83.50 as sellers continue to dominate the short-term momentum. The RSI has started to drop below the mid-line (50) suggesting the bearish pressure continues to consolidate. That said, buyers attempted to reverse the daily losses on Wednesday afternoon as the latest US inventory data showed the first drawdown in a month. Inventories dropped by 6.37 million barrels in the week to April 19th after four weeks of increases totalling 15 million barrels. So far the impact seems to be limited with WTI still down 0.7% on the day at the London close. by CapitalcomUpdated 2
CRUDE OIL (WTI): Bullish Move From Key Support 🛢️ On a today's live stream, we spotted a very bullish pattern on WTI Crude Oil: inverted head and shoulders formation after a test of a key horizontal support. We see a confirmed neckline breakout of the pattern. It increases the probabilities that the market will go up now. Target - 84.5 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1112
CRUDEOIL / USOIL / WTI Bullish Analysis Robbery PlanDear 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 we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Longby Thief_TraderUpdated 1
Does the rise of oil continue?📊 According to the upward movement momentum of the price, if the range of 83.20 units is broken and the price stabilizes above it, the price may increase to the range of 84.00 units🎯, and in case of strength, the range of 85.00 units🎯🎯. 📊 Otherwise, the price may drop to the range of 82.00 units.Longby arongroups9
USOIL-bias long 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 Longby gouthamkulal1Updated 5
Buy setup in UsoilWe 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 83.25Longby TradeHubLive5
USOIL Is Bullish! Buy! 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 long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 115
Market Analysis: Oil Price Regains StrengthMarket Analysis: Oil Price Regains Strength Crude oil price is rising and it could climb further higher toward the $85.50 resistance. Important Takeaways for Oil Prices Analysis Today Crude oil prices are moving higher above the $82.00 resistance zone. There was a break above a connecting bearish trend line with resistance at $82.00 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price started a decent increase against the US Dollar. The price gained bullish momentum after it broke the $81.10 resistance. There was a break above a connecting bearish trend line with resistance at $82.00. The bulls pushed the price above the 50-hour simple moving average and the RSI climbed toward 65. There was a clear move above the 50% Fib retracement level of the downward move from the $85.48 swing high to the $80.59 low. Immediate resistance is near the $83.60 level. It is close to the 61.8% Fib retracement level of the downward move from the $85.48 swing high to the $80.59 low. If the price climbs further higher, it could face resistance near $84.30. The next major resistance is near the $85.50 level. Any more gains might send the price toward the $87.00 level. Conversely, the price might correct gains and test the $82.70 support. The next major support on the WTI crude oil chart is near the 50-hour simple moving average at $82.00. If there is a downside break, the price might decline toward $81.10. Any more losses may perhaps open the doors for a move toward the $80.00 support zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen2213
OILAfter 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.Longby Migdad_A2
Buy in US OilAs the morning we had a good run in Oil. with an impulse run we got the Tp. Now the price dropped to bottom The price is now planning to retrace to 60% of the Impulse leg. lets take a buy. Longby TradeHubLiveUpdated 6
Crude oil bottoms out and continues to riseCrude 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 83 mark. In the evening, it fell rapidly downward and pierced the 80.9 mark before the US market and stabilized and rebounded. The strong consecutive positive trend led to a breakthrough and stood on the 83 line, which opened in the morning, and continued to strengthen. Finally, the closing accelerated and broke through the 83.5 line to close strongly. The overall price stabilized with secondary support at the 80.9 mark. The short-term price once again returned to the long-short wide shock range. Today, the lower support focuses on the 82.3-82 area, and the upper pressure focuses on around 85.70. We will continue to rely on this range to maintain the long-short wide range during the day. shock BUY:83.4-83.2 SELL:82.1-81.8 SELL:81.0-80.7 Technical analysis only provides trading direction! Longby ActuaryJ6
Oil 15Min 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 2Longby deadparkcityUpdated 1
Crude Oil Technical Analysis The crude oil market is as expected. The Asian and European markets are falling. The US market continues to be optimistic about the bulls. The market has tested as low as 80.7. Our stop loss is placed at 80.5. The US market still maintains low and long positions. The lower defense is placed at 80.5. The target is first. See if 82.5 breaks. If it breaks 82.5, it will test the high point of 86.4-87.7. We are optimistic about the range between 80.5 and 86.7. Before breaking through 80.5, keep the overestimation and underestimation within the range, and pay attention to the rational use of your own positions. Longby Jerome-LeonUpdated 8