USOIL - H1 ANALYSIS1. Invalid area 2. Liquidity want to be taken 2. Break of Struture is here for brearish trendby inter_matrix2
Crude Oil (WTI) may rise to 80.00 - 80.65Pivot 79.20 Our preference Long positions above 79.20 with targets at 80.00 & 80.65 in extension. Alternative scenario Below 79.20 look for further downside with 78.70 & 78.20 as targets. Comment The RSI is mixed to bullish. Supports and resistances 80.90 80.65 80.00 79.76 Last 79.20 78.70 78.20 Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson1
Asset: US Oil Action: Sell Entry Price: $79.720 Take Profit TRGTTrade Details: Asset: US Oil Action: Sell Entry Price: $79.720 Take Profit Targets: $79.003 $78.500 $77.500 Stop Loss: $80.732 Analysis: The decision to sell US Oil at $79.720 is based on market analysis indicating a potential downward movement in the oil price. This analysis could stem from factors such as geopolitical tensions, supply-demand imbalances, or economic indicators affecting the oil market. By setting take profit targets at $79.003, $78.500, and $77.500, the trader aims to capitalize on potential price declines at these levels. These targets are strategically chosen based on technical analysis, support levels, or previous price action. The stop loss at $80.732 acts as a risk management tool, limiting potential losses if the trade moves against expectations. It's crucial to monitor market conditions and adjust the trade strategy accordingly to maximize potential gains or mitigate losses. Traders should also consider factors such as news events, economic data releases, and overall market sentiment when executing and managing trades in the volatile oil market.Shortby FOREX_trade_0122105
usoil1h-4h Time Cur. Imp. Event Actual Forecast Previous 20:30 USD Continuing Jobless Claims 1,900K 1,906K 20:30 USD Core PPI (MoM) (Feb) 0.2% 0.5% 20:30 USD Core Retail Sales (MoM) (Feb) 0.5% -0.6% 20:30 USD Initial Jobless Claims 218K 217K 20:30 USD PPI (MoM) (Feb) 0.3% 0.3% 20:30 USD Retail Control (MoM) (Feb) -0.4% 20:30 USD Retail Sales (MoM) (Feb) 0.8% -0.8% 22:00 USD Business Inventories (MoM) (Jan) 0.2% 0.4% 22:00 USD Retail Inventories Ex Auto (Jan) 0.3% 0.4%by EMDE51
USOIL upside target 82.0USOIL fluctuates upward in the short term, and the bullish trend is dominant. At present, we can focus on the support near 78.35. If it stabilizes, we can consider going long. The upper resistance should focus on around 82.0.Longby XTrendSpeed0
XTIUSD (Crude OIL) OUTLOOK | 30mWhat do you think? RBD = Rally Base Rally Supply Zone LQP = Liquidity Poolby curtal5
WTI CRUDE OIL Potential rejection on a Falling Resistance.WTI Crude Oil is close to making a 3rd contact on the Falling Resistance, which last time ended in a 4hour MA200 test. Along with the Rising Support, this pattern resembles December-January, which later broke upwards to a new High. Until it does, sell and target the 1day MA200 again at 77.50. Follow us, like the idea and leave a comment below!!Shortby TheCryptagon8
Usoil-trend analysis Oil has currently fallen below the 77 support. It is currently undergoing a short-term correction. The previous support point has turned into a resistance point. The resistance range is 78-78.3. Currently, oil is still oscillating in the 77-78 range. So now we change our previous thinking. If you reach the resistance range, you can choose to sell If you don’t know how to trade, join me and let my analysis improve your trading success rateShortby UnknownUnicorn66789012Updated 3
OIL and Post Payroll Price Action Based On Nov, Dec, Jan, Feb The February Payroll candle was fully retraced. Liquidity is taken on the bottom (Monday) and the price continues higher (Tuesday ->) In January, the price continued lower against the direction of Payroll price action. It created Low on Monday and continued towards its High clearing it on the last day of the week (Friday). December Payroll price action was rather unusual. Payroll candle had small range and full and didn't change the price at all. It creates three drives pattern and fully clears the Thursday bottom by Friday when inflation news hits the market. November payroll was also small and was itself clearing a double top liquidity, then breaking down for the foreseeable weeks. My prediction for the oil price action is that it will first clear the liquidity to the downside. There are three relatively equal lows (outside liquidity) and also Fair Value Gap from higher timeframes as per my previous analysis. This will setup the price to move higher eventually when supported by fundament (voluntary cuts). I don't think it will go as far as previous NFP range to bounce from it, but just in case I extended it towards this month.Longby OrcChieftainUpdated 3
USOIL: Bearish Continuation & Short Trade USOIL - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell USOIL Entry - 79.33 Stop - 79.87 Take - 78.26 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals338
OILUSDOILUSD has reached a fib level retracement back into 50% - 61.8% support zones. This is a strong BUY opportunity, with great upside potential back to previous ALL TIME HIGH of $130.00. The 127% is a future Target for a NEW high. And if price push pass there, we could see price reach the 161% fib target 2. Now, is the best time to get into position. Longby shaunte20182
WTILong idea triangle out UP Waiting news 15:30 Entry 79.000 price TP1 : 86.218Longby teriforexpremium4
Gavin crude oil strategy short high The short-term (1H) trend of crude oil has entered a volatile rhythm, with the range ranging from 77.57 to 79.08. The short-term trend is within the blue channel. The upper and lower edges of the channel play a certain role in supporting and resisting oil prices. It is expected that crude oil will continue to fluctuate in the short-term. oilsell:79.60-80.1 TP:79.1-78.6 SL:80.8Shortby Gavin-analystUpdated 1
#WTI #WTI seems like have finished the correction wxy. This analysis now is contrarian to most of other viewsby Fomenka227
USOIL SELLERS WILL DOMINATE THE MARKET|SHORT Hello,Friends! Bearish trend on USOIL, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 77.74. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals1110
WTIWest Texas Intermediate crude🔻🔻🔻 Oil prices in the regions are expected to fall towards US$74 per barrel 🛢Shortby qaiserwh1114
Usoil has returned bullish side Hey there on Usoil 1h looking for bullish candle and also way to return their previous sell side have touch but now it's a bullish candle tp make upside Longby DvsTraderfirm2
Falling towards 50% Fibonacci supportWTI oil (XTI/USD) is falling towards a pullback support level at 75.89 that aligns close to the 50.0% Fibonacci retracement level which has been identified as a pivot point. Could price bounce off this level and potentially climb higher towards the 1st resistance? Pivot: 75.89 Support: 73.45 Resistance: 80.79 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 ICmarkets4
USOIL short idea I have an idea of risky short on USOIL , u see USOIL trading in rising channel. But in channel i see local trendline (mostly visible on H1 chart) broken. I think it will go touch downside of channel.Shortby traderstube2
OIL LEVELSWe give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 100 pips.by hindaljasserUpdated 2
4H USOILUSOIL forming symetrical tryangle, mentioned sell area from the upper area of trendline. support area also mentioned. wait for proper breakout. buy from support area. sell from trendline area.Shortby sbktraders1242
Crude oil: 78.6 sold TP: 76Crude oil market analysis Everyone look at our analysis yesterday, crude oil is the planned 78.50 near the empty, yesterday twice in 78.50 below have been suppressed down, crude oil 78.50 is a suppressed platform, today's first touch or can be empty, crude oil to see shocks, long and short can be on, such shocks need to follow its rhythm, crude oil bears more strong this week, And the bears have the possibility of looking for big support from the previous bottom. Crude oil: 78.6 sold TP: 76Shortby TrendhandUpdated 118
Usoil analysis 4h (read caption)Hello trader' what do you think about usoil 1. **Initial Analysis**: You mentioned a strong buy signal for Usoil to reach higher highs, but it has since broken and rejected the area around 79.90 and 80.00. 2. **Resistance and Support Zones**: Currently, you're observing the market testing resistance zones at 79.80 and 80.20. If these levels hold, the market may experience a pullback towards support zones at 75.60 and 74.70. 3. **Stop Loss Level**: It's important to set a stop loss to manage risk. You suggested a stop loss at 81.50 to limit potential losses if the market moves against the anticipated direction. Please like comment and follow thank you for support Shortby Forex_Signals_io0