W-Formation in USOIL Signals a Strong Bullish Opportunity
USOIL has formed a classic W-bottom pattern, with the only remaining resistance around the MA30. There is a high probability of a breakout, making this an ideal time to go long.
If you have been holding a long position and were concerned about it, congratulations—you're likely to see a favorable outcome soon. Moreover, if your available capital allows, this is a strong opportunity to add to your position and maximize potential gains.
Usoilsignal
Why Accumulation Signals a Bullish Future for USOILH ello,
Per the green dotted lines, large players seem to accumulate USOIL. The rising volume data on the bottom chart backs this claim.
The price action resolves within a falling channel. This kind of channel usually breaks upwards. The combination of the bullish channel and the accumulative sentiment signals a bullish future for USOIL.
The same approach was profitable in 2022 and formed a successful trade until July 2022. Unless USOIL breaks the green support zone downward, I expect a bullish outcome in the upcoming long position.
Regards,
Ely
Today's crude oil trading strategyCrude oil Today's ’U.S. EIA crude oil inventory for the week to September 27th' data is sharply bearish on crude oil!
In addition, OPEC stated: the three countries have confirmed their compliance with the production reduction compensation plan, and the production reduction compensation is equivalent to a slow increase, so it is difficult for the added crude oil to rise!
Therefore, crude oil is still mainly shorted!
Today's crude oil trading strategy: short the market near 70.6, 71 increase the position operation
USOIL WTI Technical Analysis and Trade Idea👀 👉 USOIL WTI recently broke structure to the down side, as seen on the 4H timeframe. In this video, we closely examine USOil, discussing the trend, market structure, and price action. We also explore a potential trade setup.
**Disclaimer:** Forex trading involves significant risk, and market conditions can change quickly. The information provided is for educational purposes only and should not be considered financial advice. 📉✅
US OIL / WTI Bullish Money Heist Plan on Long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist US OIL / WTI based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 30m timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
USOIL:Long, TP 78-82
After achieving our long position target, we initiated short trades and have already secured a good profit. Orders are now being closed in batches.
From a trend perspective, there's a short-term need for a rebound, though it likely won't be strong. There's still some downside potential, mainly considering the need to fill the gap around 74.9. In the medium term, I believe the likelihood of an upward move is higher, with a target around 79- 82.
USOIL: BUY@73-70 TP 75-78
Oil prices have fallen sharply recently and have touched the support level near the previous low. There may be a range of fluctuations here, but the final breakthrough must be upward, so my trading direction is very clear, buying around the 73-70 area, with a target of 75-78.
USOil WTI Technical Analysis and Trade IdeaThe current USOil chart exhibits clear signs of price overextension, with the asset pushing into a critical resistance zone. Given this technical setup, a retracement appears probable. My strategy involves seeking a long entry, but only if the price experiences a pullback to the key Fibonacci retracement levels, specifically targeting the 50% to 61.8% zone.
It's crucial to contextualize this analysis within the broader macroeconomic landscape. The recent Bank of Japan rate hike has injected significant volatility into global markets. We must anticipate and account for potential continuation of these heightened volatility conditions, as they could materially impact price action and risk management parameters.
This technical and fundamental confluence presents a compelling setup, but as always, proper risk management is paramount. Traders should conduct their own due diligence and consider their individual risk tolerance before executing any positions.
Disclaimer: This analysis is provided for educational and informational purposes only. It does not constitute financial advice or a recommendation to enter any specific trade.
Oil: Keep buying.
Wait until it reaches a high and then go short.
For a month, I used the correct trading signals as a reference. This is what everyone can see. There is no mistake in the operation.
I want to post my views here to save those who continue to lose money. Or those who don’t know how to trade or don’t make any profit. I just use my expertise.
If you keep losing money, leave me a message. Even if you are a novice. Follow me and you can see the changes in your balance in a very short time.
USoil: Oil prices will continue to rebound this week.Oil is about to form an oversold rebound situation, and the target this week is expected to be above 74. The current price is around 72.2. The USoil quote on tradingview is used as the basis.
Investors with large amounts of funds can buy in advance.
If your trading continues to lose money. Or the profit is not ideal. Remember to refer to my trading instructions or follow me. Prevent further losses. NYMEX:CL1! MCX:CRUDEOIL1! NYMEX:MCL1! MATBAROFEX:WTI1!
Bullish US OIL Trade IdeaUS Oil has bounced back from support with high-volume candles, nearly testing the support level. The price is expected to start moving in a bullish direction. Target profit prices are marked on the chart, and with the stop loss at the designated level, we anticipate a favorable risk-reward ratio for this trade.
Updates will be provided daily.
Oil prices can still be shorted at around 77 to make a profit.
The overall trend of oil shows the closing stage of the arc top. There are still some opportunities for decline to short the oil price to make a profit.
I am EDDY. Senior Financial Analysis Consultant.
I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better than before. There are many trading opportunities every day.
I have been observing investors in the market for a while. I can't bear to see some people in the market continue to lose money because they don't know how to trade. So I plan to continue to share my operating ideas for a while for your reference.
If you are still confused about the trading market, you can continue to pay attention to my updates.
Crude Oil Analysis and Trading Signals UpdatesCrude oil technical analysis
Daily resistance 83.4, support below 80.62-79
Four-hour resistance 83.4-82.5, support below 81.2
Crude oil operation suggestions: Crude oil fluctuated and consolidated in a narrow range at a high level last Friday. The overall price continued the recent high-level fluctuation and consolidation rhythm. Today, the upper pressure continues to focus on 82.5-83.4. The intraday rebound continues to short at this position. The lower support focuses on the 82 mark. The short-term crude oil strong dividing line focuses on the 82.5 mark. Before the daily level stabilizes at 83.4, continue to sell at a high price around 83.4.
SELL:80.7near
SELL:82.5near
SELL:83.4near
Technical analysis only provides trading direction!
USOIL: Trend Analysis and Trading StrategiesCrude oil technical analysis
Daily resistance 83.4, support below 79
Four-hour resistance 81, support below 81.3-80
Crude oil operation suggestions: Last Friday, the overall oil price fell first and then rose, breaking through the 82.7 mark, and then fell back and bottomed out, breaking through the 81 mark and closing weakly.
The overall price showed a fluctuating upward rhythm. Today, the lower support continues to focus on the low point of 81 last Friday, and the upper pressure focuses on the vicinity of 82.5-82.7. If the upper 83.4 is not broken, continue to see the oscillation operation first, and if 83.4 is broken, the bulls will start
SELL:82.0near SL:82.40
SELL:83.4near SL:83.70
Technical analysis only provides trading direction!
USOILOil analysis
Time frame 4 hours and 12 hours
Middle oil oil broke and stabilized its 12-hour trading range. Now it has formed a new 4-hour trading range, the supply and demand areas of which are clear in the picture. The price is expected to return to the limit of $80.7 and move towards the target of $84 by filling the FVG.
USOIL, sell high and buy low to participateTechnical analysis of crude oil
Daily resistance 83.4, support below 79
Four-hour resistance 81, support below 80-78.5
Crude oil operation suggestions: Crude oil 4-hour chart is still shrinking and consolidating, and short-term contraction and shock are waiting to accumulate momentum to open up space. In the short term, there is still an expectation of further downward adjustment. Today's upper resistance focuses on the opening of yesterday's hourly line around 81.3-81.5. The intraday rebound relies on this position to continue to look down with the main short. The short-term support below focuses on 79.7-79.5. The European and American markets stabilize at this position once more and then look at shocks and rebounds. Sell high and buy low (At the same time, beware of the technical changes and there is also a warning of a sharp drop and wash)
SELL:80.7near SL:81.10
SELL:82.0near SL:82.40
SELL:83.4near SL:83.70
Technical analysis only provides trading direction!
Crude Oil Market Analysis and Trading SignalsTechnical analysis of crude oil
Daily resistance 83.4, support below 77.5
Four-hour resistance 82, support below 80.7-79
Crude oil operation suggestions: After a bottom rebound in the daily chart of crude oil, the upward momentum has slowed down. Short-term is accompanied by a second roundabout retracement confirmation. The daily chart uses the middle track as the support point. Go long after the retracement confirmation.
Today's lower support continues to focus on yesterday's hourly neckline support of 80.5. Relying on this position, the main bullish trend remains unchanged. The upper target is still near the daily pressure of 83.4. The short-term bullish strong dividing line focuses on the 80.7 mark. If the daily level stands firm at this position. Continue to follow the trend and do more. Short selling can participate near the daily resistance of 83.4. (At the same time, beware of trend changes, and there is also a warning of a sharp drop in the technical side)
SELL:80.7near SL:81.10
SELL:82.0near SL:82.40
SELL:83.4near SL:83.70
Technical analysis only provides trading direction!
USOIL: Short near 81.and Support 79.5~79.7Crude oil technical analysis
Daily resistance 83.4, support below 77.5
Four-hour resistance 81, support below 80-77.5
Crude oil operation suggestions: Crude oil slightly rose to 81 yesterday, and then fell back and fluctuated sideways under pressure.
The overall price support stabilized above the 80 mark, showing a strong bullish oscillation rhythm. The short-term local decline adjustment will not change the overall bullish strength. At the same time, short-term adjustments will provide better opportunities for long orders to enter the market.
Today's support is around 79.7-79.5. If it falls back to this position during the day, continue to go long. The upper target continues to focus on the new high. The short-term bullish strong dividing line focuses on the 79 mark. If the daily level stabilizes above this position, continue to go long at a low price.
SELL:80.0 near SL:80.40
SELL:81.0 near SL:81.30
SELL:83.4 near SL:83.70
Technical analysis only provides trading direction!