Hi Traders! USOIL is in an ascending price channel as it looks to break back above the 75.00 level. Here are the details: The price action looks currently bullish; the market swings are getting higher, and the price is about to break back above the 20 EMA. Our idea here is to buy market dips leading up to the 20 EMA break. Short-term targets are levels around...
USOIL is trading under descending trendline. The price was reacting well the support and resistance of trendline. Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be 74.50...
US CRUDE OIL New forecast The price perfectly fulfills my last idea and price reached to our targets +120 pip . Oil price trading settled above the level of 73.72, heading towards resuming the ascending wave within the ascending channel shown in the chart, where it touched the first positive target at 75.06, and we expect the ascending wave to extend towards...
Keep asking me about oil. Last week I emphasized that oil did not fall below 74 and will continue to rise this week It can be seen that yesterday the lowest oil price reached around 75.8 and the highest reached around 78.2, but it did not break through 78 many times, so it can be judged that the current range is between 75.8-78.2 In an upward trend, you mainly...
Oil is still in an upward trend, wait for the right support point to buy During the recent period, the highest point of oil was 75.8 and the lowest point was 70.5. Daily line: 67.71 support point, 79.8 resistance point 4H: 70.5 support point, 76.18 resistance point These three important resistance points are 76.1-76.7-77.1 I see the possibility of oil bottoming...
During the day, focus on the support near 76.70 to maintain a bullish attitude. The situation in the Middle East is currently escalating, and the probability of crude oil rising in the market outlook is relatively high. Above, focus on the resistance of 78.40/79.3
Hello friends, Luke here again. As a recipient of several regional trading awards, I'm excited to be part of TradingView where I can share my strategies with you daily, hoping to be of assistance. I've previously emphasized a bullish target for crude oil at $80. Currently, the upward trend is clear, and dips should be seen as opportunities to go long. The buying...
Hello, friends. I'm Luke, a former champion trader in multiple regions, and I'm delighted to join TradingView to share my strategies with you every day, hoping to provide assistance. This week, I've analyzed that crude oil is expected to continue rising to the range of $78-80 per barrel. Today, it has reached a high of $77.5 per barrel, and I remain optimistic...
On the monthly charts, we have a consolidation around a strong demand level. On the weekly timeframe, we do not have a clear direction though the market seems to be pushing higher to mitigate inefficiencies at the 107-115 levels. Dropping down to the 4-hour chart, we have a bullish bias targeting 77-90 levels. Change of character plus flip zones in addition to...
TVC:USOIL USOIL (W) will aim for the $81.5 price area With a solid pinbar candlestick pattern, most likely, oil prices will return to the 81.5 price range within the next 1-2 months before new fluctuations occur.
Global energy markets continue to be rattled by the growing likelihood of supply constraints, with successful attacks in Ukraine on Russian oil infrastructure highlighting how easy it is to disrupt broad energy supply chains. WTI tested multi-week highs on Monday as market tensions mounted. The short-term (1H) trend of crude oil has recovered, and oil prices have...
Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: As we can see here price changed the character after taking sell side liquidity and started to form higher highs and higher lows. Now I look for a long position if price makes a retracement to fill the imbalance and then to reject from bullish order block. Like, comment and subscribe to be in...
Oil has been fluctuating recently, but it has been supported at 70-71 many times, which is in line with the upward trend. Therefore, if it falls back, you can choose to cooperate with the support point for short-term buying. Usoil:buy74-74.5 TP:75-75.5-76 SL:73.65 Join me, I will analyze how to trade every day and give trading strategies
Hello Traders! This is my idea related to USOIL H1. I see that WTI set a new WH and I expect a bearish move to close the FVG H1. If confirmed, it's a good opportunity to execute a Short Trade. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
Affected by geopolitical conflicts, oil rose yesterday and may continue to rise today. The highest point last week was around 75.2 Usoil:buy72.8-73.3 TP:73.8-73.5-75 SL:72.3 Follow the trend in short-term trading and control your positions reasonably. Join me and I will analyze my strategy every day.
US CRUDE OIL New forecast Oil price is trading positively, breaching the 72.90 level after failing to hold below the 70.82 level, and now it is trying to consolidate above the 73.88 level, providing signs of activating the positive scenario for the rest of the day, on its way to visiting the 75.06 levels, then 76.77, and 78.00 as the next main...
The range of oil is 70-75. It rose strongly yesterday. Trade following the trend. Usoil:buy72.3-72.8 TP:73.3-73.5-73.9 SL:71.9 Join me and I will analyze my strategies every day and help you how to trade
Oil has risen amid fears of potential supply disruptions amid recent criticism of Yemen's Houthi rebels over a UN resolution on Red Sea navigation Usoil:buy73.6-74.05 TP:74.5-75 Now that it has broken through the recent range, follow the trend in the short term. Join me and I will continue to analyze how to trade