OIL long zoneOIL now near to strong support this zone pullback the price 4 times should the price pullback retest agin downtrend on H4 Longby asmarfallta117
Crude Oil...Oppertunity to short or New high beginning..!!As expected crudeoil heading towards the rejection structure....will it give a sharp fall or will break the structure ....Most of the breakouts gets failed and as such there is no news that crudeoil should break the structure....but still we have both opportunities...if breakout happens wait for retest...and rejection came the go for short...by tembhurnepranay030327
US oil H4West Texas Intermediate US Crude Oil prices show some resilience below the $67.00 round-figure mark and attract some buyers at the start of a new week. The commodity currently trades just below mid-$67.00s, up 0.60% for the day, and for now, seems to have snapped a three-day losing streak to a three-week low touched on Friday. Shortby dipen2283
USOIL - Swing Breakout-> USOIL - is now breaking the swing support -> Seems Bullish for next few weeks -> Expecting a rally towards $72.00 -> If $72.00 breaks, next resistance will be $77.00 -> Good Luck, Traders!Longby One_TargetUpdated 11
Crude zone to zone doneCrude took exact reversal from demand zone and reach target supply zone Zone to zone done Longby AIQuant-X2
Crudeoil ....Showing Bullish Momentum .....Crudeoil always taking support from 67 doller.....buyers still holding their positions to 67 doller.....last war news had affected it and pumped up.to 78 dollers.....its consolidation period now....may after few rejections it will break the structure...hopefully we will see the bullish rally again... by tembhurnepranay03032
Oil Support&Resistance LevelsOil forming a rouding bottom pattern at demand zone where it previously tested this zone held and rallied back to 73 area expecting same if this 69 area voilates above sustains that 73 mark will acheive eaily. key levels to watch for 69 above and 67 below in between it will range as it is doing same as of now. A breakout above or break down below only could give us a good moves.by rakeshreddymUpdated 2212
USOIL ORDER BLOCK | LONG TRADEUSOIL ORDER BLOCK | LONG TRADE Hi Traders, This is Usoil 1hr + 4Hr OB according to smc we will see buying from this level. Best time to take trade is 5 min CHoCH Only for education Purpose Give like, SHARE , FOLLOW FOR MORE UPDTAE Longby PM_Patil226
USOILHow to potentially make 700-800 pips it starts off by giving a real top down analysis and from there things begins to unfoldShort07:04by Victor_Hunter_Turner1
USOILHow to potentially make 700-800 pips it starts off by giving a real top down analysis and from there things begins to unfoldShort07:04by Victor_Hunter_Turner1
OIL LONG YOU got a good chance for BUY on this area .. maybe after 67 and 68 going 77. and 80 Longby asmarfallta2210
USOIL: Bearish Reversal from Key Resistance at $69.36 Market Overview: Crude oil (USOIL) is currently facing resistance near the $69.36 level on the 15-minute timeframe. After a sharp recovery, the price is showing signs of exhaustion with bearish rejection candles forming at this key resistance zone. This suggests that sellers may regain control, potentially driving prices lower toward the next support level at $68.07. USOIL: Bearish Reversal from Key Resistance at $69.36 – Targeting $68.07 Market Overview: Crude oil (USOIL) is currently facing resistance near the $69.36 level on the 15-minute timeframe. After a sharp recovery, the price is showing signs of exhaustion with bearish rejection candles forming at this key resistance zone. This suggests that sellers may regain control, potentially driving prices lower toward the next support level at $68.07. Technical Analysis: 1. Resistance Zone ($69.36): - The price has tested this level multiple times, creating a significant barrier for further upward movement. - Bearish candlestick patterns at this resistance indicate strong selling pressure. 2. Support Zone ($68.07): - The next key support lies near $68.07, a level that previously acted as a demand zone and could attract buyers. 3. Trend Structure: - The overall structure suggests a potential bearish continuation as the price approaches resistance and begins to reverse. 4. Risk/Reward Ratio: - With a stop-loss placed at $69.53, this trade offers an attractive risk/reward ratio of approximately 3:1. Trade Setup: - Entry: Short at $69.36. - Stop Loss: $69.53 (above resistance to account for false breakouts). - Take Profit: $68.07 (near the next support zone). Key Considerations: - Bearish Confirmation: Wait for a clear break below intraday lows or additional bearish confirmation (e.g., a rejection candle or a lower high) before entering. - Market Volatility: Keep an eye on crude oil inventory reports or geopolitical developments that could impact oil prices. Conclusion: Crude oil is showing signs of a potential bearish reversal at a strong resistance zone, providing an opportunity for short positions. Traders should manage risk carefully, monitor price action, and adjust their strategies in case of unexpected volatility. Conclusion: Crude oil is showing signs of a potential bearish reversal at a strong resistance zone, providing an opportunity for short positions. Traders should manage risk carefully, monitor price action, and adjust their strategies in case of unexpected volatility. Shortby EliteTradersChoudharyJIUpdated 19
Crude Oil 71.75 Crucial level_Break Upside Go LongThe U.S. Dollar And Oil Relationship Is Changing. Historically, the price of oil is inversely related to the price of the U.S. dollar. A barrel of oil is priced in U.S. dollars across the world. When the U.S. dollar is strong, you need fewer U.S. dollars to buy a barrel of oil. When the U.S. dollar is weak, the price of oil is higher in dollar terms. The United States has historically been a net importer of oil. Rising oil prices cause the United States trade balance deficit to rise as more dollars are needed to be sent abroad. The former still holds true today, the latter….not so much. Due primarily to the success of horizontal drilling and fracking technology, the U.S. shale revolution has dramatically increased domestic petroleum production. In fact, the United States became a net exporter of refined petroleum products in 2011, and has now has become THE largest producer of crude oil overtaking Saudi Arabia and Russia! Longby Pranay_Kamdi5
US crudeoilmultiple support around 61-65 levels in last 2 years .observed when ever enters this zone after correction strong pull back rally follows , now also this month touched near 65 level on rising trendline support zone .If holds for next 2-3 weekly trading session strong recovery can be expected ,.and it support level 60-65 zone holds for next 3-4 month can see big recovery in crud oil price towards 110-140 level in 2025 . View fails if month close start closing below above mention support levels . ( this are my personal views on knowledge i acquire i might be wrong to .)by deepshah19826
Crude oil current scenario.. Crude is at a crucial support, and at bottom of descending triangle.. the 2 possible scenarios are marked, aggressive players can try a long here will SL below support marked, follow the arrows for a buy or a sell positions with target of next support or resistance respectively.. Disclaimer: Thinking out loud not a Buy or Sell Recommendation.. by buddingtrader1122
WTI Crude Oil Analysis: Key Levels and $65 Accumulation StrategyThe WTI Crude Oil chart highlights a long-term bearish trend, with price testing key support and resistance zones. Here's a concise breakdown: Key Levels to Watch Support Levels: $65.00 (immediate), $61.52, $56.97, $55.00, $51.76, $42.87. Resistance Levels: $72.80, $78.44, $83.64, $93.40. Current Opportunity for Swing Trade Accumulate near $65.00 with a stop-loss slightly below $65.00. Targets: $69.00, $72.80, $78.44. Trade Setups Bullish: Enter on $65.00 support bounce or breakout above $72.80. Bearish: Short on rejection at $72.80 or breakdown below $65.00. Market Outlook Bearish Bias: Break below $65.00 could lead to $61.52 or $56.97. Bullish Reversal: Break above $72.80 targets $78.44 and beyond. Longby ayusharya_0013
CRUDE OIL TRADE SETUP Crude oil breaks yesterday low $67.952 and traded around like a support levels now making higher highs formation on 15mins chart . Much possibilities crude oil can drive to yesterday highs . Stay tuned with me for more updates Longby alokakhil3
Biggest buy entry for a month - educational purposeUS OIL - buy/long .Seems like we can go long from here. Checking my strategyLongby sufficientChee900352
Crude Oil 13th NovCrude Oil- It has a bearish structure. It is tested the Supply zone ( 72.95 -74.77 ) and it's trying to take out the swing low now. Lately it has been making a base so we'll wait for further momentum before taking any entry. THIS IS MY PERSONAL ANALYSIS NOT A TIPShortby Pranav_DocStocksUpdated 1
USOILExpecting Bearish Head & Shoulder. Neck line is 67 and PRZ is 60. The target of a Head & Shoulders pattern is typically determined by measuring the vertical distance from the pattern's head to the neckline and then subtracting this distance from the neckline's breakout point. This target represents the potential price decline after the pattern completes and the trend reversal occurs.Shortby NoviceCall5
Crude WTI Bullish Reversal hello everyone, Crude WTI bullish reversal harminic Pattern + 61% retracement + RSI oversold, possible upside reversals.Longby finvestalgo3314
Us oil VIEW OF MONDAY Us oil give upside momentum if he came 69.18 then a bullish move we can expect from here ✅✅✅✅✅✅✅✅✅✅✅✅Longby ankitkumarp522
Crude oil trade:- As per chart crude oil break its previous low $70.142 and still trading below. Previous day candle made full of bearish candle it can also continue its lower side rally to $ 69 . STAY TUNNED FOR MORE UPDATES FOLLOW ME Shortby alokakhil1