USCRUDEOILCFD trade ideas
USOIL is FightingUSOIL Which is showing a great opportunity USOIL is fighting with the resistance. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
LONG USOILGeneral analysis
weekly: first beat upward trend
-price is above ma10 and supported by ma50
Daily: price is in the upward adjustment zone in an uptrend
- supported price is above ma50
The price crosses above ma10 by 1 candle with a full body.
- MACD is showing signs of crossing up and is above the zero line
script:
-Wait for the daily candle to close above the 10 day mark and is also a confirmation signal candle for a buy order on the daily frame.
Buy
entry= price range 79,885
stoploss= 76,790
TP1= 88,100
TP2=90,440
Wrong scenario when price cuts down to 10 days and breaks the latest bottom
Crude oil MCX also profit booking started more fall pending On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#USCrudeoil Update || Mar 11 - Forex
🛢️ Time Frame: 1 Hour
📉 Status: Bearish
📅 Date: 11.03.2024
🔸In the hourly timeframe, crude oil appears to be following a parallel channel, trading within a specific range.
🔸Expect upward movement in prices on Wednesday, possibly influenced by production reduction and inventory data.
#OilMarket #TradingAnalysis
U S Oil _ Live Market update 1
US Oil taking support at 144 EMA in daily chart. But, mere a touch is not important. Let it stay above it for atleast 3 hours but 16 hourly more candles from here i.e after 12:30 today. it will give a clear picture. So, have patience and watch till tonight and reap results from Tuesday onwards. Till 21st March it remain volatile.
Next target 94.
Disclaimer:
I am not a Registered Analyst with any of the National/International agency and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
U S Oil - Live Market update
Price Levels Buy only above 77.8, 78,48, 79.2 for today
Time candles
3-11-24 6:37 AM (Pivotal)
3-11-24 11:03 AM
3-11-24 3:29 PM
3-11-24 7:55 PM
3-12-24 12:22 AM
US Oil making lower start and is in the process of completing inverted head and shoulder pattern. Please read the instructions on the chart above price and time levels today. 3-11-24 6:37 AM candle is pivotal. Buy above high of it and sell below.
Disclaimer:
I am not a Registered Analyst with any of the National/International agency and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses
US _ OIL - How to trade on monday
US - Oil is making higher highs and due for a immediate target of 83.
Please read the notes as mentioned on the chart. Watch candle of 4:30 p.m. and buy above high of it and sell below.
Disclaimer: I am not a registered analyst with any National/International agency. It is only for educational purposes. Please consult your financial advisor before making any decision.
Let you grow. May! I follow you.
Thank you
CRUDE OIL NEXT MOVE (WAIT FOR CONFIRM ENTRY TO BUY )(04-03-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (04-03-2024)
Current price- 79.64
"if Price stay above 77.70 then next target is 80.80 and 81.90 and below that 76.40
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of principal to follow any position.
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US Oil - How to trade on Monday
Special Note: Marked are two white horizontal lines with 77.88 as the high on the chart, if price remains above this it is now going for long- term bullishness.
Please read the notes as mentioned on the chart and act accordingly.
Candles of 9:30 a.m., 3:30 and 10:30 need to be watched on Monday. Out of these 10:30 candle is going to decide the future trend.
Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Let you grow. May! I follow you.
Sell side trade analysis for XTIUSDXTIUSD (US Oil) is in an hourly time frame order block, if it shows a lower time frame (15 M) market structure shift (MSS) with leaving a clear order block with an imbalance behind, then the price returning to it will be entry for a sell side with a valid stop loss and target ( the next liquidity pool ).
I hope you understood the idea, any comments and doubts are entertained. Feel free to ask then below.
USOIL update | Forex | 27 FebTimeframe: 1 Hour
Bearish below :77.45
Crude oil may turn bearish below $77.45, with a target of $77.00. The 1-hour timeframe suggests a range-bound movement if it fails to sustain above $77.50 after hitting a high of $78.00.
-The yearly growth in oil supply from non-OPEC countries to be 700,000 barrels per day from 2024 to 2029.
-The forecast is that Brent oil prices will be between $60 and $80 per barrel until 2029, with the current price at $81.59 per barrel.
US Oil - Live Market Analysis
Please donot trade in US Oil unless resistance or support is broken , because stop losses will be hit both ways. 29th February 2024 is the key factor.
I am not a registered analyst with any of the Registered Agencies. Please consult your financial advisor before making any decision. This is only for educational purposes.
Crude oil WTI and MCX , till recent high not break will fall 99%On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit