Xti USD upside move possibleXti USD upside move possible
Buying above the 72.51
Stoploss 63.15
Target 91.30
USOUSD trade ideas
US - Oil
US Oil
In bearish channels now. Trading below 50 SMA. 10:46 candle today is pivotal in nature. If price does not go above this you may remain short till 3:00 p.m.
USOIL break down Usoil oil has broke the channel which was forming from last 15 - 16 days and further we can see the intraday level of 72,71 as well.
US Oil Future Weekly Analysis - 04 to 08 Dec., 2023🛢️ Unlocking Opportunities in US Oil Futures! 📈📉
Hey Traders! 🌐✨
Wondering where to invest next? US Oil Futures present an exciting opportunity that you don't want to miss out on! 🚀
📊 Trade Scenario:
Buy Position:
Entry Price: $77.42 📈
Targets: $77.8 and $79.94 🎯🎯
Add one lot at $76.76 🔄
Standard Stop Loss: $76.58 🔒
Preferred Stop Loss: $76 🚫
Sell Position:
Entry Price: $76.1 📉
Targets: $70.88 and $68.74 🎯🎯
Weekly Range: $2.52 📆
Standard Stop Loss: $78.55 🔒
Preferred Stop Loss: $77.52 🚫
📈 Rationale for Buying:
The current market conditions indicate a strong potential for an upward trend in US Oil Futures. The buy entry at $77.42 aligns with this anticipated bullish movement. Our targets at $77.8 and $79.94 represent key resistance levels that, once broken, could lead to substantial gains. To enhance your position, consider adding one more lot at $76.76, strategically positioned to capture potential upswings.
🚨 Risk Mitigation:
Setting a Standard Stop Loss at $76.58 and a Preferred Stop Loss at $76 is crucial for risk management. These levels act as safeguards, ensuring that potential losses are controlled if the market takes an unexpected turn.
📉 Selling Strategy:
When it's time to sell, consider executing at $76.1, with targets set at $70.88 and $68.74. The weekly range of $2.52 indicates potential volatility, offering opportunities for both intraday and swing traders.
🔄 Adapt and Stay Informed:
As the market evolves, stay informed and be ready to adapt your strategy accordingly. Keep an eye on market news, economic indicators, and global events that may impact oil prices.
📊 Disclaimer:
Remember, trading involves risks, and past performance is not indicative of future results. This is not financial advice. Make informed decisions based on your risk tolerance, market analysis, and personal financial goals.
🌟 Seize the Opportunity! Happy Trading! 🌟 #USOilFutures #TradingStrategy #FinancialMarkets 💹✨
USOIL WTI Crude Oil CMP 74.34TVC:USOIL
Crude Oil Is in up Trend To follow Till The Targets Of 83, Have a look on it.
Education Purpose only
Crude Oil production Cut Impacting Prices in Coming daysWTI Crude Oil Chart Forming a Nice Uptrend On Having Good Order Block Entry target can be 79-82-85$.
Crudeoil buy on dip till 72$ not break 89 $ upside Target 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
oil sell setupthought oil was bullish , but its invalidating every reason to justify that thought by changing structre,
so now im bearish on oil with my entry being suppply level 77.43
but will wait for more structure to review itself
US Oil
1. US Oil has greatest support at 74.99 marked by a white horizontal line.
2. Resistance at 78.05.
3. It will not break the resistance till 4th December 2023 at least.
4. For today this candle is pivotal 12-1-23 6:08 PM
5. This candle 12-4-23 5:03 PM is pivotal.
6. Price swing levels have been provided on the chart itself.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
US OIL - Update
US Oil flew yesterday as per my idea over 74.9 but trade cautiously because it is still trading below 200 SMA in daily chart.
It is no doubt trading above 38.2% Level of previous swing but candle of 11-29-23 12:56 PM *UTC +5:30) is going to play a pivotal role. Buy only above high of this candle.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
USOIL BULLISH HARMONIC PATTERN IN HOURLY TFCMP 75.21 BUYING ZONE 74.08-74.40 SL 73.71 TGTs 75.94/76/76/77.04 (Positional Hourly View)
US - Oil Live Market Analysis
Buy US Oil above 74.9. As you can see there is a new wave starting from here. 10:21 a.m. candle is crucial for the day.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
buy us oil it has been oversold and trading in good range of price. expecting a good rally from current price.
US OIL
Presented are the time and price levels for US Oil for 27th November 2023.
Please adhere to proper time levels. especially high and lows of time candles.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
US Oil - Update
For the sake of simplicity and understanding of each one of us, on the monthly chart of the commodity, I have drawn just two parallel lines in white and green between 75 and 76.88. The stock; though commodity is trading below 200 SMA yet showed its bullishness in the last week and traded from 72 to almost 77 and now trading back above 76. In terms of INR 6400 is a Gann Number and if the stock starts trading above this, nothing to worry at all.
It seems gaining its monthly level again and turning bullish again.
Commodity is in oversold zone as per William's %R.
Today's time candles are 11-24-23 4:25 AM
11-24-23 8:51 AM
11-24-23 1:17 PM
11-24-23 5:43 PM
11-24-23 10:08 PM
Out of these, the pivotal candle is 11-24-23 8:51 AM. Buy, above high of this and sell below.
Please set your tradingview account to time of UTC+5:30.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
US Oil - Live Market update
Please check that the pivotal candle provided in the after noon i.e. 3.07 p.m. has formed the base for the commodity and now the timing of next two candles for today has been provided on the chart. Mark high and low of these candles and buy only above high.
Further, you may note that Price of the Commodity is trading above weekly pivot, which is a sign of bullishness.
Disclaimer: I am not a registered Analyst with any of the National or International Agency. It is just for educational purpose. Please consult your financial advisor before making any decision.
Let you grow and May! I follow you.
Looking down eh..Crude oil is set for another correction proving the theory {( ABCDE ) Triangle pattern} as mentioned. Let's see how it reacts.
US OIL -Live Market Analysis
The Next important candle for US Oil is 11/22/23 4:57 PM but pivotal candle is
11/22/23 9:23 PM which will decide future trend of the commodity.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
my idea for wtiafter a correction from current order block, I expect the price touch the red trend line and then keep continuing it's down trend.
but we have to keep an eye on fundamental as well
Usoil December 2023 target 94 Hi friend
Usoil in the buy zone
This is accumulation zone so buy as much as you want here
Big big target December january upside
US OIL - Live Market update
US Oil reversed exactly from 23.6% of Daily Level with candle 11-16-23 11:35 PM.
Now, today onwards swing levels remain the same as given yesterday and repeated on chart.
Candles for today are as under
11-17-23 4:00 AM
11-17-23 8:26 AM
11-17-23 12:52 PM
11-17-23 5:18 PM
11-17-23 9:44 PM
My time candles are so perfect that you may all vouch there accuracy to 100%. Again request you to adhere to these levels; execute your orders accordingly and comment about the class of timing levels (whether you agree or not). This request is just for mutual betterment and continuous improvement and maintaining nothing less than world class level of analysis.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
US Oil - Update
On the chart, provided are the price swing levels along with major support and resistance.
Today's first two candles were 11-16-23 1:25 AM, 11-16-23 5:51 AM which have passed by and created resistances. So definitely long only above these candles and then next three candles for today are
11-16-23 10:17 AM
11-16-23 2:43 PM
11-16-23 7:09 PM
Mark high and low of these candles and trade accordingly.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
