USOUSD trade ideas

Spider128

$Usoil H1 Taken Previous High Possible To Fall Till 70.10

veens_m

The daily timeframe indicates it’s on a downtrend and gonna roll down below 68.50. In the 4hr yesterday we saw a huge fall from the resistance near the trend line. I home this fall will continue till 72.5 or beyond until we see next pullback.

Dreamtrader00 Updated 

HI Traders , Usoil intraday buy setup .. This iis corrective wave trade.. So trade carefully ..

tradewiththarun

In NYC session , we have a clean bos in lower timeframe with a displacement and dialy bias is downwards & its -ve corelated pair usdcad is bulish

Spider128

$Usoil 1H Hold 70.35 --> 75.3$ Then Fall Till 70.10

Skandhatrade

#USOIL waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance...

babubdschennai Updated 

Crude oil support taken with Morning Star, possible for next resistance zone #91-92.

TradersVenue Updated 

Sell signal was given at 116. Its down by 20 dollars. Price is down by 18.25% since then. Its not over. In my view down trend in oil has started just now. 129.42 may be the short term top seen in oil which will take few months or years to break. View is bearish. Weekly close below 94 Oil is heading towards 85.39/76.95/66.15/62.46. View negated if closes above 105.

bhalla1990

Counts as per chart, a small dip expected before a major turn to upside

detoxalphatech

Buy 1 tp 7800 2 tp 81.180 SL 7300 pollution confirm by Sai market last three days continue cell but this is only restatement by only again market weekend sell confirm

babubdschennai Updated 

Crude previously rejected by strong resistance and came near support and consolidation area and trying to reverse up near 82$

Skandhatrade

#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...

Chartworld1

US Crude Oil forming head and shoulder pattern on weekly timeframe. Can move towards 60 levels soon.

Sniper-Traders

Oil Price is expected to average at around $92 within a few weeks. Then depending on the global cues at that time we can have a much clear idea about whether it is going to rally further or crash. This is going to affect the profitability of the oil stocks in India and will affect their share price adversely. www.thebalancemoney.com

Guna1223

Weekly candle looks bullish with an engulf at the bottom. But won't be an easy bullish rally. On the way up from bottom these things happened. 1. Daily candle intercepted by ema15, leaves a wick on Wednesday. (Normal) 2. Thursday saw spike above Wednesday but closed within the highs of Wednesday (smell bears coming in?) 3. Thursday's candle body gets engulfed...

Bilal_Kazi Updated 

Crude buy CMP 80.70$ for target 81.5- 82.5- 84-85+ sl belo 79 $ 1 hr candle closing basis

Skandhatrade

#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...

SilentTrader871 Updated 

WTI crude oil has formed a double bottom pattern on the daily chart with a positive RSI divergence One can go long at current market price of 81, with a stop loss of 76 The target for this trade will be 92 The time frame for this trade is 20-Dec-2022