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WTICOUSD trade ideas

Crude oil ready for big fallOn 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
FX:USOIL
by JaiPrakashShuklaHarmonicTrader
US OiL I am giving you only one candle today i.e. 12-19-23 11:40 AM (Your computer should be set to UTC + 5:30). This is the pivot candle, Buy above high of this candle else sell or wait for it to be broken upwards at any time then only buy. There are some notes mentioned on the chart please read them carefully. 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.
TVC:USOIL
by rekhi567
US Oil - Exact reversal date Some one out of our group asked for reversal of US Oil. Presented is the 12M Chart of this commodity. You may observe that it is stuck up in white scissors. it is therefore only the next 12M candle which will take out the prices from this scissors. I am fully bullish on the commodity above price of 73.635 and next target will be 91.01 but at which time this can come has been described on the chart. Please check the note on the chart itself. Be patient till today evening at 12-18-23 5:56 PM. 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.
TVC:USOIL
by rekhi567
U S Oil - How to trade tomorrow Mentioned are the time and price levels of the chart. If any resistance is broken - Buy else sell. Tomorrow is the first day of new week, so have patience till 9:04 a.m. candle and things will automatically get cleared. 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.
TVC:USOIL
by rekhi567
Crude oil ready for fallOn 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
FX:USOIL
by JaiPrakashShuklaHarmonicTrader
US )IL Attached is my another indicator based on volatility. I have switched off other levels and kept open only pivots in white. You can vouch that resistance still is 71.61. But, point to note is that 200 SMA has come below it but price is still below 200 SMA. Now, there is a little time that it may cross the pivot and become bullish. So, be patient. 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.
TVC:USOIL
by rekhi567
us oil - live market analysis US Oil is showing signs of recovery but it has problematic area at the bottom because of drastic fall during covid. You can see there is a curve drawn in grey where institutions buy. It is still 5 dollars away. So, be patient for next two days and get confirmation of recovery. 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.
TVC:USOIL
by rekhi567
US OIL - Live Market Analysis Stop Loss at Red Horizontal Line. Future Targets White Horizontal Lines. Buy only above Green Trend Line. Long term target - 109 Recovery possible any time after 16th December or 25th December 2023. Will inform you soon about the exact time. Today's time candles are: 212.7706732 12-11-23 8:37 AM (Pivotal) If not broken, buy above it and sell below this. 212.7711072 12-11-23 1:03 PM 212.7715413 12-11-23 5:29 PM 212.7719753 12-11-23 9:55 PM 212.7724093 12-12-23 2:21 AM 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.
TVC:USOIL
by rekhi567
US - OIL In the last week, prices showed some rally but as I mentioned in the earlier idea on the commodity that 71.61 is a major hurdle. Once it is broken, 74.07 is the next target which may come on 16th December 2023. Please read the notes mentioned on the chart itself carefully. Still, have a question write me in the comment section; I would like to answer all your valid questions/queries. Thank you 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.
TVC:USOIL
by rekhi567
Oil Analysis 2023: What Will Happen to Oil?The global oil market has recently experienced significant volatility, reflecting a range of key factors including production decisions, geopolitical tensions, and economic fluctuations. As of December 6, 2023, the price of Brent crude oil was at $74.46 per barrel, while WTI traded at $69.44, both experiencing significant price drops. This downward trend is part of a broader panorama that has seen a generalized decrease in oil prices throughout the year. The Organization of Petroleum Exporting Countries (OPEC+) has played a crucial role in this scenario. Recently, the group agreed to voluntary production cuts, about 2.2 million barrels per day for the first quarter of 2024, generating market uncertainty. The possibility of extending or deepening these cuts beyond March 2024 has been an additional concern. However, this decision has not significantly stimulated the market. Geopolitical conflicts, especially in the Middle East, have also had a direct impact on oil prices. The war between Israel and Hamas, along with attacks on commercial vessels in the Red Sea, has increased concerns about the stability of oil supply. These events have shown how geopolitics remains a key factor in the energy market. Additionally, the global economy, particularly that of China and the United States, has influenced oil prices. Moody's downgrade of China's outlook and the decline in oil demand from the world's second-largest consumer have put pressure on prices. In Europe, there are signs of possible interest rate stabilization, which could boost oil demand. However, the drop in U.S. factory orders in October suggests weakness in this country's demand, potentially negatively impacting oil prices. The historical series of oil prices shows a pattern of fluctuations throughout 2023. For instance, the price of WTI showed considerable variation from early November to early December, fluctuating between a high of $93.6977 per barrel and a low of $79.1058, highlighting market instability. In conclusion, the combination of factors such as OPEC+ decisions, geopolitical tensions, and mixed economic indicators has created an environment of uncertainty for oil prices at the end of 2023. As we approach 2024, it is essential for investors and analysts to stay attuned to these developments to better understand future market trends.
TVC:USOIL
by Ivan_Campuzano