๐ US OIL Trade Plan
Currently, USOIL is in a strong bullish trend ๐ฅ โ price action has pushed into overextended territory, which opens the door for a potential pullback ๐.
I'm watching for a WTI retracement into equilibrium, ideally aligning with the 50%โ61.8% Fibonacci levels from the previous swing low to high ๐๐. If price corrects into that zone and we find support, followed by a bullish break in market structure ๐ฅ โ that would be the confirmation Iโm waiting for to consider a long position ๐.
โ ๏ธ Key Level to Watch: That structure break is the trigger โ no confirmation, no trade ๐ง .
โ ๏ธ Disclaimer:
This content is for educational and informational purposes only and should not be considered financial advice. Always conduct your own analysis and consult a professional before making trading decisions. Trade responsibly.
Currently, USOIL is in a strong bullish trend ๐ฅ โ price action has pushed into overextended territory, which opens the door for a potential pullback ๐.
I'm watching for a WTI retracement into equilibrium, ideally aligning with the 50%โ61.8% Fibonacci levels from the previous swing low to high ๐๐. If price corrects into that zone and we find support, followed by a bullish break in market structure ๐ฅ โ that would be the confirmation Iโm waiting for to consider a long position ๐.
โ ๏ธ Key Level to Watch: That structure break is the trigger โ no confirmation, no trade ๐ง .
โ ๏ธ Disclaimer:
This content is for educational and informational purposes only and should not be considered financial advice. Always conduct your own analysis and consult a professional before making trading decisions. Trade responsibly.
๐ Winning Scalping Strategy to BEAT VOLATILITY With DAILY Profits: ๐ฅ๐ฐ
๐ ๐ youtu.be/gpTpb-jWIqk
๐Join Our Free DISCORD For MORE:
๐ discord.com/invite/PcBeCdwVQq
๐ LinkTree:
๐ linktr.ee/anthonyborn
๐ ๐ youtu.be/gpTpb-jWIqk
๐Join Our Free DISCORD For MORE:
๐ discord.com/invite/PcBeCdwVQq
๐ LinkTree:
๐ linktr.ee/anthonyborn
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
๐ Winning Scalping Strategy to BEAT VOLATILITY With DAILY Profits: ๐ฅ๐ฐ
๐ ๐ youtu.be/gpTpb-jWIqk
๐Join Our Free DISCORD For MORE:
๐ discord.com/invite/PcBeCdwVQq
๐ LinkTree:
๐ linktr.ee/anthonyborn
๐ ๐ youtu.be/gpTpb-jWIqk
๐Join Our Free DISCORD For MORE:
๐ discord.com/invite/PcBeCdwVQq
๐ LinkTree:
๐ linktr.ee/anthonyborn
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.