Marenno

CRUDE OIL LONG ENTRY LEVELS, EURO SESSION ONLY

Long
FX:USOIL   CFDs on Crude Oil (WTI)
92.9% bullish, considering multi timeframe price action factors
0

Estimated price fluctuation at time of report (+1Hr) 0.47%
Volume Put/Call ratio 1.67
OI Put/Call ratio 0.98
Average Put/Call Ratio 1.33









How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.



Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)

NR (Narrow range), WR (Wide range) :
4H NR4; 4H NR7; 1D NR4; 1D NR7; 1W WR4; 1M NR4; 1M NR7;



















Volume and open interest levels: Tradingview:
Option level R4 50.48 50.03
Option level R3 49.97 49.52
Option level R2 49.42 48.97
Option level R1 48.81 48.36
Option level S1 48.76 48.31
Option level S2 48.19 47.74
Option level S3 47.60 47.15
Option level S4 47.06 46.61

Session (current session only) levels:
r3 50.47
r2 49.93
r1 49.38
p 48.78
s1 48.23
s2 47.63
s3 47.08

I really hope that sharing of my routine with you, will help you in your trading.







A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.

Disclaimer

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