We like a buy here. Not advice. Price pulled back a bit. Could possibly retrace between the 20% to 30% area. We have a stop loss set for risk management using an ATR.
hello guys... usoil is stuck in the daily range and there is a possibility of breaking one of the lines. up or down? I am with down, as I've published before and probably you saw it (don't mind if you haven't check the links) , but we cannot predict exactly what happen therefore I recommend you be ready for both break up or down! but if the price breaks down...
WTI Crude Oil closed yesterday under the 1day MA50 and inside this long term Triangle pattern, turned bearish, aiming at its bottom. The RSI's Rectangle shows where to take profit (on its bottom), with our projection giving a 74.50 Target. That is over the 0.786 Fibonacci and the botom zone of the Triangle. Follow us, like the idea and leave a comment below!!
USOIL has been in a free-fall since I shorted at 127.00 (POI). Price is now where it broke structure at 77.00. I'm expecting it drop further to my LIQ SWEEP area (where it sweep liquidity to the downside). My POI (Point Of Interest) is 4.50. I'm looking for BUY at that...
As We anticipated Sells Last week from 81.50 Critical Supply Zone, we profited. Price moved just as expected. We were correct. In the Market when you are correct, you want to earn multiples of what you lose when you are wrong.. So you want to maintain good Risk Rewards Ratios and only take trades that are in line with your Bias. Because there were countless...
🛢️ USOIL Not Counting on Increases. 🛢️ Nearest strong support zone: around the fibo level of 1.272 of the entire recent upward correction. 🛢️ Nearest strong resistance zone: level 0.618 of the last upward correction. 🛢️ Technical environment: - Moving averages: Downtrend - MACD: Downtrend - RSI: Downtrend - Supertrend: Downtrend 🛢️ Price action: the price...
🛢️USOIL Bounces Off Support Zone. 🛢️USOIL has landed on a support zone, which it has repeatedly tested after which it began a continuation of its northward movement. 🛢️It looks like there is a high probability of testing the resistance zone again. 🛢️Looking at the technical environment, we are promising an accumulation around $70-80 over the next few...
Just as anticipated, the 76.50 zone has been broken. We know that with every zone break comes a RETRACEMENT. The market-makers does this to trap traders. Price is now preparing to plummet downwards to my 40.00 zone. I remain...
Trade Idea : Buy crude oil at market Reasoning : Looking for highlighted support zone to hold and get a retracement of the recent bearish drive. Entry:84.38 TP: 86.84 SL: 83.55 RR: 2.96 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
🛢️USOIL It's expensive, time for a winter discount. 🛢️I've already predicted beautiful dips once it's time to present my point of view once again: 🛢️This time it's time for oil. I will present a purely technical view. 🛢️I will present the tools I used in turn: 🛢️1I have determined an upward channel. We are currently in the middle of it 🛢️2. I applied a fibo...
WTI Crude Oil has made a break above the June Channel Down but still this isn't a long-term signal to buy. The key here is the 1D MA100, which has been keeping the price below it since July 05. If it breaks, we will target the 97.65 Resistance. Then the 1D MA200 will decide if we enter the bullish trend on the long-term again, or pull back towards the bottom of a...
In trading or at the beginning of a trading week we need to have a look at the fundamental first to know when we are likely to have more volatility in the market This is just the news 📰 for this week concerning USD since we dealing with Usoil alone here We expecting price to drop into this monthly +OB and FVG and this are one of the things we must keep in...
Crude oil has broken its rising support and now in bearish trend. We can take short position at this stage as bearish candles are also formed.
The Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument. Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on...
USD FUNDAMENTAL BIAS: BULLISH 1. Monetary Policy Monetary Policy At the May meeting, the Fed delivered on hawkish expectations regarding rates by hiking the Fed Funds Rate by 50bsp and also confirmed that the committee expects further 50bsp hikes to be appropriate. The fed also stuck to a familiar hawkish tone by downplaying the prospects of an imminent...
Good morning everyone, USOIL is poised for another leg higher in order to complete the corrective strcuture that's been developing ever since the last down impulse. Thus, watch for long setup that's forming, either by buying at the low of the flag (riskier) or when it breaks out (safer). Anyway, the first target is the break of 114,8 level when we would start...
WTI struggles to extend the upside break of the key hurdle, grinds higher around the two-month top during Friday’s Asian session. That said, the black gold seesaws near $113.10 at the latest. Given the firmer RSI (14), not overbought, joining the bullish MACD signals to back WTI’s latest breakout, the commodity prices are likely to extend the run-up.
The U.S. WTC Oil it's lolk that want to continue bullish to the upside Im long the U.S. WTI Oil Good luck