Hey traders, in today's trading session we are monitoring USOIL for a buying opportunity around 121 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, in today's trading session we are monitoring USOIL for a buying opportunity around 120.5 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, in the coming week we are monitoring USOIL for a buying opportunity around 110 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, in today's trading session we are monitoring USOIL for a buying opportunity around 102 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, we are monitoring USOIL for a buying opportunity around 90 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, in this week we are monitoring USOIL for a buying opportunity around 85 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring USOIL for a buying opportunity around 70.3 zone. USOIL have formed a bullish flag. Once we will receive any bullish confirmation the trade will be executed.
Trade Safe, Joe.
US OIL INTO 64.50 PER BARREL, AFTER RETEST OF SUPPORT LEVEL . THIS MEANS USD/CAD WILL FALL, TARGETING 1.21300 LEVELS AFTER COMPLETING FIBONACCI RETESTS.
My trading Idea here is to catch the upward bounce and then to short the trade.
First
My entry for a call is short term based +- to 5 August
Call Entry 67.85
Close Trade at 70.00
Then
Short 70.00
Downward target $62.00
Recently we had a Bullish Shark pattern completed with confluence of RSI Hidden Bullish Divergence.
We waited for a Price breakout of the Triangle to take an entry. However our entry was not triggered because price broke on downside of the rising wedge during inventory.
Now we have formed a Classical Bullish Divergence.
We need to wait for a Candle Close...
TOOK SUPPORT AT 51.82-51.56 ZONE
ALSO CLOSED ABOVE FALLING RESISTANCE LINE.
NEXT TARGETS ARE TARGET 1 53.93 TARGET 2 55.03
POSSIBLE RETRACE AROUND 53.68 AFTER FIRST TARGET IS HIT
STOP CAN BE CANDLE CLOSE BELOW SUPPORT ZONE.
FROM ICHIMOKU POINT OF VIEW CHIKOU SPAN IS STILL ABOVE RESPECTIVE PRICE INDICATING POSITIVE ATMOSPHERE.
WE ARE ALSO IN SYNC WITH MCX...
We have Bearish Pattern in formation. We have completed C leg. Possible Bearish CPB idea is too out of sight now.
Faster KUMO showing order imbalance and pointing up showing bulls in favour. Price is out of Cloud.
We also have a Candlestick Buy signal from H4 TF.
Summing all this up with Output Cut news we look good to test 49USD levels again.
