enter: 92.7 stop loss: 93.7 target: 82 good luck
Hey guys, hope everyone is doing great, we are going to continue our weekend analysis with USOIL in 30 minutes timeframe. as you can see, we are seeing the price is going through the Wyckoff accumulation on this particular timeframe. I am expecting the price to test the supply zone before dropping off to lower levels to mitigate the unmitigated demand zone that...
Crude Oil - H4 - shorts at cmp 85.30 with target 73.50 and stops above 87. Lets ride
Oil has reached an important price level, which will determine the trend for the following week (at the very least). From here I see only three possible scenarios, starting with the most likely one to occur. 1) Price pulls back from the resistance level, as I presume a lot of people will be shorting the high level of 25th October. Alternatively, it can...
OIL Weekly Analysis (Short) Currently price is in the upper part of an ascending channel, approaching a downtrend line. There's confluence of three levels here - the descending trendline, the ascending trendline of the current channel and a resistance level. I am looking for a short position in the $78-$79 area with a relatively tight stop loss slightly above...
Everything is clear on the chart Don’t forget about risk management please) Disclaimer The contents on this site are for informational purposes only and do not constitute Financial accounting or legal advice I can't promise that the information shaded on my posts is appropriate for you or anyone else, by using the site, you agreed to hold me harmless from Any...
1. Supply zone which caused a break of structure and at a discounted price ie below 61.8 retracement 2. Imbalance and trendline liquidity below 3. Asia high liquidity captured 4. Wyckoff distribution forming at point of interest Short
Here is my view for Crude Oil Price on H1 for today. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for today WTIUSD on h1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for WTIUSD / Crude Oil Price on H4. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for WTIUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my idea for WTIUSD on M15. The price should go down, you can put a pending order on the Order Block. Trade Safe!
Bears are always welcome in the oil market, we have seen a huge rally for oil in April 2020, some producers have made a big reserve of production. we always see that the market has always to correct the direction allowing some associated to collect their profits, bulls out bears in. for the next period we find bearish news looming on the horizon, -Omicron is...
OIL Short Setup 🔵 Entry Level: $79.76 🟢 Take Profit: $74.73 (2.92) ⛔ Stop Loss: $81.48 Reasoning: 1) Upper trendline in a descending channel 2) Support-resistance flip
#usoil, daily key reversal bar on 10th November, 2021 dictating, split risk in multiple trade if retrace upside. stop loss above 82.30, target 76.90
Oil - Daily - I see a big correction coming for oil on the weekly chart possibly down to $70-75 before a continuation of the bullish trend towards $100.
OIL Short Setup 🔵 Entry Level: $82.90 🟢 Take Profit: $78.42 (2.17) ⛔ Stop Loss: $84.96 Reasoning: 1) Currently an overbought level, expecting a slight cool down after which a new move up should follow, taking us to the entry target. 2) If this setup turns out to be valid, the price should print lower high on the indicator, while making a higher high on the...
OIL Short Setup 🔵 Entry Level: $82.95 🟢 Take Profit: $79.49 (2.22) ⛔ Stop Loss: $84.51 Reasoning: 1) Yesterday's trades went as planned, unfortunately, I wasn't behind my desk to assess the volume and take them, but If you did, good for you. We are approaching the middle trendline, so I expect a small retracement after that point. 2) I am also expecting a...