USOIL - this is base on news and other fundamental analysis . to gain the liquidity big traders must close there for small retracement in market. Travel ban to Africa will loose some demand for oil. Anyway COT says the same thing. lets enjoy the ride. these analysis are not trade signals or advice to take the trade this is only for my improvement but still if...
Prices of oil have a direct impact on the inflation. The higher oil prices have started impacting the consumers across the globe. We have used Aspen Trading Support & Resistance Levels to analyse the oil prices trend. It has clearly broken down the short-term support levels at 77.75 and most probably could lead to further down side. As the the oil production...
For more expert analysis daily, Go ahead and follow me. Here we have our OIL chart. We are looking short today for an intraday Gain. Oil spent yesterday in a channel formation and is moving to the downside. Daily chart shows us the Area of resistance causing this.
USOIL / 4H The US Oil has started to show so much weariness, indicating the end of the bull run. After confirming a Wycoff distribution, we expect the price to pull back before even dropping more. In such a Market, we only look for optimal positions to go short again. Trade Safe, Trader Leo
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
TVC:USOIL The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
Oil prices are being pumped no pun intended. The false demand that is being created is the excuse to push prices higher and higher.
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...
USOIL could face two possible scenarios but the downside is more preferred. As seasonality, the OIL gets weaker from mid-October so it makes it more reasonable. GOOD LUCK!
The Oil analysis is very simple, we follow an upward trend with a projection up to 86/87. Tambein made small operations without confirmation in case he decides to change trend. Today 10/20/21 I keep a short with the SL at the maximum of laterality. If it surpasses this (No false breakout) it should remain bullish. We are attentive. The entrance is Sclaping but...
Hello my beauties. For educational purposes, I wanted to publish yesterday's price action on USOIL, as a 15 mins Wyckoff distribution played out perfectly. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
Who would have thought that WTI Crude Oil will reach once again the 2014 levels, with all this green energy rally in the last few years? What`s next, to see once again Exxon Mobil Corporation (XOM) be the biggest company in the S&P 500? I think USOIL is heading for a retracement right now at 70-71usd levels, and overall forming a Head and Shoulders bearish...
Oil Short Setup 🔵 Entry Level: $82.58 🟢 Take Profit: $79.39 ⛔ Stop Loss: $84.29 Reasons: - So far the price is respecting the ascending channel; - I expect an overbought level on the PVS Indicator by the time the price reaches the upper trendline; - Volume is not supporting the up movement;
I'm shorting after price rejected on a daily basis. sl $76.5 targeting $69 ❤️Please, support this idea with like and comment!❤️
...Just like my girlfriend after i tell her i have made £100,000 this week trading. 76 is such a key phycological level for oil, as you can see it has been used so many times as support and resistance before and take in to note this is the monthly timeframe this makes it about as strong as it can get! I can personally see price dropping from this 76 level, if...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions