Hello everyone, I hope you have a good time and are always profitable The range of 65.50 to 66.20 acted as a resistance area and forced the price to fall, but we saw the price squeeze in the range of 57.60-58.80, the support power of this price range sent the price to the resistance area. It seems that we are witnessing fluctuations in this area and the price can...
USOIL after the attempt to break below the 59 level started an impulse to the upside inside an ascending channel. The price tested the trendline and retraced until the 0.5 Fibonacci level. We will monitor the price during next week for confirmations. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
As you can see i draw a descending trendline which will be our resistance for USoil. As long as price below this trendline and hold below 64.50, we could see further decline in USoil. I am planning on taking sell positions for USoil. This trade gonna have 110 pips stop loss so use proper risk management for this pair. Desclining oil coulf provide fuel to our...
Welcome to our Trade Setups - April 26th ( USOIL ) ! SELL USOIL ENTRY LEVEL @ 61.04 SL @ 62.70 TP @ 57.72 Max Risk: 1% - 3%! Risk/Reward Ratio: 2 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
Bit of strange and I felt uncomfortable recording it but it had to be covered! Fundamentally oil is bearish but technically it is becoming bullish again!. I have not provided any trades on this video as at this time it is a no go until price develops properly! We sit, watch and wait for the right price! Come join us down below!
Welcome to our Trade Setups - April 23th ( USOIL ) ! BUY USOIL ENTRY LEVEL @ 61.48 SL @ 61.34 TP @ 62.18 Max Risk: 1% - 3%! Risk/Reward Ratio: 5 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
By MACD divergence and Volume, We got into a late short trade. However we can see a break on the 50EMA expecting for a downtrend and more short entries. OANDA:WTICOUSD
Price is still a little bit far from my trendline, buh if/when it gets there i would love to first see this if my trendline holds. lets see
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE USOIL FROM A MONTHLY CHART TO DETERMINE OVERALL VIEW ON THE ENERGY AND POSSIBLE DIRECTION LONG TERM. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before...
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
If it reacts to the trend line and the price of 65.50 and the price can not cross it, we can be 70 sellers with a stop price. But at the moment, with the support of the specified area, selling is not logical.
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
USOIL after the recent high started a retracement move until the weekly support at the 59 area over the 0.618 Fibonacci level. The market attempts to break below a few times and consolidate before starting a new impulse.
It's been far to long since we had one...here is a weekend treat! :)
#USOIL breaking short term resistance
when breakout this pattern then oil goes down 55.74 and 53.87 level. Dear Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy...
USOIL is currently in a bear pennant pattern. Will it continue this bearish trend? This is an excellent short entry point because you can create a tight stop loss. See chart for target and risk/reward ratio! Use trend lines to set alerts. If the bulls breach the resistance trend line, then close your short position