us oil is trading inside a triangle we expected a bullish breakout and buy usoil more as demand is increasing after opening lock-down all around the world
Expect more bearish trend on USOIL for the correction Wave B
In the last operation i didn't wait for the peaks at the AO... now i know we are in a stable downtrend.
: : : H I G H R I S K T R A D E ::: DATE: 16 SEP 2020 INSTRUMENT: USOIL TIME FRAME: DAY INDICATORS: PSAR: BULLISH CMP: 39.22 SELL: 39.22 SL: 40.30 TGT 01: 38.33 TGT 02: 35.89 RISK DISCLOSURE Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to...
Please share with me your thoughts about it Regards
Please share with me your thoughts, Regards
Please share with me your thoughts, Regards
The USOIL is one commodity that attracted my interest in the last couple of months as I have executed some profitable positions within this period of time hence decided to do a publication after noticing that the commodity remains on track to close the second straight week in positive figures as the price keeps bouncing off my Demand zone. Tendency: ...
DISCLAIMER: My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Good Luck!
PLEASE SHARE WITH ME YOUR THOUGHTS REGARDS
Entry at market 42.5 Stop 45 Profit towards 39 and 32
Buy CMP for target of 41.5 . SL- 39.5
Here is my next set up for oil. I have already taken some profit from the initial trade and I also still have some running. I am looking for a new entry as I don't believe the downside movement is complete yet!. I have put in two red boxes where price could reject from but for me to enter again it would have to come back up to my zone!.