USOIL START MOVING TO 50$+ all is matter of time as worldwide lock down is opening Keep buying we had changed our trend after long time period on oil .. NOW WE ARE BUYING WE APPRECIATE YOUR LIKES AN COMMENTS DO YOUR OWN ANALYSIS BEFORE ENTERING TO A TRADE
Following temporary suspension of trading new oil futures contracts for all institutional and private customers by USO's broker RBC, USO has secured a second broker, RCG, to allow the trading of new oil futures contracts by USO , effective May 29, 2020. In addition to the buying and selling of new oil futures contracts under RCG, USO still maintains full...
Hey Guys, GOLD and OIL both are quite Bullish due to current economic uncertainty. Buy the dips and keep long term targets to 33, 35, and 40. Note, any impulsive moves to the downside will be short-lived. Ty
Failure to break the LH at 28.40 we can see Oil heading down to retrace or make a new LL
Retest of this zone highlighted looking like it will push higher.
Hey Guys, I believe we are starting downtrend for this and coming week. Target 1 = 22 Target 2 = 20 Target 3 = 18 Extended Target = 16.50 Good luck!
USOIL / WTI - Update. Created an equal high today after pushing higher. Then following on with a push down. Need to see a pullback to the areas highlighted if we can and see it rejecting strongly we can look to sell OIL. For now be patient and await some more signs. IF we do not reject after a pullback and keep pushing higher we may be in for OIL coming in...
Rejection of the resistance area twice of the last LH set to come down!
As businesses slowly reopen in the US, the demand for oil will increase. Therefore, the price will rise long-term. Please like, share and follow if you found my analysis useful!
Hey Guys, Hope you are getting good trade out of this. I can see two possible scenarios for coming week. Share your thoughts and take care. ty
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
As suggested some time ago, an extended 5th could occur in USO... and it's happening. We may bottom around $1.92 or $0.95. Currently at $2.6 in pre market. This is possibly one of the most dangerous falling knife ever :knife:
Crash of USOIL Market is only temporary and this price cannot be rejected by any trader. The highlighted place of 10 dollars per barrel is the best historical price you can get to open a buy position for long-term. The Scalp can be targeted for 100% profit to place around 20.00 and swing trade to 300% if not even more. This trade is only AWESOME!
Show your respects here, please: F Thanks in advance. ----------------------------- (This is another sample for my funny charts collection, check related ideas...)
Oil drop to downtrend channel bottom. Bear candle is weakened 1 day candle shows support . Buy oil now TP1 - 22.05 TP2 - 26.00 If you reach TP1 take half profit first then keeping your position.
Scary times for oil, I was in favor for a turn around and thought 10$ a barrel was ludicrous but after looking at the monthly with my analysis it's looking incredibly favorable?!. When coming to the oil chart I was actually hoping to find a long opportunity lol. Take a look at that bottom trend line...we have had a perfect bounce and break bellow. not only just...