USOIL: Oil prices in today's session have appeared a reversal candlestick pattern on the H4 frame. The $68 area is also a good support area for Oil prices, so you can consider buying USOIL around this price area. The short-term target can be expected to return to the $71 area.
Oil charges persisted to fall on Wednesday on worries that a typhoon anticipated to hit...
Judging from the 4-hour cycle and the previous wave count, the current rise may be a rebound of wave 5-2, which means that $71.46 is most likely the end point of wave 5-1. Wave 5-1 fell from $78.54 to $71.46, a drop of $7.08, and the current wave 5-2 has risen from $71.46 to the current high of $75.51, an increase of $4.05, which has rebounded half of wave 5-1....
In the USOil market, you can go long this week. The market will rebound. I will update the trading plan in the channel. It is obviously very easy to make money. I hope it can help you.
It's Thursday, and today is expected to be a highly volatile day in the markets. OIL has the EIA data release, while gold will be affected by the ADP employment report and initial jobless claims data, both of which will likely have a significant impact on price movements.
Based on the already released API data, the upcoming EIA data is highly likely to be...
After a sharp decline, the current indicators have the conditions for a rebound. Today, USOIL can be traded long, with short-term targets of 71.6/72/72.7
After achieving our long position target, we initiated short trades and have already secured a good profit. Orders are now being closed in batches.
From a trend perspective, there's a short-term need for a rebound, though it likely won't be strong. There's still some downside potential, mainly considering the need to fill the gap around 74.9. In the medium...
Oil prices have fallen sharply recently and have touched the support level near the previous low. There may be a range of fluctuations here, but the final breakthrough must be upward, so my trading direction is very clear, buying around the 73-70 area, with a target of 75-78.
USOIL has HIGH VOLUME long candles, looking to reach the 78 - 80 range.
It has recently broken through multiple support zones with HIGH VOLUME, showing that USOIL is likely to increase further in the coming days.
I'm looking for it to enter back into the support zone, and we will see if it bounces or rejects and breaks lower.
It could, on the other hand, not...
USOIL showing signs of bullish momentum supported by 4H Divergence with DOW break of previous LH BOS (Break of Structure). Price action is also supported by double bottom reversal pattern. Entry is taken slightly above previous LH. Stop Loss is placed at slightly below previous LL and TP @ 1:1 risk to reward.
What do you think, will it work?
HELLO TRADERS
Hope everyone is doing great
📌 A look at USOIL from HTF - MULTI TIME-FRAME ANALYSIS
USOIL DAILY TF
* Last week saw a bearish close with the weekly FVG holding & beautifully rejecting.
* The sentiment is still strongly bearish for OIL from HIGHER TF perspective.
* The weekly & daily TF show we are still trading in a range on a bearish trend...
HELLO TRADERS
Hope everyone is doing great
📌 A look at USOIL from HTF - MULTI TIME-FRAME ANALYSIS
USOIL DAILY TF
* Wednesday saw strong bullish momentum coming into play, with Thur & Fri cont. this move.
* The weekly & daily TF show we are still trading in a range on the USOIL.
* USOIL took External range LQ, looking for that internal range LQ to be...
Wait until it reaches a high and then go short.
For a month, I used the correct trading signals as a reference. This is what everyone can see. There is no mistake in the operation.
I want to post my views here to save those who continue to lose money. Or those who don’t know how to trade or don’t make any profit. I just use my expertise.
If you keep losing...
Oil is about to form an oversold rebound situation, and the target this week is expected to be above 74. The current price is around 72.2. The USoil quote on tradingview is used as the basis.
Investors with large amounts of funds can buy in advance.
If your trading continues to lose money. Or the profit is not ideal. Remember to refer to my trading instructions...
USOIL shows bullish momentum supported by 4H Div and DOW Break of Structure. Entry is taken at CMP with SL at previous LL and TP at 1:1 R:R. What do you think, will it work?
Usoil will go up on 4hrs Timeframe following a successful downtime to the support zone.
Look for a buy entry next week. And don't forget to place your stop loss.
Trade safely.
See you at the top!
People have been calling for the oil bull market to begin for the past two years and the trade largely hasn't worked as we've gone sideways to down. However, based on the chart, it looks like we're finally ready for a run.
This would also line up with my bearish equity thesis.
Oil looks to have broken out of an inverse head and shoulders pattern and althought...
The overall trend of oil shows the closing stage of the arc top. There are still some opportunities for decline to short the oil price to make a profit.
I am EDDY. Senior Financial Analysis Consultant.
I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better...
