USOIL has formed a strong bearish price action on a daily and higher timeframe. In the 4H timeframe, we see a significant expected retracement to the upside. Price is now currently approaching this important level of resistance. Upon rejection and price action confirmation, a selling opportunity may arise. Thank you and press the like button if you enjoy this content :)
USOIL The Structure looks good to us, waiting for the this to correct and then give us these as shown on this instrument (chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus...
this is the setup i am looking for the nest day trading. if you have any comments or any thing sharable pls mt below.
USOIL MARKET BREAKDOWN Last week was the stuff of dreams with USOIL pulling through for insane pips, GOLD pulling through for insane pips and GBPUSD giving us a modest bag! As stated last week were are simply following the USOIL down trend and it's working out nicely so far. USOIL dropped down to our bottom zone before pulling back, we did try to long this but...
USOIL MARKET BREAKDOWN USOIL had it's bullish pullback last week which took full advantage of and we now have a nice little trade running. Someone left a comment on my last post asking if it was possible to drop straight down instead of pulling back, this was a great and valid question. This person was correcting in mentioning that and my simple answer is plan...
The US Oil is making Descnding channel. If it breakout it's trendline strongly then look buying opportunity on it.
USOIL ( 4H ) Currently in a downtrend we have last week price has just rejected this long-term resistance and has created a double top on the 4H. As the trend line is respected, we could see another drop in this instrument to the downside to the monthly support zone Thank you for visiting this idea, Press the like button if you enjoy :)
Hello everybody, hope you're all well and welcome to our weekly market breakdown We missed out last week due to being away for sometime but all our members were given a PDF to follow during our time of absence. Now USOIL is showing it's true bearish form and this has been the case for a good while now. Last week I expected USOIL to close the gap before making...
USOIL (D) has broken out of daily support with a strong bearish engulfer. The price is already in a downtrend and it is possible that the price will drop to the monthly support level before creating upward movement. On the test of this previous support as resistance, if enough rejection is shown, a selling opportunity may arise. Press the like button if you enjoy...
Trend: Upward Candle Sticks: Tweezer bottom at the new LH. Support & Resistance: Support at LH and Resistance at TP1 and TP2. Fibonacci Retracement and Extension: Retracement level of the previous rally is around 0.6 and the next HH would be around 1.2-1.4
USOIL MARKET BREAKDOWN: USOIL started this week off and members knew that this was coming but I anticipated higher than the string supply/demand zone of 104.60 which has been a key point for USOIL in the past few months. Right now I see the follow, a "V SHAPE" recovery which is usually a bullish sign but also sellers have failed to make a %100 retracement of the...
Crude oil has broke the channel and gave a good retrace. So hopefully the trend seems to be in the long side. Do your own analysis and take the right entry.
Simply does it; USOIL followed our last breakdown perfectly and turned very bearish below $107.90. We stated weeks before it happened and even called the reversal from the $121.00 to the current levels. Look back through our posts and you'll see that we have been calling for the $80-$90 for a while now and it's starting to come through. No one agreed with our...
Most probably the trend seems to be bearish as the weekly channel has broken and the retest is going to finish its high. So plan your trades wisely. Thank You.
#usoil, oil price fall from 121.00 like falling bricks and tested 97.00 strong support area. I Started predict fall from 121.00 for target 97.00. now oil has tested 97.00 & 94.20 strong support area. 7th July made a strong bullish bar broker previous day high. oil may take long around 96.00 & 95.00 for target 110.00 however 106.00 preliminary resistance may take...
The market of USOIL seems bullish as Russia and Ukrain war still going on. Every support is an opportunity to long it.