USOIL BREAKDOWN; OIL has been persistently bullish since 20/12/21 and has we can see on this 4hr chart there has been no pullbacks during it's rally, throughout my breakdowns a constant word has appeared (liquidity), the longer oil goes on without any pullbacks the violent the drop will be grabbing as much liquation as possible to drive it up further. Think of it...
Opening week breakdown: Summary: Oil closed very bullish and we can see by these price ranges that oil engulfed 2-3 day price range in a matter of hours. This shows oil has a lot of momentum even at these higher levels, as you can see from telegram I stated that we would push higher and the double top was false. Oil shows no signs of slowing right now and the...
OIL MARKET BREAKDOWN; Happy Weekend traders I have seen quite a few have profited just from following my simple analysis and nothing makes me more happy than profits! Oil closed extremely bullish and made it's way to a new weekly high closure...Oil had the push up as expected and even a little further, I did have a short set up but this was never taken as I did...
OIL has been moving mad the past couple of days and I've been loving it...to an extent. Oil is prolonging its bullish move and it's becoming over extended so in the near future it will become very choppy and manipulative. OIl has ranged for a few days providing a false sense of security for retail who keep shorting the top. Oil will flash up to grab stop losses...
Expecting bearish price action on this pair as price takes out PDH ( previous daily high) where a lot of liquidity is located from yesterday trading day, if price rejects with a M30 bearish closure then we go lower. Perfect targest into PDL What do you think ? Comment below..
Good Morning guys; OIL has pushed the zone I was adamant would be met before its makes it decision of where the market will go next, Bullish are starting to show a slow down of buying pressure but overall oil is bullish so we can't rule out a move higher. Should oil break the zone I have marked than it's likely that the 81 region will start getting pushes BUT...
First trading week of the year has completed...Now the real fun and games start next week when liquidity and volatility comes back into the market. We caught a lovely short at the end of the trading week and as some of you will know I have been waiting all week for that move. Let's recap everything so far: Earlier on in the week we saw oil around the 74-75 where...
There she goes... Everything apart from the extended manipulation targets have bee met and have been calling the downfall since reaching this region. Now we refer back to the overall target and what was stated in the long term. I currently have a short running down to consolidation where I will be looking to take profit but I expect a further dip past this region...
JUST LIKE THAT! As Mr Joe Rogan would say... I do not post my positions on here I keep them private along with the analysis I use...I mentioned about being well positioned in my last post and we robbed the market for 70 pips with a few minutes. I mentioned that we wouldn't consolidate at this region and that there isn't enough momentum to carry so we needed a...
Sooooo USOIL didn't have the liquidation spike it need. It should have bee far more violent than that...We sit back and wait. I have plotted a further two zones above where I will look to short. I will not trade until I see a clear rejection of my zones with a ling wick. Trading is a waiting game! Oils is BULLISH which is why I am being so careful before I short...
This is in reference to my last update on oil...preparing to short. WATCH THIS SNIPER AT WORK
Oil is following analysis very nicely...slowly but nicely. Due to the new year coming in and trading just getting back into the swing of things we can expect consolidation and low liquidity in most pairs until the ball really starts rolling. As mentioned in my last post I have expectations for oil in Q1 and Q2 but we need a liquidation region to push to the...
USOIL made a massive move after the pandemic and it's now moving in a range. It's currently trading in the resistance zone. Based on previous price action, it seems like it will complete this Head and Shoulders pattern over the next few weeks. But it's quite possible that it will continue its move upward after completing this pattern because there are fewer...
Oil has consolidated for the first week in the new year and we are starting to see that push higher which was our favoured scenario. Now we need to wait for oil to finish this bullish push...Due to the large head and shoulders pattern retail will be shorting and shorting and the whales will be pumping for liquidation. I am expecting moves into the the $79-80.30...
Expect bullish price action on USOIL as price is rejecting orderblock m15 + imbalance m15/m30, we are in a bullish market strucutre and risk on market sentiment, we have bullish rejection on M15/M30 from this area so this means bulls are in power. What do you think ? Comment below..
Expect bullish price action on this commodity, price should reach 80$ per baril this year as we are in a huge bullish momentum on h4/d1 + santa claus rally that reflects a risk on market scenario What do you think ? Comment below..
Expect bullish price action on USOIL as price takes out liquidity on the retail trendline, rejected a nice M15 bullish orderblock. Price is in a bullish market strucutre and should rise because of the risk off market environment + bearish gap that should be filled on usoil, lets go for 3R. What do you think ? Comment below..
Expect bearish price action on USOIL as we are in a bearish market structure on a H4 TF price is making lower highs and lower lows, rejecting a bearish breaker and re-testing 69-70 weekly low area. What do you think ? Comment below..