Hello Traders, We can take our sell positions today on WTI Crude Oil for short term trades. Don't take more than 1% risk on this trade. Have fun!
Plan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
USOIL Possible Setup HOKCapital
📍 The "revisit of support" - a misconception concerning the retrace When in the wide disputed range between 65 highs and -40 lows (insane), we are in a length process of refilling the ladder. The view appears to me to be based on an incomplete recession and misunderstood conception of the demand side. I shall try: 1️⃣ to point out that this in fact a...
Oil price has been rising since the start of this month, I expect a pullback from current level to around 36.5
USOIL - CRUDE OIL - Sell - Daily Chart Sell @ Current Price approx 41.50 Sell @ Pull back to 42.35 Take Profit @ 36.64 Please share your opinion in the comments, and support the idea with a Like 👍 Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 Disclaimer!...
Critical resistance level is 41.50. Bearish Pinbar in D1 cart. Reasonable reward/risk ratio.
OIL SELL TP_31.40_19.20%_7.46pips_SL_41.17_5.94%_2.31pips
USOIL on the weekly chart is moving inside a huge descending channel. The price after hitting the 43 area got rejected until the weekly support structure. On the daily chart, the price was moving inside an ascending channel but couldn't break the weekly descending trendline. IF the price will manage to break above the daily resistance at 39.30 and consequently...
OIL_SELL_TP_30.60_18.81%_7.09pips_SL_39.51_4.83%_1.82pips
Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for USOIL. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2 .Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for...
📌 Oil - Election Positioning Map @ridethepig Here we are approaching the strong 41.5x resistance, the same levels we have been tracking since calling an end to the v shapers rebound. OPEC now has the difficult task of provoking price into action, any manoeuvres on the supply side will not be able to offset the demand shock from further restrictions and...
SELL OIL/USOIL for a nice short trade on the 4Hour chart. Targets as shown.
oil looks like it has broken out of channel and retested. look for rvi bearish cross and sell