USOUSD Entered long (Swing)
Crude Oil Future CFD (USD) forum
USOUSD Entered long (Swing)
USOIL daily is calling for 63, well after that it can go to hell
USOIL tradingview.com/x/0LpD9UWlThe chart shows that crude oil has been in a downtrend channel (blue lines).
Price has reached the bottom of the channel and is showing signs of reversal/bounce.
2. Trade Idea
The setup suggests entering a buy trade when price is in the ENTER LAYER (blue zone around 60.50 – 60.56).
Expectation: The market will bounce upward from this support area.
3. Entry & Stop Loss
Entry Layer → Around 60.50 – 60.56 (current price zone).
Stop Trade Area → Below 59.99. If price breaks this zone, it means the bullish setup has failed and the trade should be closed.
4. Profit Targets
Target Point First → Around 61.00
Target Point 2nd → Around 61.60
Last Target Point → Higher level (above 61.60, likely near 62.00).
Each target can be used for partial profit booking or full exit depending on your risk strategy.
5. Price Action Logic
Market fell strongly (downtrend).
Now price is entering a support/buy zone (enter layer).
Expectation is a correction/bullish pullback back toward resistance levels (targets).
USOIL if this Hourly Candle will stay smaller it will start a bull Rally again and we will see Monthly candle green..
OIL_CRUDE one more bearish leg before a dead cat bounce Friday ? SELL
USOIL TP at 65, swap zone if break above 66.7, further uptrend to 69
USOIL Resistance: 3895 – 3890Support: 3830 – 3820
📊 Signal Analysis
Price rejected strongly from 3895 zone and dropped sharply.
Now it is trading near 3840 level after a big bearish candle.
If price stays below 3855, bearish pressure may continue.
✅ Trading Signal
SELL Below 3855
TP1: 3830
TP2: 3815
TP3: 3800
SL: 3870
BUY Only if breaks above 3870
TP1: 3880
TP2: 3890
SL: 3850
⚠️ Market is very volatile, use proper lot size and risk management.
USOIL more fake dumpUSOIL price had reach the bottom, time to longUSOIL yesterday post "as mention early, if price does not break above 62.31 it could move down to 60" did anyone follow me?