long position on oil september 25 2023. i had A short opportunity but i ignore it instead i did a long position even the market was bearish.
I cut my USOIL sell trade earlier than the planned TP. However, I think it was a good cut that respected a reaction emerging from a key buyer obstacle.
XTIUSD has posted the trap I was waiting for on the H1 and now I am looking to trade the seller move down to the next area of major buyers. I also cut my EURUSD buy trade as the USD seems to be turning strong
Long position on oil, so basically oil has been respecting alot of key areas for the past couple weeks, yes oil is bullish but i realized thats mostly in the New York session.
I examine a buy idea on USOIL. I believe more rollover has to happen for the buys as nearby seller obstacles need to get tested. Hence, I am holding off on this for now.
USOIL (WTI) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 89.625 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 88.026 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Take profit is at 93.226 which...
USOIL (WTI) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 88.026 which is a pullback support level. Stop loss is at 85.730 which is a level that aligns under the 23.6% Fibonacci retracement level and an overlap support level. Take profit is at 90.300 which is a pullback resistance level. ...
WTI oil (USOUSD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 89.437 which is a pullback support. Stop loss is at 87.500 which is a level that aligns under a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Take profit is at 92.549 which is a swing-high resistance...
2023.9.20 peak of US crude oil is completed! Hello, I'm Older Duan. Today is Wednesday, September 20th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index has maintained...
Looking at the recent moves for prospects of trading opportunities for the day ahead.
The FOMC is set to have their 2 day meeting. Market consensus is for a pause in rate hikes. Will the Fed shock the market like the ECB just did with their rate hike? The treasury yields market is still in a very strong uptrend & inflation expectations over the last 2 CPI prints have come in hotter due to energy. the markets are in a ver y precarious spot...
analysis on oil for the week of sept 18-22 2023. so basically we are looking for buys otherwise keep shorts very tight.
2023.9.15 USD and US crude oil rallied and retreated Hello, I'm Older Duan. Today is Friday, September 15th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index rose...
A look at some black gold, Texas tea. Check your prices and match the zones.
USOIL (WTI) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 85.930 which is an overlap support. Stop loss is at 84.564 which is a pullback support that aligns under the 23.6% Fibonacci retracement level. Take profit is at 88.065 which is a recent swing-high resistance. High Risk Investment...
Several clearly defined levels on weekly & daily charts that I'll be watching for trade setups at.
Weekly/daily/4h time frames analysis for WTI. Price action. Important key levels. Potential scenarios. Trading plan for next week. ❤️Please, support this video with like and comment!❤️
Breaking these pairs down on the fly Key levels were outlined The trades that happened were outlined