58.55% Probability of USOIL Bullish Continuation This Week!
Based on a mechanical top-down structural analysis from higher to lower timeframes, there's a strong probability (58.55%) of a bullish continuation in USOIL this week.
This analysis, combined with hourly timeframe probabilities, suggests a favorable outlook for price movement.
Follow me with the detailed top-down analyses linked below to see the key factors contributing to this bullish projection on
USOIL
12M:
6M:
3M:
1M:
2W:
1H:
2H - Entry:
Take a look at these analyses to see the details behind this trade idea.
If you have any questions or want to discuss further, feel free to ask.
Let's make this a great trading week!
This analysis, combined with hourly timeframe probabilities, suggests a favorable outlook for price movement.
Follow me with the detailed top-down analyses linked below to see the key factors contributing to this bullish projection on
USOIL 12M:
6M:
3M:
1M:
2W:
1H:
2H - Entry:
Take a look at these analyses to see the details behind this trade idea.
If you have any questions or want to discuss further, feel free to ask.
Let's make this a great trading week!
Note
Price didn't active the initial buy-stop order, came back deeper into the zone and tapped into Equil.Valid for longs looking for BE/TP1 at 75.959
Note
TP1 hit will manage the rest of the position along price delivery to $130Note
Overall target 1W/2W Buyside liquidity
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.