Long

Oil has formed a bottom and looks to go Bullish.

Updated

Oil has formed a bottom and a change in character
is now confirmed. Expect Oil to rise which is bad for fighting inflation. This can trigger the Stoch index to fall even further..
Oil is used for production and transport and will affect inflation negatively. Do not expect FED to Pivot in a long time.

Order cancelled

Made a mistake. Chart updated with new chart..

Order cancelled

Confirmation canceled. Price went through confirmation = Fake out No trade executed.

Trade active

Waiting for a new confirmation on the 1H chart. Will keep updated if it happens. Reached a new Orderblok. Could go further down to a Weekly orderblok, we will see.

Trade active

God my setup this morning EU time.. Risk trade Long..
Dealing range on the lower Time frame open, therefore it's a risk trade.
1st TP at the 4H Dealing range 50%

Trade active

Got stopped out with a Liquidity grab. Trade entered again with a stop below the next dealing range..

Trade closed: stop reached

Stopped out on oil twice. Will wait for a new orderblok on higher time frame. Miner loss today. That is the game..

Trade active

Long entry again. We had a liquidity grab on the Higher time frame.

Order cancelled

Closed breakeven. No follow-through..

Trade active

Liquidity is taken several times towards Weekly Orderblok. Change of Character
is still valid on the 4H. Long executed, Let's see if we get a follow-through today. We need to rebalance the previous Daily Range by at least 50%.

Order cancelled

Closed with a small profit. Not enough follow-through today again :-) SP500 And some other FX are like a rocket. Hope you all are inn.

Trade active

Hope you all had some god trades on Oil.
This is my trade for Oil today.

Kirk65

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