USOIL: Multi-Timeframe Analysis | Strong Setup Forming
Updated
I've been exploring through different markets over the past few days, and one thing that really caught my attention was 
USOIL
So, I decided to share my thought process of how I analyze any market from a top-down perspective while using all timeframes to create a bias.
Top-down analysis is always the key element of how I approach any market.
This way of viewing the market has really helped me to remove subjectivity when analyzing a pair.
Instead of relying on my personal view, I can confidently rely on what the market is showing me regarding trend and zones.
Adopting a mechanical perspective has genuinely helped to remove doubt and fear in my overall trading.
Now let's get into the top-down process:
12M:
6M:
3M:
1M:
2W:
1W:
1D:
Feel free to suggest which market you'd like me to cover next!
USOIL So, I decided to share my thought process of how I analyze any market from a top-down perspective while using all timeframes to create a bias.
Top-down analysis is always the key element of how I approach any market.
This way of viewing the market has really helped me to remove subjectivity when analyzing a pair.
Instead of relying on my personal view, I can confidently rely on what the market is showing me regarding trend and zones.
Adopting a mechanical perspective has genuinely helped to remove doubt and fear in my overall trading.
Now let's get into the top-down process:
12M:
6M:
3M:
1M:
2W:
1W:
1D:
Feel free to suggest which market you'd like me to cover next!
Note
Waiting for price to reach back into X2/2D Fractal block before considering getting into longs.Trade active
Note
X1/2D valid for longsTrade active
Trade closed: stop reached
SL hit
📥┃𝐅𝐫𝐞𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤𝐬:
discord.gg/B2e52B3D7U
📥┃𝐐𝐮𝐚𝐧𝐭𝐢𝐭𝐚𝐭𝐢𝐯𝐞 𝐌𝐨𝐝𝐞𝐥 𝐀𝐧𝐝 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲:
fractalyst.net/levelup
📥┃ 𝐅𝐫𝐞𝐞 𝐒𝐜𝐫𝐞𝐞𝐧𝐞𝐫:
fractalyst.net/screener
discord.gg/B2e52B3D7U
📥┃𝐐𝐮𝐚𝐧𝐭𝐢𝐭𝐚𝐭𝐢𝐯𝐞 𝐌𝐨𝐝𝐞𝐥 𝐀𝐧𝐝 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲:
fractalyst.net/levelup
📥┃ 𝐅𝐫𝐞𝐞 𝐒𝐜𝐫𝐞𝐞𝐧𝐞𝐫:
fractalyst.net/screener
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.