As the Federal Reserve continues to raise interest rates and unwind its balance sheet, concerns over other US banks were raised following the "Silicon Valley Bank Incident", causing all three major US stock markets to fall. The S&P 500 Bank Index plummeted 6% last night, marking the largest single-day drop in two years. JPMorgan's stock price also fell 6%,...
As we see downside liquidity has been done by Big Players. BUT The Upside Move is still yet to come as alot of liquidity has been shifted towards upside. So just sit and watch whats gonna happen in near future. Remember this is a daily timeframe.
Amidst reports that oil loadings from Russia's Baltic ports were set to rise by 50% this month; the price of oil continues to drop as the $82.50 level remains a strong ceiling for selling pressure - a feat which has lasted for 3 months now. Also, OPEC+ is expected to meet on Feb. 1 to decide its monthly production targets and this is one event major players in the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
I'm looking at a possible rally from this point of interest, which involves a fair value gap (FVG) on the 5m chart in the discount half of the range rally out of a 5 minute Orderblock (OB). I don't expect much from it considering the time of day and it being the last few days of the holidays. But it is worth noting.
USOIL - Trading inside a Daily retracement here im looking for price to retrace on the 4H tapping the demand zone at the PHL before making LTF support and continuing to fill the imbalance near the Daily supply (This is the zone i'd be looking for reversal) Let me know your thought!
🟢 USOIL TF: 4H Side: Long SL: $79.50 TP 1: $84.30 TP 2: $86.10 TP 3: $87.56 There is a nice flag formation and RSI + MACD look reset enough to take this long position. I think that it could go well beyond my $87.56 target. But as part of my risk management strategy, I will close at $87.56 and open another position from there if that is the case once it flips...
Potential buy from support/HTF channel bottom, will be entering with a break of that TL and the previous swing high, once I have that confirmation ill be pulling the trigger! Let me know your thoughts!
USOIL is looking like an expanding market about to complete 1-2-3-4-5 pattern - see purple. A possible reversal area is the 1.272 ext (82.52) of the last swing higher - see green This area is also a support area going back to January. We draw another extension from the last small move higher - see black - and judge the price action as it moves through these...
I am of the opinion that natural gas shortages this winter might be driving gas prices higher in the last quarter of this year. The current structure reveals that price action is back to retest the bullish trendline identified on the weekly time - an area which shares a confluence with the $85 key level. In this video, I have explained what my expectations for the...
The US Oil is making Descnding channel. If it breakout it's trendline strongly then look buying opportunity on it.
Trend: Upward Candle Sticks: Tweezer bottom at the new LH. Support & Resistance: Support at LH and Resistance at TP1 and TP2. Fibonacci Retracement and Extension: Retracement level of the previous rally is around 0.6 and the next HH would be around 1.2-1.4
Hopefully US oil is moving towards the long side as the major support is re tested several times. So kindly do ur own research and take right entries.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
CRUDE OIL – Futures: Price Moved Higher From Within The Range Of The Long-Tailed Bullish Pin Bar Signal Price Action: Price formed a Bullish Pin Bar Signal overnight (We are not considering trading this signal). Price moved higher from the prior Long-Tailed Bullish Pin Bar Signal that had formed late last week (We suggested buying on a retracement lower into the...
CRUDE OIL : Long-Tailed Bullish Pin Bar Signal Price Action: Price formed a Long-Tailed Bullish Pin Bar Signal overnight. The recent Bullish Tailed Bar Signal that had formed mid-last week failed (We suggested trading this signal in the July 11th members' weekly newsletter). Potential Trade Idea: We are considering buying on a retracement lower to within the...