USOIL LongHey traders, in today's trading session we are monitoring USOIL for a buying opportunity around 121 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Buyusoil
USOIL Strong Resistance BreakoutHey traders, in today's trading session we are monitoring USOIL for a buying opportunity around 120.5 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USOIL LongHey traders, in the coming week we are monitoring USOIL for a buying opportunity around 110 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USOIL LongHey traders, in today's trading session we are monitoring USOIL for a buying opportunity around 102 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Will USOIL hit 100$ again?Hey traders, we are monitoring USOIL for a buying opportunity around 90 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USOIL LongHey traders, in this week we are monitoring USOIL for a buying opportunity around 85 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USOIL LongHey Traders, in tomorrow's trading session we are monitoring USOIL for a buying opportunity around 70.3 zone. USOIL have formed a bullish flag. Once we will receive any bullish confirmation the trade will be executed.
Trade Safe, Joe.
USOILHey Traders, above is a technical overview on USOIL and the most important zones to take in consideration.
Trade safe, Joe.
USOIL Long positionthe usoil is at really important buy area with low stop lose damage u can enter now at ur responsability
USOIL INTO $64.50US OIL INTO 64.50 PER BARREL, AFTER RETEST OF SUPPORT LEVEL . THIS MEANS USD/CAD WILL FALL, TARGETING 1.21300 LEVELS AFTER COMPLETING FIBONACCI RETESTS.
Buy USOil/WTI Crude for ~213pipsI am looking to buy WTI from 40.78 for about 213 pips.
**Please DO your analysis, and share your thoughts.
USOIL in tipping scale... first to $77 then down to $62My trading Idea here is to catch the upward bounce and then to short the trade.
First
My entry for a call is short term based +- to 5 August
Call Entry 67.85
Close Trade at 70.00
Then
Short 70.00
Downward target $62.00
BUY USOILRecently we had a Bullish Shark pattern completed with confluence of RSI Hidden Bullish Divergence.
We waited for a Price breakout of the Triangle to take an entry. However our entry was not triggered because price broke on downside of the rising wedge during inventory.
Now we have formed a Classical Bullish Divergence.
We need to wait for a Candle Close above 50 USD. This 50USD is also a psycological level. If Price closes above 50USD and we see good amount of weak bearish movement after this Breakout on LTF then we should take a buying position and hold it for either a Measured Move/Fib Extension of current Correction of existing Bullish trend/Utilize Fib Price Projection
The amount of time spent on rising wedge and creating the small swing up swing leg was quite small swing. Now the recent swing low we established extended 1.618 Extension of this small up swing.
Also this Large red Candle that was formed after the downside breakout during Inventory is much bigger then its recent peer. Mostly this kind of Large candle acts as Resistance/Support. Also this 50% of red Candle is occuring nearly around 50USD , which is also an psycological Level. If we get an Candle close like mentioned above then we should have good chance of Rally in USOIL prices.
TARGETS :-
MEASURED MOVE FROM PEAK TILL RECENT SWING LOW IS 4.56 USD
FIB EXTENSION TARGETS WOULD BE 54.97(1.272 EXT) / 56.56 (1.618 EXT)
FIB PRICE PROJECTION FOR SYMMETRIC 1.0 WOULD BE 55.86 AND 1.272 @ 57.68
LONG USOILWe have Bearish Pattern in formation. We have completed C leg. Possible Bearish CPB idea is too out of sight now.
Faster KUMO showing order imbalance and pointing up showing bulls in favour. Price is out of Cloud.
We also have a Candlestick Buy signal from H4 TF.
Summing all this up with Output Cut news we look good to test 49USD levels again.
