" USOIL " Buy Trade ( With 1000 Pips Target )Good Morning Trader's ,, How Are You Today ?
Let's Explain Together "USOIL" Chart And Reasons To BUY From This Area !
1- What Is The Trend For USOIL ? Now ,, It's In Down Trend ,, We Have Break Out Trend Line And Channel And Wait To Break Out Resistance Area To Enter Buy
2- Why We Will BUY From This Area ? Trend Line Break Out - Channel Break Out - Gann Direction
3- When We Close The Target As Stop Lose ? When USOIL Close Down 90.00 With Daily Candle
Any Questions Please Write me On Comments !
Gannangles
W.D Gann's 1929 stock market prediction compared to the BTCI have noticed that William Delbert Gann's stock market prediction of 1929 could be very similar to Bitcoin's current price movement and decided to make a comparison. The result was shocking! Gann managed to predict the crash of 1929, also called as "Great Crash" years in advance.
BTC from Zero To Zero so the whole idea started from the question is it going back to Zero ?
using the Gann fixed squre . the chart was squared from the zero to the top . and then from the top to the zero again .
and two gan box ( star ) and support fan was used . to show possible support prices .
so the only possible long position would be 11932
or . if it holds above 22932 by end of August
BTCUSD: Preparing Positional Long EntrySince our last post, the BTCUSD market went through a corrective phase that brought the price to the mid20k level, the lowest price since the onset of the price discovery phase when the prior ATH was left behind with a bang. It is an exceptionally well-behaved market despite the turmoil that many other DeFi projects incl. stable coins have been going through. It seems reasonable to be looking for opportunities to add to long exposure in this market as the risk/reward is becoming more attractive.
Key events/levels to look for clues:
25k bottom retest;
25k bottom retest +break = 7.5k extension lower;
17.5k - 22.5k as a major bottom.
INDEX:BTCUSD is at a very pivotal moment and opportunities always come with risk, do manage the risk accordingly.
Staying tuned for further tells.
AUDUSD »» What could be the first breakout?
We'll wait for this wedge pattern breakout first. If it breaks upwards, we will wait to trade from the breakout point or re-test area. And when the price moves closer to the resistance trade line i.e. 0.72 or 0.776, then if one confirms bearish movement then we will keep the target down to the support area (green box). If there is no price bounce in this area then we can see the price above 0.69 in the future as per the previous analysis. And if the audusd pair bounces back from the support area, the upper white trendline resistance area will take a breakout and there will be a big bullish price in the future (expect 0.75/0.79).
💁 Previous AUDUSD Analysis Chart
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Gann Dates EthereumMAY/6 : one eight of the year
JUNE/20 : two eights of the year
AUGUST/05 : three eights of the year
SEPTEMBER/19 : four eights of the year
NOVEMBER/03 : five eights of the year
DECEMBER/18 : six eights of the year
FEBRUARY/01 : seven eights of the year
MARCH/21 : one full year cycle
Ethereum May 2022The price has fallen below key percentage levels as well as important angles which historically means a revisiting of lower levels levels. Historically during this phase of the cycle, BTC/ETH have reached its lowest point in November between Mars heliocentric reaching 0 degrees Taurus and Gemini.
However, the price has fallen into that period with peaks and valleys along the way, or sideways consolidation with minor variable increases and decreases.
So many square aspects and eclipse periods approaching middle of May is reason to tread with caution.