USOIL Short Trade Setup Update! Huge Profits Coming!!Welcome to Profitlio Trading!
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Jus follow the video for the update on short trade setup!
Analysis: USOIL showed up some continued growth up to the resistance level held at $27 to $28 price level. Now the price showing up some retest after the breakout on strong ascending channel which where it completed 5 impulses within the structure. Now Ill be waiting for a possible bearish signals on top for new short entries. Sketch up your own trade setup before you take off. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
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Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
Crude Oil Brent
UKOIL FORECAST - ELLIOT WAVE & TECHNICAL ANALYSISHi guys,
I don't usually trade oil. But ever since a fellow fundamental trader asked me to analyze it and it played out, I then decided to start keeping track of it for fun.
Have a look at my idea and see how it will fit into your structure.
Good luck,
FIBZ
CRUDE OIL (WTI) PREPARING TO THURDAY'S EVENTS
Huge fundamental news is coming this Thursday on oil.
No one knows what is gonna happen, so we should be prepared for bullish and bearish scenarios.
in this video you will find:
key levels
trading plan for both scenarios!
good luck!
please, support this video with like and comment! thank you
OIL: Double Equilibrium! Break Coming Soon!Hello dear energy sector friends and USOIL traders, hope you're doing well guys! ;)
Oil is now in a double Equilibrium range, both on the Daily & on the Weekly. I'm gonna walk you through how to play the break in either direction. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Update CHK: Ascending triangle ready to breakout!Section 232 Uranium tariffs this month is likely to be a driver on the natural gas price ultimately pushing Chesapeake higher!
WEEKEND REVIEW: WTI near-term down before trend resumes higherMarkets are a DISCOUNTING MECHANISM they will discount today what they expect at some point in the future and if that expectation does not materialize the price will correct lower. Over the past few months, OPEC has been quite open about production cuts which would be the perfect recipe to push markets higher.
Huge overproduction while demand remained consistent at 1.5% caused the price to crash, OPEN is now addressing this issue.
OIL: Why I bailed outI was long on UKOIL on a lower time frame, as there were early indications that it could be heading north. My trend following assessments then changed, as the picture unfolded. I decided to bail out just in time for no loss.
I don't care if it now jumps north. At this point in time - based on what I see - I now think the probability for the daily time frame is greater for the south.
If I see something different - like new compelling evidence - over the next few days I could change my mind again.
WEEKEND REVIEW: USOIL looks topish, reversal expected at $75/76Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
UPDATE: 9 mb/d draw shoots USOIL higher, tgt $83Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
UPDATE: Im VERY skeptical of USOIL, more downside?Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
WEEKEND REVIEW: OPEC & USD suggest USOIL low is in, tht $83Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!