Usoil Buy Callif you guys are intrested to buy here is an opportunity to avail it before gonna late.
US-OIL
USOIL - break of the channelAs we can see, we just broke out of the channel, so we are expecting a pullback with the size of the channel. Have stoploss near the entrance of the channel. Good luck to everyone!
USOIL - Nice ascending triangleAs you guys can see, we have formed ascending triangle, which means that most likely it will brake on the upside. You can take longs now and put my stop lost or wait for the price to go to the bottom of the triangle and get a more leveraged position for long. If you like my idea follow, like and comment!
us oil 2-24will be posting occasional trades from now on that give a clear outlook from my perspective relative to whatever entries
I have just taken.
Please message me with any questions, tips, or suggestions and blessed trading!
USOIL and D-Kong barrelsActually we can see that there's a supply supporting the value, and a broken uptrend that USOIL needs to retest, in the price action, we are coming from a double floor so at least we expect that the value arrive to 55$ that it's in the same position of 38% of fibo, so we expect at least this rise but the value can achieve and arrive to 50% or 61% of fibo, it will all depend in the accumulation in the KL
US Oil swing buy opportunityHello Friends,
Oil is beginning to look very interesting for me. The $50 barrier is holding well, and we are currently retesting the break of the downtrend that we have at the base. 30 minutes from a potential bullish engulfing candle on the H4 chart
LONG US OIL BUY ABOVE 56.85$ AND TARGET 58$ TO 58.20$LONG US OIL BUY ABOVE 56.85$ AND TARGET 58$ TO 58.20$
Analysis of the Current Structure on USOIL by ThinkingAntsOkUse this as a guide to develop your setup.
Main items we can see on the 1H chart:
a)Price Couldnt Broke the primary ascending Structure, and it failed several times on the past (Weakness of the Bullish Movement)
b)On MACD we can see a Bearish Divergence (Weakness of the Bullish Movement)
c)Now we will wait for a Re-Test of the White trendline, and after that, we expect a bearish movement towards the next Minor Support Zone
d)Only look for short trades if the Re test happens
e)Our conclusion on this structure is that the price will break it down, starting a new bearish movement of a Higher Degree
CLOSE USOIL, top of the channel almost reached! +400 pipsHey folks, close USOIL for +400 pips. why? I just noticed that we're USOIL created a channel!
Currently, we're close to the top of the channel and I want you guys to bag those hard-earned pips. Enjoy the profits and re-entry will be soon!
Daily Analysis on US OIL by ThinkingAntsOkUse this as a guide to make your own setup
Main items we can observe on the Daily Chart:
a)The price is against a major Support zone tested multiple times
b)Currently, we can see a corrective structure close to the support zone and the Descending trendline
c)We expect a breakout of the corrective Structure + correction below it
d)If this happens and the support zone 1 is broken, expect a continuation of the bearish movement towards Support zone 2
Daily and Weekly Analysis on US OIL by ThinkingAntsOkUse this as a guide to develop your own setup
Main items we see on the Daily chart:
a)The price is on a key level, we need to wait for Bearish or Bullish Reaction
b)Why this level is important? Because we will have solid clues to think on Bullish or Bearish Setups depending if the price consolidates above or below this zone
c)If the Bearish Scenario happens, we will wait for consolidation on the Support Zone, that will be a Strong Signal to think on a bearish Setup.
d)If the Bullish Scenario happens, we will wait for consolidation, but we don't have a good identified level yet.
e)By the moment we will not enter the market we will just observe the price behaviors on this week
Weekly Analysis
USD verse Oil - Easy PIPs on ShortThis is a pretty easy one to get in on and make some quick money. Previous lows and highs tested and market has shown that the impulse move up (TRAP) is short lived by weakness and falling volume.
152+ PIP opportunity here if conditions are met with price passing and checking current support. Look left!
USOIL approaching resistance, potetial drop! SOIL is approaching our first resistance at 59.96 where we might see a corresponding drop to our first support at 51.08.
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
USOIL beutiful trend change example - Aim 64$ per BarellUSOIL is making beutiful pattern for trend change.
I'm awaiting move to 64$ area, where is nice resistance for OIL.
Happy trading week traders, Good luck and don't forget to trade properly!
USOil approaching support, potential bounce! USOIL is approaching our first s support at 60.65 (horizontal overlap support, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our first resistance at 67.62 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
USOIL - Daily Key Elements Key Levels to look out for USOil, please refer to our 4 hour chart for a strategic view!
US Oil is approaching support, potential bounce! US Oil is approaching our first support at 65.17 (horizontal swing low support, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 70.92 (horizontal overlap resistance, 50% Fibonacci retracement)
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price.
US Oil approaching support, potential bounce! USOil is approaching our first support at 70.92 (horizontal overlap support, 100% Fibonacci extension, 50%, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 73.51 (horizontal pullback resistance, 50% Fibonacci retracement). RSI (55) is also approaching our ascending support line and we might see a corresponding rise in price should it bounce off this level.
USOIL - Bearish Momentum ContinuesWatch for structure breakdown and short!
This is a long hold trade for some days.
You can have 2 TP. 50% risk on each lot.
I will update this trade soon.
