USOIL TRADE IDEA 1 UPDATEUSOIL has formed a SYMMETRCIAL TRIANGLE DTF.
Secondly the asset is in the process of trying to break through the 0.618 Fib level, has had multiple failed attempts.
I have give Bear and Bull TARGETS.
Usoilanalysis
USOILSELL trade set up for usoil
90.29 is the current resistance zone if price continue to trade below this level expect the drop down to 85.36, if ths level which is currently acting as a support breaks expect it to drop further down to 82.20
USOIL WTI M15 Bearish Shark Pattern Formation Sell under 86.84 USOIL WTI M15 TF Bearish Shark Pattern Formation Sell under 86.84, after target hit and breakout than wait for 2nd target. let's see the market condition...
US Oil is going down as we expected... about $80Hello guys
As we said in the recommendation 4 days before it @usoil is expected to go down, and it will continue to go down... Take advantage of this opportunity
...you won't lose after knowing me
USOIL : OIL ⛽️
STOP LOSE ⛔️ : 88
TP ✅ : 82
TP 2 ✅ : 77
Good luck
WTI crude OIL sell SHORTOil short
uprising wedge
chart rises up
Stop Loss under the HL narrow
LONG buy buy
USOil | New perspective for the week | Follow-up detailFollowing the OPEC+ decision to cut oil production 2 weeks; we have witnessed an increase in the price of crude oil. However, during last week's trading session, there was a drop in oil prices which could be a s a result of "take profit" activities and we still do not know how far the retracement move will go. It appears that the fears of recession and weak oil demand, especially in China, is outweighing the move to cut oil production at the moment, but from a technical standpoint, this video explains where to look out for buying opportunities that is likely going to be inciting the second phase of the bullish momentum that started two weeks ago.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
US Oil (WTI Crude Oil) Analysis and trade IdeaA buy may be setting up.
The highlighted demand zone is expected to hold, as it caused a bullish break of market structure.
So we wait patiently for price to come to our buying zone, then look for bullish price action to confirm and valid entry.
A drop in the price of US OIL is expectedHello guys
I'm back to post analytics ....
usoil will witness an expected decline, because it is in an important descending trend, my analysis will be correct and we will meet in a later analysis .
You can rely on this recommendation :
USOIL : OIL ⛽️
SELL USOIL : OIL ⛽️ PRICE : 86
STOP LOSE ⛔️ : 88
TP ✅ : 82
TP 2 ✅ : 77
GOOD LUCK
UsOil H4 TF Projection Hello Traders, here's a chart of the UsOil and right now i'm keeping a bullish bias.
Here are my reasons:
- Daily timeframe Break of structure
- H4 bullish impulse and correction into our demand zone
-Demand zone tallying with the 61.8 fib level
-Double bottom at demand zone/fib zone confluence.
I'm putting all these things together from a technical analysis POV. However, there's the fundamentals too and we see an increase in the price of gas cut across different countries since the Russian/Ukraine happenings. Could this be the fundamental backing that our technical thesis needs?
Anyways, don't take me as your single source of truth, and I hope this technical breakdown helps.
Do give us a LIKE and FOLLOW to support us in coming out with more contents.
USOIL | Wave Analysis | Possible 4-Wave Long DetourPrice action and chart pattern medium term outlook on weekly timeframe
> Wave Pattern - ABC correction after completing 3-wave 1.618 extension of 1-wave within the C leg, now taking a detour uptrend 4-wave estimated 0.382 - 0.5 retracement between 95 - 100 USD. The final target downtrend price could be about MA200W and Head & Shoulders target zone at 60++ USD as key level support.
USOil | New perspective for the week | Follow-up detailOPEC+ had its first physical meeting since the pandemic last Thursday and has decided to cut oil production which is definitely going to have an immense impact on price movement in the coming week(s). The impact of this event could be seen on the chart as we witnessed a significant breakout of the key level at $86.00 to set a bullish tone against the new week as Crude oil continues to soar on the wave of this decision.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USOILUSOIL currently price is below a resistance zone and a supply zone .if price continue to trade below 90.32 i will be going short down to 85.59 and if the current support breaks expect more drop to the down side
I will only consider going long in a situation where the current resistance breaks which is 90.32.
pls always wait for candlestick confirmation and trend formation on smaller time frames before you take you trades.
pls like an comment.
USOIL Multi-Timeframe Analysis !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 watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
USOIL Short: Parallel Descending Channel & Fib Golden Level Entry
1- On LL
2- Parallel Descending Channel
SL
1- Previous LH
TP
1- around 0.618 fib level
2- 4hr Support area
3- Channel Support
USOIL Short: Parallel Descending Channel on 1Hr Possible Trend Reversal
Making new LL and LH
Parallel Descending Channel
USOIL - Short from resistance ✅Hello traders!
⁉️This is my analysis on USOIL.
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to go a little bit higher to fill the imbalance above and then to reject from resistance.
Like, comment and subscribe to be in touch with my content!
USOIL WTI H4 Bearish Butterfly Pattern FormationUSOIL WTI H4 Bearish Butterfly Pattern Formation, Market will be falling this zone, let's see market condition
WTI LONGstill holding this trade weeked.. wti going trend will turn. look for the numbers.. number will tell you everything,, auction, values, really matter..
USOIL Oct 1 22🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
USOIL ! Daily analysis bullish or bearish ? Short rules are simple: don't force trade against terend, with a clear HL-LL structure. Then, at the red level, is sell zone. momentum is looking price fail to make a higher high, then go to entry short.
traders need to enter short at that level, as a red engulfing reversal candle appears at that point.
verify a lower timeframe for the best analysis and wait until short confirmation.
Must wait for more signals as a confirmation candle, otherwise
Long rules are simple: If you get high risk, high reward. Then wait for the break red zone, with massive bullish momentum
USOil | New perspective for the week | Follow-up detailThis is a follow-up video to my previous analysis on the USOil as we did make a minimum of 350pips in total to close last week. Oil bulls culminated in a loss during the later part of last week's trading session after a surprisingly higher U.S. inflation print for August reinforced expectations for more super-sized Federal Reserve rate hikes. Even as the selling pressure appears emphatic, the current market structure remains ambiguous.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
