USOIL top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Usoilforecast
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bearish price action on USOIL as price takes out weekly lows and fills a bullish imbalance on the H4, we have a clear bullish market strucutre from a HTF premise on this chart and we should go higher somewhere around 120 price area where we have a lot of bearish imbalances.
From a market seasonality stand point we are in a CLEAR BULLISH SEASONALITY meaning the price of USOIL should rise more and more, way above 130$ per barrel.
What do you think ? Comment below..
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USOIL as we are in a bullish market strucutre on a D1/H4 market strucutre premise, price filled a bullish imbalance on h4 and rejected a bullish orderblock that should act as a valuable area of ,,support, if you will. We have strong bullish momentum, and i hope for a strong bullish closure on H4 that could sign a potential reversal.
What do you think ? Comment below..
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USOIL as we are in a bullish market strucutre from a H4/D1 perspective, price is rejecting right now a bullish orderblock area on H4 this area could act as a valuable area of support if you will. Another reason why i think we go higher from there is because price has a lot of bearish imbalances near 120$ area that are still opened price could be magnetize there to fill the price inefficiency.
What do you think ? Where we go next ?
Oil's last run ; before a slow demiseOil's last run ; before a slow demise
Just wanted to look at oil and record this obvious fractal down somewhere. Lets see if it plays out.
The age of oil is coming to an end. Putin has now sped that up.
Him and his goons no doubt had some very sick oil longs on knowing they would create a crises. Its all pretty disgusting really.
USOIL LONGS INTO 124 📉📉📉📉 Expecting bullish price action on USOIL, as price is still bullish on H4/D1 TIMEFRAME, today price made a retracement back into bullish orderblock on h4 108 price area. Next week's target is around 124 where usoil should fill all the bearish imbalances.
What do you think about this chart? Do you agree ?
USOIL - OUTLOOK 12USOIL - OUTLOOK 12
Hello traders and happy Sunday, let's no waste time and jump straight into it.
From the last outlook USOIL declined as we expected it to, we caught two nice trades but GBPJPY and NASDAQ came back to bite us and but us straight to bed. USOIL is now stuck $99.73 and $106.41, we must break from here to get a directional bias. We are still very bullish and have broken a descending wedge but it's critical we come back above $106.41 to move higher. Above this region and $114 and recent highs will be the target. Any new tensions or negative news for the war will only drive price up again and once ATH breaks it will be a clear run to $185 which is my cycle target.
If USOIL doesn't break 106.41 but instead falls below $99.73 we will see a quick sell off to $91.27 and even $88. It's all to play for in USOIL and right now I am neutral until either zone breaks with confirmation. It is best to stick to the 4hr timeframe for further and greater confirmation on USOIL to avoid fake outs. The candle closures will play the most important role.
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WTI Cude (OIL) BUY TRADE IDEA
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 watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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Inside Bar Candlestick Pattern📉📉📉We will cover the following today:
Inside Bar (Inside Day)
Inside Days
✅ Inside Days are a daily pattern involving two daily candles, we have a day of trade, also known as the ‘mother candle’ and then the following day trades the whole day within the range of the previous day. This is a two-day bias suggesting a potential reversal. A great way to play these sorts of biases is to pre-empt the failure of this reversal, as well as playing the success of the inside day, so what does this look like? Let’s take a look at an example below.
✅ What is an inside bar?
The inside bar is a popular reversal/continuation candle formation that only requires two candles to present itself. This pattern is a direct play on short-term market sentiment looking to enter before the 'big moves' that may take place in the market.
✅ Is an inside bar bullish?
First, unlike other candlestick patterns, inside bars are usually not distinguished as bullish and bearish by their look or color of the body itself, but rather by the location they are at and other peripheral developments
✅ An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar's high, and the low is higher than the previous bar's low.
📈 HOW TO IDENTIFY AN INSIDE BAR ON FOREX CHARTS
The following steps are used when identifying the inside bar pattern on forex charts:
Identify a preceding trend using price action/technical indicators
Locate inside bar pattern whereby the inside bar is engulfed fully by the preceding candle high and low
USOIL LONGS ACTIVE 📉📉📉📈 Expecting bullish price action on USOIL, as we are in a HTF bullish market strucutre, price fills all the bullish imbalances on D1 and H4, we have a h4/d1 bullish orderblock rejection + institutional figure 100$ for USOIL which is very important, we have also a lot of bearish imbalances that should be filled somewhere around 120 as price was very inefficent in that area, that area works as a magnet for the price. Fundamental Context on this asset is likely bullish, i will also attach market seasonality chart so you will understand that we are in a bullish cycle.
What do you think ? Comment below..
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as price takes out weekly low liquidity, a lot of bearish imbalances are left somewhere around 120-115 price area price should rise to fill them ASAP. As market is imbalanced
USOIL is in a huge bullish market strucutre area on a HTF.
What do you think ? Comment below..
USOIL - OUTLOOK 11USOIL - OUTLOOK 11
It has been a very very slow week for us, only 138 pips profit booked and a 50% accuracy for our trades (4 taken in total). If you are struggling to trade these conditions it is through no fault of your own. Due to the impulsive moves the charts have no structure and we are fundamental led. No matter what analysis you apply it can be undone in seconds with one statement from Putin etc!
WTI closed bearish as expected and we should see further downside from here unless fundamentals drive it up during the weekend. WTI will be looking for it's next lower high which I think will be confirmed around 94.50. I expect further dips lower to fill the gap and these would be prime buy opportunities.
The current economic climate is just the beginning and I still have $185 a barrel clear in my sights.
There is not much more to comment as price from here becomes very choppy.
Make sure you use the link below to keep up with us!
USOIL - WEEK 10Traders I come to you midweek with outlook 10 for good reason.
I told members I would let the market move about at the start of the week due to the large bullish gap and impulsive moves. All FUNDAMENTLS have been called correctly and the most recent one which was the banning of Russian energy exportation, I wonder where this was written over a week before hand.
Next on my hitlist for fundamentals are:
Dollar targeted
New ATH
Deep world recession
Everything we predicted from a fundamental aspect has been seen and you can tell it's no coincidence!
Today I mapped out a bearish scenario for WTI which is coming through perfectly so far and now that we are seeing some real pullbacks we can start returning to technicals for guidance. WTI should pull back deeper and my eyes are locked in at $99.50 - $98.22 but I also can't shake the gap fill around $92.00. There is nothing to stop USOIL hitting the $92.00 as this would provide a huge buy region, a technical gap fill and as long as it didn't close below it would be a new higher low. Price isn't bearish as a new higher high was made before the drop off.
Your brokers, guru's and FX news places are all writing about how USOIL is sinking from 14-16 year highs and it's reversal time. 100% Incorrect, for USOIL to hit new ATH serious momentum is needed and large pullbacks would provide this. USOIL dropped due to inventory reports and this has been to prefect excuse to take profit on longs and get ready for the next set. Believe me when I say this $185 will be seen should no changes come from eastern Europe.
All this momentum has been driven by the war in Europe so why should some reports have should a huge effect. I said repeatedly price will be sensitive to any news due to no technical data being respected. With the ban on Russia energy export it is going to leave WTI as the monopoly.
This drop is an abnormality and we will take advantage!
Only one way to found out how and that is using the link below!
USOIL PERFECT ANALYSISMy coach/partner once told me, continue the quality work and not do it for views or likes, because Bees do not have to explain themselves with flees that Honey is better than shit... this proves a lot in my life, personally as a trader and as a stoic, my life have been Up and Down like the price action, but i am still heading in an up trend direction as my life pattern is forming higher highs and higher lows.. lol.
Usoil for the third year is a win, i am grateful to Team PFX
CORN SHORTS 📉📉📉The same view on CORN as on WHEAT chart, we have a nice bullish market strucutre but looks like price is very exhausted and right now we should see a corrective movement down ito 700/600, we have a lot of bullish gaps on it's way and price should retrace to fill those.
On a long-term perspective i am still bullish based on the fundamental context.
What do you think ? ..