Get started

Usoilforecast

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. We have rebranded; come find out why using the link below.
TVC:USOIL
by UnknownUnicorn33264805
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
BINANCE:BTCUSDEducation
by AnonimFXRO
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..
TVC:USOILLong
by AnonimFXRO
4
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!
TVC:USOIL
by UnknownUnicorn33264805
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!
TVC:USOIL
by UnknownUnicorn33264805
5
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
TVC:USOILLong
by stuckinprofit
USOIL - LONG TERMUSOIL - LONG TERM All you have to do is read the last USOIL outlook to see the all the market projections for the week came through within the first 30 hours of the trading week. OIL opened with a huge gap which will stay unfilled unless there are positive peace talks with Russia or other positive data come out for OIL. To members I stated earlier today $185 is my next ATH target and we MUST cover this in detail as $110 is the last area of resistance before ATH so we are not far away. Day by day and hour by hour Russia are being shut off from the world and again this is becoming a financial warfare as this is the only way Russia can be targeted by other countries without being drawn into a war. Russia have been taken off SWIFT, NATO have said they won't be joining the fight and the support UKRAINE have received is in the form of weapons etc. Sound familiar? yes because it was all written before it happened. From further research it looks as though Russia as been building a war chest full of finances in preparation for this (years in advanced). Sanctions were doing little until being kicked off SWIFT, Now Russia are raising interest rates to 20% as the economy is suffering and the Rubel is worthless. There stock market has closed and they are being shut offline from wifi, satellite's and airspace. Russia can survive these sanctions but it will come at grave cost for their country. There is one more power move which countries can come together and make to deplete Russia of any hopes of recovery. BAN THE PURCHASING OR RUSSIAN ENERGY. Banning the purchase or Russian energy comes as collateral for other countries, although it would plummet Russia to a fifth world country it would have mass financial effect on the price of crude oil(WTI CRUDE) for the rest of the world. Supply and demand is the simple terms for it. Cutting from Russian gasses for EU countries would turn them to crude and this would further drive the price up and should this happen, remember this $185.12 and higher will be seen. WTI (CRUDE OIL) is use to most things you can think of - Fuel, plastics, packaging, textiles and the list is endless. This would drive the cost of living up worldwide pushing us all into a deep recession depending on how long it all lasted. Next checkpoints : Russian energy ban New ATH Deep world recession
TVC:USOIL
by UnknownUnicorn33264805
2
USOIL - WEEK 9USOIL - WEEK 9 At this moment in time it is absolutely pointless mapping any form of technical analysis on the likes of WTI, Gold and other pairs due to the heart breaking situation ongoing in eastern Europe. Everything written up regarding SWIFT has now happened (It was no surprise as it was the only way for the outside world to cripple Russia without war). This war has the potential to last for months causing chaos in the FX, crypto and stock market. When the market opens we can expect large gaps in all areas so I will not trade Monday whilst the market catches up with itself. I will not go to deep into technicals because at this stage they have no validity. I have marked two dipping zones for WTI which I would be interested in taking longs from but I would be surprised if we even saw a dip. I expect WTI to enter back within the $100 per barrel in the near future. From here out, it is simple/// Prolonged conflict, sanctions and negative reports will cause bullish impulses in WTI BUT on the other hand. A break from conflict, sanctions lifted and positive media reports will cause bearish impulses on WTI. At this moment in time we are all trading fundamentals rather technicals.
TVC:USOIL
by UnknownUnicorn33264805
4
US OIL MARKET OUTLOOKWTI - Market outlook. Last week we did well on WTI taking some big trades and a few scalps, this week we have smashed it straight away. All projections have been followed to perfection and altered along the way when needs be. A new Higher Low was created in the bearish channel and we have secured over 300 pips today from this move. We are anticipating more bearish pressure from here but below 89.44 and we will see a swift move lower. We are well positioned, SL at breakeven, 50% of profits already taken and now we can relax and watch the market do whatever it likes. In this climate WTI can go anyway which it pleases, fundamentals will be more apparent and will shine through before the technicals which is why we are taking profits and securing entries at breakeven. As stated in the week 8 outlook this is an important week and would should get a medium-long term direction after this week. Iran entering the market and a peace agreement with Russia with sink WTI and start a bear cycle which is what economies will want as at the current climate the inflation is becoming unbearable. Don't miss out!
TVC:USOIL
by UnknownUnicorn33264805
1