USOIL SHORTS 📉📉📉📉 Expecting bearish price action on a intra-day basis on this asset as price takes out previous daily high and asian highs meaning a reversal should occur
What do you think ? Comment below..
Usoilforecast
HTF intention with LTF execution 📉📉📉🎯 I will try to explain how do i use HTF in order with LTF.
✅ HTF - higher time frame usually those are timeframes that are higher then H4 like D1,MN1.
✅ LTF - lower time frame usually those are timeframes that are lower then H1 like M30,MAT,M5
When i take trades i wait for price to approach a HTF POI and then zoom out on LTF to find a better risk-reward entry like the photo says HTF intent LTF execution helps you to get a better risk-reward ratio and a higher probability trade, this is working on every financial asset from crypto to forex to commodities and stock market
✅ POI - POINT OF INTERES an area in the market where price have a higher probability to go bullish then bearish lets say 70/30 % probability.
Example price come into a ,,support,, area this means we have a BULLISH POI we have a better probability to go higher then lowe
Usoil ready to drop are you ready if ready follow meUsoil ready to drop are you ready if ready follow me our ist step strategy when market break the d1 HH then if break in 4 H structure it mean ready to reversal
we expect a bearish move
US OIL MARKET BREAKDOWN Happy weekend traders;
Lets get into oil...
OIL pushed towards the 92.50 zone which was marked on the last breakdown, we didn't take a long in the market because we were stuck in a ranged area and as we know we can break either way in a range area. OIL is pushing up inline with inflation and again has broken the trend. judging by the candles shown oil will have a normal pullback from this region and I aim to take the long should the appropriate set up come through.
There is nothing new with oil and it is respecting all projections stated in the breakdowns.
US OIL MARKET BREAKDOWN Good Evening traders;
First of all make sure you are following the signature at the bottom of this idea...150 pips profit secured today.
Now lets get into it;
Oil had some slight pullbacks but ultimately we closed bullish...I never say never but 80.20 is highly unlikely at this level so 84.50-30 now becomes my region of interest for a swing buy. This level is still possible as should any of the current structure give way then the old structure lies below at the stated zone. PLEASE DO NOT THINK I AM BEARISH...I HAVE BEEN CALLING $90+ SINCE DEC 21 BUT I AM MERELY SHOWING THE POSSIBILTIES OF PULLBACKS BEFORE THAT REGION COMES THROUGH.
If OIL starts pushing any higher into the $90s before a retest of $84.50-30 then it will do so quickly and with volatility. Ultimately I am waiting on a manipulative drop to buy oil but I need to sit on my hands and wait for this. My bias hasn't changed and I have marked my next regions of interest. The longer oil goes on without a proper correction (Lots of untested regions of support) the harder it will fall when it does...this is why I am waiting for the drop first.
Oil reacted perfectly with all given zones today.
USOIL 1Hr Medium Term AnalysisI'm bearish on crude as we begin the week, in the medium term. We have been quite bullish on this
commodity. However it looks like we may correct to 86 and/or 85.30$ price point before
continuing our Bullish Ascent to 90$
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.
Why Crude Oil and NATGAS prices are rising? What is next? Since August 20202, the crude oil price has risen because of demand. However, during covid suddenty, crude oil demand dropped. But very soon, crude oil managed to recover its market.
Since November 2020, Crude oil prices have been rising gradually following its trendline support and trendline resistance.
Everything was fine till the Russian and Ukraine crisis started. When the situation started, and till now, crude oil prices rose almost $25/barrel.
Is Russia is a factor in the rising crude oil and others fuel prices? The answer is yes. Russia is the largest exporter of fuel to the European market.
Neither the United States nor Russia has moved away; On the contrary, both sides have increased their military presence. In the meantime, the Nord Stream-2 pipelines have been under discussion for a few days.
This pipeline has been laid to take gas from Russia to Germany. However, both the United States and Germany have said that if Russia invades Ukraine, work on the Nord Stream-2 pipelines will be delayed. As a result, NATGAS prices also rose nearly $2.
Russia, Norway, Algeria, and Qatar are the four countries in the European Union that import the most natural gas. Of this, 41.1% came from Russia and 16.2% from Norway. The rest of the countries from which natural gas comes are less than 10 per cent. The same is true of crude oil.
Europen country's imports from Russia are 26.9 per cent of their crude oil. The amount of crude oil imported from any other country is not more than 10 per cent. In addition, 47.8% of timber and coal are imported from Russia. According to the European Union's 2019 update, the United States imports 16.6 per cent of this timber and coal.
This means that if Europe imposes sanctions on Russia over its attack on Ukraine, Russia alone will pay the price. In this context, we can talk about the 1967 Israel-Aber war. In the wake of the six-day war, Saudi Arabia, Kuwait, Iraq, Libya, and Algeria joined forces to cut off fuel supplies to the United States, the United Kingdom, and West Germany.
In 1963, the Arab-Israeli war broke out again. Once again, Arab countries cut off oil supplies to the United States. The reason is that the United States supplied arms to Israel.
In addition, Arab countries cut off oil supplies to the Netherlands, Portugal, and South Africa because they supported Israel. Although its impact is felt worldwide, oil prices are rising all over the world.
Though the situation is not the same right now, Arab countries are best allies with the USA and European countries. But we have to keep in mind that Rusia himself supplies 41.1% crude oil to Europe. So, only the Arab countries won't tackle that demand and situation.
So as long as this crisis won't finish or world leaders won't reach a solution, it is expected that the crude oil and NATGAS price has more chances to rise in the upcoming days.
If you are a crude oil and NATGAS trader, you should always keep in touch about the Russian and Ukrain issues. As these commodity prices stay in pick, any developing news about the Russia and Ukraine crisis may decrease crude oil and NATGAS prices.
Crude Oil Technical Analysis
Crude oil is hovering nearly its trendline resistance zone. The present rate, trendline resistance, is identified at $93/95/barrels. So, unless the crisis accelerates, we may see some correction from the trendline resistance level.
$77 is identified as trendline support from the current level. If the market goes for correction, it may test the $77/75 price zone. As long as crude price holds above the $75 price zone, it still is an uptrend. So, we may see another upward lag from the $77/75price zone.
Our final upside target is $100/107price zone this year. It may take time to see the crude oil price above $100. But if what won't solve the Russia and Ukraine issue and accelerates more, it is just a matter of time before the crude and NATGAS price will spike to the upside.
US OIL MARKET BREAKDOWN Hello traders and welcome to our opening week breakdown...Lets cover oil in all its glory.
After Tuesday oil broke away from it's bearish correction before reaching it's target zone...I stated we must stay open to this idea and that oil could do this although it's in need of a pullback. As oil pushed higher during the week we have another bullish weekly candle and we can expect price to go higher but until there is a clear break above 87.97 then I would be open to the possibilities of those pull backs first. We had two daily DOJI candle's showing indecision at a crucial zone so price will get interesting from here.
Please don't think I am being ignorant to the bullish move as I stated oil would have a very bullish Q1 and Q2 expecting price to breach into the $90 region so we are still inline with the overall analysis. As stated before Oil will need some serious momentum and drive to breach this $87.97 region...this breach will either come from technical or fundamental data. If the breach comes from fundamental data (news, data, inflation etc) then the move will be large and parabolic but should the move come from technical data then we need to open to ideas of pull backs to obtain liquidity. The longer oil goes without a significant pull back the more volatile the drop will be when it does come.
We can see that oil has met a ranging region which it needs to break from either way...the candles show downside but Between 84.64 - 87.97 the areas are very choppy so we can't rely on candle data alone. Confirmation is needed but likely when the move comes it will be fast.
I am looking to long oil from SIGNIFICANT PULL BACKS ONLY (MANIPULATION). Set ups are available by following the signature.
PDL vs PDH Educational 💰📉 I tried to explain in this example how i use PDH/PDL to spot intra-day reversals, this happens on all the financial instruments from forex to crypto. Take a look and study this concept.
What do you think ? Have you traded it ?
USOIL 1Hr Chart Friday NY Session, 88.20$Consecutive HH's on the 1Hr
Fakeout for liquidity back down to 86.75 yesterday duirng NY Session
to grab orders. Shouted out buys if your Bias is Bullish on crude in the "update section "
yesterday from 86.75
Intraday ATR increasing as we move into London Close, could see another leg here.
Or we reject to gather more liquidty for Sunday/Monday next week.
Anything can happen, always have a stop and a good Risk Reward
US OIL MARKET BREAKDOWN USOIL MARKET BREAKDOWN:
We have stayed silent on oil this week and let it run it's course. Unfortunately oil is at a region where it's extremely choppy at all levels which makes trading and analysing that little bit harder.
Oil broke the bearish channel with an extreme impulse showing bulls back in control of the smaller trend. I was surprised that we didn't see larger dips or even a retest of the bullish trend but again it makes the uptrend vulnerable to a large dip. Charts should have an equilibrium about them making for organic structure which is usually what we see in oil but right now we are not. Oil is at a region now where it will push to $93 without a pullback or it will pull back first. I warned members of an inverse head and shoulders which ended up coming through.
Should OIL push to $93 without a pullback in the first instance then the drop will be large and volatile once resistance is met in this area. I am only interested in shorting from $93 region. My eyes are set on buys and these have been marked by the blue arrows.
The dashed blue lines show oil taking a dip towards a major support zone which also lines up with a hidden trendline...Should oil find support here then I will look to long.
The solid blue lines show oil taking a dip towards the last line of defence for oils bullish move to stay valid which also lines up with the clear trend...Should oil find support here then I will look to long.
Regardless oil is bullish and pullbacks are due I warned of quick movements to the upside given the bullish pressure we have seen. We took three trades on oil this week leaving us around 180-190 pips in profit.
OIL is currently in an area where I see no trade but once is meets one of my three aspects mentioned above then I will look to execute a trade. Regardless on my thoughts on pullbacks I will not be looking to short any short-mid term bearish movements.
Make sure you are following us and using the signature down below to keep up to date with us.
USOIL SHORTS 📉📉📉📉 Expecting bearish price action on USOIL as price takes out a lot of buy side liquidity areas on a swing premise + taking out intra-day asian highs stops and previous daily high, i think we should go bearish from there into 83/82
What do you think ? Comment below..
usoilHello traders. I expect the price of oil to break this line, initially $81.5 and in the second stage $79. Are you agree?
US Oil 4Hr Analysis, Week 4 2022, Cad interest Rate DayWe are quite Bullish
The daily candle yesterday closed in a fashion
that validated longs to 90$ a barrel.
We are currently testing 4hr Resistance
It is most wise to wait for the Daily candle to close
or until asian session latter for any sells. For
buys, Fomc could be a catalyst for us to move out of
87$ and 88$ and continue on towards 90$ a barrel
WEEKLY HIGH vs WEEKLY LOW ✅I tried to show you in this example how i use weekly high / weekly low to spot intra-week reversals bearish or bullish.
Just look for a drop below previous weekly low and a bullish confirmation - intra week bullish reversal
Look for a rise above previous weekly high and a bearish confirmation - intra week bearish reversal
Plain and simple, have a great trading week. ✅✅✅
Crude Oil 4Hr Analysis, Jan 25th NY Session3 Reasons why I believe this commodity will go bearish and create cad weakness.
I think it is possible we can touch 81.60$
USOIL UPDATEGood Evening guys;
Beautiful short taken by our community today...Falling further is something I expected as stated in my last breakdown. The drop was called and I said a "FREE FALL" will take place below 84.74 which is exactly what happened. This is no coincidence as we know where the market it going.
My bias hasn't changed on oil and I am still bullish and as we can see we have a nice down trend channel forming. Again the rise from $74 to $87 was called and then we would starting seeing pullbacks...You can't make this type of accuracy and knowledge up!
Oil is now below a significant resistance point which until it has solid closures above oil will continue to fall further, although we can see bulls taking back ground I still see $80.40-$79.88 coming through before we move towards $90 again. The market will be confusing for many but not for us, we know where the market is going and we know how to trade with the institutions. our sell limit wasn't met so this was changed to a sell order missing out on our TP by 12 pips but we were still able to secure around 250 pips today.
Fake outs to the $85.20 region are very welcome and I will look to short given the set up and conditions are correct but as soon as I see 80.40 -79.88 I will look to long.
Great trade.
Great result.
Great community.
Follow us to keep and use the signature for our trade updates
usoil ready to drop are you ready ?usoil ready to drop are you ready ? we expect bearish move now because market break made new high don't missed setup
USOIL free signali recommend buy USOIL now as you can see we have a nice trendline in all big time frames + nice signals in indicators...enjoy
USOIL TRADE IDEASGood Evening guys;
Market open tonight and I am looking forward to see where oil will open...If you haven't read my most recent breakdown make sure you do so as it gives contexts to these two trades. It's not often I post the positions that I play on taking on trading viewing so I hope you enjoy these...We bagged around 350 pips by the end of the trading week and we look to carry it on this week. These set ups could change so make sure you are following us and use the signature down below for even more content.
Disclaimer:
This isn't financial advice and trading carries risk! Do not overleverage
USOIL MARKET OVERVIEW Good Evening guys;
Here is my opening week breakdown/overview for OIL...
As we can see from the $87 dollar region OIL reversed nicely with a large bearish gap and a rejection of the trendline. We can see that OIL has had some of the most bearish 4hr candles that we have seen in a while and this is a good sign for a deeper correction, we can also see that bulls are struggling to gain lost ground so sellers are in the market to an extent. The more organic candle development there is, the easier charts flow. We can see from the reversal area that Oil has made a gradual correction almost forming a natural channel but we can see under the most recent candles that for buyers price is in steep incline making it unstable and liable to breakouts.
OIL is caught between the two dashed orange lines and this is a choppy range where oil will either break to the upside or downside (arrows mapping the movements). Should OIL fall below the bottom orange line then it will be a quick drop to the bullish reversal zone. This bullish reversal zone is key for oils development. Should it break then we will see deep liquidity to the red line or even drop off 72.40.
In this case I see 80.40 acting a strong support area and creating a new lower high in the market attracting buyers again. OIL is still stupidly bullish which is why I have marked the "blue arrow scenario" because we can't ignore this. Tensions with Russia could cause extreme volatility within oil at any moment so I am taking less risk and keeping tighter stop losses on ALL trades.
The community has been given a road map to follow for oil and so far it's playing out nicely, upon clear rejections I will be looking to short again and then buy once support is found around 80.40.
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