OIL / USOIL : SIGNAL TRADING Here we go.
OIL breakout the line and possible continue bearish.
Don't miss this opportunity.
if you have any idea, leave comment bellow, and give thumbs up.
Appreciate that.
Always Safe trade
Usoilforecast
US OIL SHORT UPDATENot even in Wednesday and we just closed 340 pips and we all made serious bags...
Oil has done exactly as stated and this are moves well called in advanced. All followers were briefed with three sell zones all of which came through to perfection. Oil is back within the consolidation zone so we closed just above our first target. Make sure you follow me for my next set up!
Confused on oil? drop me a message.
Why sub to me??
-Before my break I was top rated author for oil
-Look back to see how I called the bull and bear market
-Called the oil drop to sub $10 well in advanced
-The OILBARON is always two steps ahead of oil
Tuesday: USOIL - Week 36Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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US OIL SHORTUnfortunately the last idea I posted covering the recent moves got hidden by moderators...
Once again another oil trade called to pure perfection. I warned of a bullish move to 70.40 and even provided a long set up in this. Oil overall is very bearish now and has formed a new higher low within our down trend. I do not see oil pushing back up past 70.40 unless some major news comes out. I stated that 70.40 will be tapped and could be tapped a few times before dropping which it did. This was a key resistance area which many failed to recognised. I gave the option to long oil that had solid closures above this zone and short it upon rejection which is exactly what we did.
They key to Oil is now to keep below the green dashed line, above this and we are bullish but below we are bearish and it's that simple. We can see that price dumps from this region and it what I expect to happen now. Oil has the chance for some pull backs but my bias stays unchanged unless we get bullish candles above the stated zones.
I am targeting the black lines which is where I will scale out my profits from the swing trade we have entered. As price goes down I will move my SL accordingly and everyone that as followed me will be able to do the same.
Entered at 70.40 and now running with well over 100 pips profit.
All oil fundamentals are negative for oil.
Confused on oil? drop me a message.
Why sub to me??
-Before my break I was top rated author for oil
-Look back to see how I called the bull and bear market
-Called the oil drop to sub $10 well in advanced
-The OILBARON is always two steps ahead of oil
Friday: USOIL - Week 35Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Thursday: USOIL - Week 35Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: USOIL - Week 35Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Thursday: USOIL - Week 34Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Wednesday: USOIL - Week 34Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: USOIL 4H - Week 34Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: USOIL - Week 34Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
USOIL warned you about it 2 weeks agoHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
On August 5th I posted about a reversal in the USOIL market, and I've set different Scenarios on how the market is most likely to move.
Today we see the result of that analysis, everything I said would happen happened where the market went near the support levels and bounced back and then down again to breakout the support level and continue moving down.
Now let us talk about what is going to happen with the USOIL market, In the last 2 weeks the USOIL had a big bearish movement as the price dropped more than 14%,
it dropped from 73.36 and today it's trading around 62.99.
It's a big Bearish movement that we had clear signs that it was gonna happen from divergences, Support & Resistance levels, and Candlestick pattern.
in the next period of time we have 2 scenarios of how the market price could be moving :
Scenario 1 :
The market price is now trending near the Support zone from 62.62 - 61.56 by reaching that area we gonna witness a battle between the Bears and the Bulls over control over the market, If the Bears were able to hold control then the price will breakout that zone and will be now on its way to hit the support line at 60.45.
Scenario 2 :
The market price is trending near the Support zone from 62.62 - 61.56, The Bulls will have the chance to show power over the Bears, they will need to gain control over the market and make the price bounce back up, if the Bulls were able to do that then the price will bounce from that support zone and will be headed near the first resistance line at 64.75 where the bulls will have to test the Bears power for any hope to bring the price back up.
Technical indicators showing :
1) The market price is below the 5 10 20 50 100 MA and EMA but still above the 200 MA & EMA. That means that the Moving Averages are giving a strong sell signal.
2) Stoch reached the oversold zone, with a negative crossover between %K (3.90) and %D (4.88)
3) The MACD is under the zero line showing that the market is still in a Bearish state, with a negative crossover between the MACD line and the Signal line.
Support & Resistance points :
support Resistance
1) 62.62 1) 64.75
2) 61.56 2) 66.10
3) 60.45 3) 69.48
Fundamental point of view :
Oil prices steadied on Friday, clambering away from three-month lows, but they were still on track for a weekly loss of more than 5% as new lockdowns in countries facing surging cases of the COVID-19 Delta variant dampened the outlook for fuel demand.
Broader investor risk aversion also weighed on oil with the U.S. dollar jumping to a nine-month high on signs the U.S. Federal Reserve is considering reducing stimulus this year.
"The spread of the Delta variant amid moderating economic growth and the prospects of tighter monetary policy are creating short-term ripples in the commodity market," ANZ commodity analysts said in a note.
"Increasing restrictions on mobility are raising concerns for oil demand." According to Reuters
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
USOIL - trend reversal? 😲The oil situation in the world is very tense at the moment. Fears of another wave of coronavirus are keeping demand globally down.
This can be clearly seen on the chart and we can say tacitly that the trend has reversed. The price has broken the trend line and has now broken the support at $65. It is very likely that oil will go lower to the marked area. Sell on a retest of the $65 level!
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Wednesday: USOIL - Week 32Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: USOIL - Week 32Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
USOIL Daily analysis, Bearish Reversal possibilityHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The WTI/USD is giving a lot of bearish signs for the next few days movement and has dropped from the 73.81 range and reached 68.16 yesterday, the price has crossed the support line at 70.36 and closed below it which turned that support line into a resistance line now, and that the price of the market is looking bearish for the time being.
A trade through 69.19 will signal a resumption of the downtrend. A move through 74.23 will change the main trend to up.
A 3 Black Crow pattern has appeared on the daily chart which usually indicates a bearish reversal.
So we might be seeing 2 Scenarios before this week ends :
Scenario 1 :
The price will drop even more and hit the support line at 66.15, and a battle will happen between the Bears and the Bulls and the Bulls will try to get that control back.
if the Bulls were able to get control over the market then we should be seeing the price bouncing back up to 70.36.
Scenario 2 :
Just like in scenario 1 the price will drop and hit 66.15, but the outcome here will be in favor of the bears and the bulls will not be able to gain control over the market until the price reaches another support line.
If the Bears were able to hold control then we could be seeing the price dropping even more and could be headed for the 61.68 range where the support line will be waiting to be tested.
Technical indicators confirming this bearish movement as we see that :
1) The market price is below the 5 10 20 and 50 MA and EMA (Bullish sign), but still above the 100 and 200 so for the long-term trend we could still see the market Bullish.
2) The MACD crossed the zero line showing the change of the market to a Bullish state, with a negative crossover between the MACD line and the signal line (sell signal)
3) The STOCH is in a Bearish state with a negative crossover between %K and %D, a divergence has been found between the Market price and the Indicator which could indicate a reversal
Support & Resistance points :
support Resistance
1) 69.27 1) 71.99
2) 67.97 2) 73.41
3) 66.55 3) 74.71
Fundamental point of view :
U.S. West Texas Intermediate crude oil futures are trading lower on Wednesday as growing concerns over potential demand destruction in the United States and China, due to the spread of the coronavirus Delta variant, offset potentially bullish geopolitical developments in the Middle East and another draw in domestic oil inventories.
According to the American Petroleum Institute (API), U.S. crude inventories fell by 879,000 barrels for the week ended July 30. Gasoline inventories fell by 5.8 million barrels and distillate stocks fell by 717,000 barrels, the data showed.
Official Energy Information Administration numbers are due later on Wednesday at 14:30 GMT. Traders are looking for a draw of 3.2 million barrels. According to FXEmpire
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
Wednesday: USOIL - Week 30Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: USOIL - Week 30Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Friday: USOIL - Week 29Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Thursday: USOIL - Week 29Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.