Get started

Usoilforecast

USOIL ANALYSISHello Fellow Traders, Here is a Full Analysis on USOIL. The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some Rejection / Confirmation / Direction 2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of structure Aka Support Or Resistance) 3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND ) 4.Always Use Risk Management (Risk 1% of your capital) 5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6.Trade at own risk. 7.Show some support Below ( Like , Comment , Follow & share ) Let Me know if you have any Questions or Comments Below Happy Trading & Goodluck! See You in the next Analysis! Global Fx Education
TVC:USOILShort
by Global_Fx
Oil Hedge Buy OrderOil Long Position Entry: $53.07 TP & RR: $54.12 (2.49) Stop Loss: $52.76 REASONS FOR THE TRADE If you followed my trade idea from yesterday, then you should have an open short position at $53.55. I was expecting a lower high, but instead, the price formed a double top. Our SL wasn't hit. Anyway, I believe a new uptrend channel has formed and in order to secure your profits from the short yesterday, I suggest moving your Stop Loss as well as considering a hedge long position. Should this trade idea prove valid, you will be piggybacking on the small uptrend until we reach the upper channel. If it turns out to be invalid, then part of your short order will cover the losses for this long. Stop Loss is under the lower trendline and the target is set at the upper one.
TVC:USOILLong
by Quant_
US OILCalled this lovely long last week. I stated a drop in oil would come back towards $47 as this was major support and once this had happened we would carry on towards $50 which we have done perfectly. I am bearish on oil for the start of this year due to the continuation of COVID. I could see oil picking up in Q2/Q3. I believe oil will start ranging for a while between $47.70 and $50.50 with spike into $51.50 before reversing back down to low 40s even touching high 30s. My trades usually take around 7 days to come through as I don't aim for 10 pip trades, I aim for high profitability...320 pips caught in a day! No mess on the charts. Plain, simple and effective. Of course I don't get every trade right that's why I post everything with nothing to hide...you can look back and see BTC did nothing in accordance with my analysis. It's important traders show the full picture to avoid toxicity and false presentation to new comers.
TVC:USOIL
by XHRISTIE