Usoilforecast
MTF killer zoneThis MTF Killer Zone, its drawn when yesterday or the last period closes, it so powerful .
The way I use it is buying and selling as a support and resistance zone (but its not support and resistance analysis) or at a retest when it break, and if its not touched by the price today or in the current period ... than the zone will be still valid for any time in the near future (3 to 4 days or periods in this example).
You can use it as a target if you already have an open position in the market, or using a time frame for entry and another for target.
I can send for you on request different time frame the MTFkillerzone, such as weekly and monthly also good for yearly.
I recommend to use it only major pairs, also any other financial instrument ( Commodities , indices, bonds, and equities) .
Enjoy the setup please! :)
US OIL SHORT UPDATEPlaying out to perfection...We got well into 200 pips profit at one point but pull backs are happening and have not secured any profit yet (pull backs happen with every trade). Providing a third opportunity now to enter another position.
I wanted to go into the lower time frame to show how well my levels have worked but it just makes the chart look messy.
First entry taken @ 47.72. Stop loss breakeven.
Second entry taken @ 47.33. Stop loss breakeven.
*****Third entry will be taken @ $46.72***** with my stop loss above $47.33
Let me know if you took the trade!.
Give me a follow...4 more until 100! love the support.
US OIL SHORT UPDATESo I gave the initial call around two weeks ago explaining a manipulative push upwards which we watched happen last week. I gave the short call on the wick which gave us only 4 pips draw down before swiftly moving into profit (can't ask for much better than that). After posting again I gave the zone below "47.33" as another entry point to stack another position. We have come up to tap that perfectly today which again gave us 1-2 pips drawdown before moving off. I do not see any more room for further upside movement now and I believe we will head into a bearish week. $44.00 is my first real profit taking zone (bottom of the channel).
Follow my page as I will soon look to create an educational video on how to trade USOIL to this precision. Looking to hit 100 followers soon, I appreciate all the support!.
USOIL WTICRUDE - Massively Profitable Trade!2021 is going to be your most profitable year of trading because of the economy reopening, offering major opportunities in the market. Now is the most important time to learn a consistently profitable strategy so that you are ready to take part of all the major wins that will continue to be available in the market. Please make sure to "like" and "follow" me to learn how to avoid common mistakes and losing trades, and become a consistently profitable trader.
USOIL, WTI is MOSTLY impacted by fundamentals. Key levels only serve as entry and exit points. Fundamentals will destroy chart patterns any day of the week in this specific market. We caught a really good move this morning with a buy order that we had in place.
USOIL - Wave Revision - Oil Has Not BottomedIn fact far from bottomed USOIL has much further to fall if this latest AriasWave analysis is anything to go by.
We are still working within Wave B of an unfolding Zig Zag.
The Wave B of Wave (B) of Wave B expanded below the zero point. This thing is no where near done falling into negative territory.
This new analysis further supports what is happening in other markets.
I will post an idea on the current Wave C shortly.
Please LIKE and FOLLOW to get notification of updates and future posts.
OIL 9.55% jump was expected from August high levelUSOIL
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⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Positive vaccine hope-major boost in energy demand
2️⃣ Demand driven recent upward rally
3️⃣ Break and retest happens around 40.00 ( Psychological level )
4️⃣ 44.00 Upper side resistance - Minor Key reversal area
5️⃣ Successful move out of the ranging territory
6️⃣ August high - 43.79 immediate support for bull
7️⃣ Technical support - Bull
8️⃣ 48.00 will acted as key reversal-bearish
9️⃣ June, September, October months low's forming a lower side trend line
🔟 Possible swing target-48.00 Key reversal area
*️⃣ Reverse Parabolic move-Slowing of the momentum
#️⃣ Overall trend - bullish
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📉 Technical bias-H4-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bull
Ichimoku cloud -cloud is still green -Cloud supporting the bullish trend
Bollinger band- Price reached around the upper side of the band and middle band is acting as bullish support
Relative strength index - Reached around 50 neutral area 50- Will act as support for bullish trend
MACD -Turned red and fell below the signal line ,oscillators are crossed and pointing downwards
Stochastic - Reached around 60- Oscillators are converging pointing downwards short term fall back expected
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Key reversal area's
44.00 Psychological level/Dynamic support & Resistance
43.79 August month high
48.00 Key reversal area/psychological level
41.86 October month high
4.39 September month high
43.00 Major psychological level
38.00 POC area
43.79 Support level/Possible entry- Bull
48.00 Psychological level/Alternative bearish entry
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Bullish entry #oil #usoil
Entry price - 43.80
Take profit 01 - 45.00
Take profit 02 - 46.20
Take profit 03 - 48.00
🚫 Stop lose 42.30
⬆️ 9.59% Growth expected
⤴️ Account growth 2.05: 9.59
✅ Risk reward ratio 1 : 4.7
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