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Usoilforecast

USOIL ::: BEARISH: : : H I G H R I S K T R A D E ::: DATE: 16 SEP 2020 INSTRUMENT: USOIL TIME FRAME: DAY INDICATORS: PSAR: BULLISH CMP: 39.22 SELL: 39.22 SL: 40.30 TGT 01: 38.33 TGT 02: 35.89 RISK DISCLOSURE Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Trade with risk capital only. The past performance of any trading strategy or methodology is not necessarily indicative of future results. Past performance is no guarantee of future results and should not be interpreted as a forecast of future performance. We make no promise as to the performance of the account and while the investment objective is major capital appreciation over time no representation is being made or implied that any account will or is likely to achieve profit. The value of your investments can decrease as well as increase and, as such, funds invested should constitute risk capital. The risk of loss in trading commodities and options can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. You should carefully consider whether your financial condition permits you to participate in futures trading. In so doing, you should be aware that futures and options trading can quickly lead to large losses as well as gains. Such trading losses can sharply reduce the value of your investment. All information provided on these pages is for fair use. Normal copyright protections apply to all commercial use of any documents or information. Economicnerd is not responsible for any loss due to inaccuracies in the information provided. Nothing presented here should be construed as investment advice or recommendations.
TVC:USOILShort
by ajithchand-bhandaari
1
USOIL | MY PERSPECTIVE FOR THE WEEKThe USOIL is one commodity that attracted my interest in the last couple of months as I have executed some profitable positions within this period of time hence decided to do a publication after noticing that the commodity remains on track to close the second straight week in positive figures as the price keeps bouncing off my Demand zone. Tendency: Uptrend ( Bullish ) Structure: Trendline | Supply & Demand Observation: i. The line drawn under pivot lows (beginning of the month - August 2020) emphasizes the prevailing direction of price. ii. Buying pressure appears to be building on momentum since price broke out of Key level at the beginning of the moth to make 50.0% retracement into zone with a positive signal of a possible rally written everywhere! iii. The spring of a Bullish engulfing candle from Demand zone on Friday teases me to look out for a sensitive Support level to hop in the rally in the coming week as I eye 127.2 for my target @ $45. Trading plan: BUY confirmation with a minimum potential profit of 200 pips. Risk/Reward: 1:2.5 Potential Duration: 4 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and NFTI takes no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment. NFT&I does not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
TVC:USOILLong
by darcsherry