oil Long Position RR 1:4Dear Friends
i see Usoil(WTI) in good momentum and in yellow area take a position for RR 1:4 but take care to Trace in h1 if strong Bullish Candle you saw , Save Profit in 1:3 and more
Usoillong
🐂USOILOil has been in a very strong bullish trend since the start of the war between Russia and Ukraine.
Price first gave a pennant continuation which didn't play out as well as thought.
The market has now given us a double bottom which can commonly represent a bullish continuation, and in this contact it does.
We also have the confluence of the falling wedge. We should look to long and have our Targets at the prices marked in red.
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as price takes out sell side liquidity below weekly lows 93.90. I think the strucutre will shift from bearish into bullish from there and we will see 106$ level hit asap
What do you think ? Comment below.
USOIL LongThe price is trading within the ascending triangle with a general upward trend that gives us a signal to search for buying places in the event of breaking the trend line and closing a candle above the price 100 it will be a strong confirmation to enter a buying deal, the scenario differs in the case of going down below 90
Us Oil; Where to look longOn the recent Huge US OIL fall we can identify new Long zones to take.
For the less risk averse Traders, we are at current support and light longs can be taken..
If you are more risk averse and want a more accurate spot for longs, look to Long Zone 2 for comfortable support and new longs.
USOIL UPDATE 1:9 Risk to rewardHellooooooo PIPPIN TRADERS. A trade to look out for this week. Look for setups once the low has been broken. Risk small, have a great pips week ahead.
USOIL Longs on the fallOur OILUSD Chart demonstrates a fast change in sentiment dragging a key commodity down.
We are arriving at early support. For those with accurate RM you can stagger positions.
If you are happy to wait and are more risk averse, you take LZ2 underneath.
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as price takes out liquidith below the weekly lows + rejects a bullish orderblock area on H4. We are bullish from a fundamental perspective in my opinion. The targets for this week if we have enough volatility would be somewhere around buy side liquidity area 109.000 old highs liquidity.
what do you think ? Comment below..
Butterfly Complete 🦋 USOIL - Nice butterfly pattern complete above strong demand, let's see what the FOMC brings, ill be looking for an accumulation on the LTF to take this long!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
WTI Waiting For A BreakoutA close above $108.80 would confirm the daily probable symmetrical triangle.
Minimum target: $137.00
USOIL CRUDE OIL - Multiple scenarios ⚠️ This idea is based on my technical analysis only. Do your research and trade on your own risk!
US oil will try to reach for new high Biden's new policy of releasing preserved oil could be effective if the war finishes earlier.
but it seems to be long run.
Also the monthly candle is pointing out the edge high to upperside.
This energy and circumstances will create new high for the WTI oil.
USOil LongThere is a daily doji indicating that liquidity needs to be taken at a double bottom, institutional traders will be looking to take out the SL's there for another push up following on from the news last week that the US may release their biggest amount of reserves in a while, 180 million barrels over 6 months. Price is starting to form a descending triangle that we expect to continue until we come to the end of that. We could see price break down after, in which case we'll take sells after a rejection off the support zone to make it turn resistance. Price could give a false breakout out of the descending triangle; hence we have TP's higher than the downward trendline. Squeeze Momentum Meter is showing that although price is coming down, there's not major volatility in the move so we can expect the liquidity grab to bring price back up.
R:R = 1:11
GL as always!
USOIL - APRIL IS REVERSALWe have analyze last 12 years of USOIL data in the month of April. The data supports bulls as 8 out of 12 times the April month give bullish closing. While 4 times bears won the battle.
The most important findout from the analysis is the behaviour of April.
April seems to be reversal or it define top or bottom. During Covid-19 crash when the futures crude oil went to negative, April defined the bottom and we see price appreciated from there.
Similarly, as highlighted on the charts with small arrows, April either defined top or prove to be a reversal point.
This year 2022, The March leaves a big wick on the sellers zone and price retracted back to 30% of the month. It is also noted that the price is trading near the strong seller zone which USOIL has unable to break since Jul 2008.
Have we seen the top and price will reverse from here?
What do you think ?
USOIL IS LONGMy views on USOIL is bullish heading towards the resistance line of 116.61 to retest it or break it.
Once that's broken the second resistance line will be 125.86 .
USOIL - LONGS EXPECTED THIS WEEK 📉📉📉📉 USOIL - Market Analysis for the upcoming week.
What do you think ? Comment below..
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.
USOIL 102.35 -4.03 % SHORT IDEA * CONT. PTTNS & PRICE ACTION 💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
LOOKING AT THE USOIL
* The ENERGY is currently trading in an DOWN-trend , just consolidated, tested the roof of this structure .
- Short term the ENERGY is currently at the supply zone could go lower so looking for possible continuation with the bears.
- Looking for SHORT entries on the THE CRUDE this week should all the rules of the formation be met.
******* CRUDE OIL INVENTORIES YESTERDAY saw an increase in the oil is actually less than expected @ 3.449 M which implies LOWER demand and the energy could react BEARISH .
SHOULD WE BREAK BELOW HERE'S A POSSIBLE SCENARIO SCALLED DOWN TO AN HOURLY TF
So lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bearish price action on USOIL as price takes out weekly lows and fills a bullish imbalance on the H4, we have a clear bullish market strucutre from a HTF premise on this chart and we should go higher somewhere around 120 price area where we have a lot of bearish imbalances.
From a market seasonality stand point we are in a CLEAR BULLISH SEASONALITY meaning the price of USOIL should rise more and more, way above 130$ per barrel.
What do you think ? Comment below..
USOIL long trade idea This is not financial advice. This is for only my private trade plan. If you have follow at your own risk.
Shark Complete In Nice PRZ 🦈USOIL - Nice rejection with multiple BOS on the lower TF, waiting for a pullback and this demand level to hold before potentially going long to fill the gap!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
