Get started

Usoillong

USOIL 61.19 - 1.94 * PRICE ACTION & STRUCTURE CONT. PTTNSHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE CRUDE/ USOIL . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
TVC:USOILShort
by PULEMokhothu
USOIL 61.34 - 1.68 % * OVERALL VIEW PRICE ACTION & DIRECTIONHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE USOIL FROM A MONTHLY CHART TO DETERMINE OVERALL VIEW ON THE ENERGY AND POSSIBLE DIRECTION LONG TERM. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
TVC:USOIL
by PULEMokhothu
USOIL bounce at the 0.618 🦐USOIL after the recent high started a retracement move until the weekly support at the 59 area over the 0.618 Fibonacci level. The market attempts to break below a few times and consolidate before starting a new impulse. According to Plancton's strategy if the price will break above and the conditions will be satisfied we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TVC:USOILLong
by InkyGrip
22
What Is Going To Happen Long-term With The Stock Market?1: DAX: Looking at the weekly, you can clearly see what DAX has done. It doesn't take an EW expert to see that we just finished wave 4. Wave 3 ended at 13.362 (1.618) fib, which means this correction is a wave 4 correction. Our rule 1 was: If it broke Wave 1 which was at 8122 the wave structure would have been invalidated. But since it didn't, we are looking at wave 5 up to 17k DAX. 2. USOIL: The commodity, have been on a massive selloff the past weeks. Looking at the bigger picture we see that US OIL just finished it wave (E) formation down, which indicates that the selloff is done. Since we have finished this descending wedge pattern, it should now retrace and to atleast 40 usd and breakout of this wedge, meaning it would go above 100 USD in longterm. 3: VIX . VIX is at a really high spot right, while its nearly impossible to do EW count on vix, we can use other indicators such as RSI and CCI. RSI at the same levels as the peak of 2008. Also we have the CCI at 400 levels such as 2008. Which indicates that we are very likely to see a decrease in the selloff. 4: IWM. Which looks at the small-cap sector in the US, indicates that the selloff is an major ABC correction. We are currently undergoing the last C wave down and we are paying very close attention to the 1.618 fib at 93.08 USD. In extreme cases wave C can go for the 1.618 and coupled with the extreme pandemic and fear in the markets, I see why we went that far. in addition the selloff already went past the 0.5 fib, which is likely for C waves. So what is there to come? I think its very likely we will see a bounce coming in the next week or two. I dont think that we will sell off further. I expect 220 SPY to hold. Also in correlation with DAX we see that DAX will push up for a wave 5 to 17k. And since the market are in correlation with each other, we can correlate it with SPY. Spy will likely do a B wave up to 3100, while DAX at the same time push up to 17k. That is gonna be a very important level to look at, as we may expect a C wave down to 200 SPY there.
OANDA:SPX500USDLong
by LukeSkywalker
1
USOIL - Buy Entry - H4 ChartUSOIL - Buy Entry - H4 Chart Buy @ Current Market Price Stop Loss @ 57.219 Take Profit @ 62.056 Risk/Reward Ratio 1 : 1.7 Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 DISCLAIMER 🔺 The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
TVC:USOILLong
by UnknownUnicorn5418842
2
US OIL LONGGood Morning another beautiful start to the trading week for the Barons! Oil has followed my analysis perfectly from the call to 61.70 to drop all the way back down to 60.00. This was all covered in the market breakdown...I would like to see price closing back above 60.30 to provide us with more of a potential to push higher from here...It pays to be a baron! ;) Come and follow the link down below!! 3 trades - 2 taken profit and 1 in profit! Trade 1 - 70 pips. Trade 2 - 50 pips. Trade 3 - running 20 pips profit.
TVC:USOILLong
by UnknownUnicorn18340320
9