Oil New Analysis And Free 400 Pips HereThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Usoillong
OIL MARKET BREAKDOWNOIL MARKET BREAKDOWN VOL.1
Good evening everyone...I hope you all enjoyed the 800 pips provided because we certainly did. Here is my breakdown on oil...it's around 10 mins long but there are a few gems hidden throughout. This our new page from XHRISTIE and it's dedicated to EVERYTHING oil. FOLLOW us for great oil analysis and trade set ups!
I am bearish overall in OIL and it is well due a market crash!
Leave a comment or send us DM with what you think...we love your support and feedback.
US OIL LONGNEW ACCOUNT
All commodities from XHRISTIE will now be posted on this account. Most of the direct messages, follows and rep come from my oil trades so this will be my mine focus for you all. I will still be continuing FX and crypto on the XHRISTIE account.
On this account I will be doing the following :
-Providing my full analysis on oil rather than just the set up.
-Weekly market breakdowns of oil.
-Swing, scalp, interday and intraday trades.
-Trading psychology .
- 1 to 1 help with anyone that wants it.
So far on oil we have generated close to 700 pips in four days!!!
By using my extremely small risk to large reward strategy without risking more than 5% of the account per trade, I have grown the account by over 120%...This is huge! get following this account for pure dedicated oil analysis!
Oil is very parabolic and extremely bullish and it will continue to $71-$71.50...From this zone I believe we will see a huge reversal back down below $60. I will only look to scalp short positions until we hit that region, once this region is hit I will be taking a swing short.
WHY SHORT?
-No more TRUMP (was pro oil ).
-Biden is pro green (wants a fleet of electric cars for the white house).
-Huge over supply left over from covid-19.
-When the world resumes to some form or normality oil production will increase so the price will get pushed down.
-No significant pull backs since $34 so it is well over-due
US OIL LONGSo we caught an outrageous amount of pips on our oil short and we are now gathering serious momentum on our OIL long which was 4 pips away from SL!!. We are 600pips up on our trades combined.
Oil is very parabolic and extremely bullish and it will continue to $71-$71.50...From this zone I believe we will see a huge reversal back down below $60. I will only look to scalp short positions until we hit that region, once this region is hit I will be taking a swing short.
WHY SHORT?
-No more TRUMP (was pro oil).
-Biden is pro green (wants a fleet of electric cars for the white house).
-Huge over supply left over from covid-19.
-When the world resumes to some form or normality oil production will increase so the price will get pushed down.
-No significant pull backs since $34 so it is well over-due
USOIL New Setup And Analysis 400 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
US OIL LONGLooking for oil to make a pull back upwards before we see the actual downtrend commence. We can see on the daily and most time frames that the trend is shifting. This long is risky as oil as the potential to did into the 57.80 region, for those that were messaging me knew my overall bias was short but I have been in the long trades.
There are two scenarios from here.
S1
Oil is bullish until $56 a barrel is broken, until this region is broken we have the potential to see $64-65 a barrel. If this is the case I will keep up to date with long trades.
S2
Oil rejects the $60.60 - 60.80 region and we see the decline. If we pull to this region it would form a H and S pattern. But I would like to see $61.20 spiked in this case. This would wipe out stops.
Could We See the US/OIL Reaching the 63.32 Level ? 👀👀👀💡 Trade Idea
📈 Buy Limit USOIL @ 60.92
🎯 Target Profit 63.32
🛑 Stop Loss 59.73
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within an ascending channel by posting higher highs and lows. Price managed to break the daily resistance (new support) @ 60.95. We expect a re-test of the new support where we have the 38.2 % Fibonacci level retracement. From this level, most probably we will see a move upward to the 63.32 mark.
USOIL Update +140 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USOIL New Analysis And 2 Trades Here This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USOIL 59.80 - 0.52 % LONG IDEA * PRICE ACTION CONTINUATION PTTNSHEY EVERYONE
Here's a look at USOIL from the 4h chart with some emphasis from higher time-frames, hope everyone is having a great one in the markets this week and a good one.
looking at USOIL from the monthly & weekly chart the pair just broke out of a descending channel looking for a continuation of this move as the momentum with the bulls is very strong.
Coming to the 4H we've been in a beautiful strong uptrend that is not showing any signs of slowing down hitting those impulse and correction moves with the bulls targeting level 66.45 looking for longs in the pair.
lets see how it goes
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Could We See the USOIL Around the 54.90 or 55.90 Level ? 🚀🚀🚀Although the pandemic is still spreading around and most of the economies are shut down the USOIL is still rallying without any fundamental explanation.
Technically, if we look at the graph, the black gold is respecting the Elliott Wave Structure by accomplishing the first four waves. Currently, We are in the fifth wave, where we expect the price to rally again towards the two next targets 54.90 & 55.90 levels.
💡 Trade Idea
📈 Buy Limit USOIL @ 53.80
🎯 Target Profit 1 54.90
🎯 Target Profit 2 55.90
🛑 Stop Loss 53.25
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️