Usoilprediction
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as we are in a huge bullish market strucutre from a technical perspective, look to ONLY LONG this asset. I will try to LONG it from D1 Imbalance area or 100$ institutional figure. From a fundamental perspective we are STRONG BULLISH during Ukraine - Russia conflict + market seasonality that is strongly bullish on OIL
I will switch my bias only if price will close below 90$
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.
Crude Oil - Short!Crude Oil - On Correction. TVC:USOIL FX:USOILSPOT BLACKBULL:USOIL.F FXOPEN:XTIUSD EASYMARKETS:OILUSD OANDA:WTICOUSD EIGHTCAP:USOUSD FTX:USOUSD
USOIL 4hrs chart seems bearish trend ... but short term rebound expected up to $96 range and then the price is expected to decline.
Watch for the Invalid & confirmation levels... - HOWEVER, RUSSIA / UKRAINE SITUATION WILL DRIVE THE MARKET ANY DIRECTION!!! - So Analys everything before taking a position .
USOIL MARKET OVERVIEW WTI - OVERVIEW
WTI followed analysis perfectly and tapped $90.70 which was our TP 2 region for 365 pips. WTI saw the reversal back up from here but failed to break the HL and the daily closed fairly neutral. I am somewhat bearish and bullish on WTI.
As explained previously positive Russia news and Iran entering the market will cause a mass sell off and right now we are seeing some of the most bearish price action we have seen in a while all whilst Russia invaded but price failed to break the recent highs, what does that tell you?? It's all a show, bravado and likely nothing will come of it but any FUD will allow for manipulation.
Should Negative news on Russia (FUD) or the Irian and US nuclear fall through it's likely WTI will go higher.
Economies are struggling with rising inflation and with WTI as one of the most impacted commodities society and nations are feeling the burn to the point where it is not becoming unsustainable. WTI needs to come down to counteract this damage and positive media about Russia and Iran coming back to the markets is a perfect way to do this.
Make sure you're following us and using the link down below so you can keep fully up to date with us!
USOIL still has room to climb 🚀Hi Traders,
USOIL has been developing bearish price action recently which we were expecting a drop from the upper boundary of the HTF. As we know in trading, the market changes very quickly which we need to adapt our minds to look for all possibilities and looking at the current developement in price action, we can see price moving within a decending channel with a double bottom to push the price up one more time to around 98.0 or even 100.0 range.
Whats your view on USOIL? Leave a comment below and let's talk about it.
Click the like button if you agree!
USOIL TRADE PLANWeekly, based on what I've seen, they've already managed to break out.
As a result, I want to short this between $93.47-$94.22, with a target of $84-$85.
Any rejection between $84-$85 appears to be a good entry point for a trade to $100-$107.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
Short for USOilSince the dramatic drop May 2020, USOil is in the bullish momentum. It has been in this bullish channel and whenever we touch this trendline, we got reaction. I expect further drop upcoming weeks due to agreement of US and Iran as well. However, markets did not react yesterday. I am betting on a short position, i will go for BE if we reach 88usd, also i am looking closely to USDCAD pair as well.
HTF intention with LTF execution 📉📉📉🎯 I will try to explain how do i use HTF in order with LTF.
✅ HTF - higher time frame usually those are timeframes that are higher then H4 like D1,MN1.
✅ LTF - lower time frame usually those are timeframes that are lower then H1 like M30,MAT,M5
When i take trades i wait for price to approach a HTF POI and then zoom out on LTF to find a better risk-reward entry like the photo says HTF intent LTF execution helps you to get a better risk-reward ratio and a higher probability trade, this is working on every financial asset from crypto to forex to commodities and stock market
✅ POI - POINT OF INTERES an area in the market where price have a higher probability to go bullish then bearish lets say 70/30 % probability.
Example price come into a ,,support,, area this means we have a BULLISH POI we have a better probability to go higher then lowe
US OIL MARKET BREAKDOWN Good Evening everybody and welcome to tonight's breakdown //
Just to introduce myself I am the new analyst for USOIL_SIGNALS so I hope you enjoy my charts.
OIL has been declining since kissing $93 a barrel and is currently having a steep correction compared to the last one we saw and this has been marked for you. Below 89.40 it's likely that we will see oil meet the very bottom target and a low point of 84.33. If oil doesn't break 89.40 then it should continue to the upside...Oil has been in a steep bull run with little pull backs due to the economic data which has been released. Russia will have no effect unless war breaks out or sanctions are in place as modern war is now my guns are bigger than your guns...don't get excited and jump on the media hype!
I am favouring the bottom liquidation region as my buying area as this will have provided oil will a deep correction, a major liquidity point due to the range zone and it would also complete the bottom of the higher low trendline which we haven't tested in a long time. If my bur orders are fulfilled then I will be targeting $94-97 for around 1000 pips profit.
Yours truly - B
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 Price Target for this yeari see a return to the $104 level sooner or later this year caused by the supply concerns and political tensions in Eastern Europe and the Middle East.
There is a possible disruption to European energy supplies because of Russia - Ukraine border crisis.
Crude oil prices will likely stay at the 7 year high since OPEC+ will keep the existing policy of gradual increase of production.
Looking forward to read your opinion about it.
US OIL MARKET BREAKDOWN USOIL MARKET BREAKDOWN:
We have stayed silent on oil this week and let it run it's course. Unfortunately oil is at a region where it's extremely choppy at all levels which makes trading and analysing that little bit harder.
Oil broke the bearish channel with an extreme impulse showing bulls back in control of the smaller trend. I was surprised that we didn't see larger dips or even a retest of the bullish trend but again it makes the uptrend vulnerable to a large dip. Charts should have an equilibrium about them making for organic structure which is usually what we see in oil but right now we are not. Oil is at a region now where it will push to $93 without a pullback or it will pull back first. I warned members of an inverse head and shoulders which ended up coming through.
Should OIL push to $93 without a pullback in the first instance then the drop will be large and volatile once resistance is met in this area. I am only interested in shorting from $93 region. My eyes are set on buys and these have been marked by the blue arrows.
The dashed blue lines show oil taking a dip towards a major support zone which also lines up with a hidden trendline...Should oil find support here then I will look to long.
The solid blue lines show oil taking a dip towards the last line of defence for oils bullish move to stay valid which also lines up with the clear trend...Should oil find support here then I will look to long.
Regardless oil is bullish and pullbacks are due I warned of quick movements to the upside given the bullish pressure we have seen. We took three trades on oil this week leaving us around 180-190 pips in profit.
OIL is currently in an area where I see no trade but once is meets one of my three aspects mentioned above then I will look to execute a trade. Regardless on my thoughts on pullbacks I will not be looking to short any short-mid term bearish movements.
Make sure you are following us and using the signature down below to keep up to date with us.
US Crude AnalysisBullish on the Crude
No reason to countertrend trade unless you have a tested system
that consistently provides a good RR. This 4hr candle is printing a new HH
in market structure. I anticpate 90$ before the end of the week. We have 4 more trading
sessions this week. We would like this 4hr candle to close with a top wick, so we have wicks to fill in momentum
USOIL MARKET OVERVIEW Good Evening guys;
Here is my opening week breakdown/overview for OIL...
As we can see from the $87 dollar region OIL reversed nicely with a large bearish gap and a rejection of the trendline. We can see that OIL has had some of the most bearish 4hr candles that we have seen in a while and this is a good sign for a deeper correction, we can also see that bulls are struggling to gain lost ground so sellers are in the market to an extent. The more organic candle development there is, the easier charts flow. We can see from the reversal area that Oil has made a gradual correction almost forming a natural channel but we can see under the most recent candles that for buyers price is in steep incline making it unstable and liable to breakouts.
OIL is caught between the two dashed orange lines and this is a choppy range where oil will either break to the upside or downside (arrows mapping the movements). Should OIL fall below the bottom orange line then it will be a quick drop to the bullish reversal zone. This bullish reversal zone is key for oils development. Should it break then we will see deep liquidity to the red line or even drop off 72.40.
In this case I see 80.40 acting a strong support area and creating a new lower high in the market attracting buyers again. OIL is still stupidly bullish which is why I have marked the "blue arrow scenario" because we can't ignore this. Tensions with Russia could cause extreme volatility within oil at any moment so I am taking less risk and keeping tighter stop losses on ALL trades.
The community has been given a road map to follow for oil and so far it's playing out nicely, upon clear rejections I will be looking to short again and then buy once support is found around 80.40.
MAKE SURE YOU CHECK OUT OUR SIGNATURE
USOIL MARKET BREAKDOWNWhat a day to be following us;
Lets Recap first:
One of my first posts on DEC 28th 2021 I stated oil will push from the $70 region to the $87 region, I stated when we reach that $87 dollar region that the market will reverse like it has done today. We took short from $86.68 and have bagged ourselves around 230 pips profit.
Explanation:
Due to inflation and other factors oil has been climbing nonstop for weeks upon weeks with virtually no pullbacks, the higher oil went without pull backs the more violent the drop will be. If you look back through my ideas you can quote words such as "violent drops" "liquidity" and "long wicks". All of these have been present today and almost a month of planning has come true...you can't say we don't know oil or what we are talking about.
Due to oil climbing rapidly it was only a matter of time before we saw the drop like today (I wont disclose how I knew the reversal point...that's a secret) but I will tell you how it was easily spotted. Oil climb to $86.92 where I went short and took profit before going long back up again, The fact that oil showed some nice pullbacks from this region showed institutions had sell orders around this level. Oil flashed up higher creating a fake out (all you needed to do was look at the daily candle to see where oil actually closed). When oil closed it opened back up with a very bearish market gap which had broken that extremely steep trendline, the trendline was not manageable and this move was long overdue (the bigger they are the harder they fall).
When oil came back up and closed the gap it tapped the broken trend, in doing so it had a long wick showing that the institutional sell orders were there again...this all also lined up with the 61.8 fib and a small head and shoulders pattern which developed...all these reasons were to short.
I have marked the major resistance zone which oil could pull back above temporarily but ultimately I believe it will fall below...I will look to find another short upon a pullback. This isn't oil going bearish, all it is doing is having a correction from it's bullish rampage. Ultimately I will be looking for longs at the right positions.
We did very very well today and there is nothing better than when a long awaited plan comes together. MAKE SURE YOU USE THE SIGNATURE DOWN BELOW!!!!
USOIL Future Important Zone's To Keep An Eye On.#USOIL Analysis
Million$ Trades If Traded Safely And Wisely.
Crystal Clear Zones, In Need Of Price Action + Dont Forget To Match With Your Strategy.
Like + Comments Will Be A Big Support. My Gift To All The Investors, If You Benefit Dont Forget The Support.
Disclaimer:
Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
US OIL MARKET BREAKDOWN USOIL BREAKDOWN;
OIL has been persistently bullish since 20/12/21 and has we can see on this 4hr chart there has been no pullbacks during it's rally, throughout my breakdowns a constant word has appeared (liquidity), the longer oil goes on without any pullbacks the violent the drop will be grabbing as much liquation as possible to drive it up further. Think of it like this right now is a train powered by coal, the train is constantly being fed with fuel driving it at 100mph but eventually this fuel is going to run out and the train will come to halt at platform and fuel will be loaded back up again.
Oil reached 85.47 which was marked out in the last breakdown and its another target hit, as I have stated previously oil is in a region on the charts where there is no slowing down until $87 region but again this could be smashed through due to the train analogy stated above as at this moment in time no one can be sure when the drop is coming, the only region I am comfortable shorting from is the $87 region but this would be done with caution and little risk.
The main factor driving oil right now is inflation but the tensions between Russia and the US could drive it even further. DXY plays a role in oil and a decline in the dollar can easily push oil higher as well.
Right now oil is a raging bull and its not to be messed with so it's a case of sitting and waiting for $87 before we make a decision. Realistically oil should be offering a pull back around $87 but nothing is certain at this stage.