Usoilsell
USOIL - XTIUSD - Short OpportunityUSOIL is unable to push higher up. It has a weak foundation as support and we can expect it to drop further down below to find a good support before continuing its long term bullish trend, if still strong.
Leave your SL above the last high for enough space to move before the breakdown below.
Crude Oil Double Top - Possible Short NOWIn my previous analysis I mentioned watch the top for a possible short, So Price action tested the top of the expanding channel, tried breaking out but failed, leaving a double top here.
It has broken down the trend line so I am executing my shorts here.
Trade Safe!
USOIL - Retest of the Uptrendline? USOIL made a good rally up after making a 1,5 year low of 42.35. How ever I expect a small drop to around the Uptrend line. If the Uptrend line won't be broken we could see another pump to the Resistance level of ~54,20.
To be updated
Usoil continue selling with falling 3 method candelstic patternUsoil crude wti continue selling pressure with falling three candel stick pattern
i hope more 200 pips sell move
USOIL - COMING BOUNCE UPUSOIL is now at another important juncture.
we are gearing for a reversal soon, so watch the
blue line fore a bounce up
SUPPORT THE MOVEMENT WITH YOUR LIKES,
COMMENTS AND FOLLOW FOR MORE
USOIL UPDATE - EXPECTED COMING MOVES - AS WE ALREADY FORECASTUSOIL HAS NOW BROKEN THE SUPPORT LINE
EXPECTING FURTHER DROP TO THE NEXT
SUPPORT LINE BEFORE WE SEE OUR NEXT
SERIOUS REVERSAL IT COULD EXTEND TO
NEXT SUPPORT LINE.
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
SEE PREVIOUS CHARTS
USOIL - ANOTHER DROP THIS WEEKi am expecting this final drop down
will it bounce or break?
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
SEE PREVIOUS CHART BELOW ALSO
USOIL UPDATE - as previously analysedUSOIL should continue its bearish drop, but be aware of the possible wave structures that could develop
see previous analysis below
like comment and follow :)
USOIL near term downside target: $67.25Short Term running flat correction looks most likely. Downside target is $67.25 to $66.17.
If it starts to play out that way, it could turn around short of that target since it's running flat. But it looks pretty flat, and so I think the target makes sense.
Next move after that would probably be to the upside, but it could keep going down depending on momentum, fundamentals, etc. Have to wait and see what happens. Cheers -
USOIL TVC Crude Oil - Short Opportunity 6%+ Drop Potential!USOIL just impulsed from a large bear flag and appears to be forming a smaller bear flag continuation for a re-entry short position to go lower. Potential bounce areas are shown in ray lines. Position is confirmed with impulsive break from flag, set your order and tight stop loss right above the flag pattern. Position is invalided if pattern forms a downward moving correction. As much as 6% or more drop potential is here.
Crude Oil possible correction to setupMy last call on Crude smashed the target well above 1,000 pips, at the moment it is almost testing its multi months channel top, however trend still is very much strong, i am looking for a linear compression to be forming at the top of the channel. Expecting a correction there so I could look for sell setups, keep eyes on this market for a possible sell swing trade.
Happy Trading.
CRUDE OIL - SELL SETUPCrude Oil - H4 - I see price at a strong supply zone and expecting a sharp drop from cmp 65.10 targets 60 and 56
USOIL - HEAD SHOULDERENTRY: 64.87// SL: 65.38// TP: 62.55
YOU CAN WAIT FOR THE SECOND SHOULDER TO BE COMPLETE BUT YOU'LL LOOSING PIPS.
" HAPPY PROFIT MY FRIENDS "
Crude Light bearish project (Daily)US OIL* NYMEX:CL1! has formed the major bearish Wolfewave.
RSI Divergence on Daily/H4/H1 along with consequently lowering volume may signify the upcoming trend change:
With the SL slightly above the recent peak and potential TPs laying much lower, the risk/profit ratio makes this sell quite an attractive opportunity.
Opened 6 lots at 49.81/49.91, SL 50.82. TP1 47.26 TP2 40.92
oil short advice its near news expected 46.5-47oil Data is near We expected more Supply then demand and its can push oil price down. From current level 48.7 or after a jump toward 49.6 then a drop toward 46.5-47
Advice to sell in range of 48.7-49.6 sl above 50.3 TP 47
US Oil Short - 150 Pips + OpportunityThe support of USOil is very poor and this can be a very good opportunity to go short on USOil until it finds it's next bottom.
Always trade on your own analysis and risk manage properly.
All the best!
USOil - 300 Pips+ Short OpportunityUSOil has broken it's support and is currently in a bearish trend. The loss may possibly continue further down until a strong support establish itself.
This is only an idea and as always invest after your own analysis as well as money manage properly!
Happy Trading!
USOIL : SIMILAR PATTERNS FOR THE DOWNTREND?Hi traders!
I rarely touch USOIL because of the nature of how it trades. In this pair, I'm usually very patient to see confirmed patterns on the daily or weekly timeframe to confirm my analysis. I think that's what I'm seeing now. USDCAD kinds of confirm it also. RSI couldn't be happier to prove us right.
USOIL SHORT
ENTRY : 49.145
SL : 49.94
TP : 47.25 & 46.28
Trade safe!
Short-Term SELL, USOIn the energy sector, we have noticed a possible speculative short on crude oil as we expect oil to depreciate by -1.60% by the next week. In our opinion, sellers might put pressure on the actual price particularly near the intermediate resistance which might limit an upside move to no more than 6.80% from the last daily closing price.
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