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Usoilsell

USOIL-SELL strategyThe market is not in a convincing sell mode, and this is because ongoing crisis. This may always have surprises and that is why caution always advised. The stochastic is positive, but the MACD on weekly chart is little negative. The triangle formation provides insight which way we will go. The shape usually indicates lower levels to be seen. As long we are careful and disciplined, the strategy is still SELL @ $ 99-101 (slightly higher now) and we keep stop-loss now above $ 105. A break higher will bring 110-115 insight once again. The support is still $ 93-95 and should be monitored when broken as this opens the door towards 78-80.
TVC:USOILShort
by peterbokma
USOIL-SELL strategyThe move down is starting slowly, and we are below the cloud, which is a bearish signal. Secondly, we are within a triangle formation, and this itself does not state which way we will go, unless we break either side. The key on downside is below $ 93.00 to ignite a move to $ 75.00. The upside is protected by 103.50 area. Since we are below the cloud SELL is the way to go, and stochastic is negative. Strategy SELL $ 100-103 and place stop-loss above $ 105.00 for safety. Take profit at $ 94.25 and re-sell if below $ 93 for a few sessions.
TVC:USOILShort
by peterbokma
4
USOIL-SELL strategyNo change in view. Someone commented stating its going up again. Perhaps they are right and I am wrong, but that makes the market of course. We are still below cloud levels and the signal line of Ichimoku starts moving lower indicating there is pressure to downside. The SMA strength Indicator is weakening and also we are below 9-MA period. Since the trend overall has been downward since the peak, it means we should be continuing this trend, and that is why sell @ 102-103 was my levels for selling. Further add SELL @ 108.50 and place a stop-loss @ 111.50 for now.
TVC:USOILShort
by peterbokma
2
USOIL-SHORT strategyWe have managed to move little higher from the lows $ 95. The strategy should be changed, and take profit current $ 101-102 and start a short position is the way the pattern starts shaping up. The SMA strength indicator has a broken negative 9-MA period, and this suggest furthe consolidation and since we are on the lower end of it, it is likely we may see lower again. Fundamentals have not changed, and for that reason I felt we buy earlier @ $ 95. The regression channel has been violated, and we are below the cloud and resistance $ 111. (rounded). For now SELL @ 102-103 and add further @ 110 and place stop-loss above $ 115. we take profit at $ 83-85.
TVC:USOILShort
by peterbokma
8
Liquidity Grab Then Imbalance Fill? USOIL - Looking for price to take out the liquidity its currently building by wicking into the low before rising to fill imbalances and the gap above. 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.
FX:USOILSPOT
by ProFxAI
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USOIL as we are in a bullish market strucutre from a H4/D1 perspective, price is rejecting right now a bullish orderblock area on H4 this area could act as a valuable area of support if you will. Another reason why i think we go higher from there is because price has a lot of bearish imbalances near 120$ area that are still opened price could be magnetize there to fill the price inefficiency. What do you think ? Where we go next ?
TVC:USOILLong
by AnonimFXRO
4