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.
Usoilsell
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USOIL as we are in a bullish market strucutre on a D1/H4 market strucutre premise, price filled a bullish imbalance on h4 and rejected a bullish orderblock that should act as a valuable area of ,,support, if you will. We have strong bullish momentum, and i hope for a strong bullish closure on H4 that could sign a potential reversal.
What do you think ? Comment below..
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 ?
USOIL-SELL strategyNo change in view.
I have preference in SELL mode only @ 115-118 and sell further $ 123-125 or higher.
The overall condition is mixed, but market is slightly long at current levels, but not extreme. the danger is that we spike a little upwards on any negative news that can happen any time.
Just be careful and manage leverage for positions, and scale in in the move up.
USOIL-SELL strategyIt feels that we may see higher before down again. For that reason I prefer SELL strategy at higher levels.
For now, I suggest SELL @ 116-118 and will add again @ 126-128. It is a medium-term view and position. The daily chart is no eventful and feels ranging and upside potential. I do not wish to venture long right now.
Profit order when we get short should be $ 93-95 again.
USOIL-SELL strategyWe should be starting our SELL sooner than later I feel.
The likely hood of going beyond $ 120 is lessening, but of course we should treat it with care.
For now the strategy suggested is:
SELL @ $ 115-117 (but only a mere 10% of your desired position size).
ADD SELL @ $122-123 an other 10% of desired position size...
then we watch and review the situation. Profit order initially to be $ 95 again.
USOIL-SELL strategyThe earlier by $ 93-96 level ($94 in fact) worked out well and profit was taken at 105.00
Now am starting to look into SELL strategy, but will await further upward move of price.
I feel we should be starting our first SELL @ 117.50 and add 125 once again. All low leverages. The profit area $ 93-95 range again.
USOIL LONGS ACTIVE 📉📉📉📈 Expecting bullish price action on USOIL, as we are in a HTF bullish market strucutre, price fills all the bullish imbalances on D1 and H4, we have a h4/d1 bullish orderblock rejection + institutional figure 100$ for USOIL which is very important, we have also a lot of bearish imbalances that should be filled somewhere around 120 as price was very inefficent in that area, that area works as a magnet for the price. Fundamental Context on this asset is likely bullish, i will also attach market seasonality chart so you will understand that we are in a bullish cycle.
What do you think ? Comment below..
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as price takes out weekly low liquidity, a lot of bearish imbalances are left somewhere around 120-115 price area price should rise to fill them ASAP. As market is imbalanced
USOIL is in a huge bullish market strucutre area on a HTF.
What do you think ? Comment below..
USOIL-SELL strategyThere has been a good correction on daily chart and small on weekly chart. The weekly chart a hammer top now, and the daily chart may look bottoming slightly.
For now, will take back an other 25% @ 110.25 current... average short is @ 128.20 after the 25% was taken as well. Now a small leverage left...
strategy is SELL rally $ 115-118 and added $ 123-125 again. We still need to meet the $ 90-98 trading range to satisfy the medium-term longs.
USOIL-SELL+++No change in view.
The market condition is very long, and even though the news points to supply shortages, one can see its more speculative, is my personal view. I was unable to buy back the move lower $ 115 (low 115.52) but short is not bad around $ 118.50 (rounded) with reasonable leverage.
The strategy for today I feel we sell $ 130 above if seen. If new sell current and add $ 140 above. Profit orders 25% @ 115; 25% @ 108 and balance at $ 96 for now.
USOIL-SELL++++No change in view.
The market is getting carried away, and that is seen in the very long market conditions. That is why in all cases, I maintain low leverage to ensure I can obtain better averages and also managing the exposure.
I had stated I would be adding $ 118-120, and lucky enough we are above $ 125 and I have sold again but with a slightly higher leverage.
Strategy is ADD SELL current $ 125-127, or if new position as well. We will monitor where further sells will be placed. Right now my average is $ 115.02 SHORT but leverage is reasonable and slightly increasing due to the latest sell. Profit order 25% @ 114, 25% @ 108 and rest $ 98.75 for now.
The situation no doubt is getting worse, and we will see further developments.
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-SELL ++++No change in view.
I have added SELL $ 113.50 and will see how Monday start looks like. I will add further up and now have an average short @ $ 109.30 with low leverage.
he conditions are overbought on short-term and medium-term basis, but we understand spikes can happen, but dips as well as we have seen last week.
Strategy for new SELL at current $ 114-115.50 and add $ 118-120, but keep small leverage to protect yourself. For adding, ADD SELL $ 118-120 area (you might have added $ 113.50 as I had written on my analysis). Profit order 25% @ 107.50, 25% @ 102.50 and rest @ 95.75.
USOIL-SELL +++No change in view.
As updated I had taken back what was told etc. (see previous day analysis), and now have comfortable leverage with an average $ 108.40 now.
The strategy is still the same, we SELL again 113.50 this time to the existing short. If new short you sell current $ 110-111 and add 113.50 again after. Profit orders as follows: BUY 25% of position @ 101.50 and 25% @ $ 98.75 and rest @ 90.75 for now.
USOIL-SELL ++++No change in view.
The market condition is long, an even considering the circumstances, it is clear market has created speculative longs.
The RSI is getting to extreme levels short- and medium-term.
Strategy is to ADD $ 115 once again and increase leverage slightly. Personally am comfortable with low leverage with an average of around 104.70. For new SELL current $ 112-113 and add $ 115. we trim around $ 98.90 and again $ 93.75 for now. The balance below $ 90 for now.