USOIL - Short from resistance ✅Hello traders!
⁉️This is my analysis on USOIL.
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to go a little bit higher to fill the imbalance above and then to reject from resistance.
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Usoilshort
USOIL Oct 1 22🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
USOIL ! Daily analysis bullish or bearish ? Short rules are simple: don't force trade against terend, with a clear HL-LL structure. Then, at the red level, is sell zone. momentum is looking price fail to make a higher high, then go to entry short.
traders need to enter short at that level, as a red engulfing reversal candle appears at that point.
verify a lower timeframe for the best analysis and wait until short confirmation.
Must wait for more signals as a confirmation candle, otherwise
Long rules are simple: If you get high risk, high reward. Then wait for the break red zone, with massive bullish momentum
USOil | New perspective for the week | Follow-up detailThis is a follow-up video to my previous analysis on the USOil as we did make a minimum of 350pips in total to close last week. Oil bulls culminated in a loss during the later part of last week's trading session after a surprisingly higher U.S. inflation print for August reinforced expectations for more super-sized Federal Reserve rate hikes. Even as the selling pressure appears emphatic, the current market structure remains ambiguous.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
US OIL SHORT IDEAHello Traders!
Hope we are all having a great profitable week.
We are currently seeing on US oil that the market has been very bearish for the past couple of weeks and we have seen a clear bearish order flow consequently.
Having that in mind, we had to spot our supply zone from where we have a strong bearish order block, waiting to see the retracement stop at that point and the new impulsive leg start immediately.
So here it is on our charts and we look to take full profits at the new lower low.
Cheers!!!
Under Cover Trading!
Swing Trading Simplified!
US OIL not finish yet US OIL still has a correction of at least 30% ahead of it. According to the Elliott Wave calculations, we have seen the end of the correction of the superior 2 in April 2020.
Since then, US OIL has risen almost 20000% to the top. Those who were invested then have been able to take good profits. Unfortunately, these times are over. We saw the top at the beginning of the Ukraine war, in March 2022. Since then we are in a correction.
The wave (2) mostly builds up to the 0.618 Fibonacci, which is at $59.72 per barrel. Values to $40 and below are also possible due to the pronounced and steep wave 1.
Once the correction is extended, OIL will extend a wave (3) and surpass the current top at 125$ per barrel.
USOIL - Short from bearish orderblock ✅Hello traders!
⁉️This is my analysis on USOIL.
Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action as price took out liquidity above previous weekly high and mitigated bearish orderblock.
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USOil | New perspective for the week | Follow-up detailThis is a follow-up video on my previous analysis as a breakdown of the demand zone at the $83 area appears to be a bearish signal. In the next week, I expect to see the price move back into the $83 area where a rejection or breakout of this level might signal the direction of price action.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Critical area for OILI mentioned before if Oil break 80 we will go to 75$
What to know now !
If oil break 75 and stay below it for 1day we will visit 65 and maybe lower but 65 is first target
If oil stay above 75 for one day so we will have pull up to 80-85 area
My analysis say we still have more down side and may visit 65
USOIL is in possible sell zone!!USOIL 4h Has broken down after creating a head & shoulder on the lower timeframe. Upon new opening, the price has formed a new bearish structure and again has broken down after a liquidity grab as soon as the market opens. Currently, price retesting the previous support as resistance on the local structure and rejecting that can give us another opportunity to sell WTI after our first successful trade as soon as the market opens.
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⁉️ USOIL - Market AnalysisHello traders!
⁉️This is my analysis on USOIL .
Here we are in a bearish market structure with clear lower lows and lower highs. I expect price to reject to take out buy side liqudity and to fill the imbalances above. After that, to continue bearish price action.
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