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Usoilshort

USO: Island Hopping 🏝 Summer is approaching slowly but surely, and some might start to arrange their next holiday. Meanwhile, USO is already heading south and has a bit of island hopping planned. The first stop should be in the green zone between $68.62 and $66.43, where USO should finish wave 3 in green – and maybe drink a cocktail or two. Then, it should draw some breath in a short countermovement to complete wave 4 in green. Afterwards, the next green island between $62.86 and $60.67 is waiting, where USO should conclude wave 5 in green, wave c in orange and wave in magenta. Following another countermovement in wave in magenta, USO should finally reach the warm beach strip between $60.18 and $43.48 to finish wave in magenta and wave (2) in yellow and to catch some rays.
AMEX:USOShort
by MarketIntel
Butterfly Complete 🦋 USOIL - Nice butterfly pattern complete above strong demand, let's see what the FOMC brings, ill be looking for an accumulation on the LTF to take this long! 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:USOILSPOTLong
by ProFxAI
USOIL - APRIL IS REVERSALWe have analyze last 12 years of USOIL data in the month of April. The data supports bulls as 8 out of 12 times the April month give bullish closing. While 4 times bears won the battle. The most important findout from the analysis is the behaviour of April. April seems to be reversal or it define top or bottom. During Covid-19 crash when the futures crude oil went to negative, April defined the bottom and we see price appreciated from there. Similarly, as highlighted on the charts with small arrows, April either defined top or prove to be a reversal point. This year 2022, The March leaves a big wick on the sellers zone and price retracted back to 30% of the month. It is also noted that the price is trading near the strong seller zone which USOIL has unable to break since Jul 2008. Have we seen the top and price will reverse from here? What do you think ?
TVC:USOIL
by JustTradeSignals
3
USOIL 102.35 -4.03 % SHORT IDEA * CONT. PTTNS & PRICE ACTION 💡HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. LOOKING AT THE USOIL * The ENERGY is currently trading in an DOWN-trend , just consolidated, tested the roof of this structure . - Short term the ENERGY is currently at the supply zone could go lower so looking for possible continuation with the bears. - Looking for SHORT entries on the THE CRUDE this week should all the rules of the formation be met. ******* CRUDE OIL INVENTORIES YESTERDAY saw an increase in the oil is actually less than expected @ 3.449 M which implies LOWER demand and the energy could react BEARISH . SHOULD WE BREAK BELOW HERE'S A POSSIBLE SCENARIO SCALLED DOWN TO AN HOURLY TF So lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:USOILShort
by PULEMokhothu
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bearish price action on USOIL as price takes out weekly lows and fills a bullish imbalance on the H4, we have a clear bullish market strucutre from a HTF premise on this chart and we should go higher somewhere around 120 price area where we have a lot of bearish imbalances. From a market seasonality stand point we are in a CLEAR BULLISH SEASONALITY meaning the price of USOIL should rise more and more, way above 130$ per barrel. What do you think ? Comment below..
TVC:USOILLong
by AnonimFXRO