USOIL Short ZoneDon't forget to Click on the follow button for more Daily Detailed Analysis. Please do ask any questions in the comments section should you have them!
Here we have our USOIL chart.
On the recent rally to new highs we are seeing some price rejection. After the first stage of a downmove we are seeing an intraday setup to the short side.
This is denoted by the Candle wicks forming and a move to a key resistance zone forming our short bias. Note this is an INTRADAY trade and is short term. News sentiment awaits.
Use Eclipse symbol for exit.
Usoilshort
Nice Potential Wyckoff USOIL - Nice Schematic almost complete, i've entered this trade early just in case we don't get a pullback to the imbalance below which would be my ideal entry, (If we do im happy to take the DD/buy in again as long as we get the LTF confirmation and the structure doesn't break).
I'm trading with the HTF bullish PA and structure, we have many confluences to go long here.
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.
BOS - BREAK OF STRUCUTRE ✅✅✅🎯 WHAT IS BOS ?
BOS - break of strucuture. I will use market strucutre bullish or bearish to understand if the institutions are buying or selling a financial asset.
To spot a bullish/bearish market strucutre we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market strucuture we should see bullish price action above the last old high in the strucutre this is the BOS.
🎯 BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move
Kindly see attached photos
HTF intention with LTF execution 📉📉📉🎯 I will try to explain how do i use HTF in order with LTF.
✅ HTF - higher time frame usually those are timeframes that are higher then H4 like D1,MN1.
✅ LTF - lower time frame usually those are timeframes that are lower then H1 like M30,MAT,M5
When i take trades i wait for price to approach a HTF POI and then zoom out on LTF to find a better risk-reward entry like the photo says HTF intent LTF execution helps you to get a better risk-reward ratio and a higher probability trade, this is working on every financial asset from crypto to forex to commodities and stock market
✅ POI - POINT OF INTERES an area in the market where price have a higher probability to go bullish then bearish lets say 70/30 % probability.
Example price come into a ,,support,, area this means we have a BULLISH POI we have a better probability to go higher then lowe
US OIL MARKET BREAKDOWN Good Evening everybody and welcome to tonight's breakdown //
Just to introduce myself I am the new analyst for USOIL_SIGNALS so I hope you enjoy my charts.
OIL has been declining since kissing $93 a barrel and is currently having a steep correction compared to the last one we saw and this has been marked for you. Below 89.40 it's likely that we will see oil meet the very bottom target and a low point of 84.33. If oil doesn't break 89.40 then it should continue to the upside...Oil has been in a steep bull run with little pull backs due to the economic data which has been released. Russia will have no effect unless war breaks out or sanctions are in place as modern war is now my guns are bigger than your guns...don't get excited and jump on the media hype!
I am favouring the bottom liquidation region as my buying area as this will have provided oil will a deep correction, a major liquidity point due to the range zone and it would also complete the bottom of the higher low trendline which we haven't tested in a long time. If my bur orders are fulfilled then I will be targeting $94-97 for around 1000 pips profit.
Yours truly - B
US OIL MARKET BREAKDOWN Happy weekend traders;
Lets get into oil...
OIL pushed towards the 92.50 zone which was marked on the last breakdown, we didn't take a long in the market because we were stuck in a ranged area and as we know we can break either way in a range area. OIL is pushing up inline with inflation and again has broken the trend. judging by the candles shown oil will have a normal pullback from this region and I aim to take the long should the appropriate set up come through.
There is nothing new with oil and it is respecting all projections stated in the breakdowns.
US OIL MARKET BREAKDOWN Good Evening traders;
First of all make sure you are following the signature at the bottom of this idea...150 pips profit secured today.
Now lets get into it;
Oil had some slight pullbacks but ultimately we closed bullish...I never say never but 80.20 is highly unlikely at this level so 84.50-30 now becomes my region of interest for a swing buy. This level is still possible as should any of the current structure give way then the old structure lies below at the stated zone. PLEASE DO NOT THINK I AM BEARISH...I HAVE BEEN CALLING $90+ SINCE DEC 21 BUT I AM MERELY SHOWING THE POSSIBILTIES OF PULLBACKS BEFORE THAT REGION COMES THROUGH.
If OIL starts pushing any higher into the $90s before a retest of $84.50-30 then it will do so quickly and with volatility. Ultimately I am waiting on a manipulative drop to buy oil but I need to sit on my hands and wait for this. My bias hasn't changed and I have marked my next regions of interest. The longer oil goes on without a proper correction (Lots of untested regions of support) the harder it will fall when it does...this is why I am waiting for the drop first.
Oil reacted perfectly with all given zones today.
OIL SHORT TARGET.For More Daily Detailed Analysis, Don't forget to click on the Follow button. Also, if you have any Questions, Please do ask them!
Here we have the WEEKLY OIL chart..
We have recently seen a clear MM stop as bigger short positions enter the market above the previous high..
Risk management and patience are needed when trading STRONG market sentiment moves..
Look for a LONGER TERM exit at the eclipse symbol area. Trade the move in stages if preferable.
Short then Long (Entered this scalp earlier) Currently short on OIL and looking to take it towards the S/D zone or channel bottom, before then I'll look for reversals.
This is a retracement, price is still very bullish on higher TF's and fundamentals.
* 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.
US OIL MARKET BREAKDOWN Hello traders and welcome to our opening week breakdown...Lets cover oil in all its glory.
After Tuesday oil broke away from it's bearish correction before reaching it's target zone...I stated we must stay open to this idea and that oil could do this although it's in need of a pullback. As oil pushed higher during the week we have another bullish weekly candle and we can expect price to go higher but until there is a clear break above 87.97 then I would be open to the possibilities of those pull backs first. We had two daily DOJI candle's showing indecision at a crucial zone so price will get interesting from here.
Please don't think I am being ignorant to the bullish move as I stated oil would have a very bullish Q1 and Q2 expecting price to breach into the $90 region so we are still inline with the overall analysis. As stated before Oil will need some serious momentum and drive to breach this $87.97 region...this breach will either come from technical or fundamental data. If the breach comes from fundamental data (news, data, inflation etc) then the move will be large and parabolic but should the move come from technical data then we need to open to ideas of pull backs to obtain liquidity. The longer oil goes without a significant pull back the more volatile the drop will be when it does come.
We can see that oil has met a ranging region which it needs to break from either way...the candles show downside but Between 84.64 - 87.97 the areas are very choppy so we can't rely on candle data alone. Confirmation is needed but likely when the move comes it will be fast.
I am looking to long oil from SIGNIFICANT PULL BACKS ONLY (MANIPULATION). Set ups are available by following the signature.
US OIL intraday..For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
Looking at our USOIL charts again, we can see the recent Rally has continued on the Rebound of Global indexes. This positive market sentiment is taking us back up to short zones.
We are far off our Moving averages on this large move up.
We can now RE short at these areas and trade small. We are looking for short term gains off the top and exiting at the eclipse symbol area at Comfortable early support.
Remember to trade carefully and small on OIL in the current climate.
WEEKLY HIGH vs WEEKLY LOW ✅I tried to show you in this example how i use weekly high / weekly low to spot intra-week reversals bearish or bullish.
Just look for a drop below previous weekly low and a bullish confirmation - intra week bullish reversal
Look for a rise above previous weekly high and a bearish confirmation - intra week bearish reversal
Plain and simple, have a great trading week. ✅✅✅
OIL with an UPDATED Longer term Picture.Here we have our US OIL chart again..
If you have seen my analysis before, you will have heard us call oil short repeatedly, expecting a MM stop.
An MM stop is an area where price beats the last high or low slightly and causes stops to be hit. This is because MM's like to get their orders in at a good price due to their size.
Great sentiment drove oil up in a large rally. Sentiment swaps and we see FALLS. That is how markets work.
This target is Weekly and may take longer, but we are looking at the eclipse symbol area for an exit. Remember, you can exit on the way down as it is much more preferable.