Usoilshort
USOIL 61.19 - 1.94 * PRICE ACTION & STRUCTURE CONT. PTTNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE CRUDE/ USOIL .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
USOIL 61.34 - 1.68 % * OVERALL VIEW PRICE ACTION & DIRECTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE USOIL FROM A MONTHLY CHART TO DETERMINE OVERALL VIEW ON THE ENERGY AND POSSIBLE DIRECTION LONG TERM.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
What does the supply and demand market do with oil?If it reacts to the trend line and the price of 65.50 and the price can not cross it, we can be 70 sellers with a stop price. But at the moment, with the support of the specified area, selling is not logical.
$USOIL - Bearish setupI'd suggest a bearish view, the price is currently trading at dynamic resistance level, we still have a demand zone that price hasn't visited yet. Technical indicators are bearish on weekly, so going short could offer a good reward at low risk.
Ifter that will aim for longer term target at $73
USOIL trade update idea........
when breakout this pattern then oil goes down 55.74 and 53.87 level.
Dear Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
USOIL - Bear Pennant PatternUSOIL is currently in a bear pennant pattern. Will it continue this bearish trend? This is an excellent short entry point because you can create a tight stop loss.
See chart for target and risk/reward ratio!
Use trend lines to set alerts. If the bulls breach the resistance trend line, then close your short position
USOIL 59.04 - 0.5% SHORT IDEA * STRUCTURE & TECHNICAL ANALYSISHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE NASDAQ INDEX.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
some rules on exits & entries hope they help.
1. look at structure be it descending channels, pennants and so forth basically price action whats price doing.
2. If you use indicator determine does it align with your play e.g is it overbought/oversold where there market is it in a pull back to structure or continuing does price alighn with your indicator.
3. entries from 30M , 1H, 2H & 4H time-frames the higher the time-frame the more likely it will end up swing or long term.
4. aggressive trades can be executed on the pull back / or at ranges of structure that's when you are a scalper or your trade are Intra - day based
5. price action must definitely align with the plan.'
6. structure definitely
7. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S .
9. CANDLE STICK PATTERNS.
That's basically entry & exits plan basic guide lines
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Oil is still moving downAs shown in the chart Oil is about to break out from the triangle, I would wait for the triangle's breakout to confirm my position. but overall you can see that the chart is forming a bigger triangle since the beginning of March.
USOIL Oil prices fell on Monday after last week's Opec-plus decision to increase production gradually, but Opec-plus delegates and analysts did not seem to be too concerned. USOIL is forming head and shoulders pattern on a daily basis. Our target is 51.50.
