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Usoilsignals

WTI Oil :Likely to break the range bottom eyeing 59.50 level As expected ,Stop hunts are happening either sides of the past 10 day range (61.70-66.05).Yesterday we have seen a strong stop hunts by bears around 61.90 area and price barely managed to come inside the range. Speculative sentiment index is around 80% and technically the outer rectangular range bottom around 57.40 level needs to be tested before any upside breakout. Trend : Range Signal : Sell Limit (64.10-64.40 ) , Or a Split Sell at CMP based on your R:R / Position size + Limits Stop Loss : 65.35 Target : 59.50 - 57.40 Handle .
TVC:USOILShort
by UnknownUnicorn13514545
WTI OIL Double entry Buy SignalPattern: Ascending Channel on 4H. Signal: Buy as the price just hit the 4H MA50, which has been supporting since November 03. Keep another buy ready in case the price hits the 0.618 Fibonacci retracement level (Highs and Lows since November 06 are on a progressive sequence) as the MACD is still open. Target: 48.00 (just below the 0.382 Fib extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
TVC:USOILLong
by TradingShot
5
WTI OIL Buy SignalPattern: Descending Triangle on 4H. Signal: Buy as the price rebounded on the Support making a Double Bottom event, while the MACD made a Bullish Cross. Target: 40 (right on the Lower High trend-line and the 4H MA200). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Hunchocrypto1 --------------------------------------------------------------------------------------------------------
TVC:USOILLong
by TradingShot
2
WTI OIL Buy SignalPattern: Triangle into Channel Up. Signal: Bullish as the Triangle broke, the 4H MA50 has been crossed and the 38.45 Resistance is being tested. Target: 40.10, that is roughly a +5% rise from the 4H MA50 break-out. Sinc June 16, every break-out above the 4H MA50 has resulted into at least a +5.50% rally. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
TVC:USOILLong
by TradingShot
5
OIL Pull back will create a buy opportunityPattern: Triangle on 4H within a Channel Up. Signal: Sell as long as the Triangle doesn't make a Higher High. Buy the dip afterwards. Target: 44.50 the dip buy target. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> @scheplick
TVC:USOIL
by TradingShot
1
USOIL | MY PERSPECTIVE FOR THE WEEKThe USOIL is one commodity that attracted my interest in the last couple of months as I have executed some profitable positions within this period of time hence decided to do a publication after noticing that the commodity remains on track to close the second straight week in positive figures as the price keeps bouncing off my Demand zone. Tendency: Uptrend ( Bullish ) Structure: Trendline | Supply & Demand Observation: i. The line drawn under pivot lows (beginning of the month - August 2020) emphasizes the prevailing direction of price. ii. Buying pressure appears to be building on momentum since price broke out of Key level at the beginning of the moth to make 50.0% retracement into zone with a positive signal of a possible rally written everywhere! iii. The spring of a Bullish engulfing candle from Demand zone on Friday teases me to look out for a sensitive Support level to hop in the rally in the coming week as I eye 127.2 for my target @ $45. Trading plan: BUY confirmation with a minimum potential profit of 200 pips. Risk/Reward: 1:2.5 Potential Duration: 4 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, 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 NFTI takes 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. NFT&I does 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.
TVC:USOILLong
by darcsherry
USOIL Buy SignalPattern: Channel Up. Signal: Buy when the price completes the roughly -8.00% decline from the recent top. There is an obvious declining pattern on the pull-backs within the Channel Up. Target: 44.50 (+2.20% from the most recent High, in accordance to all previous Higher Highs made). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
TVC:USOILLong
by TradingShot
16