Usoil sell position Break market structure in daly and break structure in h4 and we have supply zone perfect sell zone white harmonic
Usoiltrade
USOIL top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
US oil and Looking to the longside..Here is a breakdown of the current Oil Markets (Tech/Fundamental).
To understand how to accurately trade any commodity market one must be in touch with market sentiment and be able to infer from Price Charts Entry/Exits points for Traders and the Mass market.
Currently various restrictions and caps on Oil create a Demand structure and sentiment, as do other elements.. Sentiment is not entirely strong for a south side picture at this current time giving us slight longside bias...
HOWEVER the Tech side looks a little more attractive.. Staring at you are KEY PA levels and some MA's which are giving you an indication as to where you can find market value.
Remember always to utilise common sense. You have a fall. Falls have rebounds and prices do not always move in one line.
Look for semi light longs and Trade small. Take note of both LZ1 and LZ and split positions if comfortable.
USO: Rollercoaster 🎢USO got a wild ride ahead! We're expecting the course to drop further below the support line at $63 to finish the green wave 3 before rising up again to complete green wave 4. Subsequently, the trend should continue to sink into the turquoise trading zone between $52.24 and $43.83 in order to end the correction with the turquoise wave prior to heading back North and leaving the target zone.
Oil Head and shoulders projectThe price is on its way to form a head and shoulders on the hourly and daily charts, to see what will happen in the coming days.
USOIL top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USOIL Long Strategy / Flip.What has really happened?
Drawing from reserves? Pushing the price cap narrative? They are all temporary relives, just like a plaster/bondage on a wound. Chinese demand will pick up and war continues, and latest developments around south korea...
I believe the Oil Rally is far from over, and the longer the spring is tried to be controlled/held, the harder it will be released back up.
With OPEC+ Set to meet this week, and the possibility of reduction of production, intimation of South Korea, WTI prices will also be effected indirectly for sure.
I believe the strategy is pretty forward with 3 TP targets on long, and should we cut our losses and move short before longing again, 1 TP for short.
TVC:USOIL
🟢 USOIL - 4H (18.11.2022)🟢 USOIL
TF: 4H
Side: Long
SL: $79.50
TP 1: $84.30
TP 2: $86.10
TP 3: $87.56
There is a nice flag formation and RSI + MACD look reset enough to take this long position.
I think that it could go well beyond my $87.56 target. But as part of my risk management strategy, I will close at $87.56 and open another position from there if that is the case once it flips the resistance to support.
USOIL top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USOIL - Bearish market structure ✅Hello traders!
‼️ This is my analysis on GBPNZD .
Here we are bearish from H1 timeframe perspective, so I am looking for shorts. I expect price to continue bearish price action after filling the imbalance above and rejected from institutional big figure 1.95000.
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USOIL - Retracement expected ✅Hello traders!
‼️ This is my analysis on USOIL .
Here we are bullish from all timeframes perspective, so I am looking only for longs. I expect price to make a retracement to fill the imbalance below and then to reject from bullish orderblock.
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US Oil is going down as we expected... about $80Hello guys
As we said in the recommendation 4 days before it @usoil is expected to go down, and it will continue to go down... Take advantage of this opportunity
...you won't lose after knowing me
USOIL : OIL ⛽️
STOP LOSE ⛔️ : 88
TP ✅ : 82
TP 2 ✅ : 77
Good luck
A drop in the price of US OIL is expectedHello guys
I'm back to post analytics ....
usoil will witness an expected decline, because it is in an important descending trend, my analysis will be correct and we will meet in a later analysis .
You can rely on this recommendation :
USOIL : OIL ⛽️
SELL USOIL : OIL ⛽️ PRICE : 86
STOP LOSE ⛔️ : 88
TP ✅ : 82
TP 2 ✅ : 77
GOOD LUCK
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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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
US OIL Market UpdateIf you Want to Trade US OIL the right way.. Ya gonna need to know a little about how markets work.
Get the update here!
USOIL Short: Resistance & Bearish Engulfing Candle Rejection From Major Resistance
Bearish Engulfing Candle
USOIL Market FactsFor Oil Traders.. Did you know this BEFORE or AFTER the rise and fall?
Really good idea to be prepared at all times.
Watch for more!
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 Short 1 Hour TF Trade Plan: Short
1- Broke the Support Area
2- Made a new LH
ET: 80
SL: 82.62
TP1: 76.9
TP2: 74.63
USOIL ! Is this the end of the oil down ? long trade idea.Oil prices have fallen in last few weeks, but the bullish trend continues for a long term. If USOIL get shows a support at the level of 74.20 and bullish forming, I open long trade.
Why oil is still bullish ?
1. World oil production rose 790 kb/d in August to 101.3 mb/d, with a strong recovery in Libya and smaller gains from Saudi Arabia and the UAE offset by losses in Nigeria, Kazakhstan and Russia. From August through December, growth is forecast to slow, edging up by just 280 kb/d to 101.6 mb/d. In 2022, global production is forecast to rise by 4.8 mb/d, to 100.1 mb/d, and by 1.7 mb/d in 2023 to 101.8 mb/d.
2. Geo-political events
The geopolitics of oil and gas can be viewed as resulting from the balance between supply and demand, which affects the power dynamics between energy exporters and importers, energy security, and the military strength of major powers
