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..
Usoiltrade
USOIl - 4h - Long or Short - Ready to engage Short scenario
General
Currently we are below the Weekly open which is in confluence with the HTF range 50% (untested though). The orange level is a weekly s/r level. If price manages to break under the green s/r level (level 1). I expect a move down to the 50% fib level of the recent range. Maybe lower. But given the current situation and that we are generally in an uptrend its better to be careful with shorts.
Fundamentals
-
Plan (Blue arrow)
Target
50% Fib level of the current range
Requirements
- Break under the green s/r level (level 1)
- No break followed by a retake of level 1
- Break of level 2 (blue line)
Invalidation / SL
- Price moves back above level 1 after breaking
- SL slightly above level 1
Time duration
Days, weeks, months, years... ;)
Long scenario
General
If prices should manage to get above the weekly open i am looking for longs.
Fundamentals
-
Plan (Orange arrow)
Target
HTF s/r level
Requirements
- Prices moves above weekly open
- Price move above recent deviation (green circle)
Invalidation / SL
- Weekly open fails to support price after a retake
- SL slightly under the orange s/r level
Time duration
Days, weeks, months, years... ;)
Additional
I linked to another USOil Idea with a different time frame. They dont exclude / invalidate each other. if they occur / develop.
Good luck
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USOIL as we are in a bullish market strucutre on a D1/H4 market strucutre premise, price filled a bullish imbalance on h4 and rejected a bullish orderblock that should act as a valuable area of ,,support, if you will. We have strong bullish momentum, and i hope for a strong bullish closure on H4 that could sign a potential reversal.
What do you think ? Comment below..
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USOIL as we are in a bullish market strucutre from a H4/D1 perspective, price is rejecting right now a bullish orderblock area on H4 this area could act as a valuable area of support if you will. Another reason why i think we go higher from there is because price has a lot of bearish imbalances near 120$ area that are still opened price could be magnetize there to fill the price inefficiency.
What do you think ? Where we go next ?
USOIL LONGS INTO 124 📉📉📉📉 Expecting bullish price action on USOIL, as price is still bullish on H4/D1 TIMEFRAME, today price made a retracement back into bullish orderblock on h4 108 price area. Next week's target is around 124 where usoil should fill all the bearish imbalances.
What do you think about this chart? Do you agree ?
USOIL LONGS ACTIVE 📉📉📉📈 Expecting bullish price action on USOIL, as we are in a HTF bullish market strucutre, price fills all the bullish imbalances on D1 and H4, we have a h4/d1 bullish orderblock rejection + institutional figure 100$ for USOIL which is very important, we have also a lot of bearish imbalances that should be filled somewhere around 120 as price was very inefficent in that area, that area works as a magnet for the price. Fundamental Context on this asset is likely bullish, i will also attach market seasonality chart so you will understand that we are in a bullish cycle.
What do you think ? Comment below..
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as price takes out weekly low liquidity, a lot of bearish imbalances are left somewhere around 120-115 price area price should rise to fill them ASAP. As market is imbalanced
USOIL is in a huge bullish market strucutre area on a HTF.
What do you think ? Comment below..
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as we are in a huge bullish market strucutre from a technical perspective, look to ONLY LONG this asset. I will try to LONG it from D1 Imbalance area or 100$ institutional figure. From a fundamental perspective we are STRONG BULLISH during Ukraine - Russia conflict + market seasonality that is strongly bullish on OIL
I will switch my bias only if price will close below 90$
What do you think ? Comment below..
USOIL top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 TRADE PLANWeekly, based on what I've seen, they've already managed to break out.
As a result, I want to short this between $93.47-$94.22, with a target of $84-$85.
Any rejection between $84-$85 appears to be a good entry point for a trade to $100-$107.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
US OIL Long zoneDon't forget to Click on the Follow Button for More Daily Detailed Analysis. Also, if you have any questions, Please do ask them in the comments Section.
Current Global market sentiment is still moving Oil prices up on fears of supply. This market sentiment can change at any moment, but we must trade safely in order to be consistently profitable as a Trader.
After seeing price rejection and a small sustained move south towards Daily Support, we can use this dip as a zone to take some intraday gains.
This is helpful for those who currently holding shorts and have seen a rise in price. Look to exit at previous resistance towards highs.
OIL intraday Long..Press the Follow Button to get More of my Daily Detailed Analysis. Also, if you do have any questions, please ask them in the comments section..
US OIL has arrived at some intraday support for Long Trades. This is ideal if you have previously been short OR are still holding shorts. These areas are ideal to take Alternate gains.
Long Term we are still looking to accumulate Trades on the Short side before Market sentiment changes.
Look to exit towards highs at KEY resistance that is newly formed.
Oil Possible Top?We've been tracking a count on US Oil and it looks like the intermediate top is in for wave 1, if that's the case we can set up for a nice short trade for the wave 2 coming down to the 75-80 dollars range. If you do want to make this trade we'd suggest putting your stop at 92 dollars with a take profit at 80 giving a very healthy 1:5 risk to reward opportunity.
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
USOIL top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 Price Target for this yeari see a return to the $104 level sooner or later this year caused by the supply concerns and political tensions in Eastern Europe and the Middle East.
There is a possible disruption to European energy supplies because of Russia - Ukraine border crisis.
Crude oil prices will likely stay at the 7 year high since OPEC+ will keep the existing policy of gradual increase of production.
Looking forward to read your opinion about it.