Wtioil
USOIL: Swing Trade To The DownsideWelcome to this beautiful Monday morning!
Today i have a nice USOIL trade setup for you guys. In the last two weeks i already made some good profits on Oil. Now we are looking for another short scenario on the long run. I think sooner or later we will see Oil below the 50.00 level.
Wishing everyone a great trading week and a lot of success!
WTI Oil: Long term bullish break-out on 1W.Oil has broken above the 1W Descending Triangle (RSI = 51.237, ADX = 25.508, Highs/Lows = 0.0000) yesterday. This development, coupled with the break-out above the 0.618 Fibonacci retracement level on 1D (RSI = 57.737, MACD = 0.270, Highs/Lows = 1.1179) indicate a strong potential for a long term trend shift to bullish.
61.00 is the next Resistance to test and it remains to be seen if the new Channel can create a symmetrical Higher Low supporting trend line (bold dashed line). Under these conditions, long term traders may target the 63.80 - 66.66 Zone.
See how the mini 1D Descending Triangle traded previously:
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Comments and likes are greatly appreciated.
WTI Oil Short Setup H4There's a pinbar confirmation on the H4 timeframe that is at the resistance level. The possibility of a sharp decline today will reach the support level. However, if the price breaks the resistance level, the price will surge higher and will touch the next resistance level.
Stay safe with good money management, don't be greedy and happy trading
Crude Oil Intraday Trade Setup. 05/09/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
56.62
56.72
56.92
57.42
For Short:-
55.83
55.73
55.54
55.05
Crude Oil Intraday Trade Setup. 04/09/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
54.54
54.74
55.22
55.71
For Short:-
53.96
53.86
53.67
53.57
WTI Oil: Buy opportunity on the 4H Support.Oil has been trading on a 4H Descending Triangle (RSI = 32.603, MACD = -0.400, Highs/Lows = -1.0093) with symmetrical Lower Highs (red arrows) and a clear 53.00 - 52.90 Support Zone. Since mid August every Golden Cross formation marked an upcoming Top (Lower High) while every Death Cross marked an upcoming Bottom (4H Support test).
The price just made contact with the 4H Support and technically is on the ideal buy level. Our TP is 55.10 (interim rejection point from last Support bounce) and under conditions 56.50 in extension (expected Lower High).
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Comments and likes are greatly appreciated.
Crude Oil Intraday Trade Setup. 03/09/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
55.31
55.51
56.00
56.49
For Short:-
54.72
54.63
54.43
54.33
Crude Oil Intraday Trade Setup. 29/08/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
56.06
56.16
56.36
56.86
For Short:-
55.28
55.18
54.98
54.50
Crude Oil Intraday Trade Setup. 28/08/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
55.95
56.05
56.24
56.74
For Short:-
55.36
55.16
55.07
54.87
Crude Oil Intraday Trade Setup. 26/08/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
53.90
54.10
54.58
55.07
For Short:-
53.32
53.23
53.04
52.94
#USOIL China is reacting and the Trade War isn't good Risk appetite reverses on trade escalation, again TRADE WAR ESCALATION , not because of the FED and its interest rates. However, we "the old traders" are keen on Jackson Hole speech. Now, just keep in mind the consumer sector is the hero of the U.S economy but with trade war in front of us, prices will rise and finally impact the consumer sector. What does it mean for the USOIL? Tough time to push it lower, even to go around $50 per barrel but not for so long. So, what about a rally? I'd be a tough buyer around <$49/48.
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Crude Oil Intraday Trade Setup. 22/08/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
55.97
56.16
56.26
56.46
For Short:-
55.57
55.38
55.28
55.08
Crude Oil Intraday Trade Setup. 21/08/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
56.74
56.93
57.43
57.93
For Short:-
56.14
56.04
55.85
55.75
Crude Oil Intraday Trade Setup. 19/08/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
55.78
56.27
56.77
56.96
For Short:-
54.99
54.89
54.70
54.60
Crude Oil Intraday Trade Setup. 16/08/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need your support for my effort. .
To Support - Like, Follow and Comment
Thanks for your Support :)
For Tomorrow Intraday View and Targets i want 20+ Likes.
Trader can share your Ideas, feedback and suggestion in Comments Box.
Targets:-
For Long:-
55.4167
55.5148
55.7113
56.2041
For Short:-
54.6347
54.5374
54.343
53.8584