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Gas Prices Need to StopI'm done with the ridiculous gas prices. I'm trying to fill up my car not a 737.
Price is showing willingness to reverse here as we see price slowing past a liquidity pool. As long as price picks up momentum, we could see a bigger reversal. Otherwise, practically speaking, it's still an uptrend so probability lines with price continuing up after a pullback.
Oil return to bearish sideour preference: Shorts after we broke 105, TP 90
Targets. Supports, Resistances on chart.
I will love to read your comments. Please put a like, follow us and give us your comment.
Be carefull, patient and discipline.
Good trades to All.
❗ DISCLAIMER ❗
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. You deserve the profit and you are responsible for your potential loss.
Only you can be responsible for your trading.
Any opinions, news, research, analyses, prices, or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
This Plan can be changed anytime, depending on how the price will arrive at the level and what will be happening on my level of interest for entry. Then I will decide if I will enter or not.
So please don't just blindly follow this. The author of the analysis does not accept liability for any loss or damage.
Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.
WTIUSD mediumterm bearishWTIUSD our preference: Shorts
Targets. Supports, Resistances on chart.
I will love to read your comments. Please put a like, follow us and give us your comment.
Be carefull, patient and discipline.
Good trades to All.
❗ DISCLAIMER ❗
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. You deserve the profit and you are responsible for your potential loss.
Only you can be responsible for your trading.
Any opinions, news, research, analyses, prices, or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
This Plan can be changed anytime, depending on how the price will arrive at the level and what will be happening on my level of interest for entry. Then I will decide if I will enter or not.
So please don't just blindly follow this. The author of the analysis does not accept liability for any loss or damage.
Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.
USDWTI H4 - Short Setup, Oil supplyUSDWTI H4
Saw a nice hold up on the D1 yesterday on a clear area of daily resistance. Interested to see if this is the point of reversal, we have had a nice trading range for the best part of two months here.
Stops to cover wicks dated back to March 21. 6.5R trade to take us down to $95 as mentioned yesterday.
USDWTI H4 - Short From ResistanceUDSWTI H4
Initial area of resistance had broken, and we have made slight adjustments to the resistance price/zone here. Very clear trading zone, something I'm taking short on from the details indicated.
Strong 8.5R from resistance down to support. And 3.75R to interim resistance.
USDWTI H4 - Short SignalUSDWTI H4
Hoping to see the next bearish wave here on Crude, we pulled back during yesterday's trading sessions, but still very much in a clear LL/LH sequence.
Hoping we can breach $100 on this next wave, subsequent retest as resistance, then we can target major support price of $95/b.