USOIL and daily, so far holding the line
WTI Light Crude Oil forum
USOIL and daily, so far holding the line
USOIL OIL Today's trading strategy
Trading Strategy:
BUY@64.7-65.1
TP: 65.9-66.4
SELL: 66-66.4
TP: 65.1-64.5
Idea: USOIL:Today's trading strategy
USOIL loving these people on here now calling themselves analysts with a chatgpt pic i might become a brain surgeon
USOIL i dont like how the structure look it going to drop more
USOIL From the market price falling from $78.40 to the current $64, the decline was too fast and too large, and the market did not rebound and adjust. From a structural point of view, the market needs to rebound and adjust before it can fall better, but today's market seems too flat for OPEC's production increase. OPEC has confirmed that it will increase production again in August, and other oil-producing countries will definitely increase production one after another, which will cause crude oil to be under pressure again. After the market has been sideways at $64-67, it has not rebounded for a long time. The current market is in a short position, so in our operation, we still make orders when the market reaches that point first. . . . .🚀🚀🚀Short at $66.35 above, stop loss at $66.70, and take profit at $64.60. (Aggressive short at $65.95).
🚀🚀🚀If the market does not rise today but falls sharply, you can try to go long at $63.80, stop loss at $63.2, and take profit at $65. . . .
Trading is risky, please control it reasonably. Charlie will share more trading experience. Please stay tuned.
USOIL Crude oil analysis and interpretation: In the short term, if crude oil can effectively break through the short-term resistance level near $66.50, it is expected to rise further to the resistance range of $67.2-68.80; on the contrary, if it falls below $63.5 again, it will open up downward space to the support of $62.3-60.6.If you don't know when to buy, you can follow Henry's trading rhythm, continue to follow or leave a message, and view the latest real-time trading signals.
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USOIL Looking at the 4-Hour, it's in Bearish (directional) Market Bias. The previous, bearish candle that is a Hammer, had rejected a breakout from the Inside Day pattern's low of 63.97, so the bulls will attempt their own breakout at the pattern's high of 67.70.Along the way, there's a Swing High of 66.39. Let's see first if the bulls can even reach and breach that price level of 66.39 to go up more. If they can't, then back down again.
*Side Note:
A Triple Inside Day showed up last Wednesday, June 25th. It typically takes anywhere from 1 - 3 trading days for the pattern to create a BIG move when the Triple Inside Day appears on the 4-Hour chart.
USOIL 🛢️ USOIL Sell Setup🔹 Sell Entry: 65.000
🔹 Stop Loss: 66.500
🎯 Targets:
• TP1: 64.500
• TP2: 64.200
• TP3: 63.800
• TP4: 63.500
• TP5: 63.200
• TP6: 62.800
⚖️ Risk Reward: Up to 1:2
📌 Note: Trade with proper risk management.
WTICOUSD wti have all the time in to world ??