Usoilbuy
Liquidity Grab Then Imbalance Fill? USOIL - Looking for price to take out the liquidity its currently building by wicking into the low before rising to fill imbalances and the gap above.
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
USOIL-BUY strategyNo change in view.
We are long @ 94.00 with the idea we will see $ 105-110 again short-term, and perhaps we manage to revisit $ 120s.
The bottoming candle, and looking at the sharp decline, it feels we may see higher levels as suggested.
The strategy is still BUY $ 93-96 for a move to $ 105 profit order for now. I would add BUY lower $ 87-89 for now. The overall base is likely around $ 75 and for those wishing to place stop should place it below that for comfort.
USOIL-BUY strategyWe have been able to enter @ $ 94.00 small leverage for now.
The chart looks like bottoming and it is likely we will see higher price levels again back towards $ 105-110 initially.
The strategy is therefore, buying into weakness, or if new position BUY $ 94-96, or if more adventures current $ 97 handle.
we will add further @ 88-90 when seen, as I feel we may not see very low levels due to the ongoing situation. Market needs oil and there is a shortage. the only reason we went lower was due to OVERBOUGHT conditions and not a change of the situation.
Even when the war will stop, still has shortage of oil supply, is my personal view. Over all I cannot see oil below $ 75 for now.
Profit order for now $ 104.75 but we may adjust this later again. If we buy in weakness more, then we change the profit order slightly.
USOIL-BUY strategyInitial entry level $ 105.50-106.00 with stop-loss executed @ 102.00. No major harm done.
The downward move is only due to unwinding of longs, and as always this can always go deeper.
Strategy is BUY $ 93-96 level when seen. We should see recovery back towards $ 110-120 window in the short-term.I feel no stop-loss required, but if you want too.. I suggest below $ 75.
Overall, market should settle above $ 80-85 as fundamentally nothing has changed. The only reason we moved lower was the market condition, and this had worked out well.
USOIL-BUY strategyFor now I feel we have reached the first move lower, but am noting that a clear break of $ 104.50 area will invite $ 90-95 short-term.
The topping formation is well define, and we have corrected nicely from $ 128 highs.
Strategy is BUY $ current $ 105.50-106.00 and place stop-loss $ 102 and buy again $ 95-97 when seen. Profit order $ 120-125 for now.
USOIL-BUY strategyFor now took back at $ 106 the balance of my position with average $ 128( rounded).
The shape of the daily chart suggest we may see upside potential. The strategy is likely a buy but am not 100% convinced as yet.
However, in terms of analysis I see BUY current $ 105-106.50 as the thing to do right now. I am not committing as yet personally. The stop-loss should be around $ 98 and profit order $ 117 for now.
USOIL-Buy strategyOil is moving higher, and the pattern shows we may see $ 78.00/barrel coming weeks.
We have good support $68 handle. The stochastic is not confirmed yet, but MACD shows we are on the up move now.
Strategy is BUY current level $ 73-74 fr a break of $ 78 resistance. I think we may see $85-88 range. Stop-loss below $68.
USOIL LongMy view of USOIL . Potential long opportunity.
I am a bit late with this idea and it’s a bit minimalistic and quick but it will hopefully do. After a pullback down to our PBA 1 and respecting the consolidation area , I’m expecting the price to come back up to the top of the consolidation area . Double bottom on 4H is also confirming the long idea. After a clear break of the consolidation area we can expect another upside move. Entry is at 81.898 . Stop Loss is below current low and below a possible pullback area . Stop Loss is at 80.547 . TP is at 86.660 . Overall we are in a uptrend and without breaking the uptrend structure , we will keep looking for buys at pullback areas . If we don’t come down to our entry, take a smaller position due to risk being higher.
Keep in mind prices may vary from broker to broker.
PARAMETERS
- Entry: 81.898
- SL: 80.547
- TP: 86.660
KEY NOTES
- Overall we are in a uptrend and without breaking the uptrend structure , we will keep looking for buys at pullback areas.
- Respecting the consolidation area
- 4H double bottom confirmation
Happy trading!
USOIL Full Analysis ,Short Scalping And Long For Long Term SetupThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USOIL Long Setup After Retest To Our Broker Res ,To Get 400 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USOIL Running In 200 Pips ,After Confirmation Can Add New EntryThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USOIL Running In 100 Pips From Last Analysis And New Update HereThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USOIL New Long Setup After Confirmation To Catch 200 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USOIL New Long Setup Available To Catch 500 Pips For FreeThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions