USOIL LONGS ACTIVE 📉📉📉Expecting bullish price action on USOIL as price makes a rejection move from 95.00$ price area bullish orderblock both on H4/D1 + weekly lows that has been raided meaning a lot of stops were liquidated, i think we will see buy side liquidity being hit this week if we have enough volatility.
What do you think ? Comment below..
Usoillong
USOIL MARKET OVERVIEW USOIL closed bearish today which wasn't really a surprise. Unless further political events or fundamentals have a bullish effect on USOIL then we see further downside from here. We need to get a better shorting location with confirmation before we could look for an intraday trade.
My key levels to focus on this week are 103.40 /// 101.68 and 95.40.
These levels will form my trades bias, make sure you follow the link down below.
Bat Almost Complete!USOIL - Potential Bat Forming, Will be waiting for a D point completion and LTF confirmation before entering this. The demand zone is strong and the Daily is bullish so this trade would be a continuation on the Daily/Retracement on the 4H.
However we have another unmitigated Order block right on the Daily low with trapped liquidity at the X point of the bat, so I can see us getting a nice bounce from the D point followed by a sweep of the Daily low before a potential bullish continuation!
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.
US OIL LONGUSOIL closed very bullish and we can expect further pushes up!
I will only be interested in longing if we get a pullback first. Entering now would open up too much risk but I am fully expecting new ATH and again my followers are well aware of what I believe will come next!
Follow the link below!
Magical squares in Oil. Pay attention on it. We could see 3 global square range at the Oil chart for last 10 years. I call it Support, Resistance and a Transit zone. You could see that we have successfully leaved Support zone (so, no Oil shorts any more) and follows to the Transit zone. There are 2 main options now - to push off from it and return to Support zone or to come inside of it. If we come inside of Transit zone, it means we are on the path to Resistance Zone. And that's 100+ Oil price area. Let's suppose we are take off in Transit zone. There is a question - how long Oil is going to be passing throw it? You can see app. historical periods on chart.
I have viewed a lot of forecasts at TV and there is almost absent some setups with 100+ price range. That could be a sign that traders are not expect fast emergence of Resistance zone. That could mean that this time transition could be really fulminant (almost no one expected of Oil's drop to 40 area from 140). Anyway, I prefer to forgot of longterm shorts of Oil for 2017.
Happy New Year! Best wishes for everyone. Wish you an excellent year with a lot of joy and profits. May all your dreams come true. Be happy!
If you believe in Oil drop just create a regression channel or 2I have created 2 regression channels. As you can see we are at the bottom of the small one and at the middle of the large one. So, I am awaiting of continuing of growth. Hope you are not someone who were afraid to Long and have closed a position. Good trades to you.
Pay attention to my Big picture. Seems to be interesting one:
CRUDE OIL: Bullish Fakey SetupCRUDE OIL – Futures: Bullish Fakey Setup Triggered
Price Action: Price moved higher from the recent Bullish Multi-Bar Fakey Setup that had formed just above the $88.81 – $95.43 short-term support area, earlier this week (We suggested trading this setup in the April 12th, members' daily newsletter).
Potential Trade Idea: We are now considering buying on a retracement lower to within the range of the recent Bullish Multi-Bar Fakey Setup area.
🐂USOILOil has been in a very strong bullish trend since the start of the war between Russia and Ukraine.
Price first gave a pennant continuation which didn't play out as well as thought.
The market has now given us a double bottom which can commonly represent a bullish continuation, and in this contact it does.
We also have the confluence of the falling wedge. We should look to long and have our Targets at the prices marked in red.
USOIL LongThe price is trading within the ascending triangle with a general upward trend that gives us a signal to search for buying places in the event of breaking the trend line and closing a candle above the price 100 it will be a strong confirmation to enter a buying deal, the scenario differs in the case of going down below 90
Us Oil; Where to look longOn the recent Huge US OIL fall we can identify new Long zones to take.
For the less risk averse Traders, we are at current support and light longs can be taken..
If you are more risk averse and want a more accurate spot for longs, look to Long Zone 2 for comfortable support and new longs.
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as price takes out liquidith below the weekly lows + rejects a bullish orderblock area on H4. We are bullish from a fundamental perspective in my opinion. The targets for this week if we have enough volatility would be somewhere around buy side liquidity area 109.000 old highs liquidity.
what do you think ? Comment below..
Butterfly Complete 🦋 USOIL - Nice butterfly pattern complete above strong demand, let's see what the FOMC brings, ill be looking for an accumulation on the LTF to take this long!
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.