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Usoillong

USOil LongThere is a daily doji indicating that liquidity needs to be taken at a double bottom, institutional traders will be looking to take out the SL's there for another push up following on from the news last week that the US may release their biggest amount of reserves in a while, 180 million barrels over 6 months. Price is starting to form a descending triangle that we expect to continue until we come to the end of that. We could see price break down after, in which case we'll take sells after a rejection off the support zone to make it turn resistance. Price could give a false breakout out of the descending triangle; hence we have TP's higher than the downward trendline. Squeeze Momentum Meter is showing that although price is coming down, there's not major volatility in the move so we can expect the liquidity grab to bring price back up. R:R = 1:11 GL as always!
TVC:USOILLong
by Life_In_Forex
USOIL - APRIL IS REVERSALWe have analyze last 12 years of USOIL data in the month of April. The data supports bulls as 8 out of 12 times the April month give bullish closing. While 4 times bears won the battle. The most important findout from the analysis is the behaviour of April. April seems to be reversal or it define top or bottom. During Covid-19 crash when the futures crude oil went to negative, April defined the bottom and we see price appreciated from there. Similarly, as highlighted on the charts with small arrows, April either defined top or prove to be a reversal point. This year 2022, The March leaves a big wick on the sellers zone and price retracted back to 30% of the month. It is also noted that the price is trading near the strong seller zone which USOIL has unable to break since Jul 2008. Have we seen the top and price will reverse from here? What do you think ?
TVC:USOIL
by JustTradeSignals
3
USOIL 102.35 -4.03 % SHORT IDEA * CONT. PTTNS & PRICE ACTION 💡HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. LOOKING AT THE USOIL * The ENERGY is currently trading in an DOWN-trend , just consolidated, tested the roof of this structure . - Short term the ENERGY is currently at the supply zone could go lower so looking for possible continuation with the bears. - Looking for SHORT entries on the THE CRUDE this week should all the rules of the formation be met. ******* CRUDE OIL INVENTORIES YESTERDAY saw an increase in the oil is actually less than expected @ 3.449 M which implies LOWER demand and the energy could react BEARISH . SHOULD WE BREAK BELOW HERE'S A POSSIBLE SCENARIO SCALLED DOWN TO AN HOURLY TF So lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:USOILShort
by PULEMokhothu
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bearish price action on USOIL as price takes out weekly lows and fills a bullish imbalance on the H4, we have a clear bullish market strucutre from a HTF premise on this chart and we should go higher somewhere around 120 price area where we have a lot of bearish imbalances. From a market seasonality stand point we are in a CLEAR BULLISH SEASONALITY meaning the price of USOIL should rise more and more, way above 130$ per barrel. What do you think ? Comment below..
TVC:USOILLong
by AnonimFXRO
Shark Complete In Nice PRZ 🦈USOIL - Nice rejection with multiple BOS on the lower TF, waiting for a pullback and this demand level to hold before potentially going long to fill the gap! 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.
FX:USOILSPOTLong
by ProFxAI
USOIl - 4h - Long or Short - Ready to engage Short scenario General Currently we are below the Weekly open which is in confluence with the HTF range 50% (untested though). The orange level is a weekly s/r level. If price manages to break under the green s/r level (level 1). I expect a move down to the 50% fib level of the recent range. Maybe lower. But given the current situation and that we are generally in an uptrend its better to be careful with shorts. Fundamentals - Plan (Blue arrow) Target 50% Fib level of the current range Requirements - Break under the green s/r level (level 1) - No break followed by a retake of level 1 - Break of level 2 (blue line) Invalidation / SL - Price moves back above level 1 after breaking - SL slightly above level 1 Time duration Days, weeks, months, years... ;) Long scenario General If prices should manage to get above the weekly open i am looking for longs. Fundamentals - Plan (Orange arrow) Target HTF s/r level Requirements - Prices moves above weekly open - Price move above recent deviation (green circle) Invalidation / SL - Weekly open fails to support price after a retake - SL slightly under the orange s/r level Time duration Days, weeks, months, years... ;) Additional I linked to another USOil Idea with a different time frame. They dont exclude / invalidate each other. if they occur / develop. Good luck
TVC:USOIL
by a_tale_of_bulls_and_bears
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USOIL as we are in a bullish market strucutre from a H4/D1 perspective, price is rejecting right now a bullish orderblock area on H4 this area could act as a valuable area of support if you will. Another reason why i think we go higher from there is because price has a lot of bearish imbalances near 120$ area that are still opened price could be magnetize there to fill the price inefficiency. What do you think ? Where we go next ?
TVC:USOILLong
by AnonimFXRO
4
🛢️ USOIL ❕ (Crude Oil)- Time To Going Up $130 🔔Hello Traders! According to my analysis first, a second things it's what's happening in Saudi Aramco’s Jeddah oil depot hit by Houthi attack. USOIL will be go to a bullish movement start at Monday, as you see in my chart a bullish engulfing candle for a 3H and 4H time frames, on the 2H time frame we see that the bulls or buyers in control above the 200 moving average. the price will be go to the resistance area that represented by red lines Between $115 - $116.5, when it broken the price will be go up to our target at $130 -------------------------------------------------------- Trade Idea for USOIL ( Crude Oil ) : - Wait for a pullback movement at the green support rectangle then buy - TP1 AT $120 - TP2 AT $125 - TP3 AT $130 NB: The probability of what I analyzing, is to be true unless the opposite is proven Feel free dear trader to share with me your opinion, and also your analysis & Follow me for more analysis and also keep watching Have a nice trading
TVC:USOILLong
by UnknownUnicorn9508632
7
Shark Complete In Nice PRZ 🦈USOIL - Still bullish (Weekly, Daily, 4H,1H) Shark has completed, very nice rejection from the demand zone (Completed Schematic on LTF, broke LTF Structure and retested) Took a buy earlier with that confirmation taking 200 points, theres still an order block in the demand zone refined on the LTF that's yet to be mitigated so price could wick into that before continuing upwards, as long as the demand zone holds i'll be looking for buys on OIL. 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.
FX:USOILSPOTShort
by ProFxAI
USOIL - OUTLOOK 12USOIL - OUTLOOK 12 Hello traders and happy Sunday, let's no waste time and jump straight into it. From the last outlook USOIL declined as we expected it to, we caught two nice trades but GBPJPY and NASDAQ came back to bite us and but us straight to bed. USOIL is now stuck $99.73 and $106.41, we must break from here to get a directional bias. We are still very bullish and have broken a descending wedge but it's critical we come back above $106.41 to move higher. Above this region and $114 and recent highs will be the target. Any new tensions or negative news for the war will only drive price up again and once ATH breaks it will be a clear run to $185 which is my cycle target. If USOIL doesn't break 106.41 but instead falls below $99.73 we will see a quick sell off to $91.27 and even $88. It's all to play for in USOIL and right now I am neutral until either zone breaks with confirmation. It is best to stick to the 4hr timeframe for further and greater confirmation on USOIL to avoid fake outs. The candle closures will play the most important role. We have rebranded; come find out why using the link below.
TVC:USOIL
by UnknownUnicorn33264805