USOIL POSSIBILITY OF NEXT MOVE.In the name of Allah, the Most Gracious, the Most Merciful.
we are doing Analysis of USOIL in 4 hrs time frame as you can see on the chart market is following Ascending
channel pattern market has tested the Resistance line more chances is to market will follow our structure
which I have drawn on the chart.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
Usoilprediction
US OIL Market Outlook | Daily Forex Market BreakdownUS OIL
After tapping previously anticipated level of resistance we started going sideway. Not much movement at all. I have said it multiple times, gold and oil move very violently and require even more patience. You really need to be certain in your analysis. So sitting on my hands for the time being.
Engulfing Candle and Two Inside BarsHappy Thursday Oil Traders! A very interesting day on the 15 minute chart. We started off with an Engulfing Candle that encompassed the previous 6 candles followed with a down candle, and price fell significantly. Then we had a weak Inside Bar followed by a small up candle and price rose slightly. Now we have a new Inside Bar with a small up candle. This time it looks as if it is hitting resistance at $54.20. Will it break out? I am tending to believe it has a little more downward pressure before it returns to growth. If you look at the daily chart the Stoch RSI has hit bottom, but that doesn't mean it will immediately bounce back up. Fridays are always iffy anyway. Trade safe and let's make some profit and have a nice weekend!
USOIL small day trade opportunity for Friday 9/27/2019Happy Friday oil traders! Looking at a potential quick money grab for the weekend, (my anniversary is tomorrow.) :o) Stochs and Moneyflow are maxed out at the top. Price should come back down to red line which represents the high daily volume. Trade carefully and always use stop loss. Have a great weekend!
Entered Short at $56.16
SL @ $56.36
TP around $55.80
Will make a nice weekend bonus!!!
USOIL: Swing Trade To The DownsideWelcome to this beautiful Monday morning!
Today i have a nice USOIL trade setup for you guys. In the last two weeks i already made some good profits on Oil. Now we are looking for another short scenario on the long run. I think sooner or later we will see Oil below the 50.00 level.
Wishing everyone a great trading week and a lot of success!
USOIL - Bearish Counter-Trend Line Break - Time to ShortWith the recent strengthening of the USD for various fundamental reasons that we discuss in depth with our clients, we have seen a sharp decline in the price of oil (not necessarily a sell-off - don't confuse the two!).
We expect the USD strength to continue into next week and so we are looking to short USOIL after this bearish corrective structure has now broken to the downside. Enter on a pullback into lower time frame structure/Fibonacci levels.
Trade safe!
Cheers, Paul.
US OIL Broke Down-Trend, New Floor & New Roof. (DAILY) Us Oil has broken my Daily downtrend I had marked up, A slight rejection occurred before the breakout so it is time to re-graph.
My highlighted zones are the ones I feel that have to be met and seeing some rejections of any sort before placing my trades.
USOIL SHORT IDEA from 8/7/2019 to 12/7/2019Currently, on the 1 hour chart, USOIL is near its resistance at 57.77, which could be a potential drop down to our S1.
If you are aggressive, you can take a sell from there.
However, the price could break the R1 and will pivot to go down when it reaches 59.5.
This is my idea on USOIL, please note that the decision is yours.
P/S: I am new to Technical Analysis, please leave a comment if you'd like to.
Thank you for reading.