USOIL - 240 MINS TIMEFRAME USOIL
The Structure looks good to us, waiting for the this to correct and then give us these as shown on this instrument (chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Usoilsell
USOIL possible sell zone!!USOIL ( 4H ) Currently in a downtrend we have last week price has just rejected this long-term resistance and has created a double top on the 4H. As the trend line is respected, we could see another drop in this instrument to the downside to the monthly support zone
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USOIL possible sell zone!!USOIL (D) has broken out of daily support with a strong bearish engulfer. The price is already in a downtrend and it is possible that the price will drop to the monthly support level before creating upward movement. On the test of this previous support as resistance, if enough rejection is shown, a selling opportunity may arise.
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👉 USOIL The main goal is to decline to support levels👉 USOIL The main goal is to decline to support levels
The emergence of an uptrend from a support level with a breakout of a downstream channel
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USOILHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
USOIL-SELL strategyWe are likely going a little higher $ 123-125 and perhaps a little more.
The strategy is then to SELL @ 124-126 for now. We may ADD further around $ 131.50 if seen. It feels we may test highs, but from strategic point of view we are overbought, and especially monthly is becoming a bit on the severe side, and followed by weekly, we may have a chance to BUY back around $ 114.00 again for the near term.
Strategy SELL $ 124.50 and again 131.50. Take profit @ 115.25 for now.
USOIL-SELL strategyWe are now in the SELL area as mentioned few days ago. The level to start a SELL is 118.50-119.25 or adjust accordingly. The top of the regression channel is now slightly above 120.00 (note it can always move little higher above it). The stochastic RSI is high up, and this suggest we should see it recover lower over time.
For now as suggested SELL @ 118.50-119.25 and take profit @ 107.50 for now.
USOILUS Oil At 114.12
Hey Hey My Friends I am back with US Oil Chart.
USoid is trading near important level 114.60 - 115.70 and this have the potential to bring profit taking and even bears on field.
Closing week above 115.70 would be a breakout for more.
Rejection from current levels 114.60 - 115.70 would support profit taking and selling view.
USOIL Short Term Outlook |19-MayHolla,
Do you agree with my chart analysis? I expect a pullback until my sell line. My plan is to wait for candlestick structure as a confirming catalyst before opening a position.
Checklists;
1. Price must touch my entry zone
2. Price bar (4hr) must close below my zone after touching my entry zone.
3. i want to see candlestick pattern ( mostly pin bar or bearish engulfing candle) before looking for entry.
4. Chart pattern like rising wedge would me an added advantage
Will update intermittently...
Kings.
USOIL-NEUTRAL SELLWe are trying to move higher, but failed near $ 115. As we can see the range 116.50 seems well protected till now.
The stoch RSI is negative short-term (weekly shows upside potential by the way). Trading short-term feels sell current @ 113.30-113.75 for a move lower to 102.50. Stop-loss @ 117.50 for now.
USOIL Very Near Strong Res , Short Setup With 4H Bearish P.A 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-SELL strategyThe moving higher shows the market still has fear in terms of conflict.
The technical side does not support a trend change higher, as the strength is weakening and in fact starting to go below the MA.
Further, we are within the topping formation so am not very convinced of higher, and therefore prefer SELL strategy @ 113.-115. Stop-loss above 125.75 and profit order 97.75 for now.
If Demand Holds..USOIL - Price rejecting from previous weekly low which is also a strong resistance level, had a few minor breaks of structure but nothing major, waiting for price to capture this liquidity and show us direction.
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-SELL strategyThe market broker 105.00 again, and this suggest we are moving lower over time. We are below the cloud, and for now the strategy is SELL @ 102-103. and place stop-loss above 107.50. it a bit of whipsaw range, but suspect we may see it drift lower over time.
profit order somewhere @ 92.50.
USOIL-SELL strategyThe market is not in a convincing sell mode, and this is because ongoing crisis. This may always have surprises and that is why caution always advised.
The stochastic is positive, but the MACD on weekly chart is little negative. The triangle formation provides insight which way we will go. The shape usually indicates lower levels to be seen.
As long we are careful and disciplined, the strategy is still SELL @ $ 99-101 (slightly higher now) and we keep stop-loss now above $ 105. A break higher will bring 110-115 insight once again. The support is still $ 93-95 and should be monitored when broken as this opens the door towards 78-80.
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..