Usoilshort
USOILBeen charting this move since mid July 2022, we are getting close to a bottom IMO, currently
testing the bottom TL of the mega phone pattern.
Now looks like a support flipped into resistance.
Targets remain $45-$55 for a bottom and likely big bounce from there. Which is the 618% from the covid 2020 crash when prices went negative.
USOIL - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on USOIL .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalances higher and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
USOIL Outlook - $76.50 ZONE POTENTIAL BREAKUSOIL is now at the 76.50 zone. It dropped all the way from 128.00. Price is about to break the 76.50 zone. My target is still the 40.00 zone. Market-makers may even push it further down to trap SELLERS.
Price action is king!!!!
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CHECK OUT MY PREVIOUS ANALYSIS!
USOIL - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on USOIL .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. Price took out sell stop liquidity so I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
USOIL - Bearish market structure ✅Hello traders!
‼️ This is my analysis on GBPNZD .
Here we are bearish from H1 timeframe perspective, so I am looking for shorts. I expect price to continue bearish price action after filling the imbalance above and rejected from institutional big figure 1.95000.
Like, comment and subscribe to be in touch with my content!
USOIL - Retracement expected ✅Hello traders!
‼️ This is my analysis on USOIL .
Here we are bullish from all timeframes perspective, so I am looking only for longs. I expect price to make a retracement to fill the imbalance below and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
Oil - short entryYou just need to look up the 2B entry system, but, because Tradingview is a place where no one thinks for themselves or is autobot compelled to write more. Here goes.
2nd November oil rallied in a continuation of the move from 31st October. It then dipped below the weekly opening gap, before pushing to a new high. That big push from 88.50 to 90.80 culminated in a fake out/blow off top, thrust, and exhaustion. Since then the price action has failed to rally and is stair-stepping its way lower. A break of the H4 thrust candle should be the catalyst needed for a decent fall back towards 86 and maybe beyond.
InvestMate|USOIL Time to continue downtrend🛢️USOIL Time to continue downtrend
🛢️On oil we are at an interesting moment. Since 26 September, we started to make an upward correction of the downtrend from the levels of $76 per barrel.
🛢️Then we broke out to $93.5
🛢️We then performed a correction of this uptrend impulse again finding resistance at $83 where the 61.8 level of the entire upward wave was located.
🛢️In the last few days there was again an attempt at growth which was currently stopped at the cluster of levels 0.236 of the upward impulse wave and 0.618 of the correction of this impulse.
🛢️Seeing that it is around $90 is a place of strong resistance. I believe we are in an interesting place to make a downward correction.
🛢️The target place for declines will be the cluster of levels at 0.5 of the largest upward impulse
0.236 of the last largest downward impulse
and 0.618 of the current upward wave.
🛢️ Assuming we open positions now
The stop will be above the resistance zone at around $90.4 and the take profit at $95
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
USOIL - Bullish price action ✅Hello traders!
‼️ This is my analysis on USOIL .
Here we are bullish from all timeframes perspective, so I am looking only for longs. I expect the continuation of bullish price action after the change of character and rejection from bullish orderblock.
Like, comment and subscribe to be in touch with my content!