Usoilshort
USOIL will tank to $60 or lowerI think in long term we will have USOIL tank to $60 levels or lower.
1) Ukraine and Russia war will end.
2) More dollars will flow back into the stocks, Forex, and crypto markets.
3) More OIL will be produced here in the US and we will not go back to foreign countries.
4) Gold prices will drop because the war is heading to an end.
5) Expecting a nice drop by December 2022 timeframe.
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 (LONG) 🔥🔥🔥ENTRY OPPORTUNITY
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
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 | UPSIDE POTENTIALUSOIL has been taking support from a long-term rising trendline. The oil is also trading in short-term bullish parallel channel.
We are expecting a breakout above 115 for an upside target of 130.
Alternatively, horizontal support is present at 96. which should be used as a strict stop-loss.
A break below the level will be all over for the bulls.
USOIL (SHORT) 🔥🔥🔥USOIL ENTRY OPPORTUNITY
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
USDWTI H4 - Short Setup, Oil supplyUSDWTI H4
Saw a nice hold up on the D1 yesterday on a clear area of daily resistance. Interested to see if this is the point of reversal, we have had a nice trading range for the best part of two months here.
Stops to cover wicks dated back to March 21. 6.5R trade to take us down to $95 as mentioned yesterday.
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
Crab Complete 🦀USOIL - Crab complete in strong HTF supply zone, break in momentum, have a confirmed entry on the LTF, SL is above the current daily high, i'm looking to trade the retracement after the BOS yesterday.
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.
SHORT ON USOIL - BUT COULD BREAKOUT OF WEDGE AND BECOME LONGRising wedge on the higher timeframe, price is currently touching the resistance level of the wedge which is the best place to sell from once the bears show up.
If the bears do no show up I will be looking for a break and a rest of old resistance as new support then I will get in for a buy.
However I would prefer to sell UsOil as I would be selling high.
US OIL MARKET BREAKDOWN US OIL MARKET BREAKDOWN
USOIL returned higher as expected but before hand it dipped lower than expected.
Things got a little rocky at the start of the week where we original longed at 103.60 which took us out fairly quickly. USOIL dipped even further and we were able to enter at 99.20 and then exit our trade at 109.00 around 6 hours ago for a massive 980pips profit.
USOIL will only climb higher unless their is geopolitical event to push it down. My eyes are now set on the following targets 114.00 > 126.00 > 138.00 and then a new ATH of 185.20. Their is method to our madness but we have been right so far.
Join the link below to keep up with our insights, updates and trade.
Tuesday we were -30 pips ❌
Friday we’re have closed all positions. Gaining us a huge 1844 pips profit 💰💰💰
Members in enjoy the bags and your weekend. I know I will 👽
66.6% win rate 😎
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GBPUSD / -40 pips ❌
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US Oil Spot - SellLooking at the hourly chart, the pair is trading in a corrective move after a five-wave decline from 110.33 to 97.57.
The correction could be done at 105.02, which is just shy of the 61.8% retracement that comes in at 105.45. In case of a break above, the correction could have one more leg higher.
With that said, as long as we trade below the 110.33 resistance, odds favor the short side, to at least 97.57.
WTI would go down before it grows againWTI is considering to be bearish in short term.
I don't mean this momentum will create bearish cycle to crude oil.
EU is dealing with Hungarian government to do sanction for russian oil.
Only matter of time to close the deal.
But it will go down until it makes perfect negotiation.
MACD is also decreasing.
Target to 97-98 around. I will analyze again as soon as it reaches to my target.