Usoilshort
USOIL LONGS ACTIVE 📉📉📉📈 Expecting bullish price action on USOIL, as we are in a HTF bullish market strucutre, price fills all the bullish imbalances on D1 and H4, we have a h4/d1 bullish orderblock rejection + institutional figure 100$ for USOIL which is very important, we have also a lot of bearish imbalances that should be filled somewhere around 120 as price was very inefficent in that area, that area works as a magnet for the price. Fundamental Context on this asset is likely bullish, i will also attach market seasonality chart so you will understand that we are in a bullish cycle.
What do you think ? Comment below..
USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as price takes out weekly low liquidity, a lot of bearish imbalances are left somewhere around 120-115 price area price should rise to fill them ASAP. As market is imbalanced
USOIL is in a huge bullish market strucutre area on a HTF.
What do you think ? Comment below..
USOIL - OUTLOOK 11USOIL - OUTLOOK 11
It has been a very very slow week for us, only 138 pips profit booked and a 50% accuracy for our trades (4 taken in total). If you are struggling to trade these conditions it is through no fault of your own. Due to the impulsive moves the charts have no structure and we are fundamental led. No matter what analysis you apply it can be undone in seconds with one statement from Putin etc!
WTI closed bearish as expected and we should see further downside from here unless fundamentals drive it up during the weekend. WTI will be looking for it's next lower high which I think will be confirmed around 94.50. I expect further dips lower to fill the gap and these would be prime buy opportunities.
The current economic climate is just the beginning and I still have $185 a barrel clear in my sights.
There is not much more to comment as price from here becomes very choppy.
Make sure you use the link below to keep up with us!
USOIL - WEEK 10Traders I come to you midweek with outlook 10 for good reason.
I told members I would let the market move about at the start of the week due to the large bullish gap and impulsive moves. All FUNDAMENTLS have been called correctly and the most recent one which was the banning of Russian energy exportation, I wonder where this was written over a week before hand.
Next on my hitlist for fundamentals are:
Dollar targeted
New ATH
Deep world recession
Everything we predicted from a fundamental aspect has been seen and you can tell it's no coincidence!
Today I mapped out a bearish scenario for WTI which is coming through perfectly so far and now that we are seeing some real pullbacks we can start returning to technicals for guidance. WTI should pull back deeper and my eyes are locked in at $99.50 - $98.22 but I also can't shake the gap fill around $92.00. There is nothing to stop USOIL hitting the $92.00 as this would provide a huge buy region, a technical gap fill and as long as it didn't close below it would be a new higher low. Price isn't bearish as a new higher high was made before the drop off.
Your brokers, guru's and FX news places are all writing about how USOIL is sinking from 14-16 year highs and it's reversal time. 100% Incorrect, for USOIL to hit new ATH serious momentum is needed and large pullbacks would provide this. USOIL dropped due to inventory reports and this has been to prefect excuse to take profit on longs and get ready for the next set. Believe me when I say this $185 will be seen should no changes come from eastern Europe.
All this momentum has been driven by the war in Europe so why should some reports have should a huge effect. I said repeatedly price will be sensitive to any news due to no technical data being respected. With the ban on Russia energy export it is going to leave WTI as the monopoly.
This drop is an abnormality and we will take advantage!
Only one way to found out how and that is using the link below!
USOIL trend reversal??Hello traders and welcome on my analysis:)
Everybody is speaking about usoil and predicting new ath and so on,...
So, it's is possible, but check the situation.
This is weekly chart, with marked ath on 146USD. If you check the past, you will wee big crash down from this level.
On RSI we don't have bearish divergence now, but is already overbought. The value 85 and more is really big number.
My trading plan? I will wait for daily divergence and then entry to the short. It's risky short so I will use only small capital.
Target for shorts is around 100-80USD
📊 What is Market Seasonality ? 🎯 Seasonality refers to particular time frames when stocks/sectors/indices are subjected to and influenced by recurring tendencies that produce patterns that are apparent in the investment valuation.
🎯 Seasonality is a characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year. Any predictable fluctuation or pattern that recurs or repeats over a one-year period is said to be seasonal.
📊 What is a Seasonality Forecast?
In time series data, seasonality refers to the presence of variations which occur at certain regular intervals either on a weekly basis, monthly basis, or even quarterly (but never up to a year). Various factors may cause seasonality - like a vacation, weather, and holidays
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✅ You can use the Market Seasonality as an extra fundamental confluence for the price, we have 2 market seasonalities bullish and bearish. If a price has bullish seasonality it means the pariticular asset will tend to rise during that cycle and viceversa. Market Seasonality (MS) is a good tool to have in your arsenal but only if you are trading on a mid-long term perspective. You can't trade using the market seasonality on a scalping or a intra-day basis because it makes no sense.
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CORN SHORTS 📉📉📉The same view on CORN as on WHEAT chart, we have a nice bullish market strucutre but looks like price is very exhausted and right now we should see a corrective movement down ito 700/600, we have a lot of bullish gaps on it's way and price should retrace to fill those.
On a long-term perspective i am still bullish based on the fundamental context.
What do you think ? ..
Trade Defensively 🔰🔰🔰 🔰 Trading Defensively
• Proper Lot Size
Stop changing the lot size on each trade you take based on the ,, confluences,, your risk should be pre-determined and fixed.
Example you risk only 0.50% from your account on each trade
• Take Profits before News Release
Number one goal is to protect your equity, news can bring high volatility into the markets and random big moves. It is better to fix your profit or move your stoploss to breakeven before important news release
• Use Trailing Stops
Secure the profits and let your winners run, you can apply this strategy when you are already in profit and want to squeeze more from the trade
• Multiple Take Profits
Remember that a win is still a WIN, you dont need big profits to be profitable in the market. You need small consistent wins and over time you will see the difference
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USOIL LONGS 📉📉📉📉 Expecting bullish price action on USOIL as we are in a huge bullish market strucutre from a technical perspective, look to ONLY LONG this asset. I will try to LONG it from D1 Imbalance area or 100$ institutional figure. From a fundamental perspective we are STRONG BULLISH during Ukraine - Russia conflict + market seasonality that is strongly bullish on OIL
I will switch my bias only if price will close below 90$
What do you think ? Comment below..
WHEAT LONG-TERM LONGS 📉📉📉📈 I just wanted to share with you the reason behind the big bullish move on WHEAT, Ukraine is the country that exports the most wheat in the Europe so the price will rise because of the supply damage. Also as we are in a RISK OFF market sentiment investors tend to buy this asset as they are thinking about PROTECTION both on money and themselves. I think we will see wheat way above 1200-1300$ if the military conflict it will continue. From a technical perspective we are in a clear bullish market structure as price keeps printing higher highs and higher lows
What do you think ?
USOIL LONG TERM SELLWith everything happening around the world especially what's happening between Russia and Ukraine it affects the prices of USOIL. We see price continuing to push up to either $136 or $140 before dropping to at least $40 in future. World peace is what we pray for and we pray that the war between Russia and Ukraine can come to end regardless who's right or wrong.