Usoilshort
US OIL MARKET BREAKDOWN Good Evening traders;
First of all make sure you are following the signature at the bottom of this idea...150 pips profit secured today.
Now lets get into it;
Oil had some slight pullbacks but ultimately we closed bullish...I never say never but 80.20 is highly unlikely at this level so 84.50-30 now becomes my region of interest for a swing buy. This level is still possible as should any of the current structure give way then the old structure lies below at the stated zone. PLEASE DO NOT THINK I AM BEARISH...I HAVE BEEN CALLING $90+ SINCE DEC 21 BUT I AM MERELY SHOWING THE POSSIBILTIES OF PULLBACKS BEFORE THAT REGION COMES THROUGH.
If OIL starts pushing any higher into the $90s before a retest of $84.50-30 then it will do so quickly and with volatility. Ultimately I am waiting on a manipulative drop to buy oil but I need to sit on my hands and wait for this. My bias hasn't changed and I have marked my next regions of interest. The longer oil goes on without a proper correction (Lots of untested regions of support) the harder it will fall when it does...this is why I am waiting for the drop first.
Oil reacted perfectly with all given zones today.
OIL SHORT TARGET.For More Daily Detailed Analysis, Don't forget to click on the Follow button. Also, if you have any Questions, Please do ask them!
Here we have the WEEKLY OIL chart..
We have recently seen a clear MM stop as bigger short positions enter the market above the previous high..
Risk management and patience are needed when trading STRONG market sentiment moves..
Look for a LONGER TERM exit at the eclipse symbol area. Trade the move in stages if preferable.
Short then Long (Entered this scalp earlier) Currently short on OIL and looking to take it towards the S/D zone or channel bottom, before then I'll look for reversals.
This is a retracement, price is still very bullish on higher TF's and fundamentals.
* 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.
US OIL MARKET BREAKDOWN Hello traders and welcome to our opening week breakdown...Lets cover oil in all its glory.
After Tuesday oil broke away from it's bearish correction before reaching it's target zone...I stated we must stay open to this idea and that oil could do this although it's in need of a pullback. As oil pushed higher during the week we have another bullish weekly candle and we can expect price to go higher but until there is a clear break above 87.97 then I would be open to the possibilities of those pull backs first. We had two daily DOJI candle's showing indecision at a crucial zone so price will get interesting from here.
Please don't think I am being ignorant to the bullish move as I stated oil would have a very bullish Q1 and Q2 expecting price to breach into the $90 region so we are still inline with the overall analysis. As stated before Oil will need some serious momentum and drive to breach this $87.97 region...this breach will either come from technical or fundamental data. If the breach comes from fundamental data (news, data, inflation etc) then the move will be large and parabolic but should the move come from technical data then we need to open to ideas of pull backs to obtain liquidity. The longer oil goes without a significant pull back the more volatile the drop will be when it does come.
We can see that oil has met a ranging region which it needs to break from either way...the candles show downside but Between 84.64 - 87.97 the areas are very choppy so we can't rely on candle data alone. Confirmation is needed but likely when the move comes it will be fast.
I am looking to long oil from SIGNIFICANT PULL BACKS ONLY (MANIPULATION). Set ups are available by following the signature.
PDL vs PDH Educational 💰📉 I tried to explain in this example how i use PDH/PDL to spot intra-day reversals, this happens on all the financial instruments from forex to crypto. Take a look and study this concept.
What do you think ? Have you traded it ?
USOIL ; Time to start a new down-trendAfter a significant pump in the price of USOIL, we can see a prominent divergence on the price and RSI, on both daily and weekly time frame.
I think the price has tried enough to get to higher targets, but it will not be successful since now.
USOIL SHORTS 📉📉📉📉 Expecting bearish price action on USOIL as price takes out a lot of buy side liquidity areas on a swing premise + taking out intra-day asian highs stops and previous daily high, i think we should go bearish from there into 83/82
What do you think ? Comment below..
usoilHello traders. I expect the price of oil to break this line, initially $81.5 and in the second stage $79. Are you agree?
US OIL intraday..For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
Looking at our USOIL charts again, we can see the recent Rally has continued on the Rebound of Global indexes. This positive market sentiment is taking us back up to short zones.
We are far off our Moving averages on this large move up.
We can now RE short at these areas and trade small. We are looking for short term gains off the top and exiting at the eclipse symbol area at Comfortable early support.
Remember to trade carefully and small on OIL in the current climate.
WEEKLY HIGH vs WEEKLY LOW ✅I tried to show you in this example how i use weekly high / weekly low to spot intra-week reversals bearish or bullish.
Just look for a drop below previous weekly low and a bullish confirmation - intra week bullish reversal
Look for a rise above previous weekly high and a bearish confirmation - intra week bearish reversal
Plain and simple, have a great trading week. ✅✅✅
Crude Oil 4Hr Analysis, Jan 25th NY Session3 Reasons why I believe this commodity will go bearish and create cad weakness.
I think it is possible we can touch 81.60$
OIL with an UPDATED Longer term Picture.Here we have our US OIL chart again..
If you have seen my analysis before, you will have heard us call oil short repeatedly, expecting a MM stop.
An MM stop is an area where price beats the last high or low slightly and causes stops to be hit. This is because MM's like to get their orders in at a good price due to their size.
Great sentiment drove oil up in a large rally. Sentiment swaps and we see FALLS. That is how markets work.
This target is Weekly and may take longer, but we are looking at the eclipse symbol area for an exit. Remember, you can exit on the way down as it is much more preferable.
WTI USD SHORT entry good time to enter in wti-usd for short position after a clear confirmation,
you can enter after breakout
enter after pull back in 5 min time frame
so many confirmation for the down rally so a steep drop wont be a surprise in this time
USOIL UPDATEGood Evening guys;
Beautiful short taken by our community today...Falling further is something I expected as stated in my last breakdown. The drop was called and I said a "FREE FALL" will take place below 84.74 which is exactly what happened. This is no coincidence as we know where the market it going.
My bias hasn't changed on oil and I am still bullish and as we can see we have a nice down trend channel forming. Again the rise from $74 to $87 was called and then we would starting seeing pullbacks...You can't make this type of accuracy and knowledge up!
Oil is now below a significant resistance point which until it has solid closures above oil will continue to fall further, although we can see bulls taking back ground I still see $80.40-$79.88 coming through before we move towards $90 again. The market will be confusing for many but not for us, we know where the market is going and we know how to trade with the institutions. our sell limit wasn't met so this was changed to a sell order missing out on our TP by 12 pips but we were still able to secure around 250 pips today.
Fake outs to the $85.20 region are very welcome and I will look to short given the set up and conditions are correct but as soon as I see 80.40 -79.88 I will look to long.
Great trade.
Great result.
Great community.
Follow us to keep and use the signature for our trade updates
US OIL Falling Plan..For more Daily Detailed analysis, go ahead and click on the follow button. If you have any questions, please do ask them!
After closing former positions we are looking for a fresher approach to our trading plan on oil..
We have seen oil have a huge Rally on strong market sentiment over the last few weeks, allowing us to get on the short side with careful/accurate position sizes.
As we know, what goes up must come down again. This is true in the markets because ultimately Price will get Rejected and the direction of the market will change..
It is therefore imperative NOT to act as if this will not happen. It will. and it always does..
Look for eventual exit at Eclipse symbol area.
USOIL shortFor more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
Here we have our USOIL chart again.
On the huge rally up we are getting short. We are starting to see downside impetus as PREV high’s were reached.
This is a HIGH price and shows us a previous level for short side trades.
Remember to trade small on OIL and manage your risk accurately. This includes lowering trade size against strong sentiment.
Also remember you do not need to hold every trade all the way down. You can exit and RE short.
Exit at eclipse symbol on your entries.
Every Trend has an end. Looking at long term markets in detail.Don't forget to click on the follow button for more Detailed Daily Analysis and ask any questions should you have them,
There is a large debate around the current US OIL market. Many think it will go up and up forever. Unfortunately, that is just not how markets operate..
Markets move up and down based on sentiment (market news and buyer/seller strength). This drives the market up and it drives it down. What puts a market up for a large rally is good or positive news surrounding the commodity in question, In this case it is oil.
Positive news sentiment has led to a large increase in price. BUT, after these long moves, we get changes in sentiment that draw prices downwards. If you look at the rally size on OIL you will see it has gone up for a long time and is due a pull back down to reasonable prices.
If you are worried about it, flick back through your charts. Look at ALL the other times it has happened and make your reasoning.
If you are going to go short, trade it small. Also, Like now you can continue to short on the fall after price begins to move away from Previous highs.
Remember these trades will Not be overnight so do not treat them in such way. If you are short, trade small and have patience.
Current fundamental analysis is showing positive market sentiment. This is based on the latest news out around the tightening of supply and the increase in demand.
Be sure to check the news around oil when trading it as it is heavily sentiment driven.
Mark my words.Oil is topping. Contrarian signals are going off everywhere. Take profits while you still can if you're long energy. The recession is here.
usoil ready to drop are you ready ?usoil ready to drop are you ready ? we expect bearish move now because market break made new high don't missed setup
💡Don't miss the great Sell opportunity in USOIL!Hi dear Members . Hope you all are enjoying our ideas and analysis. Now we are here to update about USOIL . USOIL is exactly Moving according our analysis and We expect to reach the first and second goals if the trend line is broken. Make sure that the trend line drawn in the figure is broken before entering the trade.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
USOIL TRADE IDEASGood Evening guys;
Market open tonight and I am looking forward to see where oil will open...If you haven't read my most recent breakdown make sure you do so as it gives contexts to these two trades. It's not often I post the positions that I play on taking on trading viewing so I hope you enjoy these...We bagged around 350 pips by the end of the trading week and we look to carry it on this week. These set ups could change so make sure you are following us and use the signature down below for even more content.
Disclaimer:
This isn't financial advice and trading carries risk! Do not overleverage
