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Usoilshort

USOIL Sell in RALLYMy short-term outlook before was sell at $ 81 and profit level $ 68. Few days ago I felt short-term we may see opportunity to buy in the $ 71-73 range for $ 78 profit taking. the stop-loss was at $ 65. The 10-MA vs 50-MA is highly violated of course due to the sharp fall. The stop of $ 65 is still protected and I suggest to keep it this way for now. the previous buy $ 71-73 should be liquidated in the $ 69-70 area and to go short from there with a stop-loss above $ 74. Profit level to be near $ 50.
TVC:USOILShort
by peterbokma
USOIL can move lower 🦐USOIL on the 4chart tested for a 2nd time the strong resistance at the 85 level. The market after a rejection is now trading at 81.30 area over a support and according to Plancton's strategy if the price will break below we can set a nice short order. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TVC:USOILShort
by InkyGrip
14
USOIL SELL TRADE IDEAHello everyone, if you like the idea, do not forget to support with a like and follow. We do have a W pattern formation on the Weekly. We can expect a rejection to the downside, and we still didnt see the retracement to the 0.382 so a deeper correction does seem possible On the daily, we can see an ICI strategy and is currently testing previous daily support which it has tested 2 times and now currently testing as resistance which if we see a candle closure below this support. Taking the fibonacci on this daily impulse we can see that the market has retraced back to the 0.618 golden ration taken on this daily impulse. On the 4H time frame, we can see the area is acting as support, while MACD is below 0 but EMA's have just slightly cut for long, so if the market manages to cut below this support, EMA's will cut for short, so the break and shift of the environment, on the retest and when EMA's line up with structure. Stop loss is above the high or above the 0.786 of the fibo on the impulse and take profit on the fibo on the daily retracement. Trade Signals SELL Entry: 81.04 Take Profit: 77.11 Stop Loss: 82.33 Good luck! All Strategies Are Good; If Managed Properly! ~FX_SHIFTER
TVC:USOILShort
by fx_shifter
WTI Cude (OIL) SELL TRADE IDEA 💹WTI Crude Oil ⏬ SELL @ 80.99 ✅TP-1# 80.09 ✅TP-2# 79.10 ✅TP-3# 78.10 ⛔️SL 82.00 N.B- If have small balance to trade. Plz avoid OIL trade now. Because market highly volatile. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
TVC:USOILShort
by AronnoFx
Crude Oil OutlookGreetings traders. Today I am taking a look at the oil and its possible future moves. Generally, like other indices and commodities, overall, oil is bullish. In the channel above, we notice that price has reversed off the channel's diagonal resistance and broke below the trendline. Price gave us a nice retest which potentially confirms the reversal continuation. Oil is positively correlated to the Canadian Dollar as Canada is one of the top exporters of oil. This means the price of oil dropping will affect XXXCAD pairs positively, and CADXXX pairs negatively. Going into this coming week, my focus will be on these CAD pairs and trade 2 - 3 high probability setups. One of these will most like be CADJPY. Japan imports oil. A decline in the price of oil is most likely to be in favor of the Yen.
CAPITALCOM:OIL_CRUDEShort
by Magnatrio