USOIL is setting for H&S patternUSOIL reached it's previous high yesterday but it declined at the end of the day. I see that USOIL probably is going to set for H&S pattern. If you open the 4hour chart you can see H&S but you can spot it as well on the daily chart. There is a fractal. Follow me for more ideas.
Usoilshort
US OIL ::: BEARISHDATE: 07 MAY 2021
INSTRUMENT: CRUDE.
TIME FRAME: 1 HOUR
TREND: SELL
CMP: 64.22
SELL: 64.22
STOP LOSS: 65.74
TARGET: 63.20
RISK DISCLOSURE:
We are not S E B I registered analyst. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Friday: Crude Oil - Week 18I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos 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 channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
USOIL 64.00 + 1.46 % SHORT IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE US OIL.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
USOIL, 8hr tf, sell on trendline retest
As you can see i draw a descending trendline which will be our resistance for USoil.
As long as price below this trendline and hold below 64.50, we could see further decline in USoil.
I am planning on taking sell positions for USoil.
This trade gonna have 110 pips stop loss so use proper risk management for this pair.
Desclining oil coulf provide fuel to our AUDCAD trade ideas which i shared as well. Check my link down below as well
Sell USOIL 63.40
Stop loss 64.50
Take profit 57.60 (5.2R)
Use only 1-2% risk
Good luck
US OIL MARKET BREAKDOWN Bit of strange and I felt uncomfortable recording it but it had to be covered! Fundamentally oil is bearish but technically it is becoming bullish again!.
I have not provided any trades on this video as at this time it is a no go until price develops properly! We sit, watch and wait for the right price!
Come join us down below!
USOIL 61.19 - 1.94 * PRICE ACTION & STRUCTURE CONT. PTTNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE CRUDE/ USOIL .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
USOIL 61.34 - 1.68 % * OVERALL VIEW PRICE ACTION & DIRECTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE USOIL FROM A MONTHLY CHART TO DETERMINE OVERALL VIEW ON THE ENERGY AND POSSIBLE DIRECTION LONG TERM.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.