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Usoilsignal

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.
FX:USOILShort
by Kingsley_lotanna
US OIL MARKET BREAKDOWN USOIL moved volatile today with rallies to highs then a 400 pip pullback, Tensions in Russia are still raw and Ukraine have begun attacking petroleum sites on Russian soil which is a very brave move. The fall today was influenced by the DXY reversal albeit it isn't 100% influenced by it. I mentioned weeks ago that $185 dollars a barrel is my target for USOIL and the way things are going it isn't out of reach. If you haven't read any of the financial warfare posts I recommend you do so to have a greater understanding of the current geopolitical situation. Geopolitical situation in short: Yesterday the FED raised interest rates but DXY had been climbing well before and price was factored in (we covered this in advanced) which is why we saw the drop instead of another climb higher. A V shape recovery has been made which is a VERY BULLISH sign and DXY should push higher. Since covid-19 the whole global economy has been printing money with no regard for the outcome but it fairness they needed to keep the economy floating. The FED state they have things under control but in reality they have no clue how to deal with this mess (30-45% of the US currency in circulation was printed in the last 2.5 years 'HUGE RED FLAG'. They are trying to tackle inflation by raising interest rates and this has a direct correlation with USOIL. When USOIL is this high it prints a global outlook and shows we are heading into recession. Now as I sat down tonight to watch the news economist experts are predicting a global recession and it's down to Russia hmmmmmm... where have we heard that before? oh yeah in our financial warfare write ups. It's no coincidence, this was all called well in advanced and we knew Russia would be the scapegoat for this although there has been no coverage on the money printing. DXY GOES UP, STOCK MARKET DROPS AND BUBBLE BURSTS! Recession is coming and USOIL at $185 a barrel will send it straight to us. USOIL: USOIL will bounce around a bit and the longer it takes to push higher the more chance there is of a dip. I will be looking for a swing trade in USOIL and I need it to dip to 104.70-50 before I entertain a swing long. 109.70 needs to break for a chance of pushing higher and 104.60 will act as the support. We have had a new high confirmed in this uptrend so there should be more bullishness to come. YOU MUST USE THE LINK BELOW TO KEEP FULL UP TO DATE WITH US! We have two more predictions to come through. BOYCOTT of Russian OIL and GAS RECESSION
TVC:USOIL
by UnknownUnicorn33264805
3
USOIL MARKET OVERVIEW USOIL - MARKET OVERVIEW At the start of the week USOIL came look bearish but made a great recovery and pushed to the upside before a classic weekly closing sell off. It's important to focus on the higher time frames right now as we can see USOIL made a new higher low but failed to make a new higher high and was met by a strong resistance area and even had a fake out. USOIL is still fuelled by the conflict in Europe and it will continue to have a strong grip until tension can be settled (it can move any direction at any time). Economies are struggling and feeling the burn so they will look to try and decrease prices to ease the effect it is having the global economy. I am Neutral and slightly bearish on USOIL, above the top blue zone we will see a quick move to the upside and below 98.70 there should be a sell off. Make sure you use the link below to follow us more closely, ------------------------------------------------------------------------- Pip count this week 💰🏆 / +1035 pips WTI SHORT / 74 pips ✅ GBPUSD LONG / -26 pips ❌ WTI SHORT / 185 pips ✅ WTI SHORT / -10 pips ❌ GOLD BUY / 70 pips ✅ GOLD SELL / 170 pips ✅ WTI SHORT / 200 pips ✅ GOLD SELL / -30 pips ❌ GBPUSD SELL / 67 pips ✅ GOLD SELL / 30 pips ✅ WTI SHORT / 60 pips ✅ WTI SHORT / 130 pips ✅ GBPUSD SELL / -30 pips ❌ GBPUSD SELL / -15 pips ❌ WTI SELL / -70 pips ❌ WTI BUY / 100 pips ✅ GBPUSD SELL / 20 pips ✅ GOLD SELL / 110 pips ✅ 18 trades taken 12 wins ✅ 6 losses ❌ 66% win rate
TVC:USOIL
by UnknownUnicorn33264805
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bearish price action on USOIL as price takes out weekly lows and fills a bullish imbalance on the H4, we have a clear bullish market strucutre from a HTF premise on this chart and we should go higher somewhere around 120 price area where we have a lot of bearish imbalances. From a market seasonality stand point we are in a CLEAR BULLISH SEASONALITY meaning the price of USOIL should rise more and more, way above 130$ per barrel. What do you think ? Comment below..
TVC:USOILLong
by AnonimFXRO
USOIL LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USOIL as we are in a bullish market strucutre from a H4/D1 perspective, price is rejecting right now a bullish orderblock area on H4 this area could act as a valuable area of support if you will. Another reason why i think we go higher from there is because price has a lot of bearish imbalances near 120$ area that are still opened price could be magnetize there to fill the price inefficiency. What do you think ? Where we go next ?
TVC:USOILLong
by AnonimFXRO
4
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..
TVC:USOILLong
by AnonimFXRO
4