USOIL top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Usoiltrade
USOIL TRADE PLANWeekly, based on what I've seen, they've already managed to break out.
As a result, I want to short this between $93.47-$94.22, with a target of $84-$85.
Any rejection between $84-$85 appears to be a good entry point for a trade to $100-$107.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
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US OIL Long zoneDon't forget to Click on the Follow Button for More Daily Detailed Analysis. Also, if you have any questions, Please do ask them in the comments Section.
Current Global market sentiment is still moving Oil prices up on fears of supply. This market sentiment can change at any moment, but we must trade safely in order to be consistently profitable as a Trader.
After seeing price rejection and a small sustained move south towards Daily Support, we can use this dip as a zone to take some intraday gains.
This is helpful for those who currently holding shorts and have seen a rise in price. Look to exit at previous resistance towards highs.
OIL intraday Long..Press the Follow Button to get More of my Daily Detailed Analysis. Also, if you do have any questions, please ask them in the comments section..
US OIL has arrived at some intraday support for Long Trades. This is ideal if you have previously been short OR are still holding shorts. These areas are ideal to take Alternate gains.
Long Term we are still looking to accumulate Trades on the Short side before Market sentiment changes.
Look to exit towards highs at KEY resistance that is newly formed.
Oil Possible Top?We've been tracking a count on US Oil and it looks like the intermediate top is in for wave 1, if that's the case we can set up for a nice short trade for the wave 2 coming down to the 75-80 dollars range. If you do want to make this trade we'd suggest putting your stop at 92 dollars with a take profit at 80 giving a very healthy 1:5 risk to reward opportunity.
HTF intention with LTF execution 📉📉📉🎯 I will try to explain how do i use HTF in order with LTF.
✅ HTF - higher time frame usually those are timeframes that are higher then H4 like D1,MN1.
✅ LTF - lower time frame usually those are timeframes that are lower then H1 like M30,MAT,M5
When i take trades i wait for price to approach a HTF POI and then zoom out on LTF to find a better risk-reward entry like the photo says HTF intent LTF execution helps you to get a better risk-reward ratio and a higher probability trade, this is working on every financial asset from crypto to forex to commodities and stock market
✅ POI - POINT OF INTERES an area in the market where price have a higher probability to go bullish then bearish lets say 70/30 % probability.
Example price come into a ,,support,, area this means we have a BULLISH POI we have a better probability to go higher then lowe
USOIL top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USOIL Price Target for this yeari see a return to the $104 level sooner or later this year caused by the supply concerns and political tensions in Eastern Europe and the Middle East.
There is a possible disruption to European energy supplies because of Russia - Ukraine border crisis.
Crude oil prices will likely stay at the 7 year high since OPEC+ will keep the existing policy of gradual increase of production.
Looking forward to read your opinion about it.
CrudeOil, let's set the Stop ProfitI have to say that MCS did an amazing job this time too .
Since we entered there has only been a small drawdown on January 20th, and then it decided to reverse the trend, or at least make a nice pullback, and we are sellers on the highs!
Now we have to do something that for many will be incomprehensible, others will certainly not, and finally the last will accept it because they know how certain portfolio management works.
We need to set the Stop Profit just below our Entry Point.
We need to secure this trade, and assume that I am the first to want to see a profit go to target, but we need to save our buttocks from a hypothetical reversal of the reversal and a resumption of the primary trend.
You have to think: If I go to Stop Profit I have not lost anything. This is the winning mentality, I push when there is a need to push towards the target and I also accept the cancellation of my analysis without losing anything, indeed earning a few pips.
I close the parenthesis on the mindset and insert the Stop Profit at 85.50
USOIL Future Important Zone's To Keep An Eye On.#USOIL Analysis
Million$ Trades If Traded Safely And Wisely.
Crystal Clear Zones, In Need Of Price Action + Dont Forget To Match With Your Strategy.
Like + Comments Will Be A Big Support. My Gift To All The Investors, If You Benefit Dont Forget The Support.
Disclaimer:
Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
USOIL INTRA-DAY SHORTS 📉📉📉Expecting bearish price action on this pair as price takes out PDH ( previous daily high) where a lot of liquidity is located from yesterday trading day, if price rejects with a M30 bearish closure then we go lower.
Perfect targest into PDL
What do you think ? Comment below..
USOIL Potential Head and Shoulders FormationUSOIL made a massive move after the pandemic and it's now moving in a range. It's currently trading in the resistance zone. Based on previous price action, it seems like it will complete this Head and Shoulders pattern over the next few weeks.
But it's quite possible that it will continue its move upward after completing this pattern because there are fewer chances of a breakdown. This analysis will be considered wrong if it touched 78.30 level before completing the pattern.
Thanks!
Best Regards,
Trade Like Pros.
USOIL LONGS 📉📉📉Expect bullish price action on USOIL as price takes out liquidity on the retail trendline, rejected a nice M15 bullish orderblock. Price is in a bullish market strucutre and should rise because of the risk off market environment + bearish gap that should be filled on usoil, lets go for 3R.
What do you think ? Comment below..