Usoiltrade
📢US OIL Going down 😮It sure looks like Oil will be heading lower from here. take a look at those nice red candles 🛢🛢🩸
📢USOIL, we'll know the direction at close of the daily candleThis is on our watchlist 👀 ... If you like the Analysis feel free to drop a like and leave comment, we are grateful for all the love out there 🤍
USOILPrice tested the flip resistance. The market is currently printing a descending triangle consolidation pattern. Possible price action patterns indicated.
OIL - Black dilemmaThis is not the best setup , I'm not going to trade this because right now there are much better possibilities on the market.
The 2 reasons it's worth taking a shot :
1. 200 SMA
2. Time wise we are arriving into the timing band of the possible ICL decline.
After the severe declines the 200 SMA acted as an important resistance many times
I used it in a few ideas too:
Right now we are in the 3rd daily cycle of this intermediate cycle.Oil had every chance to break the 200 SMA and start a trending move. It didn't happen though.
The 50 SMA and 200 SMA forms an unbreakable resistance after the strong uptrend from the negative prices.
I'm expecting a bottom between the end of October and middle of November.
I will use the Fibonacci retracement to set a target:
the 50% retracement seems a reasonable target in this decline.
Being AgressiveIn the last operation i didn't wait for the peaks at the AO... now i know we are in a stable downtrend.
US OIL Long term short opportunity Whats going on everyone.
My favourite setup of the day is USOIL.
You can clearly see this asset is in a bearish structure, with a lower low, and now a lower high formation.
So whats next, logically? A new lower low.
We're starting to see OIL struggle in between the 61.8 and 78.6 fib extensions, and sellers are beginning to push price down.
Im short from this area, with stops set quite tight here.
Target: 34.06.
US OIL MAY CRUSH IN THE NEXT WEEKS ( TIME WILL TELL ) Please share with me your thoughts about it
Regards
USOIL Long PlayUSOIL looking perfect for a long
Huge rejection of the 78.6 as well as a higher low on the 1H timeframe.
The prior wick indidcates some strong buying pressure from the region below and a long makes a lot of sense.
Stops just below the prior hourly wick, take profit at $44.
Hope this helps.
US OIL ANALYSIS & FORECAST FOR THIS WEEK - GRAVITY CENTER Please share with me your thoughts,
Regards
Crude Oil Buy SetupDISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
USOIL: +300 Pips Is Waiting If We Broke This Res Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Oil shortShorting oil from the 41.00 region down to $38.00.
I am using a 30 pip SL for a 200 pip TP!
USOIL SHORT IDEALooking at a nice litte short this afternoon, waiting for confirmation before pulling the trigger
USOIL - SELLExpecting OIL to take a drop this week to its previous level of support, once this current level has been broken
USOIL CRUDE OIL FUTURES LONG SET UP TO $44US OIL LONG DROP
P 39.54
S3 35.4 S2 37.47 S1 38.49 R1 40.56 R2 41.61 R3 43.68
CRUDE OIL FUTURES
TITLE : BUY USOIL
ASSETS : COMMODITIE
SYMBOL : USOIL
ORDER TYPE : (EP1) market
(EP2) LIMIT ORDER
TF : 1W
ENTRY PRICE 1: $37.98
ENTRY PRICE 2: $37.08
STOP LOSS : $36.20
TAKE PROFIT 1- $38.98
TAKE PROFIT 2- $40.08
TAKE PROFIT 3 -$41.98
TAKE PROFIT 4 -$43.08
STATUS: ACTIVE
