As you can see, the price reached a daily bearish FVG and had a bearish reaction, so we are looking for a sell position.
I am searching for a premium entry, there is buy-side liquidity below FVG which aligns with the balance price range.
Until we don't close the candle body above the Daily FVG, I am bearish.
💡Wait for the update!
🗓️15/04/2024
🔎 DYOR
💌It is...
USOIL is at the verge of making a "terrific" decision.
I am selling and looking for a breach.
My Elliott Wave Analysis points me towards a Intermediate (C) wave.
Comment or DM on this.
P.S. It's that "sinking Titanic".
WTI - Intraday - We look to Sell at 91.78 (stop at 95.24)
The medium term bias remains bearish. A firmer opening is expected to challenge bearish resolve. Resistance is located at 92.00 and should cap gains to this area. We look to sell rallies.
Our profit targets will be 84.10 and 82.00
Resistance: 92.00 / 100.00 / 112.00
Support: 84.00 / 68.00 /...
WTI - Intraday - We look to Sell at 96.74 (stop at 100.41)
The medium term bias remains bearish. A sequence of daily lower lows and highs has been posted. We can see no technical reason for a change of trend. There is scope for mild buying at the open but gains should be limited. Further downside is expected although we prefer to sell into rallies close to the...
WTICOUS or better known as the West Texas oil has a Bullish Gartley Pattern completion at 109.14, this is the price you could wait for buying opportunity to continue on the bullish trade setup.
Fractals or not really a thing in this market, but i just had to show this one because it looks so similar. I remember back in Sep/Oct that the last big wave up was just to bully out the bears before it would drop. This last move of the past week gives a similar feeling to me. So i took a closer look and i remembered the movement of 2018 and seeing these...
