xtiusd short Xtiusd short short pattern
Xtiusd is completing its Head and Shoulder pattern
Sell at 108.6
Tp 106
Tp 100
SL 114
Xti
USDWTI D1 - Long SetupUSDWTI D1
Mentioned about that daily close... Price confirmation is always relevant to the timeframe analysis. Especially when swing trading using these H4 and D1 zone.
The ultimate buy signal would be to see an engulfing candle from support upon todays daily close. But this may ruin RR potential.
XTIUSD Short (EMA Death Cross)50 Crossing below 200.
Lower Highs printing
Broke below Support
Currently trying to retest
Expecting further downside after Prior Support Rejection
S/R Flip.
WTI XTI USoil Crude Oil Supply And Demand Analysis-Uptrend is still intact.
-correction, impulse, correction, impulse.
-Inflation, war helps the strength in oil.
-WTI up25% for 2022.
-Yes, it's overextended but we still have not
seen sellers take control so with price
at its current location, I will be looking for longs
with confirmation.
Any questions don't hesitate to ask or reach out to me on social media @moneyballaustin
XTI CRUDE OIL SUPPLY AND DEMAND ANALYSIS-Price Continues to grind higher and higher.
-OIL Is up +22% for the year making it one
of the best-performing commodities.
-News on Russia/Ukraine = demand oil.
-Inflation.
-Don't be the idiot trying to sell this thing with no confirmation.
Yes, shorting 1min scalps is fine but I do not recommend
trying to hold a short for over 24 hours.
USDWTI D1 - Bullish SetupUSDWTI D1
Change of bias again on WTI, we didn't manage to close south of resistance last week, 5th bullish weekly candle seen.
Additionally, the daily candle looks like a solid break and retest play with a nice daily wick rejection. I feel we could start to rally towards that $90/barrel price in the near future.
USDWTI D1 - Short SetupUSDWTI D1
Really hoping that this $85/b price holds. We are pushing last years previous high price. Before this, we hadn't seen WTI this high until 2014.
Could see us trade down to around $75/b again before looking to extend higher, this would see a healthy correction from our latest daily extension. We could then look to position ourselves long on certain trading supports and correction zones to break this yearly high.
USDCAD H4 - Short SetupUSDCAD H4
Here is the break we was expecting in line with USD weakness and continued CAD/WTI strength, as WTI broke that $80/barrel, we saw CAD climb in strength.
Looking for the pullback to the broken support (now resistance price) to offer short entries, in line with a solid confluence stack.
usdwti short its making a flag pattern
but its near to the resistance expecting it to fall below
the bull power is weakening so far
Oil Missing leg will take Oil to new highs before a correction on a bigger scale will occur,
im looking to short the Oil when it hits new highs with tight stop losses and a previous wave 4 target.
Nice Buying Opportunity On USOILOil is currently stuck in a range, and is highly likely to breakout to the upside due to demand increases. Be careful of swap/rollover fees
XTIUSD SHORT TRADE 2HR OIL USOIL ENTRY : $59.300
STOP LOSS : $60.300
FIRST TAKE PROFIT : $58.480
RISK : 1% CAPITAL
Once first take profit target is hit i will close half the position. We will then look for continues of trend. As we have more information i will follow up with an analysis on remaining open position.
GL.
Please feel free to comment and discuss.
If you like this idea or traded it with me please like and follow for more ideas.
WTI short / Expecting a ranging marketWTI has earned us plenty of profits during its bullish run that started about 2 weeks ago, but ever since hitting the 2021 top we have moved into more of a ranging market.
We've taken a short and have one more sell order at the upper orange level as there is a chance of a retest and that is where we expect/believe bulls to get "tired" and price to reverse back down.
We see good reasons for most commodities to drop, including XAUUSD and XAGUSD.
As for the reason to short WTI, we have our classic 30% fib resistance, price making lower highs and currently being at the top of its range, it might not be 100% ready right now but we do believe it could be the case soon enough.
BRENT OIL Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on WEEKLY: BRENT OIL is sitting around strong supply in blue so we will be looking for sell setups on lower timeframes.
on H1: BRENT formed an objective trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
OIL - Wick EntryI would be nice to attempt to get a wick entry from key previous structure down to the next key zone marked. Let's see if we get a significant pullback followed by rejections before we consider a sell.
USOIL Sell Setupon DAILY: USOIL is sitting around a strong resistance zone so we will be looking for sell setups on lower timeframes
on M30: USOIL formed an objective trendline in blue and broke its last swing downward. we also have a divergence on MACD adding more confluence to our setup.
But since the break happened a couple of hours before the market close and because the price is sitting around the round number 40.0
Let's wait for a momentum candle close below 40.0 in green before selling for extra confirmation.
Good Luck!
CRUDE OIL video top-down AnalysisHello everyone, here is the top-down analysis for CRUDE OIL, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Shiller Version 2 for Wk Open 9/14 In 1998, Robert Shiller--the Yale economist and Nobel Prize winner-- formalized that idea in a paper, "Valuation Ratios and the Long-Run Stock Market Outlook" and a book, "Irrational Exuberance." The latter made Shiller something of an economic prophet. In his book, which came out shortly before the dotcom crash, he warned that stocks were overvalued.
What is the CAPE ratio? It describes the price-earnings ratio over 10 years, rather than on a particular date. Called the Shiller P/E, it is calculated by dividing the price of a stock by its average earnings over the past 10 years, adjusted for inflation . It can also be used on an index such as the S&P 500 .
Do you have any TRADING related QUESTIONS?Price is currently in a good BUY zone, this area has previously been used as strong resistance which has now turned into support, so i am expecting bulls to step back in and push price higher from here. If you do take a trade from this you can keep a tight stop loss because if price did break such a strong support then it has the potential to fall some way.
Nice and simple setup that most people could find if they didn't over complicate thigs all the time!
If you would like any help trading or have any questions then just message me and i will be happy to help.
