Trade Wars, Short Sell on XTIUSDTrade Wars, Short Sell on XTIUSD on the basis of different principles.
Xtiusdshort
OIL....FALL (4.8%)Shorting Crude Oil to a RR of 0.75% to 4.8%.
During the opening of the New York's market on Wednesday, there was a strong bullish candle as a result of the strong ADP Employment Change on the US economy, which accelerated the US dollar, this also had an influence on XTIUSD.....
Now, i see a perfect time for shorting XTIUSD.
NB: i'm expecting a price circulation within my triangle to complete its movement.
XTIUSD - SHORT IDEABEARISH TREND CONTINUES
LH , LL formations
Price took rejection from 61.80 % FIB level, along with the Trendline, acting as Resistance.
Currently, price is getting rejected from 78.60 % FIB and Hourly Resistance.
In this process, a LL, and LH are created
Bearish Engulfing found at LH
Strong Daily support lies below, if it is broken, a short entry will be taken.
XTIUSD - SHORT (2)BEARISH STRUCTURE continuing
Shooting star spotted at LH
Entry: 99.10
SL: 100.18
Short position
XTIUSD - SHORTBEARISH STRUCTURE forming
Short Position open
LH, LL
Inverted Hammer and Bearish Engulfing at LH
Entry: 100.73
SL: 103
XTIUSD Short: Shooting Star Formation on 1Hr Time FrameTrend: The current trend of the market is upwards.
Short: The decision of taking a short position from here is based on the shooting star pattern. It shows the potential decrease in the price from this point.
XTI/USD shortLovely structure on this pair. Failed to break the previous high. We impulsively sold off. After forming a tight bear flag I see this pair falling another $10 at least, as around $95-97 is the lower support level.
Let’s seeee
Crude Oil Sell Setup and confirmationCrude Oil has already ended up with its bullish movement and made a breakout in both D1 and H4 time frame. now Its ready for the downtrend journey. The price already broke the support and also retested the support.
We are expecting down trend now unless any fundamental news comes. Few weeks before EU put ban on Russian OIL and Few other fundamental news released as well. For that reason, OIL was sky rocketed and now market is getting stable.
Technical Analysis:
In 17th June, market was closed at price 110.40. from the cloud breaking strategy, we can see it started to create down-trend. Again, 110-110.40 was working as one of the strongest support for OIL and a successful breakout can lead oil till 106.02 and 99.26.
Signals:
Crude OIL
SELL from 110.00
SL# 113.13
TP# 106.00
Crude OIL (XTIUSD) AnalysisTechnical Facts: Considering Technical analysis, Crude Oil already touched the second highest price in this week. now it’s high time for retrace. The Immediate support level is 117.80 to 118.20. A Strong break can lead the oil price till 114.18 which is the strongest support of 114.18.
Fundamental Facts:
Russia is one of the largest producer of Crude Oil in the world. a recent ban was imposed on Russia in 3rd June, 2022 by European Union. When supply decreases, demand increases and the price goes up. if EU cant convince Saudi Arabia to produce more oil and make a balance of the demands, the price might go up till 130 as well. therefore, the analysis might be invalid.
Signals:
CRUDE OIL
SELL STOP 117.80
SL# 119.61
TP# 114.18
xtiusd short Xtiusd short short pattern
Xtiusd is completing its Head and Shoulder pattern
Sell at 108.6
Tp 106
Tp 100
SL 114
xtiusd Short setupXtiusd
Bearish confirmation on H4 and 1Day Chart
Sell from 101-104
Tp1 99
Tp2 97
Tp3 94.4
1day Chart Target price for long term 86
