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Usoilanalysis

USOIL - 240 MINS TIMEFRAME USOIL The Structure looks good to us, waiting for the this to correct and then give us these as shown on this instrument (chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves). Just ride the bullish or bearish impulsive move. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support....
TVC:USOILShort
by Tradelikemee
1
USOil | New perspective for the weekI am of the opinion that natural gas shortages this winter might be driving gas prices higher in the last quarter of this year. The current structure reveals that price action is back to retest the bullish trendline identified on the weekly time - an area which shares a confluence with the $85 key level. In this video, I have explained what my expectations for the new week are. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
TVC:USOILLong
by darcsherry
1
USOIL MARKET BREAKDOWNUSOIL MARKET BREAKDOWN Last week was the stuff of dreams with USOIL pulling through for insane pips, GOLD pulling through for insane pips and GBPUSD giving us a modest bag! As stated last week were are simply following the USOIL down trend and it's working out nicely so far. USOIL dropped down to our bottom zone before pulling back, we did try to long this but after confirmation we couldn't get that little bit more of a dip which we needed. I have marked out the important zones for this week and it's important to note that $94.50 has been tested so many times on this timeframe and multiple others so I don't see another retest within this next leg down. Look at the very left of the chart on the white line. We can see this area actually acted as a decent support region but since we broke from it price hasn't really reacted much with this level so I would expect this to be the next zone we see resistance. As always USOIL can drop from the current zone and it rejected hard from $91.80 which makes me slightly sceptical of a push higher but my behind the curtains strategy is point towards $92.70-$93.30 as the true rejection region (I ALWAYS STICK TO WHAT MY STRATERGY TELLS ME). I'm sitting, watching and waiting for my time to strike.
TVC:USOIL
by UnknownUnicorn33264805
6
USOIL MARKET BREAKDOWNUSOIL MARKET BREAKDOWN USOIL had it's bullish pullback last week which took full advantage of and we now have a nice little trade running. Someone left a comment on my last post asking if it was possible to drop straight down instead of pulling back, this was a great and valid question. This person was correcting in mentioning that and my simple answer is plan for both scenarios and stick to the most profitable option. If the trade isn't profitable, low risk and doesn't meet every demand of your strategy and analysis then DO NOT TRADE IT. The zones marked on the chart are the only zones I'll be interested in trading. USOIL is bearish so we now favour the short for overall trades and only look to longs for a quick scalp. We mentioned a while ago that USOIL was climbing too hard and too fast which was a major driver of inflation. We said the price of USOIL would have to come down to let the markets breathe before the next leg up. Unless Russia kick off big time then USOIL should be making it's way to $76 which is where I would look to load up on swing longs. Now lets focus on this week: Are broken and major support region has now been retested and closed below which is a good sign for our trade. I will not rule out one more retest or at a minimum a spike to $93.60 before we see the drop off. I look to carry this short all the way down to the bottom blue zone this week with around 900 pips profit as our target. Anything above $94.50 I will class as manipulation and I wouldn't short again until we were below UNLESS a good set up gave reason to short before. Members have been guided through this and are now sat in 280 pips profit!
TVC:USOILShort
by UnknownUnicorn33264805
6
USOIL MARKET BREAKDOWNHello everybody, hope you're all well and welcome to our weekly market breakdown We missed out last week due to being away for sometime but all our members were given a PDF to follow during our time of absence. Now USOIL is showing it's true bearish form and this has been the case for a good while now. Last week I expected USOIL to close the gap before making this move but this wasn't managed and we remain unfilled, this isn't so much of an issue but it's likely that we will not see it filled until the next long term leg higher takes place (Monthly/weekly timeframe). The blue zones represent daily and weekly support/resistance (most important) and the dashed white lines represent our interday support/resistance zones. I am looking to follow the trend and I want to get a decent short in from the marked location. This location is a significant resistance zone but also an area which is untested since the break. We took three trades this week due to us being inactive and only one of them won so we have ground to cover next week. Stay tuned for more!
TVC:USOILShort
by UnknownUnicorn33264805
4
USOIL broke below a major support levelUSOIL broke below its $90 major support that held price above since the beginning of this year after OPEC agreed to a small increase in oil production following calls by the U.S. and other major consumers for more supply. We can also notice that this key support marks as the neckline of the double top. I expect price to retest the broken support and continue falling from there. I will carefully look for bearish signs at around 90-93 for selling opportunities with three targets: 83, 76, and 68. Please support this idea with likes if you find this helpful. If you have any suggestion please share in the comment section below.
TVC:USOILShort
by Forexintelligence_NA
4
👉 USOIL The main goal is to decline to support levels👉 USOIL The main goal is to decline to support levels The emergence of an uptrend from a support level with a breakout of a downstream channel ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in real trading in my account, my account has already reached Profitability: 1549.04%🙏!❤️ It's your turn! Be sure to leave a comment and let us know how you see this opportunity and prediction.
TVC:USOILShort
by QuantumLabSignals