Usoilsignal
CRUDE OIL (WTI):HITS KEY HISTORICAL LEVELS (GO LONG)TITLE : BUY USOIL
ASSETS : COMMODITIE
SYMBOL : USOIL
ORDER TYPE : (EP1) MARKET ORDER
(EP2) LIMIT ORDER
TF : 6 MONTH
ENTRY PRICE 1: $20.86
ENTRY PRICE 2: $18.68
STOP LOSS : $16.71
TAKE PROFIT 1- $23.86
TAKE PROFIT 2- $28.68
TAKE PROFIT 3- $30.86
TAKE PROFIT 4- $34.68
TAKE PROFIT 5- $40.86
STATUS : ENTRY 1 active
USOIL Sell Update (+263 pips)See attached trade entry from yesterday below,
18:02:18 (UTC)
Tue Apr 7, 2020
Cl! Light Crude Futures Short Update (+200 pips) 18:00:12 (UTC) See attached trades from yesterday linked below
18:00:12 (UTC)
Tue Apr 7, 2020
USOIL Daily Risk Range - 13:19:54 (UTC) Tue Apr 7, 2020Previous Close: 28.34
Higher Bound: 30.40
Lower Bound: 17.81
13:19:36 ( UTC )
Tue Apr 7, 2020
USOIL: Possibility to Drop till $10 Thanks for Taking Interested in my Trading Idea.
USOIL: Possibility to Drop till $10
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
chance at a rejection after positive news from China and Russiawith a completed wave and a rejection at the 618 level, we expect that the price can make new higher highs. especially with the fact in mind that Russia started the conversation with the Saudis to stop the price war in the OIL. on the other hand, China recovering from the Covid-19. this can be a double impulse for a bullish oil.
USOIL: Falling Wedge Pattern.Thanks for Taking Interested in my Trading Idea.
USOIL: Falling Wedge Pattern.
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
USOIL is going to Neutral PhaseAfter the predictable fall in oil prices, it can now be said that oil is entering a neutral phase.
CRUDE OIL (USOIL) DailyDates in the future with the highest probability for price direction reversals
USOIL LONG TERM SWING SET UPBuy limit usoil
Entry 1 45.86
Entry 2 44.68
Sl 44.00
Tp.1 46.86
Tp.2 47.86
Tp.3 49.86
Tp.4 52.86
oil price developing in a parallel channel approaching the $42.0after the massive selloff from this week, we see that the price is approaching an important support level which is respected multiple times
in history. all stocks and indexes are in deep red numbers and this includes oil too. on the other hand, we know that this selloff has also
an end. from next week, we can expect some reversal signs. personally I expect some little more downside movement to hit the 42$ zone.
watch for potential longs in the $42.00 zone
USOIL broke the descending channel already!In the previously published idea, I shared that USOIL made a nosedive and attempting to recover from this loss and it made a double bottom on the daily chart.
This week the asset has broken the downward channel as displayed in the attached chart. and it's riding the upward trend line.
USOIL has also broken the recent strong resistance at $52.12 after testing it several times.
It's likely to test this support again before continuing the bullish rally.
Watch out for the $52.65 - $52.70 price range to be broken!
Cheers!!
USOIL LONG set upBuy usoil
Entry 1 50.86
Entry 2 50.42
Sl 49.10
Tp.1 52.20
Tp.2 53.40
Tp.3 54.68
Tp.4 56.00
Tp.5 57.80
