Usoillong
Potential Shark Forming 🦈🦈USOIL - Trading away from the Daily and previous monthly low, price tapped perfectly into our OB (Yesterdays analysis) the .886 pullback of the weekly PA.
I'm looking to complete this shark pattern to cover previous imbalances before price potentially continues the monthly DT. (Weekly still bullish)
(We may get a pullback before the main push, I've entered early as we had a LTF BOS) if we get a pullback before a push i'll enter again with LTF confirmation!
Lmk your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
crude oil long cl1! usoilenter: 71
target: 74
stop loss: 69.5
It's at the bottom of the big channel. Looking for a rebound.
good luck
FOREX ANALYSIS : USOILTVC:USOIL
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
UKOIL BUY !!TECHNICALS
I am very excited about buying US and UK oil for the filling reasons:
1 - On m to the mutiple timeframes we are noting that us oil us over sold according to the RSI
2 - there price has come to retest a support zone on the intraday time frame
3 - the daily bullish trend line has been touched once again
4 - The bull back was strong enouch to puch price doen to the 62.8 % fib pull back
USOIL has the same set up so we will post similer analisys
FUNDAMETALS TO LOOK OUT FOR
N/A
happy trading. Lungu FX Team
Potential Inverse H&S on USOILJust an Idea here for you short term traders.
USOIL could be forming an Inverse Head and Shoulders pattern. This pattern perfectly hits my target of $90.
Will be keeping my eye on this one. Could be a fun one to watch play out.
Boom,
TheRaggy
Potential 🦈🦈USOIL - Hoping for a pullback to the 3H BOS area then ill look for reversals on the LTF to go long as overall momentum is bullish to complete one of these potential shark patterns.
Price will take out liquidity and fill imbalances, both D points land on very nice PRZ's for potential LTF shorts mark those zones up!
Let me know your thoughts!
usOil can touch the demand zone and go to supplyMy personal opinion is that the oil has an not Clearing order block in 78-79 that I think comes back and touches it.
This is my opinion and decide based on your own preferences
Potential Bull Flag on USOIL?After an amazing rally shortly after Oil futures went NEGATIVE on the 20th of April 2020 (I day I will never forget), US OIL has been in a steady uptrend supported by global demand coming back online from the COVID-19 Pandemic.
As inflation increases with demand for Oil and a dramatic increase in EV sale forecast (per ARK Invest), I am looking forward to seeing battel wage on for dominance in this space.
That said, the reliance on Oil is not going to fall drastically any time soon and I do expect a return to $100 a barrel in the short to medium term. I also believe that high inflation in the short term further supports the below price target.
Therefore, I could see Oil breaking out of this Bull Flag pattern with an short term target of $93 per barrel by the end of the year .
Keen to hear your thoughts in the comments!
Boom,
TheRaggy
WTI CRUDE OIL - Long Trade Idea - Long Entry PointAt this point it appears that wave ii may be a very small and shallow correction which is indicative of wave iii price action.
If this particular count is correct then it indicates specific important levels which can be used as entry and support.
The idea is to get into a long position because if this is wave iii then price action won't be coming back to these levels anytime soon once it starts moving higher.
Entry: $84.85
Stop: $81.51
Target: TBA
As always, any breakdown below the Stop level before we hit the Entry automatically invalidates this idea.
Check out the related video linked below which outlines the bigger picture.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
USOIL - Long Opportunity Hello guys,
Oil closes above the resistance on the monthly time frame and as per fundamentals the crisis in UK & energy crisis in China also indicating the demand side is strong.
I am very much Bullish on OIL and will take the Long Opportunity once found the proper confirmation.
USO: Down Down! ↘️↘️↘️We are expecting a decline of the USO until it reaches regions around $53.08. Here, a turnaround is expected and the price should rise again. In total, we see the market move towards areas above $65.65.
Oilyyyyy!
2510 WKLY OUTLOOK USOIL breaking out again to 86-88Hello traders,
USOIL made a double test of wkly support last week.
It is now breaking out the wkly resistance for new swing up.
Our final target would be possible hit this wk, after two wks holding.
It is very possiblel for it keep rising up till fibo extentison position.
GOOD LUCK ON TREND CONTINUATION PLAN THIS WK.
LESS IS MORE!
USOIL LongMy view of USOIL . Potential long opportunity.
I am a bit late with this idea and it’s a bit minimalistic and quick but it will hopefully do. After a pullback down to our PBA 1 and respecting the consolidation area , I’m expecting the price to come back up to the top of the consolidation area . Double bottom on 4H is also confirming the long idea. After a clear break of the consolidation area we can expect another upside move. Entry is at 81.898 . Stop Loss is below current low and below a possible pullback area . Stop Loss is at 80.547 . TP is at 86.660 . Overall we are in a uptrend and without breaking the uptrend structure , we will keep looking for buys at pullback areas . If we don’t come down to our entry, take a smaller position due to risk being higher.
Keep in mind prices may vary from broker to broker.
PARAMETERS
- Entry: 81.898
- SL: 80.547
- TP: 86.660
KEY NOTES
- Overall we are in a uptrend and without breaking the uptrend structure , we will keep looking for buys at pullback areas.
- Respecting the consolidation area
- 4H double bottom confirmation
Happy trading!
USOIL Full Analysis ,Short Scalping And Long For Long Term SetupThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USOIL for a new high 🦐 After our previous analysis, USOIL, reached as expected the resistance stricture.
That level is a very strong one historically and IF the price will break above we can set another long order according to Plancton's strategy.
Wait always a confirmation of the break..
-––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
WTI OIL , channel breakout , time for retest and then pump!hey yall ,
if you look at WTI Oil's past rn , you'll see we kinda have the same pattern rn . in both of them we have descending channels . in the last pattern , WTI did a retest after breaking above the channel .
so I'm guessing after going up a little bit , we will have a retest and then pump is gonna happen . it'll be a huge pump . imo the price will even get to 1000 $ . we'll see though , if we were alive...
so the next update will be 3 years later perhaps , this retest will probably take 3 years to happen cause we are on monthly chart .
Imma update it if I was alive :D
if you liked the idea , give it a like .
and if you wanna see more of these , follow , heck of analysis are on the way !
also tell me your opinions on this idea in the comments .
GoOOoOd LuUuUUuck
Oil short readyHi there,
Oil preparing a big move to the downside, since March 2020 lows we are on a new trend, completing the 3 wave we go for the big correction to the downside, Long term, Oil still a buy, but for now look for shorts only.
Watch price action in lower timeframes to go short,
Good luck
1310 1H USOIL up again with ABC wave support to 85Hello traders,
USOIL is still on our buying list without question.
BUY WITH STOP LOSS LOWER 79.90
THAN RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
TARGET:85-92
Your Real Entry Position Will Make Different RR for Your Trade.
Good luck!
LESS IS MORE!
USOIL top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CL LongPossible Crude Oil Long Setup.
Loading to hit new high of the year. Liquidity taking at ~77,80 and then building a new high.
USOIL Long Setup After Retest To Our Broker Res ,To Get 400 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
