OIL, Buy after retest and false break downYou will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Brentoil
CRUDE OIL waiting for the sell setup to formon DAILY: CRUDE OIL is approaching a strong resistance in green so we will be looking for objective sell setups on lower timeframes.
on M30: this one is forming a wedge pattern in red but it is not valid yet, so we are waiting for a third swing to form around our lower red trendline to consider it valid and enter on its break downward.
we also have a regular bearish divergence on MACD adding more confluence to our setup.
USDCAD potential bullish reversalon DAILY: USDCAD is sitting inside a strong support area in orange, and almost filled the previous GAP, so we will be looking for objective buy setups on lower timeframes.
on M30:
Short-term: we are waiting for a new swing to form around our blue trendline to consider it valid and enter on its break upward.
Long-term (conservative): we are waiting for a new swing to form around our red trendline to consider it valid and enter on its break upward.
we also have a regular bullish divergence on MACD adding more confluence to our buy setup.
Meanwhile, USDCAD would be overall bearish , until a buy setup is activated.
USOIL Short Trade Setup Update! Distribution Zone!Welcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Just follow the video for the update on short trade setup!
Analysis: USOIL showed up some continued growth up to the resistance level held at $27 to $28 price level. Now the price showing up some retest after the breakout on strong ascending channel which where it completed 5 impulses within the structure. Now Ill be waiting for a possible bearish signals on top for new short entries. Sketch up your own trade setup before you take off. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
USOIL Short Trade Setup Update! Huge Profits Coming!!Welcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Jus follow the video for the update on short trade setup!
Analysis: USOIL showed up some continued growth up to the resistance level held at $27 to $28 price level. Now the price showing up some retest after the breakout on strong ascending channel which where it completed 5 impulses within the structure. Now Ill be waiting for a possible bearish signals on top for new short entries. Sketch up your own trade setup before you take off. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
Oil will drop more without OPEC dealYou will learn the best place where we can trade oil with low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends push the like button if you like the idea - that would be the best THANK YOU.
Thank you for your support, I Love it.
OIL, accurate buy idea In this video, u will learn where u can open accurate entry OIL .
Write in the comments all your questions and instruments analysis of which you want to see.
Friends push the like button if you like the idea - that would be the best THANK YOU.
Thank you for your support, I Love it.
CURRENT OPEN POSITIONS...EURAUD, USDNOK, AUDJPY, BRENT CRUDE OILIn this video update, we take a look at our current open positions to give an update of where we are at.
EURAUD has moved significantly towards targets as well as AUDJPY.
The daily timeframe suggested the AUD was going to weaken and we are seeing that play out at the moment.
USDNOK remains bearish and was close to targets before rebounding, looking for the momentum to pick up here as the price has remained range-bound.
OIL: Double Equilibrium! Break Coming Soon!Hello dear energy sector friends and USOIL traders, hope you're doing well guys! ;)
Oil is now in a double Equilibrium range, both on the Daily & on the Weekly. I'm gonna walk you through how to play the break in either direction. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
VIDEO ANALYSIS: CRUDE OIL TO RISE NEXT WEEK?In this video update, we take a look at Brent Crude Oil as the weekly suggests we could see
further upside next week. If the current weekly candle closes back within last weeks
range we could see the market move back towards 75.00. We were expecting the price to
test the 38.2 Fibonacci retracements however this looks unlikely now with current
price action.