USOIL SWING TRADE Usoil 1hr Order Block This Order block is vimp because its 1 hr POI. At this level we can see some Liquidty pool. Here we can take trade with 5 min CHoCH. Follow for Daily Forex Update Note - Only for education purpose.
Recent developments in the US oil market have sparked optimism among analysts, as prices appear to be finding solid support on a macro trendline when viewed on a weekly timeframe. This suggests that after a period of volatility, oil might be gearing up for upmove.It might check the levels to upside from here with targets of 80,82,84 above.
As i can see us oil is at support level , we can expect good risk to reward ratio in this trade . Follow for more.....
Oil is in downward channel recent price rejected from 79.80 top of the channle expecting it test 78 and 77 if this price action follow through happens mentioned levels possible.
This are major support and resistance(Not Daily).It is too hard to Publish Daily S AND R. Trade carefully. Note: This is only for Learning. Note: There can be conflict because of CRUDEOIL INDIA CHART
We can see downtrend and could capture big move if price break below the trend line .
USOIL making w pattern at support area, looking good for long side. Consolidation in 1 hour chart.
worldwide Crude has been given buy calls and its expected to move up which usually lifts Reliance and sometime good spikes. This time Crude is taking support and moving up because of bullish trend and new ATH in US equity. Bullish economic outlook and expected FED rate cuts lifting crude now. Its Buy call worldwide now.
As i shared this idea as early as possible . Hope my followrs have made huge profit with 1:3 risk to reward ratio. Do Follow for more updates . Make money together ❤️.
As we have taken the trade at breakout . Who want to join in this trade could get into trade at this pullback and enter the trade with good risk and reward ratio.
As my previous predictions im sure that us oil will follow pattern , and we can get huge profit from this trade. Us oil could give big downward movementum and we can see huge sell off at this level.
If you have followed me previously, you had know about this trade and could have got Good amount of profit in this.
This is very good risk managment with 1:3 Risk and Reward ratio .
Analysis On 28th Feb 2024 USOIL seems like taking support of 100 Ema on Monthly and Daily TF. If it close above 5ema at the end of this February Monthly Closing it would be good confirmation to Buy.
Crude is again getting rejected from the downward TL, seems like its forming a long term H&S, can see a 30/40% correction in the coming 2 years
Discover the serenity of joy and peace in every moment, enriching your journey with sublime beauty. I delve into the dynamic world of growing stocks, providing valuable analysis and commentary on significant levels that traders need to keep an eye on. From crucial support and resistance zones to potential breakout points, I aim to equip you with the insights you...
Probality of bottoming out strong bases build at 65 on correcion innext 4-5 week towards 75-80 levels build long position for upmove towards 95 and 115 in next 6 to 12 month . View fails on weekly closing below 65
Hi trader This 1hr POI USOIL Taken Previous day liquidity (16/04/2024). I expect Buying from this level Note - Only for education purpose.