USOUSD (CFD) My Personal Narrative... Since March 1st, 2021 Bulls have Majorly & Heavily supported price around 666.50/PER barrel, creating a huge jump in price every time Sellers drove price into those waters (trying many times over the last 2 1/2yrs with no success). So for exactly 2yrs and 10mos to date Buyers have been successful at #HODLtheLINE at 666.50/PER barrel. With that being said I must follow suit with #HODLtheLINE & SUPPORT the Bulls!! I will be looking to scale Longs IF & ONCE price enters this major HTF Daily Demand Zone with lower TF in sync confirmations, Targeting Higher Prices. Just my opinion, Yu feeling it or Naw...? Shalom+ #BHM500K https://www.tradingview.com/x/V8a9JOyt/ https://www.tradingview.com/x/T49KNu4p/
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Price has Officially mitigated the Daily Demand zone as anticipated. Now Im paying very very close attention to the 15&5m timeframes for further confirmation to enter Long. Patience Patience Patience. #BHM500K
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Top of the Morning. We got the 15M CHoCh we needed! Now lets see if we can get the official tag-in. Bulls are confirmed and present!! LETS BE PATIENT & Manage properly.... Wait for the Tag!!!! 'Thank The MOSTHIGH' #BHM500K
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(Simulated Acct) Paper Trading Demonstration (Not Financial Advice) Just my idea....
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Current Price has ran without us. However I am still very Confident as we have this huge 1Hr inside bar that can still be mitigated. Remain Patient.......Let's comeback later for an update....
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Price did exactly as we predicted earlier in the timeline.....However we did not get a tag in to participate.....I am still monitoring the LTF
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This 1Hr inside bar IMO is where true commitment from buyers started and took Oil to higher Prices. This is where I am interested in Buying the market Long. If & once price can sell back down into.....Nothing is guaranteed to me, all I can do is await for what PA gives me and I simply react to it. I can under no circumstance impose my will. Simply reacting...Now we wait and stalk like the saltwater Croc..... #BHM500K
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#1 RULE....place the STOP where it undoubtedly invalidates the trade..... Makes it easier to digest the L if it were hit....IMO
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Ok So We are now in a different phase. Price took off last week didn't give me an entry. However this is currently what I am looking at on the 1Hr timeframe. If Price can successfully break this 1Hr high then Im entering Long targeting the next level of Minor Resistance. Roughly around 1300+ points. I am paying very very close attention to this asset.
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Remember everything about the market is case by case scenario. I have no control over what this market does. I am no genie. I simply react to what the market gives me and I manage to the best of my abilities from there on. Here's to a great week of management! Shalom+ #BHM500K
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