US OIL Oil made a perfect price action in higher time frame
As price alredy did HTF reversal
It confirmed in LTF also
CL-OIL trade ideas
Crudeoil possible to re-test and reverseA Harmonic chart is presented as per the current price action for Study purpose.
A reverse is happened already from the reverse point, D and it may re-test.
$67.71 is another strong support.
It can see that the today inventory outcome is not in favor to the price and it may test $67.71
Note: Information given here for study purpose only.
USOIL CRUDE OIL possible Elliot wave countsUS OIL is looking good to go long as per Elliot wave structure with invalidation level of below $ 76.50, for target level of near $ 83.05.
My ideas as just for educational purpose only
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
USOILDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
Keep close watch On USOILuS oil can be short from daily trendline near 80.20-80.40 with sl 81.70 because crude oil prise near to its daily trend line as well near to its daily supply zone and also makeing Head and shoulder pattern which indicate it should reverse from here till 74.80 and 70.20 in upcoming week ....this idea is only for educational purposes
Crude, will we see new lows soon?Breakdown of a symmetric triangle might cause the crude to see levels of 55 soon.
BUY USOILBUY USOIL
Limit your losses
You should have an exit plan before you enter any trade. You should have strict stop loss in case trade is not going in your favour. If your trade is with the trend, you should readjust your stop losses and hold onto your profit.
Crud oil Trading in consolidation range from last 3-4 month. The CMP has been support two times and resistance two time. Now if it breaks above then it can be expected as good rally.
Crude, is it ready to nose dive?Im shorting Crude with a strict SL of 80 (DCB)... Possible positional targets of 55...
Crude Oil May seems Bullish with very litttle correction Crude Oil #USOil may seems bullish because of ongoing China's Covid crisis may fuelmore demand which will result in increase in prices but we may see a bit correction before a big move
OIL ready to go down..!OIL ready to go down my final target on this 71.30 but intraday target is 74.47 and in this level support area but it will break after inventory on tomorrow my SL is 77.32 on closing basis. RSI divergence is there and rsi gone below 48.
#USOIL it's possible to buy#USOIL waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
1st support:
71.55
Next Zone area & horizontal swing Low support
1st Resistance
83.88
Zone area & horizontal swing high resistance
Seems like a Down Trend. The daily timeframe indicates it’s on a downtrend and gonna roll down below 68.50. In the 4hr yesterday we saw a huge fall from the resistance near the trend line. I home this fall will continue till 72.5 or beyond until we see next pullback.
USOIL BUY SETUP HI Traders ,
Usoil intraday buy setup .. This iis corrective wave trade.. So trade carefully ..
NYC Session , clean BOS in LTF ,In NYC session , we have a clean bos in lower timeframe with a displacement and dialy bias is downwards & its -ve corelated pair usdcad is bulish
#USOIL it's possible to buy#USOIL waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
1st support:
71.55
Next Zone area & horizontal swing Low support
1st Resistance
83.88
Zone area & horizontal swing high resistance
Crude oil Curved Support & ResistanceCrude oil support taken with Morning Star, possible for next resistance zone #91-92.
