USOIL SWING TRADE
Usoil 1hr Order Block This Order block is vimp because its
1 hr + 4Hr Demand Zone.
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.
US Oil is at important zone formation of Descending triangle pattern. If this sustain near Support then we can see a good upside move if break then see a huge fall. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
US OIL WTI : Bullish - 2 falling wedges + Head&Shoulders
Wti crude oil can rise higher because of current geopolitical tensions. OPEC countries have reduced their daily production of barrels of oil.
Technically:
The wolf of Zurich has detected 2 "Falling wedges" and an " inverse head & shoulders" .
These chartist patterns could raise the price of WTI oil around...
W pattern in making
already reversed from Double bottom.
rest all levels are marked on the chart.
Breakout Based:
Buy above 95
SL 91.5
Tgt 114 - 120 - 131
Support Based:-
Buy near 87
SL 82.5
Tgt 95 - 114 - 120 - 131
This is for educational purpose and papertrading only. Please consult your financial Advisor before investing. We are not SEBI registered.
Happy Trading.
Usoil 1hr Order Block
At this level we can see some Liquidty Pool.
Take trade at after 8:30 PM.
in 5 Min CHoCH.
Follow For Daily Update.
Note - Only for Education Purpose
W pattern in making
already reversed from Double bottom.
rest all levels are marked on the chart.
Breakout Based:-
Buy above 92.5
SL 87.5
Tgt 108 - 118
Support Based:-
Buy near 82.8
SL 79.5
Tgt 92.5 - 108 - 118
This is for educational purpose and papertrading only. Please consult your financial Advisor before investing. We are not SEBI registered.
Happy Trading.
Crude oil faces resistance at the 200 moving average after break down rising wedge patern, indicating a potential 1:4 target. Traders may consider this point for planning their positions, keeping the SL in mind.
looking good RR we can take this risk but make sure to cut positon above 200 EMA.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
- The weekly outlook for UK Oil looks very positive and promising
- The base is getting matured on the weekly whereas the Daily base has already matured
- As of now waiting for the base to form and enter once you see a low getting taken out by huge demand
- My Bias over this is straight bullish and nothing else to consider
US Oil is at important zone formation of pole and flag pattern.If this sustain then we can see a good move. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
Hello Friends, Hope you find doing well.
As there are so up down in market now a days because of many reasons
Elections, war, Global data, USDINR, DXY.
So based on following all parameter i am trying to analysis crude oil price action, hope it helpful for all commodities trader.
As we can see in chart it is making bullish flag pattern on 4hr timeframe. So we...
Brent Crude Oil charting its potential trajectory amidst current market dynamics. Through a meticulous examination of technical indicators and chart patterns, a compelling case emerges for an imminent bullish surge within the $104-$124 range.
Based on the comprehensive analysis of these factors, it is anticipated that Brent Crude Oil to embark on a significant...
TDI Sell Hook: TDI stands for "Traders Dynamic Index," which is a technical indicator used to identify trends. A "sell hook" would suggest a potential reversal from an uptrend to a downtrend. This could indicate that the market sentiment is shifting towards selling pressure.
Level 3 on H4: This likely refers to a specific level or zone identified on the H4...
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.
