USDWTI trade ideas
USOIL is ready to rock🚀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
Crude Oil Analysis - Looking Good RR in Down sideCrude 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.
Usoil Order Block | SWING TRADEUsoil 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
Ascending Triangle patternAscending Triangle pattern in Day Chart.
BO of the chart may push the price to 87$
WTI Crude BullishW 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.
USOIL is ready to rockUS 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
US Oil , Peak Formation high has been locked 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 timeframe, which typically means the 4-hour chart. Level 3 could represent a significant level of resistance or a point where sellers are likely to step in strongly.
Market Maker Strategy: Market makers are entities that provide liquidity to the market by buying and selling assets. The market maker strategy could refer to trading strategies or techniques employed by market makers to profit from price movements.
In essence, it seems like you're observing technical signals suggesting a potential sell-off in the US Oil market. It's important to note that while technical analysis can provide valuable insights, trading decisions should consider other factors such as fundamental analysis, market sentiment, and risk management. Additionally, no strategy can guarantee profits, and traders should always be cautious and informed when making trading decisions.
My $10 giveaway for who ever can solve my trading view problemI am wiling to give out $10 or a 1000pips trading setup to whoever can solve my problem on my trading view
Where crude oil going nextcrude seems to be in a range since some time.Based on the daily charts it seems to be a sell below 80 with a target of 76 .other geopolitical developments such as ceasefire may support this expected move
Crude oil next move (wait for perfect entry) (22-03-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (22-03-2024)
Current price- 81.30
"if Price stay below 82.00 then next target is 80.30 and 79.80 and above that 82.50
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of principal to follow any position.
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CRUDE-OILresist 82.50-82.00
support 80.50-80.00-79.59-79.00
watch carefully price in this areas and plan trade
XTIUSD USOUSDresist. 83.00-83.30
support 82.00-81.00-80.00
watch carefully in this zone and plan trade
XITUSD CRUDE-OIL USOILSUPPORT 82.00-81.00
RESIST. 83.50-84.00
we can plan both side trade but according to me 84.00 if price goes there that one will perfect trade. i will wait for 84.00
crudeoil uptrend movement. can expect a target of 88/89Symbol: USOIL
TImeframe 2 hours
Analysis Breakout from symmetrical triangle.
another pattern we got is cup and handle pattern.
Note: Education purpose
USOIL is FightingUSOIL Which is showing a great opportunity USOIL is fighting with the resistance. what is your view please comment it down. We are NISM 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.
LONG USOILGeneral analysis
weekly: first beat upward trend
-price is above ma10 and supported by ma50
Daily: price is in the upward adjustment zone in an uptrend
- supported price is above ma50
The price crosses above ma10 by 1 candle with a full body.
- MACD is showing signs of crossing up and is above the zero line
script:
-Wait for the daily candle to close above the 10 day mark and is also a confirmation signal candle for a buy order on the daily frame.
Buy
entry= price range 79,885
stoploss= 76,790
TP1= 88,100
TP2=90,440
Wrong scenario when price cuts down to 10 days and breaks the latest bottom
MCX Crudeoil targeting 6335 shortly MCX Crudeoil trading below the 6470 ,a clear support since past few days .Expecting a drop to 6330 to 6282 shortly Sell cmp 6470 target 6298 .Settling below 6300 is a bearish down trend continuation
Crude oil MCX also profit booking started more fall pending 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#USCrudeoil Update || Mar 11 - Forex
🛢️ Time Frame: 1 Hour
📉 Status: Bearish
📅 Date: 11.03.2024
🔸In the hourly timeframe, crude oil appears to be following a parallel channel, trading within a specific range.
🔸Expect upward movement in prices on Wednesday, possibly influenced by production reduction and inventory data.
#OilMarket #TradingAnalysis
