Usoil 1hr POI | Forex Best TradeHi trader
This 1hr POI USOIL Taken Previous day liquidity (16/04/2024).
I expect Buying from this level
Note - Only for education purpose.
USDWTI trade ideas
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
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.
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.
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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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
