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.
