Bat Complete 🦇USOIL - USOIL has broken above the .886 on the monthly downtrend pullback is and is currently sitting in a very strong PRZ, however price could easily break above the weekly high/monthly high and close below it (Price is in an excellent location to look for swings and ride with a potential monthly continuation, however make sure you wait for proper confirmation (HTF reversal pattern etc) before entering, (Weeks and months are a long time and price can move a LOT in these Timeframes especially with Indices!
OR you can use this Bias for your LTF trading! Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Usoilshort
US OIL UPDATEOil turned bullish and followed the bullish scenario...We took a small loss on this but SL were moved when we had the large dip so it didn't really effect us.
Oil is currently climbing and there is now no real resistance until 83.60-80. There is a market gap at 80.40 so I am reluctant to long at this moment in time in case of a fill of this gap before we move higher.
Currently watching the following...
Should oil dip and fill the gap then I will long to 83.60 but if oil reaches 83.60 first I will short down to the gap. Easy movements to watch and follow
USOIL short planDon't forget to click on the Follow button for more daily detailed analysis, Also if you have any questions, please do ask them!
Here we have our US OIL chart.
We have previously looked short several times around this area and taken consistent gains.
The current price action adds to the short impetus. Price is high and we are looking for a long
Exit around eclipse symbol.
USOIL INTRA-DAY SHORTS 📉📉📉Expecting bearish price action on this pair as price takes out PDH ( previous daily high) where a lot of liquidity is located from yesterday trading day, if price rejects with a M30 bearish closure then we go lower.
Perfect targest into PDL
What do you think ? Comment below..
USOIL IDEAGood Morning guys;
OIL has pushed the zone I was adamant would be met before its makes it decision of where the market will go next, Bullish are starting to show a slow down of buying pressure but overall oil is bullish so we can't rule out a move higher. Should oil break the zone I have marked than it's likely that the 81 region will start getting pushes BUT should oil find resistance here then a fall to the two marked zones is the next likely move.
I am short with a 2% risk and I will watch the charts closely for early signs of bullish development if I need to exit early.
This is a prime example of trusting you own analysis and sticking to your trading plan.
USOIL down move.Don't forget to click on the Follow button for more daily detailed analysis, Also if you have any questions, please do ask them!
After taking gains on the short side off the top of the PREV highs, we are looking to RE short on the next move up.
There is still plenty of room for oil to fall. Check higher TF's for larger picture.
Market sentiment is a little slow.. Pending larger news. exit is at eclipse symbol.
USOIL 78.87 +0.03% SHORT IDEA * REVERSAL & PRICE ACTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE USOIL ENERGY.
* The ENERGY is currently trading in an ascending channel but seems the channel now consolidating in a BEAR FLAG just above of structure.
- Short term the pair has currently entered a consolidation as WE break below on the 4h chart this set up comes into play.
- There is a demand zone to look out for on the ENERGY before we continue with the bears, BREAK BELOW will trigger the set up.
- Looking for SHORT entries on the pair this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
US OIL MARKET BREAKDOWN USOIL:
As stated in the last breakdown oil should open and push back towards that 79.60 (I still feel we may hit this as the US session is still yet to open). There isn't much new to be added and my bias still stay's the same as last break down providing the technical are followed. (GO READ IT). I have taken two nice scalps this morning for some quick profit whilst I wait for the primary move to come through and I think it will play out as either two ways...
1) Spike to 79.60/80 upon US session opening and should we find major resistance then we will fall off quickly to the two marked zones, these will be my short targets.
2) Spike to 79.60/80 break through find support and continue the bullish trend.
I favour one but I am yet to enter short.
US OIL MARKET BREAKDOWNFirst trading week of the year has completed...Now the real fun and games start next week when liquidity and volatility comes back into the market. We caught a lovely short at the end of the trading week and as some of you will know I have been waiting all week for that move.
Let's recap everything so far:
Earlier on in the week we saw oil around the 74-75 where everyone thought the head and shoulders would come into play but we were one step ahead and didn't fall for this trap. All week I was screaming 79-81 will come through and we hit bang in the middle of it. We did take some short at the right shoulder but these were quickly scalped and profit was taken before the primary move. Oil lacked momentum all week as it's movements were slow until a couple of hours ago which showed signs of weakness which is why we didn't see the extra push and we noticed that before we saw the fall. Oil closed on a very important region for me and should the overall trend turn bearish we will see $56 from here (LONG TERM!) but we will put that to one side for now and focus on what we have at hand.
Trading plan for the upcoming week:
OIL has closed back within its smaller and larger channel which should push us down and we will see some nice pullbacks...I am already positioned in for these pullbacks. On market open next week OIL could push 79.60 region to give whales another chance at a decent short location but I'd be surprised now if we saw 80 or above again but a few daily candles below the current region and it should rule that out but again nothing is 100% in trading. The blue support line is what I favour most and it is where I am looking to short to. From here (blue line) oil will makes it's decision whether it wants to continue bullish or turn bearish and I will position accordingly once I see development. Ultimately I am short now as we should see pull backs for the new year, I will add further positions when the opportunity comes and I will stack accordingly.
Like and Follow this page...read my profile for a few surprises. You will quickly find I am the only place you need to come for your oil related content.
HAPPY NEW YEAR...let's get ready for profits
US OIL shortDon't forget to click on the follow button for more daily detailed analysis. Please do also ask any questions should you have them,
Here we have our US OIL chart.
We have now rallied for a LONG time. When this happens room for a fall opens up.
After our intraday gains yesterday we are RE shorting.
Exit noted at eclipse symbol.
US OIL MARKET BREAKDOWN There she goes...
Everything apart from the extended manipulation targets have bee met and have been calling the downfall since reaching this region. Now we refer back to the overall target and what was stated in the long term. I currently have a short running down to consolidation where I will be looking to take profit but I expect a further dip past this region to grab some real liquidation. If oil can keep within this channel it will likely see the downtrend scenario.
I predict a positive oil for Q1 and Q2 but when we start reaching the bottom zones...(I have some in mind way below the consolidation region) I will start to reconsider my bias depending on price action. Short running stops above 79.40 to give you an idea
US OIL SHORT UPDATEJUST LIKE THAT! As Mr Joe Rogan would say...
I do not post my positions on here I keep them private along with the analysis I use...I mentioned about being well positioned in my last post and we robbed the market for 70 pips with a few minutes. I mentioned that we wouldn't consolidate at this region and that there isn't enough momentum to carry so we needed a drop!
By now you will see that this a new account but I am not a new trader so make sure you like and follow!.
Want to learn more feel free to DM me.
I will wait for confirmation before my next move.
US OIL SHORT UPDATESooooo USOIL didn't have the liquidation spike it need. It should have bee far more violent than that...We sit back and wait. I have plotted a further two zones above where I will look to short. I will not trade until I see a clear rejection of my zones with a ling wick. Trading is a waiting game!
Oils is BULLISH which is why I am being so careful before I short the market...Ideally I would prefer to buy but the sell will come first.
US OIL new planWe are looking for intraday gains on the short side of oil. Price is way high and market news sentiment around OPEC is out.
There is a very important lesson lots of traders always miss out, so we are going to cover it now.
Firstly, when you are looking at higher timeframes, trades will take longer and can move further against you. This is because the timeframes are HIGHER and so are the prices. On an intraday chart you might be looking for a quick move to be out for profit. On a daily chart, you should be accumulating positions and offsetting gains/losses. you will find the higher the timeframe the more price can move. Trades on higher timeframes have higher ranges and therefore can take longer.
Secondly, assets like oil have large ranges. If you are expecting to pinpoint your trades every single time for a smasher 10$ move it just wont work. If you are not suited to this, drop your timeframes down and look for fast gains.
Finally, on such assets you cannot be trading big. Risk management is the way you manage your position size and distance between positions. If you are trading too large because you want to make it big.. It just wont work long term. Drop the size especially on assets that can move fast.
US OIL MARKET BREAKDOWN Oil is following analysis very nicely...slowly but nicely. Due to the new year coming in and trading just getting back into the swing of things we can expect consolidation and low liquidity in most pairs until the ball really starts rolling.
As mentioned in my last post I have expectations for oil in Q1 and Q2 but we need a liquidation region to push to the accumulative zones and I expect this to come sooner rather than later. When I post I am not telling the market where to go I am simply trying to predicts it future movements so I can be prepared to take the trade when the opportunity arises (NEVER TRY AND TRADE THE MOVEMENT YOU PREDICT...MARKETS MOVE ON THEIR OWN ACCORD).
Oil has broken its consolidation and retested with a rejection which is a good sign. Oil usually has big spikes and long wicks in its corrective move and that's what I'm waiting for...Oil can easily push 79.70-80.30 which sits just outside the true trend so I favour this as a short region. We can't rule out the possibility of the purple zone this is a major liquidation so I will keep my eye on it. I will watch and wait for rejection and then take my shorts down to the 75-74 region hopefully gaining 500 pips profits.
Feel free to drop me a message.
US OIL downDon't forget to click the follow button to view my daily detailed anlaysis. Also, should have any questions, please do ask them in the comments,
Here is our US OIL chart..
We have seen this asset rally recently on current news sentiment about Demand. On such prices rises we start to look short at applicable areas and create an ideal profit margin with our exit plan.
We are at reasonable resistance and moving off Key MA's. Stochs are high and we are looking for a move down to our Target area noted by the eclipse symbol.
Make sure your risk management is correct!
US OIL shortFeel free to click on the follow button for more daily detailed analysis and please do ask any Q's should you have them.
Here we have our updated US OIL chart. We are looking short around the area noted by our directional arrow.
Look to take profit lower at comfortable support. This is a strong area that we hit previously.
US OIL with room to moveDon't forget to click on the follow button for more daily detailed analysis,
Here we have our updated US OIL charts.
We are still looking short further down to targets after our first ones were hit. RE enter shorts on rise up.
Price TGT is noted by our eclipse symbols on chart.
Potential Crab Forming 🦀 (Short then Long) USOIL - Daily Crab is still valid price is moving nicely up towards the D point.
However we had a big bullish push on the 27th that sent price into a consolidation leaving a large imbalance before price started to break to the downside again.
We have confirmation for shorts using the LTF BOS etc, once the markets open, I'll wait for price to settle and then I want to see price fill this imbalance and trade from the OB, S/D zone up to towards the weekly highs!
Such a beautiful zone of confluence! A++ trade if price gets there!
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.