Usoillong
Crab Complete 🦀USOIL - Crab complete in strong HTF supply zone, break in momentum, have a confirmed entry on the LTF, SL is above the current daily high, i'm looking to trade the retracement after the BOS yesterday.
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.
USOIL - LONGUSOIL is looking like it may move higher.
We have found a bottom (point 5 green) and a nice reversal higher.
We have made it above point 4 - creating new high and we should take nice profits now.
Now we expect a reversal to the breakout - blue line.
If it gets there we'll examine the price action to see if we can go long again and continue the swing higher.
SHORT ON USOIL - BUT COULD BREAKOUT OF WEDGE AND BECOME LONGRising wedge on the higher timeframe, price is currently touching the resistance level of the wedge which is the best place to sell from once the bears show up.
If the bears do no show up I will be looking for a break and a rest of old resistance as new support then I will get in for a buy.
However I would prefer to sell UsOil as I would be selling high.
⁉️ USOIL Weekly Analysis Here I expect bullish price action at the beginning of the next week. I think the price will first to go for buy side liquidity and to form another higher high around price level 112.00, as we are in a bullish market structure. After that I expect a retracement till the bullish orderblock and psychological level 101.00, where I am looking for a long position.
US OIL MARKET BREAKDOWN US OIL MARKET BREAKDOWN
USOIL returned higher as expected but before hand it dipped lower than expected.
Things got a little rocky at the start of the week where we original longed at 103.60 which took us out fairly quickly. USOIL dipped even further and we were able to enter at 99.20 and then exit our trade at 109.00 around 6 hours ago for a massive 980pips profit.
USOIL will only climb higher unless their is geopolitical event to push it down. My eyes are now set on the following targets 114.00 > 126.00 > 138.00 and then a new ATH of 185.20. Their is method to our madness but we have been right so far.
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Tuesday we were -30 pips ❌
Friday we’re have closed all positions. Gaining us a huge 1844 pips profit 💰💰💰
Members in enjoy the bags and your weekend. I know I will 👽
66.6% win rate 😎
WTI BUY / -94 pips (SWING) ❌
WTI SELL / 62 pips ✅
WTI BUY / 100 pips ✅
GBPUSD / -40 pips ❌
GOLD / -60 pips ❌
WTI SELL / 146 pips ✅
WTI SELL / 276 pips ✅
WTI BUY / 980 pips ✅
GBPUSD BUY / 34 pips ✅
WTI BUY / 10 pips ✅
XAUUSD SELL/ 300 pips ✅
WTI SELL / -30 pips ❌
WTI BUY / 160 pips ✅
WTI would go down before it grows againWTI is considering to be bearish in short term.
I don't mean this momentum will create bearish cycle to crude oil.
EU is dealing with Hungarian government to do sanction for russian oil.
Only matter of time to close the deal.
But it will go down until it makes perfect negotiation.
MACD is also decreasing.
Target to 97-98 around. I will analyze again as soon as it reaches to my target.
Shark Almost Complete!USOIL - Shark almost complete, wanting a pullback into that 1H supply zone/imbalance before looking for continuations down to the D point!
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.
EU sanction will create volumeThere's rumor that EU is planning to ban russian oil until year 2027 gradually to zero.
MACD is forming to a right line.
As soon as 5 days MACD goes to the top level again. it's time to see another rally of WTI US oil.
Price will continue to grow and it could create oil crisis sooner or later.
Shanghai and Beijing is trouble with lockdown also, Chinese president Xi Jinping will stop the lockdown soon.
Demand is strong and supply is weak. We would know what to do for now.