To better understand my current outlook on USOIL, please refer to my previous higher-timeframe and fundamental analyses.
https://www.tradingview.com/chart/USOIL/YXTzmTxq-USOIL-Sideways-to-lower-in-a-tight-band/
https://www.tradingview.com/chart/USOIL/9TJGsDC6-USOIL-Waiting-for-a-reaction-at-strong-support/
This could be a position trade in anticipation of a larger downtrend on the daily timeframe, but there's risk involved due to the upcoming Non-Farm Payrolls (NFP) report this Friday.
* Trend: assessed using at least three trend indicators, with market structure as the primary guide.
** Weak or Reversal Signals: Assessed based on one of our criteria for trend reversal signals.
*** Support/Resistance: Selected from multiple factors – static (Swing High, Swing Low, etc.), dynamic (EMA, MA, etc.), psychological (Fibonacci, RSI, etc.) – and determined based on the trader’s discretion.
**** Our advice takes into account all factors, including both fundamental and technical analysis. It is not intended as a profit target. We hope it can serve as a reference to help you trade more effectively. This advice is for informational purposes only and we assume no responsibility for any trading results based on it.
George Vann @ ZuperView
https://www.tradingview.com/chart/USOIL/YXTzmTxq-USOIL-Sideways-to-lower-in-a-tight-band/
https://www.tradingview.com/chart/USOIL/9TJGsDC6-USOIL-Waiting-for-a-reaction-at-strong-support/
This could be a position trade in anticipation of a larger downtrend on the daily timeframe, but there's risk involved due to the upcoming Non-Farm Payrolls (NFP) report this Friday.
* Trend: assessed using at least three trend indicators, with market structure as the primary guide.
** Weak or Reversal Signals: Assessed based on one of our criteria for trend reversal signals.
*** Support/Resistance: Selected from multiple factors – static (Swing High, Swing Low, etc.), dynamic (EMA, MA, etc.), psychological (Fibonacci, RSI, etc.) – and determined based on the trader’s discretion.
**** Our advice takes into account all factors, including both fundamental and technical analysis. It is not intended as a profit target. We hope it can serve as a reference to help you trade more effectively. This advice is for informational purposes only and we assume no responsibility for any trading results based on it.
Please like and comment below to support our traders. Your reactions will motivate us to do more analysis in the future 🙏✨
George Vann @ ZuperView
Trade attivo
Trade chiuso: obiettivo raggiunto
The setup has moved nicely — you can either trail your stop or close the trade here.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.