Oil has formed a bottom and a change in character
is now confirmed. Expect Oil to rise which is bad for fighting inflation. This can trigger the Stoch index to fall even further..
Oil is used for production and transport and will affect inflation negatively. Do not expect FED to Pivot in a long time.
is now confirmed. Expect Oil to rise which is bad for fighting inflation. This can trigger the Stoch index to fall even further..
Oil is used for production and transport and will affect inflation negatively. Do not expect FED to Pivot in a long time.
Order cancelled
Made a mistake. Chart updated with new chart..Order cancelled
Confirmation canceled. Price went through confirmation = Fake out No trade executed.Trade active
Waiting for a new confirmation on the 1H chart. Will keep updated if it happens. Reached a new Orderblok. Could go further down to a Weekly orderblok, we will see.Trade active
God my setup this morning EU time.. Risk trade Long.. Dealing range on the lower Time frame open, therefore it's a risk trade.
1st TP at the 4H Dealing range 50%
Trade active
Got stopped out with a Liquidity grab. Trade entered again with a stop below the next dealing range.. Trade closed: stop reached
Stopped out on oil twice. Will wait for a new orderblok on higher time frame. Miner loss today. That is the game..Trade active
Long entry again. We had a liquidity grab on the Higher time frame.Order cancelled
Closed breakeven. No follow-through.. Trade active
Liquidity is taken several times towards Weekly Orderblok. Change of Character is still valid on the 4H. Long executed, Let's see if we get a follow-through today. We need to rebalance the previous Daily Range by at least 50%.
Order cancelled
Closed with a small profit. Not enough follow-through today again :-) SP500 And some other FX are like a rocket. Hope you all are inn. Trade active
Hope you all had some god trades on Oil.This is my trade for Oil today.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.