OIL_CRUDE 60 and below please, getting bored above 60 is fake bullUS WTI Crude (Spot) (XTIUSD) forum
OIL_CRUDE 60 and below please, getting bored above 60 is fake bull
USOIL predicting that the eia report later is an overflowing supply of oil. therefore, expect another -1% to -1.5% decrease in price today.
USOIL Sitting right in the Golden pocket on Weekly level. Beware the Bears, you might get trampled on. !! We are scaling in and happy to take the sell liquidty.
USOIL Selling Zone (Entry Point): Between 63.53 – 63.94 (highlighted FVG zone).Stop Loss (SL): Just above the FVG zone at 63.94.
Target Point (TP): Marked at 61.65 (blue dashed line at the bottom).
🔹 Strategy: Price already broke the trendline and is retesting the Fair Value Gap (FVG) supply zone. Entry in this zone offers a good risk-to-reward ratio, with SL above 63.94 and TP at 61.65.
Final Setup:
Sell Entry: 63.53 – 63.94
Stop Loss: 63.94
Take Profit: 61.65
USOIL needs ww3 to reach $65+ level. obvious move is to go down to its pre pandemic level which is $53 to $58.
USOIL I primarily use a systematic approach, machine-optimized on years of data, with a few recent months for out-of-sample validation. Although I exited the remainder of my short a couple of weeks ago, the strategy is theoretically still in play. Success rate is less than 60%. There's no guarantee, but maybe this is useful to some who are inspired to follow a similar path.
WTICOUSD 20 ema is at 64.15
Pivot is at 64.40
Resistance is at 65.00
Intermediate support is at 63.75
Support is at 63.30
If price struggles to break above 64.40 then we are going down to support at 63.30-63.50
If price keeps above 64.40 then we are going back to 65 handle
In my opinion, we have a bearish fair value gap on the 8H timeframe, we also have a massive bearish order block on the 1D timeframe.
Additionally, technicals are showing more bearish movement than bullish. For Wednesday’s session I’m looking to short 🔴
Additionally on the 1 hour timeframe we have a strong bullish order block, so I’m expecting price to rise to 64.40-64.65 before a potential reversal this may be a risky setup for a 40-50 pip hunt.
USOIL is this thing is working or switched off
USOILSPOT 🗺️ THE HEIST BLUEPRINT🧭 DIRECTION: BEARISH ASSAULT 🐻⚡
🎯 METHOD: Multi-Layer Limit Order Ambush
📍 ENTRY (The Layered Trap):
ANY PRICE LEVEL IS A GIFT! 🎁
OFFICIAL THIEF LAYERS: Sell Limits at 63.000 | 63.500 | 64.000 | 64.500
Pro Thief Move: Add more layers based on your capital! Stack orders like stolen cash! 💵💵💵
🛑 STOP LOSS (Escape Route):
THIS IS THIEF SL @65.500 👑
OG's Advice: "Dear Ladies & Gentlemen, adjust your SL based on your strategy & risk! Protect your capital!" ⚠️
🎯 TARGET (The Getaway):
POLICE BARRICADE @59.000! 🚨👮
ESCAPE WITH STOLEN MONEY BEFORE THEN! Our getaway car waits @60.000! 💨💰
USOIL Looking to test the 62 range next couple of weeks