Hope everyone is doing great 📌 A look at USOIL from MULTI TIME-FRAME ANALYSIS
🎯 CRUDE OIL INVENTORIES TOMORROW
- 7th Aug release was more than expected which meant weaker demand and was bearish for crude prices. The same can be said if tomorrow a decline in inventories is less than expected.
USOIL 4H TF
* Friday & monday where strongly bullish but tues came with change in delivery as we see strong bearish move. * The weekly & daily TF are still range bound . * USOIL took External range LQ & price will delive from the -FVG above. * We are trading in premium of the move, This is where I would be looking for short entries. * With PO3 looking to open bullish (fri & monday) to confirm a move Lower into +FVG on USOIL.
USOIL 1H TF
* Looking for the hourly to open Bullish into the 4h FVG because our HTF BIAS (PO3) . * We will see what does the market dish. * On the 4 hourly IRL > ERL.
- LOWER TF * ANALYSED IN REAL TIME
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
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* 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. _____________________________________________________________________________________________________________________
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LOVELY TRADING WEEK TO YOU!
การซื้อขายยังคงดำเนินอยู่
* OB hold
* looks good to hold swing.
* we are back at optimum entry for shorts
* scaling in would be great.
* manage Risk if you are holding
* update on Tues.