USOIL 73.02 - 1.01 % WEEKLY MULTI TF ANALYSIS

HELLO TRADERS

Hope everyone is doing great
📌 A look at USOIL from HTF - MULTI TIME-FRAME ANALYSIS

USOIL DAILY TF

* Last week saw a bearish close with the weekly FVG holding & beautifully rejecting.



* The sentiment is still strongly bearish for OIL from HIGHER TF perspective.
* The weekly & daily TF show we are still trading in a range on a bearish trend towards that ERL.

USOIL DAILY TF

* The picture is clearer with strong bearish moves from the daily.



* some volume imbalance left behind.
* possibly to be filled before we take that ERL.

USOIL 4H

As we head lower we see some bullish potential for some retracement.




* With the week to opening Bearish (PO3) could see this move with tomorrows crude inventories .

* sentiment the same on the hourly tf.



* This rally with the bulls & strong momentum to the down side could see some reversal.
looking for some signs of this on todays price action.

* LETS SEE HOW THE MARKET DISHES
🤷‍♂️😉🐻🐮

HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.

SEE YOU ON THE CHARTS.

IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED

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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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* ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤

LOVELY TRADING WEEK TO YOU!