Oil turnaround to upside ?

5월 15일

Recent developments in the US oil market have sparked optimism among analysts, as prices appear to be finding solid support on a macro trendline when viewed on a weekly timeframe. This suggests that after a period of volatility, oil might be gearing up for upmove.It might check the levels to upside from here with targets of 80,82,84 above.

5월 15일

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Daily timeframe chart for reference

5월 16일

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found one short trade here

5월 16일

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5월 17일

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Apply buy on dips strategy for intraday one can get its & bits trade but 78.40 area seems good support to hold for buy to get big profit range til 80,82

5월 20일

액티브 트레이드

80 acheived

5월 21일

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5월 21일

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On shorter time frame30 mins timeframe looks bearish but it is testing the area near to weekly time frame trendline again until weekly trendline intact long is valid buy at supports.

5월 21일

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there is demand zone exists on 77 area where it took support twice rallied to 80 good risk reward

5월 22일

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Approcahing 77 demand area watch for positive price aciton here to long , if voilates 77 long invalid

5월 23일

액티브 트레이드

if this stops out long invalid may go test 75 area from here

5월 23일

액티브 트레이드

5월 24일

매매 수동청산

voilated below 77 closing this idea here , will come up with new one for next week .