🔰 Pair Name : XTIUSD
🔰 Time Frame : 4hrs/ Daily
🔰 Scale Type : Long Scale
🔰 Direction : Long/ BUY
In recent times, the market has witnessed a significant development: the emergence of a Daily Bullish Pin Bar on Friday. However, it is worth noting that this particular bullish pin bar displayed signs of failure in terms of price action. This prompts us to contemplate the future trajectory of USOIL. Is this indicative of a conclusion to its upward momentum, or does it present a favorable buying opportunity?
From a technical standpoint, we find ourselves at a critical juncture as we have reached the monthly and weekly demand zone, with the price currently residing within a 1-hour demand zone. Based on this analysis, our expectations lean towards a potential upward movement at this juncture, as we anticipate the price to initiate a recovery phase for the summer season.
Nonetheless, it is crucial to exercise prudence and further evaluate market indicators and trends before reaching a definitive conclusion. As professional traders, we recognize the significance of thorough analysis and the need to consider multiple factors that can influence market dynamics.
Therefore, I encourage you all to exercise due diligence, closely monitor market conditions, and make well-informed decisions based on a comprehensive assessment of the available data. May we navigate these market waters with precision and astuteness as we embark on this summer's trading endeavors.
🔰 Time Frame : 4hrs/ Daily
🔰 Scale Type : Long Scale
🔰 Direction : Long/ BUY
In recent times, the market has witnessed a significant development: the emergence of a Daily Bullish Pin Bar on Friday. However, it is worth noting that this particular bullish pin bar displayed signs of failure in terms of price action. This prompts us to contemplate the future trajectory of USOIL. Is this indicative of a conclusion to its upward momentum, or does it present a favorable buying opportunity?
From a technical standpoint, we find ourselves at a critical juncture as we have reached the monthly and weekly demand zone, with the price currently residing within a 1-hour demand zone. Based on this analysis, our expectations lean towards a potential upward movement at this juncture, as we anticipate the price to initiate a recovery phase for the summer season.
Nonetheless, it is crucial to exercise prudence and further evaluate market indicators and trends before reaching a definitive conclusion. As professional traders, we recognize the significance of thorough analysis and the need to consider multiple factors that can influence market dynamics.
Therefore, I encourage you all to exercise due diligence, closely monitor market conditions, and make well-informed decisions based on a comprehensive assessment of the available data. May we navigate these market waters with precision and astuteness as we embark on this summer's trading endeavors.
Zlecenie aktywne
Komentarz:
Komentarz:
OIL SHOOT UP exactly at our 1h Demand Zone!
Transakcja zamknięta: osiągnięto wyznaczony cel
Komentarz:
Reached supply zone, prepare to sell
