Summary of "π USOIL - NATGAS Opinion β USOIL & NATGAS Slide on Inventory Surge [TradingFinder]"
π USOIL - NATGAS Opinion β USOIL & NATGAS Slide on Inventory Surge [TradingFinder]
Key Assets and Instruments
- USOIL (Crude Oil)
- NATGAS (Natural Gas)
- Timeframes analyzed: 4-hour and 1-hour charts
Market Context & Macroeconomic Factors
- Geopolitical tensions in the Middle East are driving oil prices upward.
- Oil prices are currently in an uptrend but face short-term correction risks.
- Overall market outlook for oil is bullish with a low probability of a downward trend unless geopolitical tensions ease.
- Inventory surges and liquidity accumulation are influencing price movements.
USOIL (Crude Oil) Analysis
Price Levels & Targets
- Support / Order Block Zones: 62.3, 61.75, 61.47, 61.0
- Resistance / Order Block Zones: 64.56, 65.64, 68.52, 70.57
- Lower Possible Support if Bearish: 58.53 - 58.0 zone, 55.0, 54.5
- Short-term Correction Targets:
- 60.85 (4-hour order block zone)
- 62.12 (liquidity accumulation)
- Bullish Continuation: If price closes above 64.56, targets 65.64 and potentially up to 70.57.
Technical Indicators & Patterns
- Daily and 4-hour Buy Pressure Ratio (BPR) are bearish despite bullish price movement.
- RSI indicates a potential continuation zone but also shows bearish divergence suggesting a short-term pullback.
- Cumulative Volume Delta (CVD) divergence noted on 1-hour chart, supporting short-term downside.
- Liquidity zones and order blocks serve as key decision points.
- Bullish displacement and rejection block zones are important for confirming trend continuation or reversal.
Trading Strategy / Framework
- Watch for momentum confirmation at key levels: 60.85, 62.12, 64.56.
- Expect a short-term correction before resuming the upward trend.
- Use order block zones as support/resistance for entries and exits.
- Monitor RSI and volume divergences for timing corrections.
- Consider bullish continuation targets if price closes above 64.56.
- Prepare for possible bearish scenarios targeting lower zones (58.5 to 54.5) if geopolitical tensions ease.
NATGAS (Natural Gas) Analysis
Price Levels & Targets
- Support / Order Block Zones: 5.05, 5.111, 5.188, 5.057
- Resistance / Bullish Continuation Targets: 5.590, 5.722, 5.740, 6.190, 6.311
- Short-term Corrections: May test lower range 5.188 to 5.057 before bullish resumption.
Technical Indicators & Patterns
- Price moved aggressively upward, then consolidated in a range.
- Swing Failure Pattern identified near 5.05 level, signaling liquidity collection and bullish reversal.
- Order block zones and liquidity accumulation are critical for entry points.
- Bullish displacement and closing price above 5.740 signal continuation of bullish trend.
- Ryan Soldier strategy mentioned as a potential setup after liquidity collection and price close within range, with risk-reward ratios between 1:1 to 1:3.
Trading Strategy / Framework
- Look for buy opportunities near 5.111 and 5.05 support zones.
- Target resistance levels at 5.590 to 5.722 on bullish momentum.
- Confirm bullish continuation with price close above 5.740.
- Use Ryan Soldier strategy for sell positions if price closes within range after liquidity collection, placing stop loss behind swing.
- Monitor momentum and liquidity triggers at 5.518, 5.600, and 5.714 for trade entries.
- Manage risk via defined stop loss and favorable risk-reward ratios.
Summary of Recommendations
USOIL: - Expect short-term correction to 60.85β61.75 zone before bullish continuation. - Bullish breakout confirmed above 64.56 targeting 65.64 and higher. - Bearish scenario possible if geopolitical tensions ease, targeting 58.5 to 54.5.
NATGAS: - Buy near 5.05β5.11 support levels with targets up to 5.7 and potentially 6.3. - Confirm bullish continuation by closing above 5.740. - Use swing failure and Ryan Soldier strategies for entries and exits. - Manage risk with stop losses and aim for 1:2 or 1:3 risk-reward ratios.
Disclaimers
This analysis is opinion-based and does not constitute explicit financial advice. Emphasis is placed on using technical levels and momentum confirmation before entering trades.
Presenter / Source
- TradingFinder (YouTube channel)
- Analysis dated January 28th, focusing on 4-hour and 1-hour timeframes for USOIL and NATGAS.
End of Summary
Category
Finance
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