Turning our attention to US-Oil as our second highlighted pair this week, we've witnessed a complete reversal in order flow. However, I anticipate another change in the upcoming week. There are two possible scenarios: either we continue with the current bullish momentum, further accumulating liquidity, or we reach the upper range boundary and switch to a bearish outlook. Our strategy involves monitoring the 15-minute swing range and assessing if it aligns with the order flow on lower time frames. If there is confirmation, we will consider shorting oil, aiming for the significant weekly level (SWL) on the 15-minute chart as our primary target.
Considering the overall fundamentals, over the weekend, the US has reached a deal to extend and increase their debt default. This development suggests the potential for a substantial market movement upon the opening.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Considering the overall fundamentals, over the weekend, the US has reached a deal to extend and increase their debt default. This development suggests the potential for a substantial market movement upon the opening.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
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FREE trading community & FREE YouTube content!
Learn the Orion Trading System with the link below.
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Vist our website - orionrfx.com
FREE trading community & FREE YouTube content!
Learn the Orion Trading System with the link below.
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
FREE trading community & FREE YouTube content!
Learn the Orion Trading System with the link below.
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。