Mastering WTI Crude Oil with SMC & ICT Strategies Buy/Sell Zones

27 déc. 2024

USOIL Mastering WTI Crude Oil with SMC & ICT Strategies: Key Buy/Sell Zones
Analysis:
Price Action Strategy:
Support and Resistance Levels:

Support: Around 69.20 (Equal Lows)

Resistance: Around 70.50 (Swing High)

Trend Analysis:

The price is currently in a downtrend, indicated by lower highs and lower lows.

Candlestick Patterns:

Look for bullish reversal patterns near the support level for potential buy entries.

Look for bearish reversal patterns near the resistance level for potential sell entries.

SMC Strategy:
Liquidity Sweep:

A liquidity sweep is observed around 70.50, indicating a potential reversal zone.

Fair Value Gap (FVG):

An FVG is identified around 69.80, which could act as a magnet for price.

Change of Character (CHoCH):

Multiple CHoCH points are marked, indicating shifts in market structure.

ICT Strategy:
Break of Structure (BOS):

A BOS is noted around 69.90, confirming a bearish bias.

Fibonacci Retracement:

Key levels: 0.786 (70.40719), 0.705 (70.292575), 0.618 (70.16947), 0.5 (70.0025), 0.382 (69.83553), 50.00% (69.57).

Volume Profile:

High volume nodes around 69.57 suggest strong support/resistance.

Buy Signal:
entry: 69.57
tp1: 70.00
tp2: 70.50
sl: 69.20

Sell Signal:
entry: 69.20
tp1: 68.80
tp2: 68.50
sl: 69.57
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27 déc. 2024

Transaction en cours

LONG entry: 69.57
tp1: 70.00 HIT NEXT TARGET tp2: 70.50