USOIL WTI CRUDE Supply And Demand Analysis
See Picture For More detail.
2 Options)
1) Wait for price to enter HTF 1hr supply and wait for new 5min/1min confirmation sell shorts.
2) 1Timeframe Long setup. Big con here is price is not inside HTF 4hr or daily demand. Yes, Price is inside weekly but I can see price go lower into demand.
This area can also be used as the HTF and wait for new lower timeframe 1min/5min long setups.
2 Options)
1) Wait for price to enter HTF 1hr supply and wait for new 5min/1min confirmation sell shorts.
2) 1Timeframe Long setup. Big con here is price is not inside HTF 4hr or daily demand. Yes, Price is inside weekly but I can see price go lower into demand.
This area can also be used as the HTF and wait for new lower timeframe 1min/5min long setups.