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OIL Short Setup 🔵 Entry Level: $82.95 🟢 Take Profit: $79.49 (2.22) ⛔ Stop Loss: $84.51 Reasoning: 1) Yesterday's trades went as planned, unfortunately, I wasn't behind my desk to assess the volume and take them, but If you did, good for you. We are approaching the middle trendline, so I expect a small retracement after that point. 2) I am also expecting a...

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S&P500 Short Setup 🔵 Entry Level: $4577.3 🟢 Take Profit: $4532.0 (1.31R) ⛔ Stop Loss: $4612.0 Reasoning: 1) We formed a double top and while the Risk-Reward-Ratio is not very favorable (just 1.3) the setup does provide for quick scalping. 2) With that being said, considering the spread on the platform you are trading (or commission) and the weekend fees (if the...

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OIL Long Setup 🔵 Entry Level: $80.60 🟢 Take Profit: $82.84 (2.8R) ⛔ Stop Loss: $79.80 Reasoning: 1) Apparently the two trades from yesterday failed and we went much lower than expected. The price is currently resting on the lower trendline of the ascending channel, so I am expecting a slight move up. 2) Target is set at the middle trendline in the ascending channel

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Oil Long Setup - 3 Levels 🔵 Entry Level: $82.89 🟢 Take Profit: $85.29 (2.26) ⛔ Stop Loss: $81.83 🔵 Entry Level: $81.21 🟢 Take Profit: $84.35 (3.78) ⛔ Stop Loss: $80.38 🔵 Entry Level: $80.31 🟢 Take Profit: $82.83 (3.27) ⛔ Stop Loss: $79.54 Reasons: 1) I've marked the three levels of interest that I have for opening long orders. I will be monitoring each one...

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OIL Short Setup 🔵 Entry Level: $84.72 🟢 Take Profit: $80.03 (3.58R) ⛔ Stop Loss: $86.03 Reasons: - I'm expecting the price to bounce off the first level (marked for a long position) and continue trending up until it reaches the upper trendline again. - So far the price has been respecting this ascending channel - I am not taking the long position, but I've marked...

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S&P500 Short Setup 🔵 Entry Level: $4539.1 🟢 Take Profit: $4482.8 (2.16) ⛔ Stop Loss: $4565.2 Reasons: - I'm expecting a test on the $4522, flipping resistance into support - Then potentially a double top can form at the entry level, which would open an opportunity for a short

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GOLD Long Setup 🔵 Entry Level: $1780.11 🟢 Take Profit: $1830.74 (RR 3.4) ⛔ Stop Loss: $1765.20 Reasons: - Expecting the price to turn previous resistance into support before continuing up

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SPX500 Short Setup 🔵 Entry Level: $4486.0 🟢 Take Profit: $4426.9 (1.28R) ⛔ Stop Loss: $4532.1 Reasons: - Reaching resistance level at $4485 - Expecting either divergence or highly overbought level on the PVS Indicator by the time price reaches that level. Game plan: If the price flips this resistance into support (tests it), I may close the trade prematurely...

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GAS Long Setup 🔵 Entry Level: $5.673 🟢 Take Profit: $6.094 ⛔ Stop Loss: $5.441 Reasons: - So far the price is respecting the ascending channel; - I believe the price may bounce off the lower trendline in the area between $5.535 and $5.670. Game Plan: If the price goes through the lower trendline (yellow), which at the moment acts as a support level, then I...

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Oil Short Setup 🔵 Entry Level: $82.58 🟢 Take Profit: $79.39 ⛔ Stop Loss: $84.29 Reasons: - So far the price is respecting the ascending channel; - I expect an overbought level on the PVS Indicator by the time the price reaches the upper trendline; - Volume is not supporting the up movement;

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Oil Long Setup 🔵 Entry: $62.62 🟢 TP & RR: $64.61 (1.7) ⛔ Stop Loss: $61.45 Trade Reasons: ✔️ 0.618 Fib level ✔️ 0.5 Fib level ✔️ Previous Support/Resistance level

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SPX500 Short Setup 🔵 Entry: $3,885.0 🟢 TP & RR: $3,787.4 (1.91) ⛔ Stop Loss: $3,936.1 Trade Reasons: ✔️ Price bounced off the upper trendline ✔️ Price still ranging within the triangle ✔️ Somewhat overbought levels

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Oil Short Setup 🔵 Entry: $67.20 🟢 TP & RR: $64.54 (1.96) ⛔ Stop Loss: $68.56 Trade Reasons: ✔️ Gap to fill ✔️ Overbought level ✔️ Market Structure

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Copper Short Setup 🔵 Entry: 4.0263 🟢 TP & RR: $3.8877 (1.89) ⛔ Stop Loss: $4.0996 Trade Reasons: ✔️ Position in direction of the trend ✔️ Price reversed at the upper diagonal trend line

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Gas Long Setup 🔵 Entry: $2.740 🟢 TP & RR: $2.890 (2.14) ⛔ Stop Loss: $2.670 Trade Reasons: ✔️ Oversold Level Market Flow ✔️ Diagonal Trend Line Support

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Gold Long Setup 🔵 Entry: $1713.45 🟢 TP & RR: $1758.72 (1.48) ⛔ Stop Loss: $1682.92 Trade Reasons: ✔️ Support Level ✔️ Market Flow Green 📝 Basic setup, a retest of the support level. If it holds, price should start trending up. If price goes through it I expect a sharp drop. The RRR isn't great, but once in a position I will trial the SL and let price get me...

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Oil Long Setup (refer to the trade marked with "2") 🔵 Entry: $62.24 🟢 TP & RR: $64.55 (2.69) ⛔ Stop Loss: $61.38 Trade Reasons: ✔️ Support Level 📝 A very basic setup relying on a support bounce. I still believe that we need to reach the 1.618 level before price reverts (the setup posted yesterday and marked with "1"). In the meantime I want to take advantage...

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Gas Long Setup (refer to the setup marked with "2") 🔵 Entry: $2.704 🟢 TP & RR: $2.898 (3.4) ⛔ Stop Loss: $2.647 Trade Reasons: ✔️ Support level ✔️ Close to the 0.618 Fib retracement ✔️ Diagonal trend line within ascending channel 📝 A few things to note here: 1. Seeing how price action develops, you may close the trade setup suggested yesterday (marked as 1)....