USOIL: Multi-Timeframe Analysis | Strong Setup Forming

I've been exploring through different markets over the past few days, and one thing that really caught my attention was USOIL

So, I decided to share my thought process of how I analyze any market from a top-down perspective while using all timeframes to create a bias.

Top-down analysis is always the key element of how I approach any market.

This way of viewing the market has really helped me to remove subjectivity when analyzing a pair.

Instead of relying on my personal view, I can confidently rely on what the market is showing me regarding trend and zones.

Adopting a mechanical perspective has genuinely helped to remove doubt and fear in my overall trading.

Now let's get into the top-down process:
12M:

6M:

3M:

1M:

2W:

1W:

1D:

Feel free to suggest which market you'd like me to cover next!

Comment:

Waiting for price to reach back into X2/2D Fractal block before considering getting into longs.

Trade active: