shiyishiyi

shiyishiyi

it's been a while guys! So technically I'm a fibo guy, a test was conducted between 0.5 - 0.618 zone. and friday last 4 hours session retested the 0.5. Zooming out, with what is happening in the world, there's a chance it will dip even further as the world needs more investment for Oil and Gas industry. Short term view, I see a raise in oil to 78 or extend to...

shiyishiyi

Hey guys, I know it's been a while. I took some time off from trading to reflect my losses. sometime is about going to the basic and in order to grow, we got to break what we've learnt and relearnt everything once more. I have tested by applying what I always believe in, Fibonacci, S&D + a few indicator to support my set of rules. The testing is still in...

shiyishiyi

After a long bull run, finally it has showed some retracement and it has enter a new created support zone. It looks promising and I am taking a long trade ! BUY!

shiyishiyi Updated 

Hi guys! Oil looking promising and I personally waiting for 0.5 line to be tested before longing it. as shown is my analysis on a 4H timeframe. Let's see how the oil will play out!

shiyishiyi

Good morning guys! so currently I am sitting out from Oil trading. It was a big fall last night and indeed the weak candles has confirmed for me that weakness was in place. Will wait till wednesday before placing my trade again. Hope you guys managed to capture it a few days back!

shiyishiyi

Hey guys! How are you guys doing! O hope from the previous analysis, the daily fake out from DAILY timeframe got you guys a confirmation and brought toward more downside. What I'm seeing now is that it shall go back and test 110.70 zone and probably bring more downside to 105, 103 and possibly to 95 range. However, shall it break the resistance zone with a...

shiyishiyi

Hello guys! it's been a while since I've posted to refocus my entry methods. Currently we are looking at a resistance zone. Personal view is that Volume is low and there's a good possibility of going back down to support zone. could see 113.20 has been rejected twice, so am taking a short position with 1:3 RR and shall see how it play out!

shiyishiyi

Hey guys, Oil looks like going down once again. it looks like going to test 109.91 once again before heading down. personally I have set an alert at 108.2 to monitor the price action before going to short it. what do you think? good luck!

shiyishiyi

Hey guys, WTI has retested a resistance zone and is likely to move downward with the respective fibonacci level. a long wick created yesterday due to OPEC but I see more down side to it What do you think?