High Probability Intraday Setup for Crude Oil Futures
The following are trades setup ideas in 15 mins chart for Crude Oil Futures.
There are 2 distinctive dotted lines labeled as
1. AI's Intraday Resistance
2. AI's Intraday Support
These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short.
Long Setup
If price action closed above the AI's Intraday Resistance line
AND above Pivot Point R1 line
AND continue to demonstrate strength by retesting and closed above Pivot Point R1 line, the idea is to long and take profit at Pivot Point R2 or/and R3 price region.
And/Or
Range Setup
If price action closed below the AI's Intraday Resistance line
AND continue to demonstrate weakness below the AI's Intraday Resistance line, the idea is to short and take profit at AI's Intraday Support line region.
Traders could play a reversal intraday trade should price action rejected the low price at the AI's Intraday Support line by either an inverted hammerhead candle pattern or a bullish engulfing candle by taking a long trade. Profit target could be at the AI's Intraday Resistance line.
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
This is highly recommended to trade during Europe and US market hours for liquidity and volume for this product.
There are 2 distinctive dotted lines labeled as
1. AI's Intraday Resistance
2. AI's Intraday Support
These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short.
Long Setup
If price action closed above the AI's Intraday Resistance line
AND above Pivot Point R1 line
AND continue to demonstrate strength by retesting and closed above Pivot Point R1 line, the idea is to long and take profit at Pivot Point R2 or/and R3 price region.
And/Or
Range Setup
If price action closed below the AI's Intraday Resistance line
AND continue to demonstrate weakness below the AI's Intraday Resistance line, the idea is to short and take profit at AI's Intraday Support line region.
Traders could play a reversal intraday trade should price action rejected the low price at the AI's Intraday Support line by either an inverted hammerhead candle pattern or a bullish engulfing candle by taking a long trade. Profit target could be at the AI's Intraday Resistance line.
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
This is highly recommended to trade during Europe and US market hours for liquidity and volume for this product.
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