In this solo video, Vladimir Ribakov of Home Trader Club delivers a detailed technical analysis of crude oil and outlines a short‑term trading plan. He begins by reviewing the weekly chart, noting that oil failed to sustain three higher highs and higher lows, completing an ABCD pattern with a bullish divergence on the moving average. He identifies a key price zone where a rising support line, a high‑volume profile balance area, and previously broken resistance now act as support, suggesting this zone will attract buying and provide pull‑back opportunities. Switching to the 4‑hour chart, he plots Fibonacci expansions, highlighting the 100%–161.8% levels, and points out that RSI is near oversold, hinting at a potential slowdown. Ribakov explains his entry strategy: look for “fake lows” where price briefly dips, attempts a new low that fails, and then reverses, while indicators such as MACD or RSI show higher lows (divergence). These conditions would trigger buy orders. He concludes with a call to action for viewers to like, subscribe, and join the Home Trader Club for further education, while thanking the sponsor Adka Broker.
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Hello traders, how are you? Vladimir here from Home Trader Club. In this video, I would like to share my analysis and trading plan on oil. And before I go to the charts, big thanks and thumbs up to Adka Broker for supporting me, my work, my channel, and my community. To enjoy the special offers we have with Adka Broker, Please check the link in the description. So after oil failed to hold the three higher highs, higher low, I was personally looking to buy these dips from the support. And this moment there was no setup to trade; it was just one straight move down. So no real bullish opportunities. And after this pattern failed, here comes the question: What's coming next on? Oil. And here is the important zone I believe oil is going to reach and provide buy opportunities from, and basically sell opportunities towards this zone. So if we go back to the weekly chart and analyzing the most recent scenario according to this, after the 3 waves— let me just redraw that, uh, here we go— after the 3 waves down with the bullish divergence on the moving average The oil completed its ABCD structure. From here, there are basically two main scenarios oil can go and follow. One, it is going to enter here this zone, retrace, and continue its uptrend. Second is that all that was first leg of second leg to come to the downside. Before the, let's say, key supportive zones, which are much further than the current levels, would be reached. Okay, but this is for the long term, and I'm not going to explain now what I expect to happen on the next 1-2 years. My opportunities basically comes— oops, sorry— my opportunities are basically from here, this zone. And here is why I love this zone On the short term, because I believe that's the area where the buyers could go and actually reject and resist the sellers. So first of all, if we connect these lows, we receive this beautiful rising supportive line. If we take a look on this area, we have huge volume profile based balance zone. Okay, take a look how many of these levels are in play. And before that. Right? This was the first wave move down, and then we started to get the higher highs, higher lows. So this is basically what broken resistances that now will act as a support. All this area is also very important because after the first shot up, buyers took some little break before the next push upside, and it was almost on a completed retest. So that's exactly where I believe that oil is heading on the short term, and from there very possibly to stop and provide these pullbacks. Okay, so with this, uh, basically levels in mind, going down to the 4-hour chart, plotting Fibonacci expansion on the ongoing waves, here is what we can see. We are right now Next to the 100 level right here. Okay, and RSI is very close to oversold conditions. Last time it happened was here. This is where we got the beautiful retrace from. So will we get that in this time? Not—I'm not quite sure it's over, but I do think we should start to see some slow down here. Okay, and with this slow down, I also would want to see pullbacks. Right, and further drops to play in between the range of 100 to the 161.8 Fibonacci expansion, which also fit with the rising supportive line and the demand areas and the broken resistances that now act as support we saw before. So on a short term, these zones could provide pullbacks which I would be looking for further sales and The way I will be looking, uh, on the buys afterwards is basically when we start to get these fake lows, which means low, pullback to the upside, another low attempt to make a low which fails and creates a fake breakout, pulls back, and so on. Uh, once we get that series of fake lows, and while the market will make lower lows, I want to see higher lows on the indicator. That could be on the MACD, it could be on the RSI as well. This will be the place where I'll be start buying the oil. So that would be it for this video. I hope you find value in it, and if you do, please don't forget to hit this like button and subscribe to the channel if you are new to this channel. I also want to invite you to our trading family, the Home Trader Club, where you get your access to our full trading courses, real-time trading education and opportunities. Access to the community, myself, and so, so, so much more. Join us with the link below this video in the description. I wish you and yours all the very best. Good trading. I'll see you soon with more. Bye for now.
