RB - Potential for scalping a squeezePotential to catch a scalp with possible squeeze momentum after BO of sustained bear trend, Would need significantly more bars with good bulllish momentum to consider long.Longby AgedvagabondUpdated 0
Analysis of 3 to 6 months of gasolineThe price of gasoline reached its ceiling at 4,000, and with the correction of the price, it has now reached 2.49 From my point of view, this can be a price correction in the long-term analysis, and the price of gasoline will reach the range of 3 targets in the long term. As I specified in the analLongby sashacharkhchian1
GASOLINE Short-term buy. Sell at the right time.Gasoline (RB1!) is on a 3-day bullish 1D candle run after testing and holding the 1D MA50 (blue trend-line) this week for the first time since February 05. On the wider scale, this is the Bullish Leg of the 18-month Channel Down and it is approaching its top (Lower Highs trend-line). As you can seeLongby TradingShot4
Cup and Handle Pattern in Gasoline!Next to Cocoa, Gasoline comes in 2nd place for the best total return performance in Q1 2024 amongst commodity markets. The infamous cup and handle pattern has emerged, adding a level of upside conviction in this trade. Fundamentals: Severe weather developments here in the USA and geopolitical suLongby Blue_Line_Futures0
Market maturity in wave 1 and 2! or sideways corrective patternDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find iLongby mehdi47abbasi797
GASOLINE Sell signal approachingGasoline (RBOB1!) is staging a short-term rebound towards the top of the (dotted) Channel Up ahead of a 1D Golden Cross. The 18-month pattern is a Channel Down and last time we saw those technical dynamics was during the previous Bullish Wave/ Channel Up that peaked on the 1.236 Fibonacci extension Shortby TradingShot11
Corrective sideway structure?!!!Greetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave PrinciplLongby mehdi47abbasi797
Buy March unleaded at 222.42 limit, if filled stop at: 215.20TV new trade. lookinng to buy unleaded gasoline on possible pullback. Buy March unleaded at 222.42 limit, if filled stop at: 215.20, tgt 237.80Longby Cannon-TradingUpdated 1
Long Long Long LONGGGGGI labelled everything in the chart, its a good enough description. Looking for MUCH higher prices, this has been an accumulation of a lifetime.Longby MikeMMUpdated 114
GASOLINE Buy signal if 1D MA50 breaks.Gasoline (RB1!) has had a strong 3-day rise last week but that is still contained within the bearish barriers of a Channel Down. However during this whole pattern, the 1D RSI has been developing a Channel Up, hence a Bullish Divergence for the price. As a result, we will look to the 1D MA50 (blue tLongby TradingShot224