Thursday Forecast / Into Next weekNo we have Hit the daily FVG I am looking at the lows off 76.91 76.83 To be taken. In conjunction with my other forecasts this week of being Daily bias Bearish!! Shortby IamThattrader221
One more shove lower before blast off? The structure on Friday shifted into corrective looking waves, so I won't be surprised by another shove lower into fib support before the next meaningful run higher commences. If it goes up directly from here I will have some head scratching to do. by bcindc111
CRUDE OIL (CLN2024, USOIL, WTI)... BEARISH!Bias is Bullish. Daily TF shows 2 weeks of consolidation supported by a Daily +FVG. Friday finally saw a "BO" as price traded through the swing high with a close above it. Note that price is now inside the a Daily -FVG. Potential for a bearish reaction? Yes. However, I believe it will be shShortby RT_MoneyUpdated 446
Will oil plummet? Or is this chart primed for a reversal?Oil ended april as a first red month, in which case may id be looking for sell high, they kept price suppressed and didnt attempt to make any significant higher highs this month, since there was no real place, except the start of may, to sell high, (and fundamentals somewhat driving my thesis) i woLongby thesturdygentleman115
Weakness still on in Crudeoil chart..#CRUDEOIL Weakness still on in Crudeoil chart... Support area 5800-5750 Charts for Educational purposes only. Not a Trading Recommendation. Strictly follow risk reward and stop loss. Thanks V Trade PointShortby vichithra4
Crude**CrudeOil:** The forecast is for the price to rise to the top of the channel and then reverse the trend and fall to the key level at 72.69.by simaoxceps3
Oil Daily Charts - Long Trade - Image I'm looking to take a long here on oil, we have had a good pullback, and I believe we are still in a bullish phase, so I will take a long. TP and SL are as per the image. Longby TraderRiz3
Event-Driven Strategy using WTI Weekly OptionsNYMEX: WTI Futures ( NYMEX:CL1! ) and WTI Weekly Options ( GETTEX:LO5 ) OPEC+, the coalition of the world’s leading oil producers, will convene on June 2nd to decide production policy for the second half of the year. The powerful oil cartel consists of 13 OPEC members and 9 nonmember participants, Longby JimHuangChicago5
Crude Oil Tuesday ForecastI Have in Mind that we will be BEARISH bias mostly this week as we have Tapped into the Premium Daily FVG yesterday and rejected lower. My two targets shown in the forecast are the arrows. Daily PDL Weekly SSL Now it is important to realise that the market is moving in London and a straight sell iShortby IamThattraderUpdated 2
Crude OilThis is not a trading signal, it is my own opinion, if you copy the trade is on your own risk. Oil has broken the down trend channel , so far there is still move to the down side to retest the previous support, which will probably create triple bottom to indicate for break through to the up trend iShortby sahli072