🌐 Crude Oil: weekly analysis for April 19-23.
✍️ Over the past week, black gold buyers, according to current CoT reports, have reduced the net bullish outperformance by 1% from a week ago.
Institutional investors anticipate a unidirectional move during the new trading week, reducing the number of locked positions by more than 5%.
Important medium-term resistance levels during the new trading week are the hedger zone premium level (63.55) and the market maker loss level (64.50).
⚠️ The main scenario for the coming week is the formation of the pattern to sell in the price range of 63.55-64.50 and the subsequent decrease with the target benchmark - the balance of the week 61.50.
The $14.5 million increase in positions on the upside additionally strengthens the level of the largest net profit of the marketmaker (61.50).
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Institutional investors anticipate a unidirectional move during the new trading week, reducing the number of locked positions by more than 5%.
Important medium-term resistance levels during the new trading week are the hedger zone premium level (63.55) and the market maker loss level (64.50).
⚠️ The main scenario for the coming week is the formation of the pattern to sell in the price range of 63.55-64.50 and the subsequent decrease with the target benchmark - the balance of the week 61.50.
The $14.5 million increase in positions on the upside additionally strengthens the level of the largest net profit of the marketmaker (61.50).
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Trade active:
💡 Crude Oil: hedger resistance zone is close!
⚠️ The nearest resistance level for the first business day of this trading week is the premium level of the weekly hedger resistance zone (63.56).
❗️ The main scenario for today is a rebound from the price level of 63.56 and further decline with the target till the end of the currency day - limit buyer (61.50).
✍️ The addition of $14.5m upside positions further strengthens the limit-buyer level (61.50).
❗️ The main scenario for today is a rebound from the price level of 63.56 and further decline with the target till the end of the currency day - limit buyer (61.50).
✍️ The addition of $14.5m upside positions further strengthens the limit-buyer level (61.50).
Trade active:
🔥 Crude Oil: increased market maker targets on 19-23 April.
⭐️ The price of black gold rose significantly during the first working day of the current week, with the upper bound of the marketmaker's profit zone increasing from 64.50 to 64.80.
In this vein, upside targets for the first half of the trading week are worth adjusting.
The nearest resistance price range is 64.35-64.80, where the current market maker loss level is located.
During the second half of the trading week, if the mentioned upside targets are reached, we expect formation of a sell pattern and a target decline with the nearest target,- balance of the day.
If the price reaches the support, the current balance of the week (62.00) will be the guiding target for the further decline.
In this vein, upside targets for the first half of the trading week are worth adjusting.
The nearest resistance price range is 64.35-64.80, where the current market maker loss level is located.
During the second half of the trading week, if the mentioned upside targets are reached, we expect formation of a sell pattern and a target decline with the nearest target,- balance of the day.
If the price reaches the support, the current balance of the week (62.00) will be the guiding target for the further decline.
Trade active:
👌 Crude Oil: retesting the week's balance level.
🎯 The main scenario for the European trading session is a decline and subsequent test of the Buy Limit level (61.77).
In case of formation of the pattern on purchase we expect the rise with the nearest target, the balance of the day (62.68).
✅ In case of realization of alternative scenario,- fixation below 61.77, we expect continuation of falling to the level of premium of weekly hedgerow support zone (61.12).
In case of formation of the pattern on purchase we expect the rise with the nearest target, the balance of the day (62.68).
✅ In case of realization of alternative scenario,- fixation below 61.77, we expect continuation of falling to the level of premium of weekly hedgerow support zone (61.12).
Trade active:
🔹 Crude oil: locked below the balance of the week, what next?
♻️ Based on Wednesday, April 21 trading results, black gold closed below the market maker's largest net profit level (61.50).
In case of a successful test of the day's option balance level (61.34), we expect a continuation of the target decline with a final benchmark before the end of the currency day,- limit buyer (60.45).
💠 A $12.2m upside gain further enhances the probability of a rebound from the indicated price support level.
In case of a successful test of the day's option balance level (61.34), we expect a continuation of the target decline with a final benchmark before the end of the currency day,- limit buyer (60.45).
💠 A $12.2m upside gain further enhances the probability of a rebound from the indicated price support level.
Trade active:
📊 Crude Oil: asset near balance before trading week closes.
✍️ The main scenario for the last working day of the current trading week is a decline towards the marketmaker balance level (61.50).
📉 In case of breakdown and fixation below the specified option support we expect continuation of decrease to the level of the limit buyer (61.02).
In case of a successful test of the limit buyer level, the previously mentioned balance of the week (61.50) is the growth target.
📉 In case of breakdown and fixation below the specified option support we expect continuation of decrease to the level of the limit buyer (61.02).
In case of a successful test of the limit buyer level, the previously mentioned balance of the week (61.50) is the growth target.
