The Crude Oil future is in general in a decreasing trend, but inside the hallway between R1 and S1 it was increasing. Currently, we have signs of decreasing trend, since we have that red volume and red candle after succession of green candles. The advice is to sell CL now for intraday trading. We expect its decreasing to reach the S1 Support.
Hello traders, The oil future is marking signs of an increasing trend. We have important volume and special candles that assure this increasing trend. For Intraday trading, it will be profitable to buy now, and wait either for the red volume and red candle to sell, or wait a break of the resistance R1. The advice for intraday trading is to buy and wait for red...
Hello Traders, Since 12 June, CL is taking an increasing trend, despite some up and down changes. The pitchfork indicator shed light on the hallway and the trend support on which the CL is making progress. If the CL breaks down this support, I expect a comeback to first resistance. The Advice about CL: In general, CL is taking an increasing path Bounded by the...
So what we have here, this Thursday i was watching usoil a lot and watching the price re-act after touching a support or a resistance level and to be honest it was insane xD . anyways i would like to enter a short position after the price break the lower trend line , which might happen . yes we have a bearish flag here and we might see a lower price in oil . this...
after all i notice on the chart high probability with makeup the spring box after down direction trend the trend going up
after all i notice on the chart probable trend go down to test the support zone
In the next few hours , we expect that OIL will go down since it breaks the equilibrium range with a high level of volume and high Candlestick. So selling OIL Future right now will be a good choice The level to which CL will decrease too is specified by the arrow
high probability, after all i notice on the chart the trend goup to test the support line
A new trade on CL1!, high chance that the price will go high the TP is 100 ticks, and the SL is 15 tikcs I very recomend this trade (High profet, low risk, a perfect timing and perfect signal)
here we have all the trend line the support and resistance levels for the Crude Oil 15M chart
i like this configuration so much, it's one of my favorites. here we have a support level with a nice candlestick and volume, the market is bearish so the breakout on this support will be interesting with an impulse movement after the breakout. Nice & Simple & effective. write me your thought about this trade on the comments and share it if you feel that it's...
You can smell the struggle for buyers in the air, the retrace should first be faded at the next technical breakdown as smart money insists on elimination of the base. After the attack, we can start to look at forming a new base, rinse and repeat! If you wish to undermine construction, you naturally will not make it in this game and likely not as an architect...
In our last analysis, we were targetting $65.50+ on oil and we got our profit target with a little help from the increased Middle Eastern tensions. From there the news subsided for the most part (tensions still high) and everything was priced in. Causing Oil to regulate back down to the "normal" levels. Price plunged through all the immediate support levels....
A good time to update the Oil chart after the OPEC desperation leg. Those following the previously posted long-term macro chart will remember the breakout we have been tracking: On the demand side, manufacturing remains sluggish and we are again outguessing signs of the effects on the demand side. Equities wont be able to hold Oil up for too much longer, this...