Long time finish 50.70 SELL 2 ORDER 2 Different sl 04.10.2016 end of cycle TG1 40 TG2 37,5 Have a good trip :)
FX:USOIL Safe Trades;
Wait for $45.4-$45.8 next week to see price action * This is my personal homework only, not an recommendation.
Crude is at 618 retracement, Buying Volume is low, is hitting 288 MA on 4 hour chart, speculative positions are declining , dollar is at its lower channel, go short with the target of $36
Crude is at 618 retracement, Buying Volume is low, is hitting 288 MA on 4 hour chart, speculative positions are declining , dollar is at its lower channel, go short with the target of $36
Trend now showing on 1H down so we advice Sell oil cmp 44.6 sl 45.5 TP 43
FX:USOIL Safe Trades;
In this chart I feel oil is bearish until 37.95, we have here on the daily what seems to be an inverse Head and Shoulders Pattern. if prices do reach 37.95 and stay above 37.95, we can see a rally towards 50-51$ and possibly even beyond that. thus possibly breaking past the downward channel. keep your eyes peeled for this one. This does not represent a trade...
CRUDE WE CAN FALLOW YELLOW LINE
There is still the potential for oil to slip to test or drop below the recent lows. After the big drop we had a stutter step and a retracement followed by another big drop. If price disrespects the 4 hr trend line look for a retracement. It is not if, but when and how far. While oil futures are painting a rosy picture price may be being slightly manipulated. -...
In looking at the recent weeks data and the way the price of Oil has reacted to the 15 EMA I am very very interested in a short, potentially from tomorrows open. I may have a look at the price in the early European session to see if it pushes up to even touch the EMA - just to get the best price. But I would predict a strong decline tomorrow based on the...
There is a clear pattern of candles before each fall...
FX:USOIL Buy the Breakout, Sell the advanced pattern; The Shark The Cypher The Bat Full Ratios Safe Trades;
Watch the Next 50 cents very carefully. Oil needs to make lower lows and stay in the band. Right now all forces are pointing South Oil continues to go down on high volume. MA 50 (Red line) is below MA 200 (Grey line) China is just starting to end it's massive strategic reserve buying Iran is doubling it's production US production has gone up ...
Just Technicals - 1- Lower Top, Lower Bottom 2- Bearish Flag 3 - Near Trailing MA 4 - Can Magnet to 41.90 before Taking Correction
Rising wedge coming up on upper tl big wedge and second warning line old downsloper. I would short but EIA is coming in 5