⚠️ Crude Oil: hedge zone as resistance for 5-9 April 2021
Overall market volume is up 6% on new CoT reports. The net outperformance of buyers over the past week is up 5%.
The likely nature of the medium-term flattening confirms a 10% increase in investors' locked positions.
🔝 In case of a successful test of the week's balance level (60.00), expect a rise to the premium level of hedger resistance zone (63.11).
🌐 In case of breakdown and fixation below the balance of the week (60.00), we expect the alternative scenario - corrective decline to the price level of $57.00, where significant buy orders are located.
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The likely nature of the medium-term flattening confirms a 10% increase in investors' locked positions.
🔝 In case of a successful test of the week's balance level (60.00), expect a rise to the premium level of hedger resistance zone (63.11).
🌐 In case of breakdown and fixation below the balance of the week (60.00), we expect the alternative scenario - corrective decline to the price level of $57.00, where significant buy orders are located.
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Trade active:
💡 Crude Oil: expect upside to sellers' limit level
⚠️ The closest support level for Monday is the buyer limit (60.12).
The indicated intraday option support level is further reinforced by the close of the week's option balance level (60.00).
🎯 In case of successful test of the mentioned support we expect a rise with maximum upside target before the end of the currency day,- limit seller (62.66).
The indicated intraday option support level is further reinforced by the close of the week's option balance level (60.00).
🎯 In case of successful test of the mentioned support we expect a rise with maximum upside target before the end of the currency day,- limit seller (62.66).
Trade active:
❗️ Crude Oil: revealed systematic accumulation in the hedgerow zone!
✍️ For the past three consecutive business days, institutional investors have been systematically increasing the number of buy limit orders near the $57.00 price point.
Based on the fixation below the balance of the week (60.00) on the first trading day, the main scenario for today is the retest of 60.00 and the subsequent decline with the nearest benchmark, the limit buyer (57.56).
🌐 Hedger support zone (57.00) is the medium downside target, which is reinforced by upside gains of $50.6 total.
Based on the fixation below the balance of the week (60.00) on the first trading day, the main scenario for today is the retest of 60.00 and the subsequent decline with the nearest benchmark, the limit buyer (57.56).
🌐 Hedger support zone (57.00) is the medium downside target, which is reinforced by upside gains of $50.6 total.
Trade active:
♻️ Crude Oil: trading within limits of intraday participants
The closest resistance for today is the weekly marketmaker balance (60.00).
☝🏻 The main scenario is a false break of the weekly balance (60.00) and subsequent rise to the limit seller (60.50).
🔝 In case of rebound from the mentioned resistance and formation of selling pattern, we expect downside with intermediate target - daily balance (59.32) and final one - limit buyer (58.34).
☝🏻 The main scenario is a false break of the weekly balance (60.00) and subsequent rise to the limit seller (60.50).
🔝 In case of rebound from the mentioned resistance and formation of selling pattern, we expect downside with intermediate target - daily balance (59.32) and final one - limit buyer (58.34).
Trade active:
Crude Oil: limit buyer pauses decline
Over the past 24 hours, the trade ideas we talked about yesterday - the rebound from the balance of the week and the decline to the limit buyer (58.34) - have worked out jewelically.
💪🏻 Today we expect a retest of the balance of the week (60.00).
❌ In case of breakdown and fixation above, we expect a rise to the limit seller (60.44).
The nearest support in this case is the limit buyer (58.83).
💪🏻 Today we expect a retest of the balance of the week (60.00).
❌ In case of breakdown and fixation above, we expect a rise to the limit seller (60.44).
The nearest support in this case is the limit buyer (58.83).
Trade active:
🎁 Crude Oil: market maker keeps price near balance
🏦 Over the past 24 hours we have jeweled the test of the limit buyer level (58.83), which we talked about in yesterday's trading idea.
Today during the European session we expect to reach the limit buyer level (59.00)
💰 In case of successful test of the mentioned support level, we expect impulsive rise to the area of the week balance and limit seller (60.00-60.10).
Today during the European session we expect to reach the limit buyer level (59.00)
💰 In case of successful test of the mentioned support level, we expect impulsive rise to the area of the week balance and limit seller (60.00-60.10).
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