❌ Crude Oil: market maker trading aspects for 29.03-02.04
💡 Last week's re-test of the market maker's loss level has not halted Smart Money's bearish intent,- the buyers' preponderance has again declined, this time by 12%.
According to the current CoT reports the total market volume is down by 20%. Investors' locked positions have decreased by 46%, which suggests a probable continuation of the medium-term decline.
♻️ The nearest important resistance to search for a short sell is at 63.24, where there is a $9.3m sell order.
The nearest downside target is the option level at 58.76.
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According to the current CoT reports the total market volume is down by 20%. Investors' locked positions have decreased by 46%, which suggests a probable continuation of the medium-term decline.
♻️ The nearest important resistance to search for a short sell is at 63.24, where there is a $9.3m sell order.
The nearest downside target is the option level at 58.76.
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Trade active:
💡 Crude Oil: hedgers have been stealthily selling since the beginning of the week
🌐 The nearest support level for today is the limit buyer (59.46).
⚠️ The main scenario for today is the formation of a buy pattern near the indicated support and the subsequent rise to the balance of the day (61.58).
The subsequent medium-term upside target is the limit seller (62.09).
⚠️ The main scenario for today is the formation of a buy pattern near the indicated support and the subsequent rise to the balance of the day (61.58).
The subsequent medium-term upside target is the limit seller (62.09).
Trade active:
🌐 Crude Oil: hedgers zone as the nearest resistance
🔥 Over the past 24 hours, the main scenario that we talked about yesterday worked out as planned - the rebound from the balance of the day (59.46) and the subsequent rise to the limit seller (62.09).
❗️ In case of consolidation below the level of the options balance of the day (61.38) during the European session we expect decline with the target landmark at 61.38, where the Buy Limit is located.
The main scenario for today is the upside, the limiting seller level (62.96) is the growth target by the end of the day.
❗️ In case of consolidation below the level of the options balance of the day (61.38) during the European session we expect decline with the target landmark at 61.38, where the Buy Limit is located.
The main scenario for today is the upside, the limiting seller level (62.96) is the growth target by the end of the day.
Trade active:
🔝 Crude Oil: balance of the week unwinding continues
✍️ During the European session, we expect a decline towards the option balance of the week level (60.00).
👉 In case of break-down and fixation lower the subsequent downside target is the level of the Buy Limit (59.40).
In case of a buy pattern from the mentioned option support we expect a rise with a maximum target before the end of the currency day to the limit seller (61.68).
👉 In case of break-down and fixation lower the subsequent downside target is the level of the Buy Limit (59.40).
In case of a buy pattern from the mentioned option support we expect a rise with a maximum target before the end of the currency day to the limit seller (61.68).
Trade active:
📝 Crude Oil: traded near market maker's maximum profit level
🌐 Traded below marketmaker's balance level (60.00) as of last working day's results.
Today during the day we expect a breakdown of the balance of the day (59.16) and a subsequent decline towards the limit buyer (58.31).
👉 The main scenario is a successful test of limit buyer (58.31) and subsequent rise to the balance of the week (60.00) and limit seller (60.37).
Today during the day we expect a breakdown of the balance of the day (59.16) and a subsequent decline towards the limit buyer (58.31).
👉 The main scenario is a successful test of limit buyer (58.31) and subsequent rise to the balance of the week (60.00) and limit seller (60.37).
Trade active:
💡 Crude Oil: hedger resistance zone down
✍️ The closest support for today is the option balance level of the day (60.65).
In case of break and fixation below, we expect a decline to the balance of the week (60.00).
♻️ Hedger resistance zone, which is located at the price levels of 62.00-63.01, is the target for rise.
In case of break and fixation below, we expect a decline to the balance of the week (60.00).
♻️ Hedger resistance zone, which is located at the price levels of 62.00-63.01, is the target for rise.
