ZarNegar
Short

Sell signal for Oil

FX:USOIL   CFDs on Crude Oil (WTI)
1798 11 23
Bull trend line was broken for oil             .
From this moment we are waiting for the fall.
Soon. Oil             will fall to $ 54 and then $ 50.
Momentum indicators is also located in the area of sales. Can confirm the fall.
Hi Zar, your arc showed the right direction but oil made a right shift and only then followed your trend.
It's interesting how did you build your trendline which was broken, is it an angle? because only one touchpoint is on the chart which is not classic trend building where 2-3 touchpoints are needed.
And where do you see it further?
Reply
Bull signal .
Reply
Looks bullish doesn't it?
Reply
SkyWalker Yahia.Awes
eventually to 65 when out of this corridor
Reply
I think you are correct. I went long at 58 and covered at 58.75; now going short as 58.60 seems like a resistance point. i will double down at 59.38 if inventory report or other factors move it up.
Reply
Now it looks oversold, first retracement up and then diving.
Reply
Yahia.Awes Yahia.Awes
I made up my mind lol...
Reply
ZarNegar Yahia.Awes
Yes, there is possibility of a retracement.
In this analysis I have just pointed out the main trends
Reply
Yahia.Awes ZarNegar
Do you see the bullish signs on 4H-tf?
Reply
ZarNegar Yahia.Awes
Yes, I saw
But I think that the oil does not rise above 59.50.
And likely will fall.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out