☑️ Crude Oil: weekly analysis for 10-14.05.2021.
🌐 Last week, the main medium-term scenario worked out jewelishly,- a test of the 63.00 balance level and a subsequent rise with the target,- a market maker loss (66.00).
The new CoT reports showed an 8% increase in buyer bias, indicating that the upside is likely to continue.
Market volume is up 9% to a total capitalisation of $413bn 990m.
💰 A 17% increase in locked investor positions suggests a flattening on the daily during the first half of the new trading week.
In case of a successful test of the balance of the week (63.50), we expect a further rise with the market maker's loss (66.21) as a target.
In case of breakdown and fixation above the mentioned resistance level, we expect further rise with the target,- increase in selling positions of $16 million (67.00).
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The new CoT reports showed an 8% increase in buyer bias, indicating that the upside is likely to continue.
Market volume is up 9% to a total capitalisation of $413bn 990m.
💰 A 17% increase in locked investor positions suggests a flattening on the daily during the first half of the new trading week.
In case of a successful test of the balance of the week (63.50), we expect a further rise with the market maker's loss (66.21) as a target.
In case of breakdown and fixation above the mentioned resistance level, we expect further rise with the target,- increase in selling positions of $16 million (67.00).
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Trade active:
🔥 Crude Oil: limit buyer is the key support for today.
📊 In case of breakdown and consolidation below the option balance level of the day (64.90), we expect further decline with the target,- limit buyer (64.05).
The main scenario for the second half of the trading day is a successful test of the mentioned support level and the subsequent rise with the benchmark,- premium level of the hedge zone (65.70).
⏳ In case of breakdown and fixation above the mentioned resistance, the final upside target for the first working day is the limit seller (66.37).
The main scenario for the second half of the trading day is a successful test of the mentioned support level and the subsequent rise with the benchmark,- premium level of the hedge zone (65.70).
⏳ In case of breakdown and fixation above the mentioned resistance, the final upside target for the first working day is the limit seller (66.37).
Trade active:
♻️ Crude Oil: balance of the week tested again!
🌐 The weekly balance (64.00) has been retested over the past 24 hours.
Key support for today is the limit buyer and premium hedger zone range (64.00-63.37).
💠 If a buy pattern is formed inside the above support area, we expect further upside with targets: balance of the day (64.93) and limit seller (65.70).
Key support for today is the limit buyer and premium hedger zone range (64.00-63.37).
💠 If a buy pattern is formed inside the above support area, we expect further upside with targets: balance of the day (64.93) and limit seller (65.70).
Trade active:
💸 Crude Oil: main scenario is being successfully implemented before our eyes.
✍️ Over the past trading day with a false breakdown successfully tested the option balance level of the week (64.00).
In case of a successful test of the Buy Limit level (64.50) during the current day, we expect a further rise with the nearest target being the premium level of the hedger resistance zone (65.73).
♻️ In case of breakdown and fixation above the mentioned resistance level, the limit seller (66.30) is the ultimate upside target before the close of the trading day.
In case of a successful test of the Buy Limit level (64.50) during the current day, we expect a further rise with the nearest target being the premium level of the hedger resistance zone (65.73).
♻️ In case of breakdown and fixation above the mentioned resistance level, the limit seller (66.30) is the ultimate upside target before the close of the trading day.
Trade active:
💡 Crude Oil: reached the upside target.
✍️ Over the past trading day reached the seller's limit level (66.30), which was indicated in yesterday's trading idea as an upside target.
The main scenario for Thursday, May 13 is a successful test of the limit buyer (65.36) and a subsequent rise to the limit seller (66.74).
📌 On breakdown and fixation below limit buyer level (65.36) we expect decline to the balance of the week level (64.00).
The main scenario for Thursday, May 13 is a successful test of the limit buyer (65.36) and a subsequent rise to the limit seller (66.74).
📌 On breakdown and fixation below limit buyer level (65.36) we expect decline to the balance of the week level (64.00).
Trade active:
🌐 Crude Oil: started the decline without reaching the market maker's loss level.
❗️ Marketmaker loss level (66.74) has not been reached in the past 24 hours.
Downside gains of $13.7 million further strengthen the consolidation below the balance of the week (64.00).
✍️ The main scenario for today is a successful premium test of the hedger support zone (63.36) and a subsequent rise to the balance of the week (64.00) and hedger resistance zone (64.35).
Downside gains of $13.7 million further strengthen the consolidation below the balance of the week (64.00).
✍️ The main scenario for today is a successful premium test of the hedger support zone (63.36) and a subsequent rise to the balance of the week (64.00) and hedger resistance zone (64.35).
