saudi

Gopalans00 Gopalans00 USOIL, D, Long ,
USOIL: LONG OIL AWAITS
59 0 2
USOIL, D Long
LONG OIL AWAITS

ABOVE 200 DMA TECHNICALLY ABOVE CLOUD FUNDAMENTAL REASONS SUPPORT BULLISHNESS - OPEC

LastBattle LastBattle PRO USOIL, 120, Short ,
USOIL: Short oil
186 1 7
USOIL, 120 Short
Short oil

Multiple weakness seen here, with every rally being sold off. The support at 46.5 should break any time right now, great opportunity to short here with 1% stop loss.

robus robus USOIL, D, Short ,
USOIL: USOIL : Daily View. Potential Target $36
433 1 20
USOIL, D Short
USOIL : Daily View. Potential Target $36

Crown patterns emerges very evidently. Conventional target $36 which is 0.618 fib retracement. Any news can give breakout from the pattern and rally towards $54-$55 Be careful Long term trade Short Entry Price : 44.30 (Candle Close below) SL : $ 46.65 TG1 : $43.01 TG2 : $38.85 TG3 : $36.03 Pls refer to all Resistance line (Maroon) PS. Generally I dont believe ...

BASRAOIL_LIMITED BASRAOIL_LIMITED CL1!, 240, Short ,
CL1!: WTI Crude Oil Futures
237 0 6
CL1!, 240 Short
WTI Crude Oil Futures

A clear break and sustain trading above 45.5 may take crude oil to as high as $50 before sharply down.

bouadvisors bouadvisors CLJ2016, D, Short ,
CLJ2016: CRUDE OIL TRIPLE TOP
28 0 1
CLJ2016, D Short
CRUDE OIL TRIPLE TOP

First and foremost one should know I am very bearish on oil, as it has paid tremendously the past year to be on the short side. But a true bear should know when to prey and when to hibernate. At this moment I consider myself in hibernation. I am looking to sit out until June of this year before I initiate my big short on crude. So far my analysis has been ...

CB2!: Brent Near-Term Outlook
408 0 1
CB2!, D
Brent Near-Term Outlook

Brent crude has been able to rally on little volume during the U.S. banking holiday and rumors surrounding a potential unified OPEC production cut, issued by the UAE energy minister just as WTI was carving out a 12 year low (and in the middle of the night, local time, no less.) Four days later, there has been no new reports of said production cut proposal, but ...

BigEz BigEz PRO USOIL, 120, Short ,
USOIL: cup is empty... caffeine is wearing off.
123 0 2
USOIL, 120 Short
cup is empty... caffeine is wearing off.

Back in the days of swing ... this was an inverted cup and handle. It was not a bullish sign. Today our computers can back check our our predictions, Algos, and ATMs. As they give us micro second opportunities. If my trading action happened at the speed of humming bird wings, my heart would explode. If you play against the herd, stay short into the weekend. ...

BigEz BigEz PRO USOIL, D, Short ,
USOIL: When predicting micro moves, remember the tide matters...
196 0 2
USOIL, D Short
When predicting micro moves, remember the tide matters...

Saudi Arabia controls the price of oil. Once you understand that, all technicals need to include variables for real world political manipulation of the worlds most important commodity. .... "Church of Krümel" Back in the day, there was a King, he turned off the blood supply to the industrial world. The world went into chaos, wars started... wars stopped. In the ...

BigEz BigEz PRO USOIL, 60, Short ,
USOIL: Will Putin look like Chavez? Oil can change the world.
479 1 2
USOIL, 60 Short
Will Putin look like Chavez? Oil can change the world.

Way too many people don't remember the 70s. Yea, yea Das Krümel is OG. We have seen embargos, wars, and the collapse of empires. While others have risen to rule. How would I remove my opponents from the game, if I controlled the the price of Item needed to both survive... or play the game? The Saudis can dump enough oil to bankrupt Putin. At the same time they ...

Rovart Rovart CL1!, D,
CL1!: USOIL IDEA
140 0 1
CL1!, D
USOIL IDEA

Oil broke the bearish channel forming a new low around 27.50 $ after that it bounced hard and it's approaching to the channel support now resistance without any FA on it's favour. We could see a perfect pullback to it or a break upside to recover the bearish channel. Anyway nothing here changes the trend. Happy Trading

kourosh.alborz kourosh.alborz CL1!, D, Long ,
CL1!: "Crude Oil" a Huge profit to be made
559 3 2
CL1!, D Long
"Crude Oil" a Huge profit to be made

Crude oil is making new grounds with it soon to come with its reverse pull back, same thing happened in 2009 although there is a possibility that crude can slide to support at 40$. either way i will be easing my way into a positions using the ETF UWTI which is priced very cheaply at 3$ a share. also a big shout out to @Ricker for showing me UWTI

LastBattle LastBattle PRO USOIL, M,
USOIL: A bit more downside to come
301 3 8
USOIL, M
A bit more downside to come

There's a strong support for oil at $37.72 and I believe that will be the bottom in the coming months. It is only bouncing given the extreme oversold condition and that does not change the fundamental fact of an over supplied oil market and many more that are stored in offshore tankers. I highly doubt the long term log trend in black will hold. (Temporary bottom ...

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