Why is there a divergence between CL and XLE? XLE usually leads first. So does that mean CL going to catch back up after SPR depletes? Bullish on CL?
oil if dont break low,has poweful buy now ,so we advice buy it now but put SL in low,,,if low break downtrend can start note: trade oil need minimum 5 year practice on demo , it is very complex and trendy market good luck
NYMEX:CL1! Crude Oil futures marked on the 4h chart After being neutral the past week due to ranging behavior, CL has just possibly shown its hand on where it is headed to in the short term. Confluences Overall bearish order flow since the summer. Liquidity grab at the double top (marked with the X line). Market Structure Shift (MSS) by breaking the...
The CL daily time frame broke the short term down trend line and has entered into the buy zone. The market has an up Fibonacci with an extension price point 104.39 about +1,909 ticks above the market. As long as the market stays in the buy zone above the short term down trend line. It will be a good idea to turn to the one hour time frame and to look for low...
As long as the price of CL is above $84, the possibility of growth to $91 remains, this is a preferable scenario in this case.
Short term Elliott Wave view in Oil suggests the rally from 9.26.2022 low is unfolding as a 5 waves diagonal. Up from 9.26.2022 low, wave (1) ended at 93.64 and pullback in wave (2) ended at 82.11. The rally then resumes and Oil has broken above wave (1) peak suggesting the next leg higher has started. It also shows a bullish sequence from 9.26.2022 low, favoring...
Because of the break of area x and the decline of the macdi indicator, it is possible for the price to reach area 1 and then it can continue its way towards area 2
As soon as the US Fed shifted into rate increases - traders should have suddenly elevated their protection tactics. The Fed's objective is to beat inflation and remove the easy money mentality. In order to do that, they may have to break consumers, industry, global economics, and the general demand cycle for cars, homes, credit/debt, and more. What happens when...
Crude OIL Weekly Volatility Forecast 31/10 - 04/11 2022 Currently the volatility for this week is around 6.5% , up from expected 5.47% last week. According to ATR calculation, currently the volatility is located around 80th percentile. Under this circumstances the expected movement of the candle is : BEAR : 5% from the opening point of the weekly candle BULL :...
ATTENTION! We have a solid opportunity to buy silver, accumulate it, and make millions.
my analyses indicate that the market in bullish phase for now but the market will keep pushing in the main trendline wich is bearish so In short, the market is in a bullish corrective phase, but I do not recommend buying because it will be the opposite of the main trend wich is bearish well wait untill we have sign to sell wait for upgrade
Day Trade Market Condition, Jesse Livemore "There is only one side to stock market; and it is not the bull side or the bear side, but the right side" : NQ, ES, CL, BTC (a day trader on NQ, markets I pay attention with); Market Condition show on a table of each chart Rally, long position offers higher success SHOPzone, price fluctuate randomly between...
You tell me? My analysis is that Asia/Europe will contract demand as high Natural Gas and other economic constraints pull purse strings throughout the Christmas Holidays/Winter. If this happens, we may see a demand destruction cycle take place in Oil that could be 40~50% of the demand destruction that took place when COVID hit. The new strains of COVID are...
The CL daily time frame is near a low price hitting the long term up trend line. If support holds. It is expected the market will push bullish above the short term down trend line entering into the buy zone. Once or if the market breaks and closes above the short term down trend line and enters into the buy zone. I twill be a good idea to apply up Fibonacci to...
Long opportunity for CL Entry : 77.85 SL : 76.12 TP1 : 86.58 TP2 : 89.75 TP3 : 93.86 If You Like My Idea Support me With Like :)
Oil going up. this is only the beginning. prepare yourselves. SPR drains stop after the November mid term elections. not a lot left in it anyways. production cuts, combined with a global energy crunch from a Green transition coming too early before viable technology. Great reset agenda. confluence of bullish ideas. DXY not cooling off until 118. Oil was only down...
This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy
NYMEX:CL1! This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy