the opening range I am looking for is 55.25 and 55.95, any action in this range will be looked upon as neutral. A break above will create long trades to targets of 56.30 and 57.65, top target may not be a day trade. A break below this zone will bring on short ideas taking us down to 54.60 and 54. The idea is in the range look to trade long from bottom and short...
Simple concept today, range trading as long as we remain above 53.50 and below 54.50, any break above will post targets if that happens, and a break below target 52.00
Hi Trader, I have share Crude Oil Intraday Trade Level. Take Profit - 15 - 100++ Pips Stop Loss - 15 Pips. Next Update after 10+ Likes. Based on likes only. I will understand Update is need or not.
Today's looks to be a trading range between 51.5 and 53 so until we get out of this range all I will be doing is looking for shorts near the top of the range and longs near the bottom of the range. Days like this are when the screen share signal generator can help see momentum change helping to keep your trades on the right side of the market
Today will be looking for a long trade on a move back down to 51.70 area or the support base made in the early hours of trade. the up side first level target will be 52.75, however at this level will be watching for a break above that I hope to be able to still be holding part of the long trade. Will most likely be avoiding any shorts today unless after a good...
Today looks like a good day for range trades or long, will look for longs on a opening drive down to 52.60 with targets of 53 and 53.40. A move below 52.08 that holds will look for shorts down to 51.82 and 51
Today's back and forth range could be 51.20 to 52.50 with most of the traffic around 51.75, So the trade plan will be to look for longs from bottom and shorts from top, and in the event we move out of this range then will watch mostly for longs above this level targeting 53.50, and a break below will have a target of 50.50
Buy now. The price will go until 57.199
Today will keep it real simple, will be looking at the 53.08 to 54.58 as teh trading range and looking for shorts from top to the hash line as target and same from the bottom long. This idea will be revised in the event we break this range.
will remain looking long if we remain above 52.87, lower target levels are shown on chart, Will be trading the range until the break above or below is presented
Today the middle of my chop zone will be 53 and the top of the range is 53.85 and the bottom is 52.30. Trading above this range will target 54.28 and trading below target 51.50 would be fun to see this trend but have a feeling we will stay pretty close to the trading range today
today's trading range of 51.50 to 52.50 is not giving much more info to today's trades other than further down is most likely in a bit bigger picture. above 52.50 will be looking for resistance at 53 area and below 51.50 will be looking to retest yesterday low. So Today my idea is to be range trading in the range and then look to be holding long from range...
looks like more range trading until it break out of the 52.6 and the 53.4 boundaries, if we go out of this range the targets are marked on the chart
today will be trading a chop pattern if we remain between 53.29 and 52.45. above this range will look towards 54 and below 52.11 and 51. The over night is balanced and provides no clear direction on open
Today looks like a 54 to 56 trading range could be the play so will look to trade back and forth if we remain in this consolidation. A break below will have me hold shorts from above if the signals are bearish, and a break above 56 I will hold the long from below if the signals are bullish. So summary is 54 to 56 I will short the top of this range and long the...
This could be a good day for trading oil even if we consolidate due to the possible large consolidation range of about 1 point. so that will be primary focus until the over or under line gets violated. In the event we move out of this range will update with targets and ideas at that point. other wise will be keeping it very simple and looking for reactive...
Welcome to all traders This is the broader picture of the correction pattern of CL we all know that crude prices are effected by Trade War but chart is also directing towards a correction that is going on that started around 66 area and now heading towards 50% entrancement zone that lies around 54.40 0.382 just broken yesterday expect further drop in coming days
Today oil is not giving me much info to create from so will be watching 58.56 for a bounce and 59.48 for rejection. Moves out of this range will have me stalking continuation action. will keep you posted