Hello traders,
What about Crude Oil Future!!
CL had taken an upward trend, after each level (A and B) CL consolidates it. Now it’s stable inside a trading range.
So we have the break down of the VWAP and support trend, If CL was capable to break the trading range down, we expect CL will decrease to rebound on level B.
Once it reaches level B we should wait...
The pitchforks indicator gives us signs on the trend of Crude Oil Future.
We have an increasing trend between S1 support and R1 resistance, so we expect that CL will continue evolving inside that hallway.
In case he breaks down the S1 support, we will see a bound on S2 so that the CL continues its growth inside that indicator.
However, if he break up or down the...
The Crude Oil future is in general in a decreasing trend, but inside the hallway between R1 and S1 it was increasing. Currently, we have signs of decreasing trend, since we have that red volume and red candle after succession of green candles.
The advice is to sell CL now for intraday trading. We expect its decreasing to reach the S1 Support.
Hello traders,
The oil future is marking signs of an increasing trend.
We have important volume and special candles that assure this increasing trend. For Intraday trading, it will be profitable to buy now, and wait either for the red volume and red candle to sell, or wait a break of the resistance R1.
The advice for intraday trading is to buy and wait for red...
Hello Traders,
Since 12 June, CL is taking an increasing trend, despite some up and down changes.
The pitchfork indicator shed light on the hallway and the trend support on which the CL is making progress. If the CL breaks down this support, I expect a comeback to first resistance.
The Advice about CL: In general, CL is taking an increasing path Bounded by the...
In the next few hours , we expect that OIL will go down since it breaks the equilibrium range with a high level of volume and high Candlestick.
So selling OIL Future right now will be a good choice
The level to which CL will decrease too is specified by the arrow
