NYMEX:CL1! This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy
This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy
after the creation of the reversal figure '' inverse head and shoulders '' and the confirmation of the breakout of vwap and neckline we can take the buy position after the opening of the market
afterk the creation of inverse head and shoulders and the breakout of the neckline we can take buy position
after the test of a strong support we had a rejection at the level of the uptrend
after the downtrend we will see an uptrend after we had a double bottom we wait for the breakout of the nickline and we can take the buy position
after new news and according to my analysis the CL1 market will remain in an uptrend and we will see it up to 198.80
we can take the buy position after the confirmation of the breakout of a strong resistance
after the end of the downtrend we will see an uptrend after having an impulse from a large candle
after having a big breakout with a big candle at the level of the range we can take the sell position
after the breakout with force of this powerful resistance we can take a buy position
Hello ladies and gentlemen, according to my graphical analysis of The Crude oil futures , there is a high probability of an increase towards over 119$ in the next few weeks.
With the current geopolitical situation, oil has taken off. During the day, I have outlined the potential levels to watch out for. I will go in to buy if it breaks the 110.35 level with a TP of 112.10. You have the other levels to make decisions too.
CL broke the oblique resistance and made the retest of trend and PP, we see the accumulation on the volume profile in the area of 89.43 and 89.67. The 90.89-91.01 area is the resistance area (rather polarity area) for CL to continue the bullish wave it needs to break it to go long with intraday and swing targets. The retest again of the support area or oblique is...
Hello world! According to my technicale analysis, Oil has returned back to the level it left in November 2014, which is a very strong trading range. We can also observe that oil is reaching the top of the Uptrend channel, which means that we may see a small correction in the next few days/weeks. It can go down to the red line (which is a strong market support)...
Once the descending channel is breached, oil will continue to rise
There are 4 signals that make you buy the oil for trading in short term: 1- Price near to MA 50 which acts as support. 2- The uptrend line shows considerable support for the price. 3- The decline lookalike a correction pattern based on Elliott wave theory making the opportunity to buy for another a rising leg. 4- The price is close to 38% fibo retracements....
enter:78 stop loss: 77.5 TARGET: 79.6 good luck