I should go out. Entry(Done) : 57.02 Stop : 57.30 Target : 56 nearby
Watch The Fib Level and Trendline and then Trade If Crosses Then Close Trade Wait For Higher Levels To Get Active Most Probably Crude Might Not Cross 59.64
I Donno If am Right But This Signals Me SHORT With an SL 53.80 ( or ) Wait Near 53.80 For Selling
Crude has broke the important channel and formed candle stick pattern for trend reversal. Expecting Target of 60.50 for this upcoming Week
Other than the CM_Ult and CM_MacD, you can see candlestick pattern identification, to see when initial bull began, etc. Take a closer look and analyse. Here is the pre-indicated active link for chart to trail it ~ enjoy~ www.tradingview.com DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and...
all mentioned in chart kindly have a look and stay with trend
Crude has been continuously in uptrend since June 2017. Now It has reached 50% retracement level of Monthly Fibonacci. as well as Crude has taken resistance from the April 2017 Trend line. So today If today or this week Crude closes below 70.50 it will be bearish signal and good sell opportunity for us. So my view is bearish for Target of 66-61 in upcoming 2-3...
Long term downtrend Current correction should end before level of 60$ per barrel. If we saw price above 60$ it could test higher prices but only for short term. Price in long term should go down, below level of 50$ per barrel in next 6 months maximum.
Look out for the price action this week and the next We will have a clear picture soon Any comments welcome Best of luck
Crude Oil H4 time frame- I prefer longs on oil due to the simple bullish structure on all timeframes targets 54
This is a follow up to my crude medium term idea (please see the related idea link below to view the original idea), So far buy orders were filled at 49.22 for a target to 53.94, momentum looks to be slowing and it is likely that we may see a dip, to me dips will be good opportunity to build the position. So i am still holding my bullish stance on crude. Strategy:...
This is an update-that my short position at 52.10 from last week is going well in my analysis direction. I am looking to bank my position at 50.08.