Pair : Crude Oil
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bearish Channel as an Corrective Pattern in Short Time Frame
Impulse Correction
Pair : Crude Oil
Description :
Fibonacci Level - 38.20%
Resistance Level
Break of Structure and Retracement
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
Crude oil prices opened lower on Monday. WTI crude oil prices were at $85.75 per barrel, down 1.05%. Brent crude oil prices were at $89.97 per barrel, down 1.32%.
Oil prices retreated on signs of a possible ceasefire between Hamas and Israel. However, Iran's response to the Israeli attack on Tehran's consulate in Damascus remains a factor in rising oil prices,...
In recent days, we have been bullish on crude oil, whether it is the shape or the indicator has formed a big counterattack signal at the daily level of bulls, 74.40 resistance position has not been able to suppress the bulls of crude oil, yesterday we bought at 72.70 and took profits at 74.10! A perfect profit. So how does the oil trade at the current price?
The U.S. Consumer Price Index (CPI) fell in all areas, and the dollar plummeted amid expectations that the Fed's interest rate hike cycle would stop. Crude oil prices rose on the back of that reversal and a weaker U.S. dollar that triggered a rise in black fuel prices.
Looking at the daily chart of crude oil, oil prices have continued to fall since the second...
Combined with the trend of the hourly chart, U.S. oil continued to stay high and fluctuate within a narrow range after pulling up yesterday. This state indicates that the market may rebound again, but whether the top can break through 74, and whether it can press 75.5-7 is irrelevant. It's too easy to judge, after all, this wave of recovery still seems very...
YOU will have the opportunity of buy and sell. just wait for the momentum change on small time frame. price has to come down in order to take orders and take new bees stop losses.
follow the trades and enjoy.. Happy trading
Just a near term play here on the anticipated, transitory USD weakness.
The main chart ought to be self explanatory - just follow the arrows. (The dates in the chart are only denoted because I am building a sizable option position here, one part of which consists of diagonal spreads.)
Fundamentally, Russian oil companies have already figured out - and are using...
CRUDE OIL – FUTURES: Buying On Retracement And After Price Action Signal Above $81.28 Support Level
Price Action: Price formed a Small Bullish Pin Bar Signal late last week (We are not considering trading this signal).
Price moved higher from the prior Bullish Pin Bar Signal that had formed on Tuesday, Oct 25th (We did not consider trading this signal, nor did...
A buy may be setting up.
The highlighted demand zone is expected to hold, as it caused a bullish break of market structure.
So we wait patiently for price to come to our buying zone, then look for bullish price action to confirm and valid entry.
CRUDE OIL – Futures: Price Moved Higher From Within The Range Of The Long-Tailed Bullish Pin Bar Signal
Price Action: Price formed a Bullish Pin Bar Signal overnight (We are not considering trading this signal).
Price moved higher from the prior Long-Tailed Bullish Pin Bar Signal that had formed late last week (We suggested buying on a retracement lower into the...
CRUDE OIL : Long-Tailed Bullish Pin Bar Signal
Price Action: Price formed a Long-Tailed Bullish Pin Bar Signal overnight.
The recent Bullish Tailed Bar Signal that had formed mid-last week failed (We suggested trading this signal in the July 11th members' weekly newsletter).
Potential Trade Idea: We are considering buying on a retracement lower to within the...
CRUDE OIL – Futures: Buying Within The Range Of Pin Bar Signal
Price Action: Price moved slightly higher from the Bullish Pin Bar Signal that had formed late last week (We suggested trading this signal in the May 20th, daily newsletter).
Price moved higher from the recent Bullish Pin Bar Signal that had formed over a week ago (We did not consider trading this...
CRUDE OIL – Futures: Bullish Pin Bar Signal
Price Action: Price formed a Bullish Pin Bar Signal overnight.
Price moved higher from the recent Bullish Pin Bar Signal that had formed late last week (We did not consider trading this signal).
Price moved higher from within the range of the recent Bullish Tailed Bar Signal that had formed just above the $95.43...
Here is my view for WTIUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for WTIUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for WTIUSD on D1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CRUDE OIL – Futures
Price Action: There is no price action signal to note at this time.
The recent Bearish Tailed Bar Signal, failed (We did not consider trading this signal and hopefully saved some members on this market).
Price moved significantly higher from the prior Bullish Tailed Bar Signal + Inside Bar Breakout Pattern (Combo Setup) that had formed just...
