Looking for selling as long as price broke the structure for potential downside movement
Heytradomaniacs, welcome to another free trade-setup. CRUDE OIL: Day-Swingtrade-Exexution Sell-Stop: 39,71 Stop-Loss: 40,74 Target 1: 38,90 Target 2: 39,23 Target 3: 37,28 Target for One-Target-Trader: 39,23 Stop-Loss: 100 pips Risk: 0,5% - 1% Risk-Reward: 2,45 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good...
In short period crude oil will go up and has strong probability to go up . DISCLAIMER : This content can change at any moment .
My pattern earlier became invalidated once we broke 64.65. This has the potential to revisit today's low again. DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk
From here, I believe we will be going down to 63.37 where buyers may want to come in again. Disclaimer This chart is an opinion based chart only. Please trade at your own risk.
After the recent decline of the Crude oil prices (Brent and US Oil/WTI), several people called to short it... I guess they missed this! I expect more bulls to come. Would it however be able to reach the monthly resistance at 55.00 area?
During the drop of the prices of oil after the OPEC meeting, several Oil ministers were not worried of the decline of oil prices as they say it is normal every after meeting and that it would recover. Is this is? Despite the formation of a fakey bar, the prices are still below the 8, 21 EMAs... not mentioning below the 200 SMA as well.
1. Lots of deep corrections in this range. Gonna have to break to the up/down side to confirm the next trend. 2. Uncertainty reflected in the price
Overview: The Crude oil market had a fairly negative day on Monday, as market continue to worry about all things European Union and United Kingdom related. The primary trend of Crude oil is bearish on charts. On its 4 hourly chart, market is trading below 100 days moving average. It is having important resistance at the level of $48.12 and support level at the...
hi Readers, The Chart deals with weekly time Frame As we now Know that the wave Y in Grand Super Cycle degree & hence the initiation of X wave after Y has pushed it to new highs, say to the current levels. The important idea is that the W within the current X wave in one lesser degree has been progressing as w,x,y,x & z within which waves W,X & Y are completed....
Resuming from previous Crude oil Post in the blog, check it here... Obviously yes the bottom is in the visible limits We at that time just had an idea that the developing correction could be a triangle but in the recent trading sessions, it is really very clear that the current correction is most possibly a triangle (Elliott wave Descending triangle) and within...
Resuming from previous Crude oil Post in the blog, check it from what's happening section... We at that time just had an idea that the developing correction could be a triangle but in the recent trading sessions, it is really very clear that the current correction is most possibly a triangle (Elliott wave Descending triangle) and within which the waves ABC have...
CRUDE is expected to rise now. There are many reason why we feel it may rise. 01. It has bounced back from quarterly sell target 02 level. 02. Bullish Engulfing pattern in daily Chart. 03. To rise and clear quarterly targets it had to come down to gain momentum for up move. 04. Stoch RSI (3,3,14,Close) states it may rise. 05. RSI(14,CLOSE) Is also of the...