For our Analysis on the monthly chart we are targeting the green zones as long as price stays below the yellow trend line. TVC:USOIL
We are predicting the completion of a shark pattern and our strategy is to sell at the completion of the 4th leg on the red zone. TVC:USOIL
The following are trades setup ideas in 15 mins chart for Crude Oil Futures . There are 2 distinctive dotted lines labelled as 1. AI's Intraday Resistance line 2. AI's Intraday Support line If price action was below the AI Intraday support line AND price closed below Pivot Point S1 line, the idea is to short and take profit at Pivot Point S3 price region....
My algorithm just generated a signal for Crude Oil WTI: sell limit at 63.900 Stop loss at: 66.00 TP1: 60 TP2: 58 Feel free to comment or follow.
#Crude OIl, professionals closed buying positions in oil, and opened very few selling positions. commercials closed both side positions. volume increasing on falling prices. it may take some retracment but longer term view is bearish.
WTI (USOIL) labeled as an ABC correction, where wave B presents an Expanded Flat which is finalizing with an Ending Diagonal. Expecting a big sell-off in wave C.
Hi, guys that is daily chart very good analysis for 2018-19 years , showing support and resistance , buy at support and sell at resistance
We believe that crude oil has completed its bull run from 58 to 75. Now we are expecting a complete trend reversal in crude oil. This will be our first short in this newbie trend. Cheers :)
As we have mentioned in our forecast, CRUDE OIL made the pullback. Rejected MM 2/8 and EMA 50 . Levels as described in the chart
Crude Oil have been strong from last year with succession of new tops and lows-whilst it just broke the multi-days bullish channel and undergoing a linear compression setup. Price action and momentum indicators are suggesting the downside to continue towards the prior support area around 61.94. I am looking to short this market around 67.27-66.20 with stop around...
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...
Oil slides as Saudi Arabia and Russia consider output boost Next week fundamental points: Wednesday 04:30 PM ET: API Weekly Oil Inventories Report Thursday 11:00 AM ET: EIA_issues weekly US Oil Inventory Report Thursday 12-2pm: EIA_releases monthly report Friday 1:00 PM ET: Baker-Hughes Rig Count Friday 3:30 PM ET: Release of the CFTC weekly commitments of...
Crude Oil - H4 - I see price at a strong supply zone and expecting a sharp drop from cmp 65.10 targets 60 and 56
We have published the forecast on our website. Fundamentals are mixed. However, we see a bearish flag pattern in the charts. We will focus on 62.20-62.00 breakout as described in the chart.
As described in the chart Keep it simple
Crude Oil is testing the lower border of the cloud and below EMA 50. 64.50 is the Fibonacci Expansion 61.80%. RSI is bearish. An H1 closing below the current level ( 64.75 ) will carry the price 64.50 and 64.06. 64.06 is our main support of today. Break below 64.06 may cause deeper pullbacks towards 63.28 and 62.50. ( We will also focus on the breakout of the...
US crude oil - H4 chart - I prefer shorts due to bearish structure on H4 time frame. Main trend is still bullish so this is a reversal setup on daily time frame but with-trend pull back setup on H4 so quick swing with great risk to reward.