OIL Short Setup 🔵 Entry Level: $84.72 🟢 Take Profit: $80.03 (3.58R) ⛔ Stop Loss: $86.03 Reasons: - I'm expecting the price to bounce off the first level (marked for a long position) and continue trending up until it reaches the upper trendline again. - So far the price has been respecting this ascending channel - I am not taking the long position, but I've marked...
Oil Short Setup 🔵 Entry Level: $82.58 🟢 Take Profit: $79.39 ⛔ Stop Loss: $84.29 Reasons: - So far the price is respecting the ascending channel; - I expect an overbought level on the PVS Indicator by the time the price reaches the upper trendline; - Volume is not supporting the up movement;
Hello Welcome to this analysis about OIL-CRUDE , we are looking at daily timeframe perspectives. OIL-CRUDE is developing here that will be a decisive factor in the upcoming times. I discovered the main formation OIL-CRUDE is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how OIL-CRUDE has...
price correction last week. Professionals increased 3% short by last week, while commercial increased 1% long. 68.85-69.30 supply zone for short. target 64.20 if breaks and hold below then next target 61.30.
Just Imagine- 73.80$ Support Below Bearish Move Start
There's a Complex Regular Flat in play right now. The structure is in a strong monthly/weekly up-trend and we are in the middle of a bigger continuation correction right now. Conclusion: - Bigger trend is up - We are making a Complex Regular Flat (continuation pattern) - The market is trending down on 4H and 1H timeframes - we are in the last wave going down...
.... for the better part of "Eternity". (Well, at least for the foreseeable future.) A soon-to-bottom U$D also will not help WIT's cause. This market was, is and remains, at these levels, nothing more than just one part of the global speculative bubble. We shall meet again at $30.
... For at least a -50% long(er)-term drop. The Daily;
The detailed chart tells a better story, I think we could expect US Oil to plunge further to around $50/barrel. Disclaimer: This is only a trading idea and must not be taken as a trading signal.
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE CRUDE/ USOIL . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS...
Crurde oil - Shorts - daily tf
Oil Short Setup 🔵 Entry: $67.20 🟢 TP & RR: $64.54 (1.96) ⛔ Stop Loss: $68.56 Trade Reasons: ✔️ Gap to fill ✔️ Overbought level ✔️ Market Structure
Sell XTIUSD at 65.500 SL: 70.500 TP: 55.500
Oil Short Setup 🔵 Entry: $64.49 🟢 TP & RR: $61.02 ⛔ Stop Loss: $66.14 Trade Reasons: ✔️ 1.618 Fib Level Extension ✔️ Expecting the formation of higher high price with lower high on the Market Flow indicator (divergence) 📝 This trade will probably take a while to form and will require monitoring of the entry level, to assess the situation.
Oil Short Setup 🔵 Entry: $58.51 🟢 TP & RR: $53.68 (4.24) ⛔ Stop Loss: $59.65 REASONS FOR THE TRADE ✔️ Reached upper trendline ✔️ Seems like we are going to form a lower low ✔️ Divergence in the Market Flow indicator 📝 This is continuation of the short setup I posted a few days ago (1). If you are in a trade already this additional short (2) will increase...
Oil Short Setup 🔵 Entry: $58.73 🟢 TP & RR: $53.73 (2.91) ⛔ Stop Loss: $60.45 REASONS FOR THE TRADE ✔️ Reaching a strong resistance level ✔️ Market Flow Indicator seriously overbought ✔️ Ascending channel upper trendline resistance ✔️ 1.618 Fibonacci Level (although not plotted on the chart as it becomes a bit clustered) 📝 Stop Loss is above the $59-$60...