crudeprice

This shows what, in my opinion, CL might do in the next couple of months. CL will reveal its hand on the day of the OPEC meeting (whatever people think, OPEC WILL create a strong reaction). After that meeting, the candle we get is going to show many things. However, I believe movement after the meeting, into summer, will be much more interesting and violent. It ...

Good Opportunity to short Crude between 49 - 50..

Soon we have two possible action on crude oil on this week arroung the price of 55,15: 1) More possibly "a shooting star" appears getting bearish action toward 46,00 which would be a bottom or reversal price for bulls again. Bulls on crude oil during the summer is favorable for OPEC countries. 2)Less possibly crude oil price stays above 55,15 in daily candles and ...

Long Oil For Intraday. Keep trailing stops once 54.30 reached.

Weakening in the short-term, stronger in the long-run. In the scenario of a lower crude oil inventory and Opec and Russian Crude Oil Export cuts, we identify a trading opportunity for a long-term position. Brent crude oil could move back to the moving average levels of $53/bl to then reassume a bullish pattern. The crude oil market continues oversupplied just ...

It is just my analytics. Not a signal and not for trading.

Crude Oil- B2C- An Exciting Experience 43$ to 52$ & What Next? B2C- (B2C) is a business or transactions conducted directly between a company and consumers who are the end-users of its products or services. Yes, Isn't that lucrative for end users why because products reach directly to the consumers - no middleman- no obstructions- no resistance & crude travels b2c ...

RSI bullish divergence - Are the retailers maintaining the bullish momentum at the same time as the big players are dumping oil? The weak retracement in the big picture reveals the underlying selling and the small investors are trying to catch the low.

Hello again friends! Today we see that price crossing into a potential reversal area where we see many things have been lining up. First and foremost, notice this steady uptrend. Price has come down in the form of a complex pullback. A fibonacci inversion was taken from the center of this pullback and price has just hit the all-important 1.618 ...

CRUDE OIL TESTING RESITANCE LINE. SOON 2 B SHORT

Crude Oil was saved on Friday soaring over $1 to trade at 44.22 while Brent oil saw a gain of $1.18 soaring to 46.63. Both benchmarks closed the week with significant losses down by 7% each. However, Monday morning saw volatile trading action despite the US markets on holiday. Crude oil soar 4.37% trading at $46.03 while Brent oil is trading at $48.82 up 4.99%. ...

Market entry 45.7 Sl: 46.1 TP: 43.5 (Near PP bounce) Technical purposes: - Channel resistance - Divergence in RSI - R1 Weekly Pivots

Previous price action suggests that at the 42.69 and beyond a reversal is likely given that at these prior levels we saw price congestion. Shorts at exhausted price action to the upside at this level is advised for entry.

Short term analysis on crude oil. lets see how it plays out!

The red line is a historical resistance line. The green line is the new buy or support line. CRUDE is in a position to buy and hold for some long term. May be till end of the year or even may be early next year and before 2017 summer comes or even during spring 2017 may sell.

We are still following the downsloper but coming up on three major supports: the uptrendline from the rally going back to january, the lower TL of the big falling wedge and the horizontal support off the 45.80 area). Also price action is becoming wedge-like and squishy. If we bounce back and retest i might become a buyer here. Prerequisite would be a zoom and ...

Short and Long possibilities.

Well would you look at that...