6.17.22 Oil : I framed it.....probably moving lower to a support area..............
Here is what i think might play out today. Best when proper risk management is applied. Kings
CRUDE OIL has broken the rising wedge. The price just broke it and retest it. We are expecting further downside. The fall can be targeted to the 107 areas where a relief bounce is expected. Trade your levels accordingly
As we mentioned yesterday, lower levels for oil are holding after it retraced from highs. Our level at $122.95 has held as a double top, and we have since pulled back to test support levels at $116, then $113. We are finding good support at $113, confirmed by green triangles on the KRI. The Kovach OBV has flattened out, suggesting we will range here at current...
Here is our technical outlook on OIL. Our analysis is based on current market fundamental sentiment. According to our chart OIL is trading within a resistance area. Based on our analysis the price will go lower to the next support. Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
Multiple time frame analysis on WTI Crude Oil. Price action & structure. Potential bearish scenario explained. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Signal No.6✳️✳️ Buy Gbp/Usd @ 1.2300 Tp - 1.2440 & 1.2550 Sl - 1.2205 Use only 2% risk per day📣📣
This is my daily chart stretegy. Equal than weekly chart strategy for stocks. The main difference for this strategy is the filter I do. The strategy share more trades, So to filter correctly the good ones I need to check the volume in a weekly chart. In this case, my volume indicator says that the red line ( short volume ) is greater than green line (long volume...
If you missed buying earlier in year, now is great discount on OIL. Inflation & stagflation will be here for at least another full year, so the trend will still continue up. When gas price lowers significantly at the pump, then the party is over. Not sooner.
Trade Idea: Buying WTI Crude Oil Reasoning: Bullish hammer formed on daily with price pushing back above 21-day sma. 4-hour bullish outside candle also helping with the short-term technical picture. Potential bullish flag on 1-hour chart. Entry Level: 115.09 Take Profit Level: 120.61 Stop Loss: 113.49 Risk/Reward: 3.45:1 Disclaimer – Signal Centre. Please be...
On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will rise from our 1st resistance at 112.51 where the horizontal swing low support is to our 1st resistance at 103.71 in line with the horizontal swing low support. Alternatively, price may head for 2nd resistance where the horizontal pullback resistance and 50% Fibonacci...
Thanks for tunning in TradingView community. Today we're looking at USOUSD oil and wondering if yesterday's price rejection could lead to a new leg higher from buyers. So far this week, we have seen mixed trade with buyers coming close to breaking last week's high before sellers took hold and set up a two-day retracement. It would have been three, but buyers had...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management My team entered gold mining company Equinox Gold Corp $EQX today at $5.75...
high Risk short in oil. RR 1:1 to start. i think oil rally is over.
Update on my last post that XLE energy sector must hold the red trendline at 79. BEARISH CASE shortterm: On Thursday it broke not only the TL but also broke below my yellow consolidation box.(middle one). As of now it is holding the volume profile zone at 75 to 77 area. Looking at the heavy selling volume in all sectors, a double bottom at 71 is very probable....
This is just a quick and short insight on USOIL, so i decided to share it with you guys😊😊😊 Lets all profit from it WE REACT TO WHAT WE SEE Kindly, like, comment your thoughts, and follow for more content🙏
As I said in my June 14th post, I will put a Buy Order in with price hoping to hit 8 or 8.2. It DID! So I took my profit at 8 for a nice 500 point profit!! Congrats to all who made some money!! I will keep you posted probably on Sun night or Mon for next week. Heiko