Oil chance to go long to $62.90 or short to $60.40 between the horizontal pattern now. ($61.15 is a resistance within the short-range) best to wait now.
The Oil price is exactly between two bollinger bands , which means price- fluctuations and opening positions most of the time means losing money....
Crude Oil is doubting. How today closes is important for sentiment and movements tomorrow. We are now bouncing between $63,33 and $62,09. Both of this levels are very important Fibonacci levels which tell me we are at an level where a new trend can start. Today I have tried both sides, short and long and short is compensated and I closed that one! The long is in...
When Crude Oil breaks $62.85, it possibly goes long to $64 area. The sentiment on the market is very important before opening this trade!
The exact right moment to buy and where you put your stop loss and take profit are very important to be successfull in making money with trading Oil.
Oil is still in bullish position. As long as we are not breaking 59 dollar I...
Oil is still in bullish position. As long as we are not breaking 59 dollar I still believe we are in uptrend and the price can rise to 75 dollar. We have reached a critic point last week, but the week ended positive. The sentiment next Monday will decide if it will be interesting to open a long cfd! The orange line is showing which point is the position we open a...
Oil is still in bullish position. As long as we are not breaking 59 dollar I still believe we are in uptrend and the price can rise to 75 dollar. We have reached a critic point last week, but the week ended positive. The sentiment next Monday will decide if it will be interesting to open a long cfd! The orange line is showing which point is the position we...
Oil is still in bullish position. As long as we are not breaking 59 dollar I still believe we are in uptrend and the price can rise to 75 dollar. We have reached a critic point last week, but the week ended positive. The sentiment next Monday will decide if it will be interesting to open a long cfd!
My strategy is to never trade on volatile markets. You will...
At 15.01.2018 quatation tried break up resistance created by the low range of the 11.2014 candle TF 1 Month.
Now we've got little correction.
But we've got also a strong bullish chanel built from june last year.
So ... we have a few SZ's from 1D TF & resistance lines on the way up! this year.
And one pink TL.
But I think zones and all that stuff could be only a...
Oil should continue its bull run higher after a short correction. Saudi's seem to be finally getting their act together, and with power consolidation, should be able to limit supply enough to continue this rebound in prices this year. Fed's higher interest rates should dampen the response from debt-laden shale producers. These should set up for long-term higher oil.
Placing 3 Long positions for this week, entry levels @ 54,80/53,80/52,80.
Soft targets coinceed on multiple time frames to arrange arround 63,80. keeping an eye on 51,80 incase it gets that low might consider shorting a small position and then adding on the long in the 40s.
risk reward ratio of 3,14 makes this piece of the pie truly Pi
WTI just break a neckline on a reverse head and shoulders
i think the breakout of the reverse H&S is confirmed
also Irak news today make oil more stong so why not ?
enter at 51.84
targeting 52.77
Stop loss 51.50
gains = 91 pips
if stopped =30 pips
risk reward
1/3
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Underlying: USOIL
Time frame: 1W (buy now)
I have been watching oil very closely over the last 6 months and have spotted something very interesting on the weekly chart that needs to be talked about. So, one of my main...
Long term position in TRANSOCEAN was initiated on 27.08.2017. The Stop of this trade is below 6, but I am willing to keep this trade as long as needed and possibly to reevaluate stop if necessary. Current Risk/Reward is 1.5. We are betting on the stabilization of oil prices and good chances the oil fracking industry will survive and the best companies will prosper...
WTI Crude Oil
Im expecting a bearish move at 50.85 (BAT PATTERN)
TARGETS:
47.21 (Daily Support) + 50.00% FIB retracement
Enjoy
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