Soon We can see reversal upperside as per prev History. Thankyou
With current market conditions, oil is headed towards the $17.65 mark almost unhindered. Extrapolating the previous resistance lines of the past few trading sessions provides a very useful hint of where it's headed and when.
Will Oil Prices Bottom at $17?
Oil is looking VERY INTERESTING. We have a potential inverted head & shoulders on our hands. We could be seeing another drive to the upside to potentially retest resistance of 30. Potential longs soon!
Triple 9s printed with inverse H&S at a strong support. Bullish on WTI
TVC:USOIL CURRENCYCOM:OIL_BRENT FOREXCOM:WTIUSD
WTI/SPX Ratio Showing Light at the End of the Tunnel for Oil Stocks
Following the previous cycles of support, it appears that there may be an increase in oil price soon - a good opportunity for a Buy/Long. However, the current dip has breached the previous support position, so the next hour or so should give us a better indication.
Hi guys, My idea and view on OIL at the moment. I see lower prices in the middle of May 2020 for OIL. 14 USD incoming!? Let us see... Happy and safe trading! Dont forget about proper risk management! Always place stop-loss and don't forget to take profits! *This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
Symbol: DJI, OIL, BA We will be watching these 3 this week on 30 min - 1 hr timeframes. I don't daytrade but, I think this will be fun for you to see the movement with our tools on confirmations. Currently I'm leaning towards. OIL, Long no entry yet DJI, Short no entry yet BA, Short no entry yet Will update through the day on this post. Follow Major League...
Inverted wedge on 15 minute now into US session breakout pending No upside after the record breaking OPEC cut and release of the Saudi prices for may. Goldman and Emirates say cut not significant. Support at 22.80 Short-term resistance at 23.20
The USDCAD have the extremist spikes among all pairs, as it wasn’t only affected by the Corona Virus fears but also the oil crises as well. The Canadian Dollar is highly affected by the price of oil when oil goes up the Canadian Dollar goes up and vice versa. Moving to technical analysis, we have extreme spikes that obeys no rule of price action. We have nothing...
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 OIL technicaly based idea, technicaly indicators showing we can expect higher bearish market continuation, we...
If we break the channel support and the GZ below, the probability of us being in the W5 will rise.
Sell trade plan according structure. ThankYou