I just went this short : 118.58, stop 121.10, target 113.67
The price of Crude Oil exceeded my expectations, which weren't low either: With all this unprecedented demand for travel, i expect the price of WTI to be at the $125 level this summer. Looking forward to read your opinion about it.
RN Elliot Describe himself in his book that the 5th wave in commodities is usually the longest and strongest. Red channel is the Termination Channel, For wave 5 targets at centreline or topline Blue channel is Corrective Channel, breakout or breakdown will likely guide the future trend Black line is major pivots trendline, if price gets out of that look for...
Valero Energy Corporation ( NYSE:VLO ) Sector: Energy Minerals (Oil Refining/Marketing) Market Capitalization: $52.889B Current Price: $132.55 Breakout price: $135.90 Buy Zone (Top/Bottom Range): $128.75-$118.15 Price Target: $186.30-$189.00 Estimated Duration to Target: 314-322d Contract of Interest: $VLO 1/20/23 145c Trade price as of publish date: $12.45/contract
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Have a look at my IDEA! It seems like that OIL has hit a Resistance again and will fall back to its Support. Share your thoughts with US, please
After breaking RED trendline, OIL price will increase dramaticly A Pullback is possible
Fundamental Development Oil was up on Thursday morning in Asia, extending a cautious rally as signs of a tight market emerge. The European clash with Hungary over plans to ban imports from Russia, the world's second-largest crude exporter, also continues. Brent oil futures were up 0.31% to $111.47 by and WTI futures for July delivery rose 0.50% to $110.88....
Based on technical factors there is a long position in : 📊 USOIL 🔵 Long Now 110.45 🧯 Stop loss 109.60 🏹 Target 111.80 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
oil short 109.59, target 105.8 stop 112.01
Hi Traders, What I see? Buyers no longer have the power they need It seems that buyers are disappointed or waiting for some good news from OPEC The price of gold is also falling with oil and there is a possibility of a retrace. So we have to wait and see if when sellers push the price back hardly If you would like to know when I'm trading and receive an update...
A repeating pattern and strong economic events for the next week shows that oil may sink in the upcoming week or will oil prices continue to rise because of the war in Ukraine?
This graph is a representation of my point of you of the futures market (USD).
This graph is a representation of my point of you of the futures market (USD).
Good morning/good afternoon TradingView community. Today's video idea is focused on oil as we saw a solid reversal yesterday sellers did their best to get a new leg lower going. Buyers not only stopped the run but put in a solid reversal bar that finished above the 50% point of the previous lower bar. This action has us thinking, could this be the start of a...
buy cl target 122.69 stop loss 100.39, the possibility of going up is good