usoilprediction

This is my personal view on USOIL. The price could be in a descending channel but there is nothing back it up on the lows. The buyers keep pushing the price up without any pullbacks and so far showing strong momentum. It is possible that the momentum will decrease as sellers starts to kick in but so far no strong sellers to be seen. Today USOIL did form a ...

As seen on Latest Trend of Bearish on USOIL, it show a Bearish continuation pattern, but in my opinion, this trend will sure hit the bottom deck of it. soon... In my "Prediction" the price action will push to resistance point on 47.00 , if break is seen here, it show the possibility of bullish, on 45.75-46.00 if its break below, then the bullish is false. but if ...

Pivot: 51.65 Preference: short positions below 51.65 with targets at 45.00 & 43.75 in extension. Alternative scenario: above 51.65 look for further upside with 53.60 & 55.00 as targets. Comment: as long as 51.65 is resistance, likely decline to 45.00. Supports and resistances: 55.00 ** 53.60 ** 51.65 *** 47.14 Last 45.00 *** 43.75 ** 42.10 **

In the energy sector, we have noticed a possible speculative short on crude oil as we expect oil to depreciate by -1.60% by the next week. In our opinion, sellers might put pressure on the actual price particularly near the intermediate resistance which might limit an upside move to no more than 6.80% from the last daily closing ...

Ascending triangular correction pattern. Entrance - from above, hence next move - down. SL 48.5 TP 42 48.4-48.5 strong resistance level on daily chart.

We had a sell signal from the system, so we know the general direction of the pair, and now we are facing a pullback after breaking support, will sell after the pullback is over.

TVC:USOIL

Pair Direction Time frame Entry Price Reason Stop Loss TP-1 TP-2 USOIL Sell Limit 4H 53.3 Fibo-0.768,Pressure Level 53.80 51.80 50.10 USOIL Sell Limit 4H 53.8 Fibo-0.768,Pressure Level 54.40 51.80 50.10 USOIL Sell Stop 4H 52.7 Break Support ...

50 is good try

s.l - 47.88 t.p - 51.25

We failed to break the 200DMA on the weekly chart. On top of that we had a clear reversal candle and volume on 3/14/2017 (idea thanks for Chartwatchers. Furthermore, all indicators are signaling a bullish pivot. I am not sure how long this bull will last, so I will have a tight stop-loss.

200 week moving average is providing support also.

what a pity .here can not use chinese.In July 2015. Crude oil has reached Andrew fork Central Line position. Rebound. But is very small. In this position again to start a sell-off. Are you ready

Hi traders!I hold a point:Good charts does not need more words to explain! Good luck!

After 2 months+, oil is developing into a rampant bear. This in my opinion is the initial move of a general bearish trend to come. My first target is $48, as I said in my first post on this trade 2 months ago, with the possibility of a second target of $44-42. This point will not contain any analysis or further explanations, as I have already registered my ...

Hi traders!I hold a point:Good charts does not more words to explain! Good luck!

It has been quite long that we did not do any OIL trade since the last time break out(52.5). But on 23th Feb I found a structure that has reach pressure zone. And we tried to sell @54.7,and closed @53.5,got 120pips profit. 54.00 is the previous support and now become resistance. Choose short entry here, SL above 55.00 Aim 51.5 ! I hold a point:Good charts ...

The process of losing all margin in general: 1 the first few deals are profitable, usually at 1pips to 10pips 2 traders feel good, I think the correct rate is 100% 3 start a new transaction, in the case of 100% confidence, no longer set SL, and then began to float loss.