wticrude

sell oil at nyopen, the 1 hour support has been broken next target 4580

Lately we have seen a lot of catalysts as far as WTI Crude Oil but less and unreasonable volatility than expected. We had: 1.O.P.E.C enlargement deal. 2.Libya's and Nigeria's supply growth. 3.Arab nations cut ties with Qatar. 4.US increase Oil production 10 months straight with new cheaper drilling methods. 5.Summer rally seems to have an effect on inventories ...

wti crude oil sell now

Holding long position from Friday at $46,38 planning to hold until $48,10 and buy the next dip to $46,50 region and hold toward $49 where the big shorts will come

USOIL has formed a 100 score long trade setup on the weekly timeframe. This trade setup is confirmed by a bounce off a very strong support level, a very strong Bollinger Band outbreak, and a significant Bullish Engulfing. TP set at previous highs. I may exit early as there is a down-trending resistance line formed by the previous highs. I will wait to see how ...

It seems WTI Crude Oil could be forming a Bullish Gartley Harmonic Pattern on the 4 Hourly and daily charts as price action has just pinned the Water (50 EMA) where it seems it has completed a pullback Fibonacci. It is possible to expect a continuation of more upward moves towards the Bullish Gartley Harmonic Confirmation Area where a SHORT can be taken to both ...

Hey guys Im watching for a rebound or a breakout on the crude Oil . - 38.2 retracement - Support zone - RSI oversold - Daily trend's - Outside bollingerbands Wait for a reversal ( Rsi , candle , etc ) Have a great day !

After the rally from 45.5 to 49.60 (big completed gann) , i am expecting some retracement on it, it looks like the retracement has already started. Oil has the tendency to retrace at least 50 to 75 % of the rally. In this case the 50 percent of big move is around 47.5. As long as the price stays below the high of 49.6 i will be interested to short this below 48.6 ...

WTI is looking down next 2 years. I expect 13-20 range to be tested by mid 2019. Lower range is my primary. ST expect to see 37-40 by mid August, then up into year end to 50-53 level in wave ii of final 5. year 2018 will be tough for oil.

Surely it can't be this easy? Even the ABC corrections are to the same price levels :)

Breakout resistence TVC:USOIL

Sell WTI at low of Bearish Pinbar on Daily Chart. SL: A few pips above the high of the pinbar TP: Next weekly major resistance. Note: Closing trade when close (New York Candle) above the daily EMA 5.

Wti short and long

Stopped out of my short key reversal at $43.94 on the 4hr good support this will go much higher. Look for an entry on the pull back, as of now may be $44.41, the rest of the week may be a good ride to the top

the analogy with the 2008-2009 fall suggests that there is a chance of repeating the pattern as shown by the arrow pay attention to the difference in DMI between the 2008-2009 case and today crucial is not to break south the monthly chart this is rather a last call otherwise we'll have a new pattern with deeper level southward

The sellers are back. We had a great pick-up but I think the sellers are back to drive this into $40

Good long position in play, support at $45.22, might fly up

sell oil