The Oil analysis is very simple, we follow an upward trend with a projection up to 86/87. Tambein made small operations without confirmation in case he decides to change trend. Today 10/20/21 I keep a short with the SL at the maximum of laterality. If it surpasses this (No false breakout) it should remain bullish. We are attentive. The entrance is Sclaping but...
WTI is for now still in strong move up and it wouldn't be a good timing to short now. However i would look out on continuation into the 85$/90$ long term resistance in order to try for a short trade. Before entering i would wait for the MACD to turn red and upper BB to start closing, until this 2 conditions are not meet, there is no question to short this...
I will be going to a full 75 to 85 % net short on any rally into these targets . The last wave of inflation
Missed a sell on oil today. Risk 1% and aiming for 10% on this trade. No indicators used. Pure price action. Like to keep my chart clean. Simply trading structure, nothing else!! All trades closed on the same day. Entries are taken on 1 min chart. Stop loss is moved to cost after structure break. Don't chase the trades, wait for the next opportunity. Also,...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Oil hit a five-year high near $84 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs the...
Due to the previous long trade idea being invalidated I had a long hard think about the overall pattern. I once again have to lean towards the idea that the pattern since 2008 has not completed yet. Not quite the same idea I had previously but one that suggests that this latest move up is a completed Wave C. Whether or not you understand exactly how...
Oil prices turned down after the Chinese government flagged it was looking for ways to tame record high coal prices and that it would ensure coal mines operate at full capacity as Beijing moved to ease a power shortage. Chinese coal prices and other commodity prices slumped in early trade, which in turn pulled oil prices down from an uptick earlier in the...
In this video I continue the coverage of this uptrend in WTI Crude Oil. As per my previous idea linked below I mentioned the possibility that this pattern would occur. I have updated the count to reflect this and have stated the critical support level. Entry: At Market Stop Level: $81.76 Target: TBA Remember to use Disciplined Money Management...
WTI now has a clear 5th wave upside target, in this update we review the two way trading opportunities that are developing
Since price action has broken the highs I have adjusted the count to highlight a potential expanded Wave 2 correction. When something doesn't add up you must go back and reassess the previous corrective waves. Sometimes even corrective waves can look impulsive due to underlying strength in the market. In this video I explain why this is entirely possible...
Crude oil prices pulled backed slightly overnight after a US report showed a large build in stockpiles. The American Petroleum Institute (API) reported a 5.213 million barrel build for the week ending October 8. That is the third weekly inventory build reported by the API. Energy traders will shift their focus to the upcoming Energy Information Administration’s...
This weeks market updates will focus on individual markets due to some key elements that need discussing. The reason for this is due to some opposing views from last week when I made two separate videos. Since then I have done some research in order to bring some clarity over those views and how they differ between markets. Having taken a good look at these...
The West Texas Intermediate Crude Oil market fluctuated on Tuesday as it sits just above the $80 level. When you get a strong move to the upside like we have had, the market will either go sideways to digest its gains or pull back. At this point, it looks like we are going to settle on grinding sideways and digesting the previous move. If we were to turn around...
WTI in a uptrend channel. Look for short term pullbacks.
In this video I explain exactly why USOIL or WTI Crude is about to make explosive gains. We are in the midst of seeing the start of one of the biggest OIL rallies in recorded history. I want you to understand why the AriasWave methodology is so powerful in getting you into these types of moves with little to no risk. Not only getting you into them but also...
Welcome Hyperspace Agents, This is the second part of US OIL. Part V2. In order to understand this chart. You must do the following: - View the ENTIRE Time-Series Analysis. - View Pt. 1 of the US OIL idea. -Try and Grasp the understanding of Harmonics and Inverted C&H formations. -Be open minded. Please see the snapshots in order. They represent a snapshot...
Risk 1% and aiming for 10% on this trade. No indicators used. Pure price action. Like to keep my chart clean. Simply trading structure, nothing else!! All trades closed on the same day. Entries are taken on 1 min chart. Stop loss is moved to cost after structure break. Don't chase the trades, wait for the next opportunity. Also, please view price action on 1 min...
Risk 1% and aiming for 10% on this trade. No indicators used. Pure price action. Like to keep my chart clean. Simply trading structure, nothing else!! All trades closed on the same day. Entries are taken on 1 min chart. Stop loss is moved to cost after structure break. Don't chase the trades, wait for the next opportunity. Also, please view price action on 1 min...