wticrudeoil

If Crude Oil does drop after reach 4890 I have plotted the internals of wave 3 down: Pink Waves: A. Wave 1 0.382 of C B. Wave 2 0.5 of wave 1 C. Wave 3 2.618 of wave 1 D. Wave 4 0.382 of wave 3 E. Wave 5 1.618 of wave 4 Green Waves: A. Wave 2 0.5 of wave 1 B. Wave 3 2.618 of wave 1 C. Wave 4 0.382 of wave 3 D. Wave 5 1.618 of wave 4 The larger wave 3 (red ...

8/18's candle closed above the 3 SMMA after closing below on 8/17. Therefore, I am expecting 8/21's candle to close above the 3 SMMA . I will be looking for buy signals on the hour time frame that look similar the buy signal on the daily that you see here (candle close below 3 SMMA , then candle close above 3 SMMA ). This is a day trading technique and I will ...

Traders, USOIL corrective structure A-B-C (circle) since 09.06.2016 is close to ending, after a last drop, when C-wave (circle) completes as an expanding ending diagonal. A-B-C (circle) possible expanding flat corrective structure pattern. 1- Wave-A (circle) developed into a ZigZag pattern, internal 5-3-5 structure ending at 39.23 2 - Wave-B (circle) developed ...

See the patterns. Daily chart.

oil long

wti oil waiting for break descending triangle

wti crude sell searching

I've been disgustedly inactive due to hectic school schedules as well as slow internet connectivity. For that, I will be publishing my rationale on why I entered the following trade. After several days of volatility from the Crude oil, the OPEC (along with US Crude Oil Stock/Inventory decline) has helped the Crude Oil prices to recover. However, looking at the ...

wti analysis

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

There is formation of a diagonal pattern. Price could complete a 3-wave correction down to $455 before the rally resurgence. I will prefer to wait for the correction and look for an opportunity to buy the dip. What do you think?

wti crude oil sell now

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.

Hey guys , im looking at a good support area ( in yellow ) for crude oil . This area should be reach next week . Always wait for in reversal or breakout before any trade. Thanks !

sell oil

Short strategy using Bat Pattern

sharing this chart for education purpose, many traders make wrong decision so try to understand chart first. check also update comments box if any questions plz pm me,

I'm expecting Oil will falling till 39 - 38.80 which is the 4th support in 30 days. It's because of the fundamentals, 1. OPEC countries try to cut output, but US selling there inventories. 2. US Oil inventories data comes negative. 3. US drills new rigs, so new inventories to sell because they want to collect 16 billion doller from Oil selling. 4. Mexico ...