Don't be fooled about the key level, I personally think this has a lot more upside potential before we see any sort of decline. I expect price to rise much higher to SL hunt the sellers that impulsively sold at the key level marked. Let's see how this one plays out at the start of next week, have a great weekend!
Crude oil is likely to move somewhat higher to close the gap to ca. 40. For educational purposes only.
Still in the same structure and we are expecting the down move to form a Daily correction something like the copy of the candles on the right. Happy Trading, Stay Green! ✌️ ➖➖➖➖➖➖➖➖➖➖➖➖➖ 💬 Please let me know your view about the idea 🔗 Check out the "Related ideas..." in the links below too ➖➖➖➖➖➖➖➖➖➖➖➖➖ 📌 Kindly note that Forexian is not a signal...
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Tezos had a bullish breakout from its falling wedge pattern within a larger pennant. I'm looking for growth to the upper boundary of the pennant which is about a 27% gain from here.
on DAILY: CRUDE OIL is sitting around a strong resistance zone so we will be looking for objective sell setups on lower timeframes. on H4: CRUDE OIL is trading inside our red wedge pattern but the lower trendline is not valid yet so we are waiting for a third swing to form around our lower trendline to consider it our last swing and then enter on it break...
for now down trend and then probably up trend on pink circle
Bulls are out of steam. We see a breakdown on to bearish on AD volume, RSI, MACD divergences. Price is likely to drop to ca 30, missed pivot.
USOIL START MOVING TO 50$+ all is matter of time as worldwide lock down is opening Keep buying we had changed our trend after long time period on oil .. NOW WE ARE BUYING WE APPRECIATE YOUR LIKES AN COMMENTS DO YOUR OWN ANALYSIS BEFORE ENTERING TO A TRADE
on DAILY: OIL is currently sitting around a strong resistance zone in green and almost filled the previous gap so we will be looking for objective sell setups on lower timeframes. on H1: OIL is trading inside a wedge pattern (not valid yet) so we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break...
I don't usually trade oil, but next week ill look forward to opening a long position after the retest. Comment down if u agree with me..
According to Chart XTXBTC Looking Bullish and good time to fresh Entry. Above support line I am bullish. Entry: 2950-3050 Satoshi Targets: 30%/60% I am buying some at current Market Price. Please like and follow me for latest crypto updates. Must follow me for latest crypto updates. Thank you
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. Its highly bullish since the market negative values. Look at the monthly time frame its a perfect breakout off the key level which can be considered as the major one on the market. Now we should...
Keep buying we had changed our trend after long time period on oil .. NOW WE ARE BUYING WE APPRECIATE YOUR LIKES AN COMMENTS DO YOUR OWN ANALYSIS BEFORE ENTERING TO A TRADE
Posting this for those who are interested in Crude and what to anticipate as there is lots of uncertainty around this market. Because of that some major hedge funds prohibited their traders to trade running crude oil contracts. On Market uncertainty - "Bloomberg has reported that only 50% of shale producers have hedged 2021 production compared to 60% that had...
Crude bulls decided to challenge 2020 downtrend. 2020 downtrend that started January 8, 2020 remains valid (hence our stance is bearish) as long as we do not have a valid breakout with 3 DeMark breakout qualifiers. This is a turning point. Good news for bears - missed May pivot at 16.3 (in 90 percent of cases price always goes to test missed pivot). Look for a...
Price is at R3 reversal area - April pivot (which was untested, price came to close it). April pivot range acts as resistance now. I see price drop back to 12-11, as history seems to repeat itself. 12 is also May reversal level, bottom of May value zone, which makes sense. So I would look for bearish setup anytime. As price make bearish reversal pattern, that is...
As expected, price is retesting our previous resistance in red. Price didn't break below our double top neckline, so we didn't sell. then price broke above our upper blue trendline objectively, and we will keep holding our buy until as long as price is trading above our orange trendline. (or until an objective sell setup is activated)