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Setting hard stop of risk at higher lows of 25.22, expect pull back to close for low of day.
Careful--delisting is in discussion 12/8
Possible over correction occurring in oil, will be looking for a stop limit entry above the current price, likely 19.70. Price may move sideways, but the buying opportunity seems to be increasing if it is going to be moving into a channel. Prior support has been broken, this can be validation that the prices are going to be moving lower, or its being oversold, ...
UWTI BOUNCE ON SUPPORT LEVEL
then broke the downtrend resistance line
-MACD showing buy signal
Short crude oil...
One swing system I use has just registered a new buy signal for Crude Oil.
details on chart
Swing trading pivot to resistance
nice entry here if you are bullish oil.
details on chart
45min TF, grabbed some puts into the close
My trading view, UWTI
Im buying into this rally in Oil. I see us in a half cycle consolidation right now with an upside target of $26. TSI is bullish with a zero line crossover.
nice profit and low stop loss why not?
OPEC meeting at the end of the month.
There is big manipulation at this level ,barrel $43.50.
My future prediction for Crude OIL, expecting re-test barrel $50 area. Before or After the OPEC meeting.
Great buy opportunities at this level.
As we all know ; Saudi Arabia controlling the oil prices. Dont forget ARAMCO ready to go public. !
They know something. MY ...
Today's oil stockpiles report is bullish and possibly will have positive effect on the oil price. Not really sure what caused such a draw in the supplies, but looks good. OPEC talks this month also will affect the price positively if we see some good headings. Taking these in consideration $50 oil is not so far away, so is the $UWTI price of $30. Now the bad - USD ...
Yup...time to buy crude. Going higher from this buy zone pivot.
Currently in trade