West Texas Intermediate Crude Oil cash WTI

PM_Gifted Pro+

Hi,,, Today I would like to talk about LONG TERM TRADE and GAPS on 1D chart for WTI (West Texas Intermediate): 1) 1D CHART is NOT for everyday trader (it's NOT for everyone - it's pretty much for MILIONAIRES) and on LuxAlgo the candles are all PURPLE ---> so nothing IMPORTANT is happening. 2) EVERY GAP MUST BE CLOSED SOONER OR LATER ---> THIS IS HOW THE MARKET...

mjunaidk

Long trade based on analysis. Entry, Sl and TP defined.

PM_Gifted Pro+ Updated 

Hi WTI will go down to 75.00 from now. There is a Double Top on H4 as last time so short from now. Thank you.

RUSSELL_K Updated 

There is a high probability that the fall will continue to the specified areas

MateuszGwizdek

EU There will probably be a correction to 81.50 first, followed by a breakout to 82.3-82.8 Which gives us the basis for selling up to zone 80.41 and 78.5 PL Prawdopodobnie najpierw nastąpi korekta do 81.50 , a następnie wybicie do 82.3-82.8 Co daje nam podstawę do sprzedaży aż do strefy 80.41 oraz 78.5

TradingReep

Short-term looks good if we break above and hold $83. Break 200MA and it's go time. Reject there and we might be retesting that downsloping trendline lower. Reject and fall below the downsloping trendline again and 63-65 next, fail there and we're probably bouncing big time from 57-59 (both a potential long-term bottom)

JDP1

Oil moved up in the past weeks. But I think that trend is not strong. It looks like Oil have started a downside movement already in the channel showed on my post

Tradelikealireza

I expect a buying pressure on oil and then falling

Forexcues Pro

Let's look to Wti. It moved up in the past weeks. But I think that trend is weakening and downside movement is possible soon. Because, Crude Oil is reaching to strong level - 83.83! What should we do in this case? 1. Place sell stop order at 81.52 2. First target is 76.98 3. Second target is 73.16 4. Stop Loss is necessary at 83.50 But if it will continue...

Mrjrasta01

So oil has hit the intended TP and has continued to to bounce between the IC candles very well ( I have not been looking at the charts of the festive period so they are marked in yellow) but we are looking to bounce even higher the next tp will be around 83.9-84 and then we would obviously assume a pull back maybe to 81.5 then would look to hit TP 2 of around 85

shawntime_academy Premium

Hey traders. Thank you for the comments and boosts. Today's chart is WTI. Let's check it. We can see 1. the descending channel. 2. rebounding from the bottom line of the descending channel. 3. middle line of the descending channel is on 90.000 We should check Friday - US Core Durable Goods Orders, Core PCE Price Index, US Core PCE Price Index, US New Home...

PM_Gifted Pro+ Updated 

OK let's try again (Long Position this time) after losing 6000GBP on Monday 19th December while going short . Newest technology says we have moved passed The Monday High and now getting closer to Equilibrium which is at 81.40USD (Equilibrium is The Middle Point between Discount and Premium Zone) . We have a green CHOCH on the 15M and 1H chart (waiting for green...

devashishgupta21 Pro

CRUDE OIL has been on DOWNTREND for several months and past four month's monthly volumes are considerable less and shrinking too. In monthly timeframe, December has formed bullish hammer and so am expecting a bullish hammer in January also. Looking at the volumes, sellers have dried up and buyers have pulled up prices from 75-70 multiple time now. Since several...

REALMAPHOLOBA

Crude Oil am holding a bearish directional bias i see this structure as a 3,3,5 if we can get a decent pattern after wave 5 has completed that would be a potential sell to 77.230

shawntime_academy Premium

Hey, traders. Thank you for comments and boosts. Today's chart is WTI. Let's check it quickly. We can see 1. the descending channel. 2. bottom support on 70.000 3. resistance on 80.500 and 89.000 We should check Friday - UK GDP (YoY), UK Manufacturing Production (MoM) (Nov) We can expect 1. upward movement to 89.000 by breaking the resistance on 80.500 (we...

FbbSlick Pro

WTI will retrace to one of the Fib zones labeled on the 1 hour chart before continuing to push down.

ThisIsZR

Looking for price come to my box, pullback area then we sell together untll our bank money number like phone number.