OIL H&S CONFIRMEDCrude Oil has been forming a Head & Shoulders pattern and it has now been confirmed! I can see oil heading to the $70 area. Simple and Clean Analysis! Happy Trading!! ⚔️ Follow my account for more posts :)Shortby ray3spinoza224
Micro Crude Short4hr chart is down 1 hour chart is down supply zone on 15 min chart is inside of the 4 hour TrendCloud This is worth a 1% risk on your stop loss for a 2:1 target. Shortby thechrisjuliano0
#XTIUSD Trading The Double CorrectionIn this update we review the recent price action in the Crude Oil futures and identify the next high probability trading opportunities and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS00:57by Tickmill4
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;) by sepehrqanbari3
WTI wave analysis fundamental still bullish in war situation so we bias to buy In my view new 1-2-3-4-5-A-B-C cycle is happening wave 1 is leading diagonal (this is very clear) by Elliot wave rule wave 2 cannot go down below wave 1 So we use this rule to set our set set up with 2 RR If wave count wave right price should not go below wave 1Longby tofinse1
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)by sepehrqanbari4
#CRUDEOIL UPDATE 📆 30th October Rising oil prices, driven by Israel's actions, raised concerns about global oil supply. Ongoing uncertainties persist concerning geopolitics and future interest rates, influencing market recovery. WHERE RESISTANCE PLACED AT - 6030 Buying is only recommended if the crude sustained above - 7050 Selling below - 6984 by Shalvisharma56
OIL to GOLD monitorRatio of the price oil in gold moves in ranges, and its extremalities lead to significant changes of trend. May be gold have common value not linket to any obligations, gold have stable value whereas dollar may be devalued or reflatedby Vitaliy_Lebedev6
BULLISH ACCUMULATIONprice retracing above supply. now has the strength to go higher making a wyckoff smc pattern. Longby junjuntadle21
CL downhello friend, from my analysis i see the market will keep moving down, so i put this idea to share it with you ! NYMEX:CL1! Shortby Omar0khascnadar00
Descending flag patternFrom daily chart its currently show descending flag pattern and want for breakout trendline. I personally product the prize is going breakout again.it may begin for next few day. Longby NaimSaat220
Opening Range Breakout on Crude4 hour chart is in a downtrend. The candles are red. 1 hour chart is in a downtrend. Candles are red. CCI is below -200 Look for the first supply zone on the 5 minute chart that breaks structure. Enter trade at the bottom of the wick that formed the supply zone. 7 minute video with step by step instructions. Short07:19by thechrisjuliano1
crude oil WTICL's current support area lies on 82.31 - 81.50 , which consider a stop loss, as the breakout of it will turn the trend to downtrend with lower targets near to 79.34 - 77.60$ Crude oil need to break 85.60$ to above, to cancel the mentioned negative scenario, and trigger it to target higher levels near to 88.19 - 90.78$ by Gehad_Abouelela4
CRUDE OIL WAS STUCK TIME TO RUN!!!!!Presently, the current market conditions offer a highly favorable risk-to-reward ratio within the range of 81 to 82. This price level represents an extreme, both in terms of short-term and long-term trading perspectives. The last instance where such an opportunity presented itself occurred approximately one year ago. I, as a prudent trader, do not actively engage in crude oil trading but patiently await opportunities of this magnitude. Longby zeyankhan1318Updated 9
SHORT MCL FUTUREWe took another advantage but this time it was short in MCL futures to take a risk reward ratio of 1:5, I took my profits earlier due to the complexity that the market was having to reach my target profit, but without breaking my trading rule. I done for the day. Have it a good weekend everyone. Short14:20by ecastillo24921
CrudeOil in next few hours!Crudeoil movement for next few hours should complete triangle , at the specific time as shown!by ChartsXtrapolated111
Taking advantage of market analysis in micro oilClearly we saw less strength in the bearish trend and we focused on market analysis to be able to take advantage of a long and be able to make a small profit on the MCL FUTURES.Long07:06by ecastillo24921
Looking for some trades10.27.23 7:30 am In this video I run down a list of markets including the dollar, the es, oil, gold. I ran out of time on this video.... but you want to look at the oil chart on a daily chart and a 4-Hour chart because it had good triggers at the top and the bottom of the range which was over two points which is more than $2,000. I am okay with the ES as a short but generally I'm not a big fan of shorting on a market that's so oversold... but this is a market that just looks like it has more to a downside you have to be careful of buyers stepping in and taking out break out sellers. One of the reasons I look at range boxes... is because bullish markets like gold transition to bullish-ranging markets... and that helps me find my trade location, my risk, and my reward with more clarity than looking at this without the range box. it would be easy to look at gold as a bullish market... but it is safer to look at it as a bullish- ranging market.20:01by ScottBogatin7
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;) Longby sepehrqanbari3
MCL1 Current POC 83.61 trending towards 84.22 on the 30min chart. Downtrend to interject, watch that point. If breaks through and 84.22 becomes support we could climb to 85.33 by mid day Friday. If 83.61 doesnt hold on the 30 min upward trendlin it could drop to 83 and another point of interest for buyers to step in or sellers pile on and start the descent to 79.35 by awg740
Crude Oil - Correction? Or Change in Trend?The December Crude oil contract has endured a precipitous drop in the past three trading sessions - falling nearly $7 per barrel. Is this just a correction? Are we in the midst of a trend change? The Bullish Case: Crude gapped higher on Monday, October 9th, following the start of the conflict between Hammas and Israel, and the geopolitical risk surrounding the situation served as a bullish catalyst for the crude oil contracts. A primary reason for the rally was anticipated escalation in the conflict, which has yet to materialize - causing the rally to stall. However, the risk of escalation still remains. Third party involvement from other nations or interest groups has the propensity to push crude oil prices even higher than the initial rally following the onset of the conflict. The Bearish Case: The winter months are typically not very kind to crude oil prices. Demand for crude oil wanes as consumers are usually more sedentary during the winter months. The seasonal chart below displays the 5, 10, and 15 year average tendencies for the December Crude Oil contract. Over each of those periods, crude oil prices trended lower from mid-October through November. If escalation does not materialize, it is likely that crude oil will continue to move lower. How Will We Know? In order to keep the uptrend intact, December crude oil will have to defend its recent low around $80/bbl. A turn higher ahead of that point will be a strong indication that crude will buck seasonal tendencies and continue higher. A failure to defend $80/bbl likely indicates that prices will continue to move lower. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Blue_Line_Futures1
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)Longby sepehrqanbari6