CRUDE TRADING IDEAAs per price action levels are marked in charts. Let's see how the market reacts. Follow our rules. Just take looking for long with strict stop loss.
AXBV2015 trade ideas
CRUDE OILPreferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas.
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WTI Light Sweet Crude Oil, 6/16/23For Friday, 68.29 can contain selling into later next week, above which 76.70 is attainable over the next 2 - 3 weeks.
Upside Friday, pushing/opening above 71.30 allows 74.77, likely to contain session strength, and the point to settle above for yielding 76.70 within several more days, able to contain weekly buying pressures when tested.
Downside Friday, breaking/opening below 68.29 allow 67.16, also able to contain selling into later next week and the point to settle below for clearly indicating 62.14 as a 1 - 2 week target able to contain broader market selling into later summer
CRUDE OILPreferably suitable for scalping and accurate as long as you enter carefully the price behavior 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... ;)
my ideas check thiscrude oil go for buy the month then my chart analysis my rules your check and watch go for buy tnx for all
WTI Light Sweet Crude Oil, 6/15/23For Thursday, 69.12 can contain buying through the balance of the week, possibly resulting in 62.14 over the next several weeks.
On that score, a settlement today below 67.16 would affirm 62.14 as a 1 - 2 week target able to contain broader market selling into later summer.
Upside Thursday, pushing/opening above 69.12 allows 71.51, while closing today above 69.12 allows 76.59 over the next 2 - 3 weeks, able to contain weekly buying pressures when tested and the region to settle above for signaling 81.85 long-term resistance within several more weeks.
CRUDE OILPreferably suitable for scalping and accurate as long as you enter carefully the price behavior 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... ;)
Short term long Tweezer top at the low in 1D chart. Can push to the 6000 level and then can go downwards . Thia is my perception only.
WTI Light Sweet Crude Oil, 6/14/23For Wednesday, 69.95 can contain buying through the balance of the week, possibly resulting and 62.14 over the next several weeks.
On that score, a settlement today below 67.16 what a firm 62.14 as a 1 - 2 week target able to contain broader market selling into later summer.
Upside Wednesday, pushing/opening above 69.95 allows 71.73, while closing today above 69.95 allows 76.48 over the next 2 - 3 weeks, able to contain weekly buying pressures when tested and the region to settle above for signaling 81.85 long-term resistance within several more weeks.
Long CL Crude OilThe support seems holding. Bull Pichfork. Long at 72.0 and Target 82.0. Good Risk/Reward ratio.
WTI Light Sweet Crude Oil, 6/13/23For Tuesday, 68.70 can contain buying into later week, below which 62.14 remains a 2 - 3 week target.
Downside, 65.17 able to contain daily selling pressures, while closing below 65.17 indicates 62.14 within 3 - 5 days where the market can bottom out through summer activity.
Upside Tuesday, closing back above 68.70 allows 71.94 within 3 - 5 days, able to contain buying through the balance of the week.
A settlement above 71.94 indicates 77.56 within 3 - 5 days, able to contain weekly buying pressures when tested and the point to settle above for then indicating 81.44 long-term resistance within 2 - 3 more weeks.
Crude Oil Selling Into Support?Crude Oil getting hit to the downside in the over night session, and the selling is continuing this morning with prices trading right near the psychologically significant 68.00 level. The main spark of the selling was Goldman stepping in and revising their price target for Brent Crude to$86, down from $95. There is strong support in this August contract at 67.86, and a break below here could send us back towards the May lows at 64.41.
CRUDE OILPreferably suitable for scalping and accurate as long as you enter carefully the price behavior 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... ;)
WTI Light Sweet Crude Oil, 6/12/23A two-sided framework continues through summer between 62.14 long-term support, and 82.45 long-term resistance, both regions able to contain seasonal activity.
Downside, a weekly settlement below 62.14 indicates 53.87 within several months, longer term Fibonacci support able to contain selling into later year.
Upside, a weekly settlement above 82.45 indicates 94.67 within several months, able to contain buying on an annual basis.
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For Monday, 72.16 can contain buying into later week, below which 68.52 remains a 3 - 5 day target able to contain selling over the same time horizon.
A daily settlement below 68.52 indicates 62.14 over the next 2 - 3 weeks, where the market can bottom out through summer activity.
Upside Monday, closing above 72.16 indicates 77.56 within 3 - 5 days, able to contain weekly buying pressures when tested and the point to settle above for then indicating 81.44 long-term resistance within 2 - 3 more weeks.
Waiting for Triangle Brake outPossible Triangle Brake out from downside Or maybe from Upside expected.
