Light Crude Oil Futures

CL1! NYMEX

Elliottwave-Forecast

Elliott Wave View in Oil Futures (CL) shows that it has ended wave ((4)) pullback at $36.89. This wave ((4)) is part of the cycle starts from April 22 low as a 5 waves impulse. Oil has turned higher in wave ((5)) and should subdivide in 5 waves impulse in lesser degree. Up from wave ((4)) low at $36.89, wave 1 ended at $38.08 and pullback in wave 2 ended at...

Sabaudo

Couple forms of analysis. Wave count and Wyckoff distribution. Pretty early but today's high may have been an up thrust after distribution supported by volume. If channel breaks to upside and finds support at upper channel, then analysis incorrect and will look for higher prices from here.

Samir_Tou

I share with you best trade in the day oil crude

Oualid_akhsass

Hello traders, What about Crude Oil Future!! CL had taken an upward trend, after each level (A and B) CL consolidates it. Now it’s stable inside a trading range. So we have the break down of the VWAP and support trend, If CL was capable to break the trading range down, we expect CL will decrease to rebound on level B. Once it reaches level B we should wait...

MagicPoopCannon

So, now that things are mildly returning to normal, and economic activity is beginning to ramp up, so too has the demand for oil. With that in mind, we can see that oil futures have returned from the depths of negative price action in hell, and have actually made a strong bounce to the upside. You can see a quasi-inverted head and shoulders formation, and crude...

Tradingstrategyguides

Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...

MQP

I WANT TO GET THIS UP FIRST, AND WILL WORK ON IT MORE LATER. Notes: This is 6-day bars (2-day basis), take it with a whole can of kosher salt. The point here is that the purple wave dictates price until price gets in front of it AND THEN passes the retest that is 30 months (2.5 years) out. The reason for this draft is so we can get on the same page before...

cyclewave

Welcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis. Crude Oil futures (CL1!) - It is in 3rd wave of C up, so buy with stops below 39.92 for target about 42 or higher at current...

ChrisMoody

CM_Pivot Bands V1 Special Thanks to Michael S for Introducing Code. Instead of a Long Write Up I Recorded A 8 Minute Video Going Into Detail On V1 Of This Indicator. Please View To See My Initial Findings, My Thoughts For V2, And Items I Need YOUR Help With!!! In Inputs Tab Indicator Has Ability to Turn On/Off Multiple TimeFrames…Thought Process Explained In...

Cidoguy

After we failed to make a new high in this down trend I'm expecting it to drop quite heavy on 37.85.

GoNoGoCharts

WTI crude front month futures have fallen far and fast in the current session to the tune of almost 4% as price was turned away by the overhead supply around 41. This move has triggered a low risk re-entry signal (red circle) into the "NoGo" trend that has been in place for several weeks. This comes as the GoNoGo Oscillator breaks out of a strong GoNoGo Squeeze...

MrRenev

First I think it is more common for fund managers to do this compared to just analysts, because the top guy has the entrepreneur flame and focusses on his activities 247 as opposed to an analyst that works 9 to 5 for a pay and is not an entrepreneur. Also, actual professionals that sell courses like this are not as successful as random 20 yos or grey hair...

MorphinXX

-Thank you for reading this idea! Hope it's been useful to you. -Remember this analysis is not 100% accurate.Use it with your own risk. -Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge

Sadovoy_Trade

CL1! - WTI oil futures Targets around 25-11 f you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this?

MrRenev

Holding periods are at record lows and people are whining about it. Time to talk a bit about who participates in the market. 1- Liquidity ********************************** Something like half of the trading volume is done by specialists & HFT firms as well as a couple of scalpers which is a name for retail traders that hold for a few minutes to gracefully...

MrRenev

I will introduce this by reminding that this is not school and not a 9 to 5 job either. No one will just hand over a strategy and go "ok go make some money instead of me now", there are a few strategy out there on the internet an never know one might have an edge, but it's not even worth it to spend hours looking for something. And makes no sense, "too lazy to...

fract

Significant levels are updated Partially accumulate as it falls in order to trade the pullback.

MagicEins

CoT Data (Commercials, Large Speculators, Small Speculators)