The weekly candle close this week respected the bearish weekly volume imbalance, respected the bearish weekly orderblock, and failed to close above the previous weeks high. For this reason, I am targeting the PWL as a DOL. I will be looking for price to trade up into H4 premium arrays and reject from them. Once I see bearish arrays being respected on the H4, I...
Crude oil has been grinding higher since the December low, but after a 4-week period of choppy trade momentum has turned higher. Whilst $80 has been a tough level to crack in recent week, we suspect a breakout is now on the cards - 200-day MA has provided dynamic support - Falling wedge into 200-day MA - Bullish range expansion out of the falling wedge - RSI...
NYMEX:CL1! 'Obstacles we jump on top of those, under no circumstance will we be stopped. We aiming for Excellence!!' -Management500K Family I hope we all are doing well in our individual lives and growing day by day... In this CL Narrative I have developed, I will be breaking down why I believe the HOUSE can CAPITALIZE on a Counter Trend Pullback due to a...
Crude is falling but in 15, 30 and 60 minutes time frame it is showing positive divergence on mfi and this is clearly oversold area and some bounce back may be seen till 6750-6780.
CRUDEOIL recently reversed & create Bullish pattern We are not SEBI registered. Disclaimer from Admins as per SEBI norms: Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing.Purposes.I am not responsibil for your intended decision & financial losses This group is only for Educational and Learning, Knowledge...
Crude oil broke lower yesterday leaving 4H FVG aligned with negated order block becoming breaker. Daily closed below previous day low so I expect crude oil to extend lower.
Crude Oil NYMEX:CL1! ! Let's delve into a crucial chart, our beloved Crude Oil (CL1!) Futures Contract. Starting the count post the pandemic dip, we've completed a 5-wave cycle reaching $130. After a subsequent drop, the Wave C formed in March 2023. Following that, in my analysis, we've crafted an upward Wave X around $95. Currently, we seem to be descending...
Trading Idea: CL - H4 If price is showing signs of further downside movement or a push down coinciding with the release of Crude Oil Inventories, the 79.80 area appears to be a logical potential destination for a bounce before a potential continuation to the upside.
Crude oil CL is in up trend recently. Today CL broke yesterday's low, swept liquidity below that low and found support at 50% of Daily FVG as buyside imbalance which gives conviction that market is still bullish and ready to move higher. I will be looking for a break of breaker block on 15M chart and then enter on retrace. I will target previous day high for more...
I've been waiting for this resistance for months! As we approach, i'm watching for a rejection
Preferably 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... ;)
We have a chance of Head and Shoulders pattern. now price is approching the right shoulder area. look for short side,when price comes to this area. on bottom side we have a strong support at 4800 levels. keep in long side from this support zone.
Market has broken to the upside and looks like it is trying to resume uptrend in addition to uncertain Geopolitical environment.
oil prices should be going higher from here in 2024, Targets are placed on the chart. NYMEX:CL1! TVC:USOIL
**CrudeOil:** The price resisted at the EMA200, it is expected to reach the top of the channel, zone between 82.70 / 83.60.
crude oil trading quite high, drop of 2% could be possible as a correction, if trade below...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & Unusual Market Volume Detector (UMVD) Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of...
Crude Oil (WTI) Futures CL Priority way on 15.03 - Long These posts are recommendations for building trading ideas for the day. All recommendations are based on personal experience and analysis of incoming market data.