CL turning pointCL possibly looking for a move higher. Confirmed +Breaker on the Daily. Looking for an entry on the lower time frame for a long run to IDPA 20 where there happens to be relative equal highs. Random....Longby NQ_HandlesUpdated 559
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 sepehrqanbari11
CrudeoilCrudeoli level I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and lossShortby Treemurti_Traders2
8hr Crude Oil Chart Trying to Find Support Based on this Elliott Wave idea, price "could find support nearby, or even gap up at the open, in search of higher levels. In my view of the market, price could gap up and go at the open, or give us a wick down into support overnight before ripping higher all week. But, these words are easy to type... price is KING. Longby bcindc1
In Search of Support to Bounce Higher this WeekBased on this Elliott Wave idea, price "could find support nearby, or even gap up at the open, in search of higher levels. There are two areas of interest based on s/d zones: 75/76 and also a more bullish 78/80. Will know much more by 6am Monday morning... tick tock. Longby bcindc0
Channel Set-up - Crude OilBased on Elliot Wave counts from another source, I believe the low at 67.71 is in and Wave 1 is completed at 76.18. The bottom of the channel will complete Wave 2 at the same level. Likely will see another low in overnight trading to come to .618 Fib level seen on the chart and then see prices start to move up. Fib levels are not hard and fast and Wave 2 can dip pretty close to the low at 67.71 with count invalidated below that level. Will look to confirm if you will the channel bottom low with prices turning up and seeing higher highs and higher lows. by HedgehogLanding556
Huge Bounce Play from the Bulls now or Naw...? (CL Futures)NYMEX:CL1! Daily and Weekly Chart we are Clearly Bullish..... However we could see a huge Bounce Play from this Daily Demand. Whats your take on CL....? Higher Oil Prices in 2024? LMK what yu think i'm Neutral atp.... Shalom+ #BHM500K by TreyHighPwr4
Oil over $100 by EOY... starts tomorrow!Oil is about to start heading higher in part because I believe the dollar (DXY) is about to collapse. I show a channel and some price targets using fibs. I see oil over $100 BY EOY of possible up to $116 by March/April 2024. Of course it could go up faster depending on any supply shocks. I also believe stock market, BTC, and Gold will be rallying with oil thru EOY starting tomorrow. Longby TheUniverse618Updated 1115
$CL_F: Crude oil's down trend could be reversing here...Seems like a low risk entry to go long Crude Oil here, and also a good hedge for equities, and the inflation under control thesis under pinning bullishness in stocks. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrieUpdated 4
Best Moment for Oil AIM LOWER. hello everyone, dont forget to have a good money management. its almost 99% oil will go to 70 85% to 68 70% to 65 , after breaking the 65 it will be super downfall to 57-59 happy new year and merry christmas Happy Holiday Shortby LaurentWilvyne116
WTI Crude oilOur overview: Despite EIA report a big draw in stock and the impact of the Red Sea commercial routes disruption, is still not clear, the market experienced a deep selloff. In our opinion due to end of year portfolios correction and take profit. Trends analysis: Primary(purple): upward corrective structure wave B, intermediate(green): downward corrective structure wave B, minor(yellow): upward corrective structure wave A, intraday(orange): upward impulsive structure wave 1. Our current strategy: Aggressive Long looking for a technical rebound with first target @$73.80. Our current position's risk profile @$72.20: delta +0.48, gamma +0.19 Hedging point: on breakout $71.50Longby DeltaZeroFinance0
Bottoms are BearishThis is a serious extension down today. This is the very bottom of a known support zone so even though it smells bad down here, this 'could" be a bottoming area. The downside structure is absolutely full down here now and a bounce seems more likely than not. #BottomsAreBearish!Longby bcindc1
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
Crude oil wants to make money to read this article!The recent rise and fall of crude oil, as a whole is a big shock, although it is an upward trend, but not so clear, yesterday's daily line is very unexpected unexpectedly closed the negative line, the rise is not coherent, such a market we understand as shock, today's thinking of shock more treatment, today's crude oil attention yesterday back to the low point is the bottom of the upward trend of 1 hour, Strong support is near 73.10, these two positions are the positions of bull sniping, and the positions of pressure are 75.50 and 76.50 Longby the_Hand_of_GodUpdated 228
WTI Crude oilOur overview: Once more API data highlighted weak demand, let's see if will be confirmed by EIA report scheduled today. Trends analysis: Primary(purple): upward corrective structure wave B, intermediate(green): corrective structure wave A, minor(yellow): downward impulsive structure wave 5, intraday(orange): downward impulsive structure wave 3. Our current strategy: Neutral. Our current position's risk profile @$74.04: delta 0.06, gamma 0.017 Hedging point: Not set Targets: @$75.58 @$75.14 @$74.38 @$73.77 @$73.15 @$72.49 RSI "D": Neutral Stochastic "D": Positive RSI "H": Negative Stochastic "H": Negative RSI "5min": Negative Stochastic "5min": NegativeShortby DeltaZeroFinanceUpdated 0
OIL IS VERY BULLISH WAVE E ENDED The chart posted is that of WTI . even in a bearish alt oil will see back to 80 The cycles model is in the bottom phase and is set to turn up for the rally into first 90 days . bearish for SP 500by wavetimerUpdated 6
WTI Crude oil - last update.Our overview: RED SEA uncertainty regarding commercial vessel traffic routes still on focus. Waiting for the API data. Trends analysis: Primary(purple): upward corrective structure wave B, intermediate(green): corrective structure wave A, minor(yellow): downward impulsive structure wave 1, intraday(orange): downward impulsive structure wave 5. Our current strategy: Neutral. Our current position's risk profile @$75.43: delta -0.036, gamma 0.0075 Hedging point: Not set Targets: $79.50 $77.80 $76.52 $74.87 $74.07 $73.35by DeltaZeroFinance0
LQ swipe in Premium 👀Good old light sweet crude oil A very aggressive market compared to FX. Now definitely close to be shifting into pullback or reversal after this momentumShortby benjaminlombaert0
Buy high & Sell low ?🥴TIP: Identify key VA's that reject price in low value / low volume areas. These price areas (not lines*) will reflect true entry areas where the ones that entered before either quickly moved price away from the current direction (reversal) or very aggressive through it. Price reacts and develops new rithms over a certain time, but one thing will always be true. To a minimum, Sell High & Buy Low You never want to buy something expensive You never want to sell something cheap Same Shit Pick the right Liquidity pool by benjaminlombaert2
1st target hit. Will it reach 2nd Crude Oil target 76.32?Elliott Wave Theory projects this wave to make it up to 75/76.32. Problem is that technicals don't immediately support that idea, and or in fact bearish right now. Will be resolved this week, imo. I'm flat and looking for long signals...by bcindc0
Crude OilCrude Oil Chart Analysis 24/12/23 Long : 6000-6080 Sl : 5970 Closing Basis Target : 6290 / 6490 / 6680 Enjoy !Longby VirendraPandey222
CL! Short-Term Tradeeasy trade with CL! The price might spring support. My first thought is that support will hold and the price will bounce off it and rally. It might not hold. I will consider those options more in depth once the price visits the support zone. I might publish another idea updating it, but considering I have no cloud I will probably not.Shortby AA_16180339881