CL LongLooks like a good opportunity to go long on CL. Nice breakout of the 2 month range. Looking for continuation trade. Entry - 73.8 First Target - 76 Final Target - 80 Stop loss - 71.5 ( I would like to see a 4hr close below that green box) Please let me know your thoughts. Thank you!Longby AS_Futures_FXUpdated 1
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 Light Sweet Crude Oil, 7/17/23A two-sided framework continues through summer between 62.14 long-term support, and 81.85 long-term resistance, both regions able to contain seasonal activity. Inside of this wide range 77.70 and 67.08 can both contain weekly activity, possibly into August trade. Closing below 67.08 indicates 62.14 within several weeks, able to contain selling into autumn activity and the level to settle below for then indicating 53.87 within several months, longer term Fibonacci support able to contain selling into later year. Upside, a settlement above 77.70 indicates 81.85 within 1 - 2 weeks, able to contain buying into autumn trade, and the region to settle above on a weekly basis for then indicating 94.67 within several months, able to contain annual highs. - For Monday, 77.70 can contain weekly buying pressures, possibly into August activity, below which the 72.86 level is likely within the week, 67.08 attainable over the next 2 - 3 weeks. Downside Monday, 75.45 can contain session weakness, while closing today below 75.45 signals a test tomorrow of 72.86 - 73.16, able to contain selling into later week and the region to settle below for then indicating 67.08 within 1 - 2 more weeks. Upside Monday, closing above 77.70 signals 81.85 within 1 - 2 weeks, long-term resistance able to contain buying into autumn activity and a significant upside continuation region over the same time horizon.by SpecialeAnalysis1
CL1 futures this is only my plan possibly I'm wrong. planning first trades for the coming week by ltmode1
AFTER big MOVEI think it's time to be intrest for SHORT, I'll update TARGETS bellow Shortby Jed96Updated 1
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 sepehrqanbari2
Crude in the middle of an impulsive recoveryCrude oil is in a nice uptrend, making some very clear extended impulse from 70.20 area where fifth wave can be extended. We also see price now approaching the 161.8% Fib target, so intraday traders should be aware of some slowdown, possibly back into wave four before uptrend may resume. If wave four is really near, then nice support is at 75.32. Also, at the same time USDCAD and USDNOK pairs can stay bearish. by ew-forecast6
WTI Light Sweet Crude Oil, 7/14/23For Friday, the 72.85 - 72.97 area can contain selling through the balance of the week, above which the 77.63 formation is likely by the end of next week or sooner, able to contain weekly buying pressures - possibly through the balance of July. A daily settlement above 77.63 indicates the more significant 81.97 long-term resistance level within 1 - 2 more weeks, where the broader market can top out into later year and a significant upside continuation point over the same time horizon. Downside Friday, closing below 72.85 signals 69.05 within several days, possibly yielding a retest within 1 - 2 weeks of 67.08, able to contain selling on a weekly basis and above which 77.63 remains attainable over the next 3 - 5 weeks.by SpecialeAnalysis0
Crude Oil Price Rallies to Clear May HighThe price of gold clears the May high ($76.69) as it stages a three-day rally, with the advance in crude pushing the Relative Strength Index (RSI) towards overbought territory. Crude Oil Outlook The price of oil registers a fresh monthly high ($76.96) as it carves a series higher highs and lows, and a move above 70 in the RSI is likely to be accompanied by a further advance in crude like the price action from 2022. A break/close above $78.70 (50% Fibonacci retracement) brings the $82.10 (50% Fibonacci retracement) to $82.60 (23.6% Fibonacci extension) region on the radar, with a move above the April high ($83.53) opening up the $87.30 (78.6% Fibonacci retracement) area. However, the RSI may mirror the behavior from earlier this year if it fails to push above 70, and the price of oil may face a pullback if the oscillator holds below overbought territory. Lack of momentum to break/close above $78.70 (50% Fibonacci retracement) may push the price of oil back below the $75.10 (38.2% Fibonacci retracement) to $75.60 (38.2% Fibonacci extension) area, with the next region of interest coming in around $70.00 (50% Fibonacci extension) to $70.60 (61.8% Fibonacci retracement). by FOREXcom1
CL - Crude Oil is respecting the Lower extremes ProjectionI've been often asked, how I choose the A/B/C Points when I apply a Pitchfork. Just use context and learn the Swing rules. Then you cannot go wrong, and you will get the correct information from the market when you throw a Pitchfork on the Chart. Be open minded, but don't force your meaning to the market. The market is doing what he wants. So, we look for a change in behavior. Something obvious. FACTS. Don't FOMO. There's plenty for you, even if you miss a couple points or eve $s. Let's put the stalking Hat on.by Tr8dingN3rd3
target got achieved..crudeoil shorthappy that target got achieved.. thanks for watching.. Shortby shiit_tv_teame1
Cruide oil After observing this candle with substantial volume, it suggests a strong potential for the market to return and initiate an uptrend. by Ali_luci1
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 sepehrqanbari2
Cruide oilAs we observe the crude oil breaking through the support level and initiating a new trend, it's a probable downtrend for today.by Ali_luci0
WTI Light Sweet Crude Oil, 7/13/23For Thursday, the 72.41 - 72.84 area can contain selling through the balance of the week, above which the 77.56 formation is likely by the end of next week or sooner, able to contain weekly buying pressures - possibly through the balance of July. A daily settlement above 77.56 indicates the more significant 81.97 long-term resistance level within 1 - 2 more weeks, where the broader market can top out into later year and a significant upside continuation point over the same time horizon. Downside Thursday, closing below 72.41 signals 69.05 within several days, possibly yielding another test next week of 67.08 within 1 - 2 weeks, able to contain selling on a weekly basis and above which 77.56 is attainable over the next 3 - 5 weeks.by SpecialeAnalysis1
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
CRUDE OIL TRADE FOR TODAYcrude oil approaching major supply zone. 6200. numerous indecision candles. indicating buyer exhaustion. Shortby praveen0701
WTI Light Sweet Crude Oil, 7/12/23For Wednesday, 72.83 can contain selling through the balance of the week, above which the 77.48 formation is likely by the end of next week or sooner, able to contain weekly buying pressures when tested - possibly through the balance of July. A daily settlement above 77.48 indicates the more significant 81.97 long-term resistance level within 1 - 2 more weeks, where the broader market can top out into later year and a significant upside continuation point over the same time horizon. Downside Wednesday, closing below 72.83 signals 69.15 within several days, possibly yielding another test next week of 67.08, able to contain selling on a weekly basis and above which 77.48 is attainable over the next 3 - 5 weeks.by SpecialeAnalysis1
OilKeep an eye on oil the next few days imo. Pulled back more than I anticipated it would after the April 3rd gap up, but today it closed above VWAP from that day, indicating that buyers are back in control since then. Lots of room to move higher if this level holds imo. I'll be looking for longs if above $67.by Essendy0
crudeoil reached my target ,.very happy that my crude oil target achieved .. thanks for watching..Longby shiit_tv_teame1
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 sepehrqanbari665
CRUDEOIL LEVELS 11.07.2023 Daily LevelsCRUDEOIL now breaks the trend line,once its retrace at 5800-5900 great buying opportunity and will expect 6500-800 with strict Stop loss of 5500by albnsecurities3
WTI Light Sweet Crude Oil, 7/11/23For Tuesday, 72.83 can contain selling into later week, above which the 77.41 formation is likely by the end of next week or sooner, able to contain weekly buying pressures when tested, possibly through the balance of July. A daily settlement above 77.41 indicates the more significant 81.97 long-term resistance level within 1 - 2 more weeks, where the broader market can top out into later year and a significant upside continuation point over the same time horizon. Downside Tuesday, closing below 72.83 signals 69.25 within several days, possibly allowing another test of 67.08 by the end of next week, able to contain selling on a weekly basis and above which 77.41 is attainable over the next 3 - 5 weeks.by SpecialeAnalysis1