We are in a wedge pattern, so we need to wait til the price break one of the edges.
Oil Breaking To The Upside: This idea argues that oil is breaking to the upside from previous highs and that long positions are attractive due to positive swap and tight supply. It also sets a target of $90 per barrel, Weekly analysis: This idea is bullish on US oil and expects a pullback to $84 area before a rally towards $92-$93 range
Crudeoil Chart Analysis........08/09/23 Long : above 7325 lvl. Sl : 7100 (jisko deep sl lena hai woh 7000 lvl. par rakh sakta hai.) Target : 7875 / 8000 Enjoy !
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... ;)
In this update we review the recent price action in the Crude oil futures contract and identify the next high probability trading opportunities and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
In this video, we are studying the time lag between commodities, inflation data, and central bank decisions. 3 types of crude oil for trading: • Crude Oil Futures 0.01 per barrel = $10.00 Code: CL • E-mini Crude Oil Futures 0.025 per barrel = $12.50 Code QM • Micro WTI Crude Oil 0.01 per barrel = $1.00 Code MCL Disclaimer: • What presented here is...
The price of oil halts a six-day rally, and a move below 70 in the Relative Strength Index (RSI) may accompany a larger pullback in crude as it reflects a textbook sell-signal. Crude Oil Outlook The price of oil trades in a narrow range as it struggles to extend the series of higher highs and lows carried over from last week, and failure to hold above $87.30...
low risk entries: wait till 16 min bar closed above prior bar then buy the lowest part of the fair value gap
In late July I made a call that oil's actual target in the imminent term is not $100+, but actually a 3 or a 4-handle. Oil - A New Long Leg Down Soon Begins I believe that this long term analysis is still correct. However, price action has shown that the target was finally the daily gap at $85 and was achieved last week. Thus far in some 7 weeks of...
Fibonacci retracement. 0.6, 0.5 for reversal area..having assending channel.and assending channel 3-4 touch price makes bullish ..taregt will be till last high or break this for new high..
Where #CrudeOil goes... #Silver goes! Watch for those continuation breakout lines.
Buy sell is mind game Marke up trand buy Market down trand sell Market sideways 3 type of market Daliy bassis Market up trad ce buy
"Oil is the lifeblood of modern civilization, fueling progress and shaping the course of nations." By ChartScope Published on August 25, 2023 Consider the shock of paying significantly more for your daily fuel needs. This not only affects your driving expenses but can ripple into higher costs for essentials like groceries and clothing. Enter the role of light...
Crude continues performing as anticipated. It reached today our target zone while showing ST overbought condition, be prepared for a profit taking wave in the coming sessions.
According to my analysis Crude Oil will go up and touch 100$ to 107$ range of previous year Pin bar level of Fibo 50 to 61% and bounce back down. this time find only buying opportunity till market touch the 100$. keep watching CL for next move.
9.5.23 In this video I tried to show how you could scalp the silver market on an opening price short trade. I projected that the market would do some things that it hasn't done yet so it will be interesting to go back and see what the market did since this video. At the time of this video I thought the market was going to go higher and lower. The oil went higher...
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... ;)