Crude oil probable price projection1. if price closes above the level then it moves up
2. if price breaks below may test lower levls
Related commodities
Crude Ready For New Strong Leg UpCrude oil is recovering for the last few weeks, after new sanctions against Russia, with price rebounding from 56 sharply and impulsively. This suggests an important new swing low is in place, and we should now be aware of more upside ahead, with a minimum three-wave recovery that could take us towa
CRUDE OILDO YOU KNOW WHATS BEHIND THIS OR OTHER IDEAS?? in bio.
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 a
There are some setups for trades todayThis is Monday the 24th and I went through a number of markets including oil which I think is going higher and they went to some many contracts for traders who need less risk even though there's a little bit less reward.
CRUDE OIlDO YOU KNOW WHATS BEHIND THIS OR OTHER IDEAS?? in bio..
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
US OilCrude Oil
- Order Block
- Falling Wedge as an corrective pattern in Long Time Frame
- RSI -Divergence
- Demand Zone
- Completed " 1234 " Impulsive Waves
Confidence & Power | Supply & Demand Trading 4H/5m TimeframeOk, here it is for a 2nd chance.
Trendline is gonna get utterly swiped before we make a new high.
Based on 4H zones, I enter on the 5 minute chart.
- Mr. Trader-CL
Crude Oil Has Finally Finished An Intraday Corrective SetbackCrude oil made a very strong rebound back in mid-October with an impulsive move of more than 11%, while the current retracement from 62 is very slow, which still suggests a counter-trend movement despite the weakness now retesting the 78.6% support levels. We can still see three waves down, and idea
SellsI'm looking to sell, but patiently waiting for the price to enter my zone. On the Higher time frame, I see we are making LL & HL, which indicates a downtrend. Then I found a high-probability area where I believe the price will reject. We are waiting for a candlestick pattern or price action pattern
CRUDE OILDO YOU KNOW WHATS BEHIND THIS OR OTHER IDEAS?? in bio..
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
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of E-mini Light Crude Oil Futures is 58.550 USD — it has risen 0.81% in the past 24 hours. Watch E-mini Light Crude Oil Futures price in more detail on the chart.
The volume of E-mini Light Crude Oil Futures is 2.08 K. Track more important stats on the E-mini Light Crude Oil Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For E-mini Light Crude Oil Futures this number is 1.30 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for E-mini Light Crude Oil Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for E-mini Light Crude Oil Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of E-mini Light Crude Oil Futures technicals for a more comprehensive analysis.