#CRUDEOIL - At strong resistanceCrude oil at strong resistance Wait for daily candle close above resistance to take long trade Crude give a false break out on 12-Apr & fall by nearly 20% Please follow risk management & position sizingby vishnumohany2k3
WTI Light Sweet Crude Oil, 8/2/23For Wednesday, the 80.65 - 81.61 long-term resistance area can contain buying through summer activity, below which 76.48 is likely within 1 - 2 weeks, 62.14 attainable over the next 3 - 5 months. On the other hand, closing today above 82.42 signals 84.44 within the week, while a weekly settlement Friday at or above 82.42 (1% above 81.61) would set off a buy signal into later year, 87.27 then expected within 3 - 5 weeks, 103.33 within 3 - 5 months. Downside Wednesday, closing below 80.53 indicates a good weekly high, 76.48 - 76.97 then expected by the end of next week, able to contain weekly selling pressures when tested and a meaningful downside continuation point into later August.by SpecialeAnalysis1
CL LongNYMEX:CLU2023 has rallied significantly due to increased demand and OPEC+'s ongoing production cuts. Buying at quality demand is preferred as prices are expected to continue rising.Longby randy8767
Crude Oil - Shorting opportunityCrude Oil's Second Leg is showing signs of ending. 5th Wave is exhibiting ending diagonal pattern. At Least a 50% retracement of last wave is expected.Shortby obviousTacos169290
To the end crude will blast soonWait for movement and make big profit After 2 days u will be fun Longby chandreshhadiyal981
Key Levels and US Market Review for the Asian session open 1/08US and European markets saw a relatively tame session to end the month. Major indexes remain buoyant and edge higher even as the USD gains and US Bond yields hold around long term highs. While traders focus on the end of a global interest rate rising cycle, share markets remain risk on. For me, the technical view remains positive for now with focus today on the RBA rate statement today in our local market and then it will shift to the US Key employment data at the end of the week. Expecting a stronger open in Asia with the ASX200 to open up 25 pts, the Nikkei to open flat and Hang Seng to open up 210 pts. Traders will be keeping an eye on coming employment data and rate Statements from the RBA today and BOE later in the week, for an updated outlook for Global interest rates and inflation. Some KEY ACTIONABLE LEVELS into the Asian market session. Review of the European and US sessions and what that will mean to the price action in the near term along with key levels to watch. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper19:47by TradeTheStructure2
WTI Light Sweet Crude Oil, 8/1/23For Tuesday, the 80.65 - 81.61 long-term resistance area can contain buying through summer activity, below which 73.40 is likely by the end of August, 62.14 attainable over the next 3 - 5 months. On the other hand, closing today above 82.42 signals 84.48 within the week, while a weekly settlement Friday at or above 82.42 (1% above 81.61) would set off a buy signal into later year, 87.27 then expected within 3 - 5 weeks, 103.33 over the following 3 - 5 months. Downside Tuesday, 78.12 can contain session weakness, while closing below 78.12 indicates a good high through next week, 76.12 - 76.13 then expected over that time horizon, able to contain weekly selling pressures when tested and a meaningful downside continuation point into later August.by SpecialeAnalysis0
CL1!: Long Signal with Entry/SL/TP CL1! - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Long CL1! Entry - 81.58 Stop - 79.84 Take - 84.18 Our Risk - 1% Start protection of your profits from lower levels. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals131320
learn to trade a tradesetup in crudeoil..a tradesetup was shown in crude oil ..and a paper trade was initiated with our 3 indicators,, this is not a trade advice.. but a learning setup.. kindly mute while watching.. thanks for watching.. if u like the video..give me a like ..and try to follow..for new updates.. 06:48by shiit_tv_teameUpdated 0
Technical and digital analysisWe notice that we are in a correction to the upside and there is an increase in the buying momentum, we are waiting for the completion of the correction and the weakness of the selling momentum for buying and there is a divergenceby faridsalim3080
Bullish CrudeoilSee in Chart.. First of 5500 around major support.. From long time not break this level, maybe around 3 times touch this levels.. Upper side now 6020 major resistance and after that you can see new levels in Crudeoil.. 6300 first and after that around 6700++ Let's see Hope no any bad news release from US/OPEC/RUSSIA side.. Thanks for Support Longby SJ2409Updated 8
Crude Oil....6430.Heading higher..FocusCrude Oil MCX Current Future...6430 Heading for 6800 in all probabilitiesLongby ST_NGNFUpdated 1
Retracement and higher high on CL?We successfully broke the weekly trend line and right now we are at the daily sell zone. I would like to see some retracement and then a higher high to around 83 area. Also, we crossed the 200 EMA on the daily timeframe which is a strong trend reversal signal. Entry - 77.5-78 (I would wait for a retracement to this level to go long. We can enter early around 78.5 if you do not want to miss the move.) Stop - 76.85 ( I would like to see a daily close below this level ) First target - 80 Second target - 82 Final target - 83 Please let me know your inputs. Happy trading!Longby AS_Futures_FXUpdated 1
Bullish! Big 3-3-5 or?? 5 wave Bear?Greetings all, Wishing you a fruitful week ahead. I would like to share Three business ideas I have developed using the Elliott Wave Principle with you. For further clarification, please refer to the attached chart. Your continued support is greatly appreciated and I look forward to our mutual success. Best regards, Longby mehdi47abbasi795
WTI Light Sweet Crude Oil, 7/31/23A two-sided framework continues through summer between 62.14 long-term support, and 81.61 long-term resistance, both regions able to contain seasonal activity. Upside, 81.61 can contain buying into later year, once tested 62.14 attainable over the following 3 - 5 months, where the market can bottom out on a seasonal basis. On the other hand, a weekly settlement above 81.61 indicates a good low for the year, 87.27 then expected within 3 - 5 weeks, 103.33 considered a 3 - 5 month target able to contain buying well into next year. - For Monday, the 80.65 - 81.61 long-term resistance area remains can contain buying through summer activity, below which 73.40 is likely by the end of August, 62.14 attainable over the next 3 - 5 months. On the other hand, closing today above 81.61 allows 84.52 within the week, while a weekly settlement Friday at or above 82.42 (1% above 81.61) would set off a buy signal into later year, 87.27 then expected within 3 - 5 weeks, 103.33 over the following 3 - 5 months. Downside Monday, 78.12 can contain session weakness, while closing below 78.12 indicates a good high through next week, 74.83 - 75.41 then expected within 1 - 2 weeks, able to contain weekly selling pressures when tested and a meaningful downside continuation point into later August.by SpecialeAnalysis0