CFDs on Crude Oil (WTI) USOIL

not a trade call look for buy setups

WTI has changed its trend channel. It seems to be in an important demand zone with support from long term trend line starting from 2017. Seems like an interesting long, with a possible stop & reverse Short. Good R:R

USOIL showing Gartley pattern is completed and this is maybe the last chance to rebound before breaking the trend line support..

It doesn't matter on which side the triangle break, up or down we catch money *broke 777 Like and follow to support me

Hello Traders! USOIL has completed ABCD pattern and seems to be structuring to drop. Wait for retest of top or sell a lower degree Trend Continuation Pattern

Waiting for buy

Looks like oils is now testing the TL so we could see some drops here or would it be a fake break out?

I don't trade oil for those who preffer. Entry 70.xx Targets 5x.xx - 4x.xx Above 40 I got the knowledge you got the power. If you find this idea useful contribute Paypal: prasangaweerasooriya@hotmail.com Trade with care

USOIL

In case of Evening Stars in 72 percent of cases trend reverse. Ranks 10th among reversal patterns. Here we have it off an important monthly level, also off upper Bollinger band. Target after Fib extension (coincides with Bollinger band and daily Fib level).

63.66 has been a key support and resistance in the past, we are expecting a drop to this level and then a bounce, possibly breaking and re entering our trend areas as marked with red lines. TP and SL are reserved for our paying clients.

Which way will it go?

Crude looks like its at the end of wave 3 or C and may correct soon to .236 or .382 before going up for wave 5. If it falls below 6521 then I'm expecting a bearish leg down below 6440 as with this count wave 4 will cross wave 1 invalidating bullish move. If price goes higher than 6628 in this current wave this will be invalid as wave 3 (white) will be the shortest.

OIL break structure and wedge if price pull back to 74.40 we can short the pull back SL above 75.30 TP1: 72.50 TP2: 71.00

Since the August 14th drop, things have not improved much. On the 33 min, price is moving up in a steep rising wedge (normally a bearish pattern). As price continues up it look for it to breach support and then fall towards the lower support channel on the 1D or around $64.00. BEAR SetUP A close under 64.00 can potentially send us to 62.00 and 60.00 if th ...

https://www.tradingview.com/x/ODzAvrNx/ Buy opportunity on USOIL . Our Indicators are now showing a potential BUY opportunity for the USOIL asset. Long position opened. Lets see how this goes. -CoderX

Expecting a down turn soon

OIL Short from the supply zone 72.35-72.88 is strong supply zone and EIA data push oil to here but can't create new high. Yesterday Short stopped at 69.50 Now we can enter a 2nd sell SL: 73.03 TP1: 71.00 TP2: 69.50 TP3: 66.60