CFDs on Crude Oil (WTI)

FUNTRADER-Vera

Hello traders, USOIL is not a easy one to trade this week. But it is showing sort of sign of ending correction soon. This correction could be a double test of the support and rise up to breakout to test fibo 1.27, 86.30later. Or it is possible to make a double top on 4h chart to make a deeper correction down to next support level before rising up again....

Joseph_Yabwa

Do I really need to explain myself?? We have a bearish gartley pattern in a market thats starting to consolidate and do you what happens when you combine advanced pattern with a consolidation?? A match made in heaven

reazosman

Still bullish? Zone to risk some dough. Please manage risk accordingly. Good Luck all Target 85.50000000000000000000000000000000000000000000000000000000000000

TrickleDownFX

Hello my beauties. Here's an idea based on Wyckoff schematics about Crude Oil. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX

Henrythemaestro

Not typical, long & stable upward trend on the daily chart has been going on for a while. Hard to predict when the price will correct downward, but it is likely that it will happen, sooner or later. What do you think about oil? Will the trend continue? Old saying in trading, "trend is your friend" probably works also this time. When the price corrects down, I would buy!

VIP_Trading_Technologies

Hi guys. This is not a call of any kind but an alert of a possible big movement in oil coming in the coming sessions. I believe tomorrow or Monday we could have a bloodbath. Look at the trading volumes, they are quite heavy compared to the average. Let's see what the big funds supporting this oil rally plan to do in the coming hours. There will be some news...

naficabacaba

Oil is going big and the crisis will hit the world and help the renewable energy and technology to grow faster than expected.

CountLikeWallStreet

The simple answer is we dont know. but all we know is that we have a complete or about to be completed classic impulsive 12345 progression wave. what usually follows after this kind of moves is going back to one of the fib retracement levels (i.e 0.38 as an example) before going more upside. Trade responsibly

BANDZTRADES

My view of USOIL . Potential long opportunity. I am a bit late with this idea and it’s a bit minimalistic and quick but it will hopefully do. After a pullback down to our PBA 1 and respecting the consolidation area , I’m expecting the price to come back up to the top of the consolidation area . Double bottom on 4H is also confirming the long idea....

wavetimer

We are again coming into a new cycle of deflationary forces after this next move up in wti to 85/87 focus 85.9 we should then see a total break from the fear of inflation to a stop of money flow into the system

azk001

Missed a sell on oil today. Risk 1% and aiming for 10% on this trade. No indicators used. Pure price action. Like to keep my chart clean. Simply trading structure, nothing else!! All trades closed on the same day. Entries are taken on 1 min chart. Stop loss is moved to cost after structure break. Don't chase the trades, wait for the next opportunity. Also,...

GabiDahdouh

Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Oil hit a five-year high near $84 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs the...

HaremRebwar

Short term selling opportunity on USOIL. If you find this work useful push like please.

19:58

AriasWave

Due to the previous long trade idea being invalidated I had a long hard think about the overall pattern. I once again have to lean towards the idea that the pattern since 2008 has not completed yet. Not quite the same idea I had previously but one that suggests that this latest move up is a completed Wave C. Whether or not you understand exactly how...

HumbleWolfFX

Looking to scale in 82.3 level for more upside. Previous prognostication delivered heavily.

TradingShot

On my most recent WTI Oil idea I laid out the reason why I expected it to tun parabolic towards $82.50: That target has now been reached and on the 1D time-frame, WTI is approaching a very strong Support cluster both on price and RSI terms. As you see the price is close...

07:16

MattArmstrong

I have highlighted a setup looking like a correction in WTI, it's been an amazing ride indeed! Manage risk. 1% Risk 2:1 RR

Moshkelgosha

n these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! Multi-Timeframe Analysis: Hourly Chart: Double Top (Bearish) Daily Chart: Double Gravestone Doji and confirmation bearish candle at the upper border of the bullish channel (Bearish) Weekly Chart: crossing above resistance level after...