CFDs on Crude Oil (WTI)

ArminChiani

hey yall , if you look at WTI Oil's past rn , you'll see we kinda have the same pattern rn . in both of them we have descending channels . in the last pattern , WTI did a retest after breaking above the channel . so I'm guessing after going up a little bit , we will have a retest and then pump is gonna happen . it'll be a huge pump . imo the price will even get...

MaximeDeKeyser

As we see on the chart, WTI Crude Oil broke a long term resistance at around $75. And is now heading to the golden ratio 1.618 at $116. A price increase of more then 50%.

RealistFX

Would quite like to see a pullback at some point! Even with fundamentals it’s due one.

GreenGateFX

Oil is moving well for us, breaking the previous resistance level where we were expecting a turn, however now targeting the second identified level of resistance. This is where we think there will be a reaction and a possible turn on oil. Breaking above and it looks like they will want to take it to $100pb. GreenGateFX

edu70trader

Patrón armónico Shark (Tiburón) / Alternativo + 5-0 AB=CD, donde el componente 0C posiblemente para ventas (corto) en rango 84,40/84,70+- correspondiente al patrón primario SHARK 0-X-A-B-C, seguido del componente CD para compras (largo) en rango 74.20 / 73,20+- corresponde al patrón armónico AB=CD con el máximo del previo componente XA y al nivel del 50% de...

fernandoc17

Hi there, Oil preparing a big move to the downside, since March 2020 lows we are on a new trend, completing the 3 wave we go for the big correction to the downside, Long term, Oil still a buy, but for now look for shorts only. Watch price action in lower timeframes to go short, Good luck

VIP_Trading_Technologies

Dear Fellow Traders: Today I would like to emphasize the fact that we have been going up for 8 consecutive weeks, 2 months, with no red candles in between. That is very unusual and as I mentioned in another post it happened only once in history with a record of 9 candles of the same colour in a row. Being said that and looking at the chart I see the next...

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

Oil strongly closed above 77 and now there will be no significant resistance and in the next 3-6 months above 100 USD/barrel could be possible! However, the hourly chart shows a possible pullback to 77..! Short term: Possible correction (5%) Longterm: Bullish (25-30%) Reviewing my previous analysis could be interesting for you: June 1st, 2021: price was 68,...

EXCAVO

WTI is near its resistance. We have a large accumulation zone. There is a triangle at the top. I think it will fall to the support zone. It is a magnet. On small time frames, you can see how the volumes subside and there is a bearish divergence. Best regards, EXCAVO

MrRenev

So Russia said they would provide everyone with fuel, they said "no one in Europe will freeze". They also reminded us they are tired of sanctions, which weaken the US currency. Recently, and this was ignored in US and international news, the US stabbed France in the back. France that still think they are a major power (they are still in the top 5 or at least 10...

CryptoFundManager

Who would have thought that WTI Crude Oil will reach once again the 2014 levels, with all this green energy rally in the last few years? What`s next, to see once again Exxon Mobil Corporation (XOM) be the biggest company in the S&P 500? I think USOIL is heading for a retracement right now at 70-71usd levels, and overall forming a Head and Shoulders bearish...

VitalDirection

Wave C of an expanding flat Wave B correction in progress. Crude Oil either topped or still a new marginal high to come then will collapse. Target: 57/41 GOODLUCK!

flyhorse

The oil price is so really High ...but with a new top there isn't a new high of momentum... so there is possibilities for a dump of price and a temporary stop of increase

FUNTRADER-Vera

Hello traders, USOIL is still on our buying list without question. BUY WITH STOP LOSS LOWER 79.90 THAN RISK LOWER THAN YOUR TOLERANCE: Suggested Risk <5% TARGET:85-92 Your Real Entry Position Will Make Different RR for Your Trade. Good luck! LESS IS MORE!

13:20

AriasWave

Since price action has broken the highs I have adjusted the count to highlight a potential expanded Wave 2 correction. When something doesn't add up you must go back and reassess the previous corrective waves. Sometimes even corrective waves can look impulsive due to underlying strength in the market. In this video I explain why this is entirely possible...

VasilyTrader

Hey traders, Contemplating this bullish rally on WTI, here are the major key level to watch for pullbacks. 77.0 - is the structure resistance that went broken this week. Now it turned into a support 91.0 is a minor monthly/weekly resistance. The price may retrace from that. 107.0 - 115.0 is a major monthly resistance...

Trade_Your_Way

WTI completed one ending diagonal. According the theory, the price has to go in the top - beginning price - of ending diagonal.