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Crude-oil

CRUDE OIL Swing Forecast! Sell! Hello,Traders! CRUDE OIL is trading in an uptrend Making a spectacular recovery after the COVID crash And there is still some way to go However, a massive monthly resistance level is ahead And it looks ironclad to me Which makes me think that we will see a correction That is long overdue, and judging by the nearest strong support level The correction might be as big as 15% from the highs Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
TVC:USOILShort
by TopTradingSignals
6
Crude Oil Bulls Have Overstayed Their WelcomeCRUDE OIL has just completed an impulse-corrective wave cycle and has the potential to decline to $53/Barrel. That's a 15% decline from the current market price. The advance the bulls enjoy from wave (A) low unfolded as a double ZigZag correction. According to wave theory, the market will resume in the direction of impulse (five-wave) once a correction is completed. The correction also perfectly enclosed within a parallel channel (flag) and the price has broken the market structure. Any further rally must stay below the $67.03/barrel invalidation level. It seems the bulls have really overstayed their welcome.. What's your view on Crude Oil? Let me know in the comment. Thanks for reading, Veejahbee.
TVC:USOILShort
by Veejahbee
Crude oil. Wait for price to come to you.Whenever price for an instrument is accumulating we make to setups, long and short. Because let’s be real, no one know which direction it going to break. We can have a bias as I do,but really just never know. When a trend is happening this is different. You can be more successful picking direction and say trend is your friend in ick a reversal. But consolidation is more or last a crap shoot. So here crude is accumulating. So I set up dondition where I enter long or where I enter short these levels are 65.60 and 65.14 respectfully. Also shown is tp 1 for both sides. My bias is short ( yea, I know) because condition overbought and price needs to get past strong Hull MA. But either way I am ready for a front entry (long) or rear entry (short) as they are called for contingent setups. Safe and happy trading! 💜 Ms Bunny.
NYMEX:CL1!
by UnknownUnicorn11430563
10
US Oil Weekly levels Magic Lines: All supports are not for buy level. As like all resistance are not for sell levels After long research and back testing we find which S&R is for sell level & which S&R is buy level. In that result we give the pure intraday levels in charts. BLUE LINE ARE BUY LEVELS ORANGE LINES ARE SELL LEVELS IF OPENING 15MIN CANDLE TOUCH BLUE LINE GO FOR LONG/ IF OPEING 15 MIN CANDLE TOUCH ORANGE LING GO FOR SHORT. There are 10 different pattern for getting entry in market with this line if anyone interested please command below ...
TVC:USOIL
by AadhanTrading