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Crude-oil

WTI: Where To Sell??? October was phenomenally good for WTI oil trading. My last target for the long trade is lying on 60 level. Those who are looking for a short trade, focus on 60 - 61 resistance area. this area was respected multiple times by the market in the past and, in my view, it is the safest zone to sell. for now, it looks like bullish tendency will remain and buyers will keep pushing the market to the resistance line of the rising channel. the only minor resistance on their way will be 59.0, we can expect a minor retracement from this level and continuation to the underlined zone.
TVC:USOILLong
by VasilyTrader
1
USOIL - DAY TRADE Hi, today we are going to talk about USOIL and in a Day Trade opportunity. We observe a 1h(60m) chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link bellow! Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
TVC:USOIL
by Igor-Silva
WTI update for week ending 27 September 2019Weekly Data Summary Suggests: Current Weekly Trend is Bearish The anticipated upcoming trade range is between 52.93 - 59.21 If WTI is capable of maintaining the current strength as of today, there is a projected weekly target price of 64.20 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current weekly reading of: Neutral Bear The RSI that monitors bearish strength has a current weekly reading of: Neutral Bear The strength demonstrated over the last 5 weeks is currently: Bearish Price Consolidation has formed between: 50.55 - 63.33 Indicators are mixed in directional attitude. This indicates a strong consolidation/decision area. Trade with caution while waiting for a trend direction decision to be made. Daily Data Summary Suggests: Current Daily Trend is Bearish The anticipated upcoming trade range is between 54.57 - 57.57 If RUT is capable of maintaining the current strength as of today, there is a projected daily target price of 1543.02 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current daily reading of: Neutral Bear The RSI that monitors bearish strength has a current daily reading of: Neutral Bear The strength demonstrated over the last 5 days is currently: Bearish Price Consolidation has formed between: 54.87 - 63.33 Current chart score suggests a Bearish Market is present. Comments: Mixed sentiment between weekly and daily charts. Daily chart maybe bearish at this moment, however it may be prepared to turn again and continue back up. This is based on the divergence on the indicators between the stronger trend (week) and weaker trend (day). ** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
TVC:USOIL
by priceprophet
WTI update for 25 September 2019Daily Data Summary Suggests: Current Daily Trend is Bearish The anticipated upcoming trade range is between 55.17 - 58.13 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current daily reading of: Neutral Bear The RSI that monitors bearish strength has a current daily reading of: Neutral Bear The strength demonstrated over the last 5 days is currently: Bearish Price Consolidation has formed between: 54.87 - 63.33 Current chart score suggests a Bearish Market is present. ** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
TVC:USOIL
by priceprophet
BRENT CRUDE IMPORTANT SUPPORT LEVEL - WATCH OUT FOR A BUYHi traders, there haven't been many updates on Brent ccrude lately as we waited for the dust to settle after the drone bombings on Saudi Arabia's production plants. Initially, the news caused a large spike in the price of Brent with most of the gains erasing lately. The spike caused a breakout above a falling channel, potentially initiating a new uptrend. The current price action provides many buying signals. The price fell to the broken channel which now acts as a support, and the price has also reached the 61.8% Fib level, forming a strong reversal pinbar pattern. If confirmed, we might enter with a buy position as we anticipate the probability of a retest of recent highs. Join our Telegram channel to stay up-to-date on our actions.
OANDA:BCOUSDLong
by MujkanovicFX
WTI Update for week ending 20 September 2019Week update for week ending 20 September 2019 In Bull territory. Projected range for upcoming week 61.57 - 55.33 Price Projection: HMA: Neutral Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Bullish 5 RSI: 5 day relative strength appears Bullish Consolidation: In Consolidation between 50.55 - 63.33 Price-Trend: .34x ATR Daily for 20 September 2019 In Bull territory. Price Projection: 64.28 HMA: Strong Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Neutral Bull 5 RSI: 5 day relative strength appears Bullish Consolidation: In Consolidation between 54.87 - 63.33 Price-Trend: .64x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
TVC:USOIL
by priceprophet