Get started

Crude-oil

Crude Oil - Reverse head & shoulders formedFX:USOIL Crude Oil - Intraday - We look to Buy at 55.25 (stop at 54.50) A bullish reverse Head and Shoulders has formed. Neckline comes in at 55.25. The formation has a measured move target of 60.40. We look for a temporary move higher. Preferred trade is to buy on dips. Further buying is expected to follow with the hourly Ichimoku cloud and our bespoke support (55.21) offering incentive. Our profit targets will be 57.50 and 59.00 Resistance: 57.25 / 58.00 / 59.00 Support: 56.00 / 55.25 / 54.50
FX:USOILLong
by Signal_Centre
OPEC Failed to impress and the prices reflectFriday the price chart generated an engulfing bearish bar. Monday the prices closed between Fridays prices suggesting either consolidation/turning. Tuesday it broke through the floor of Fridays price, crossed the 21 MA and 55 MA and closed under the 34 HMA in "cover the long" territory. Also, with the prices below the two trend lines - it suggests that the attitude has gone bearish. A second close below the 21 & 55 MA will give a strong indication of what the attitude truly is. HOWEVER. Price projection was triggered on the bullish RSI indicator projecting a fall in prices between 54.11 - 53.89
TVC:USOILShort
by priceprophet
GLOBAL FINANCIAL ENGINEERING SWING TRADING STRATEGY FOR Crude OiThe Primary Trend (PT) given by the Monthly TIME BAR (MTB) is currently Bearish The Secondary Trend (ST), given by the Weekly TIME BAR (WTB) is currently Bearish The Medium Term Trend (MTT), given by the Daily TIME BAR (DTB) is currently Bullish The Short Term Trend (STT), given by the Four Hour TIME BAR (FHTB) is currently Bullish In light of the above trend analysis we will start a bullish trade on crude oil using Global Trading Strategy #1 on the Global Automated Trading System #1 which trade in the direction of the One Hour TIME BARS (FHTB). Read more The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by Global Financial Engineering,Inc. to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
TVC:USOILLong
by globalfinancialengineering
CRUDE OIL SHORT OPPORTUNITY 1D AND 1W CHARTSCRUDE OIL POTENTIAL SHORT OKAY SO I HAVE BEEN WATCHING CRUDE OIL FOR SOME TIME NOW WATCHING TO SEE HOW PRICE WOULD REACT AFTER A VERY STRONG SELLER PUSH AND OBSTRUCTION OF STRUCTURE ON DAILY TIMEFRAME. AFTER LETTING THE BUYER MARKET CREATE SOME BREATHING ROOM, AS WELL AS A BETTER RATE FOR SELLERS TO SELL FROM IT IS STARTING TO DISPLAY INTEREST ON THE SELLER SIDE. THIS PULLBACK ALSO CREATED A BETTER RISK/REWARD RATIO ON THIS SETUP. WATCH ON 1H AND 4H TIMEFRAMES TO LOOK FOR SELLER POWER TO COME IN FOR MORE PRECISE ENTRIES AND RISK LEVELS. THIS MAY TAKE SOME TIME TO COME INTO FRUITION BUT MARKET IS DISPLAY A HIGH PROBABLE MOVE TO THE DOWNSIDE. EXPECTING A EQUAL MEASURED MOVE TO DOWNSIDE. I USUALLY DON'T TRADE COMMODITIES TOO OFTEN BUT HUMAN PSYCHOLOGY NEVER CHANGES THEREFORE ALL MARKETS WILL BE SIMILAR WITH SUPPLY AND DEMAND AND WHEN YOU BREAK IT DOWN THAT WAY IT MAKES IT A LOT MORE SIMPLE. THE PRINCIPLES OF SUPPLY AND DEMAND DO NOT CHANGE NO MATTER WHAT FINANCIAL INSTRUMENT YOU ARE TRADING. KEEP YOUR EYE ON THIS PAIR FOR POTENTIAL SHORT OPPORTUNITY ! ALWAYS REMEMBER TO IMPLEMENT PROPER RISK/REWARD WITH EACH SETUP YOU ARE CONSIDERING AND KNOW THIS IS JUST ANALYSIS THERE IS NO GUARANTEE AT ANY SETUP IN ANY MARKET. CHEERS!
FX:USOILShort
by JosePips
1