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Crudeoilshort

Short oil Oil has now reached the 0.618 fibonacci line although it has gone past it slightly, which is ok. In my opinion, it hasn't reached a resistance line yet which means this has the potential for more further upside around 67-68 but of course it could just go down from here. Oil can go straight down from here to 60.70 before going back up to 63.22 and then another down to 58.04. This is of course just my humble opinion which could be wrong, so please trade safely at your own risk. Disclaimer This chart is published as an opinion based chart only.
FX:USOILShort
by Quinkong
High Probability Intraday Trade Setup for Crude Oil FuturesThe following are trades setup ideas in 15 mins chart for Crude Oil Futures . There are 2 distinctive dotted lines labelled as 1. AI's Intraday Resistance line 2. AI's Intraday Support line If price action was below the AI Intraday support line AND price closed below Pivot Point S1 line, the idea is to short and take profit at Pivot Point S3 price region. Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow. While it is optional, it is a good practice, in general, to trade this product during the US Future Market Session when there are higher volume and liquidity.
NYMEX:CL2!Short
by WolfeDayRocker