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Crudeoilwti

Crudeoilwti

Crude Oil Elliott Wave Idea Update to a few recent ideas: Oil may still be in wave 4 and beyond the .236 retracement level but heading towards the .382 level at $55,67; there appears to be a channel down also where wave 4 could terminate before the 5th and final wave below $50.

Crude Oil Elliott Wave Idea Update to a few recent ideas: Smaller timeframe > Larger timeframe > Wave 3 could be at, or near an end now with an extended wave 5 (white) of 3 (yellow) hitting 1.414 extension; If wave 3 is over then wave 4 may follow to the .236 level before the 5th and final wave below $50.

Crude Oil D1 Setup Wait For Retest and continue falling Crude Oil D1 Setup Wait For Retest and continue falling we recomend Sell From Selling Zone . we expecting big sell

Short

by UnknownUnicorn487974

Crude Oil Elliott Wave Idea Update to a couple of recent theories: Could be nearing the end of wave 3 now as the 1.618 extension approaches. May see some sideways action for wave 4 followed by the 5th and final bearish wave towards $47-$50

Crude Oil Elliott Wave Idea Update to this idea > Looks like wave 2 (or B) has completed now in the start of either wave 3 or wave C. If wave C of correction then may bounce and a new high from the 57$ level. If wave 3 then the 1.618 extension is at 53$. I prefer the 5 wave impulse move as it fits my larger timeframe view here >

Updated

Crude Oil Elliott Wave Idea Update to these ideas: Possibly in the impulsive waves down now, wave 2 up to 64XX then down for impulse wave 3

Updated

Crude Oil Elliott Wave Idea Slight variation on this smaller timeframe count > Looks like the 5 waves down are complete followed by a rise in price to 0.5 level, before a sell off. Could be wave 2 or B complete which fits with this larger timeframe count >

Crude Oil Elliott Wave Idea Oil might be in a triangle for wave 4 (white), break out downwards might occur if it is wave 4, possibly hitting one of the extensions around 58/59/60, depending where wave E of 4 ends.

Updated

WTI CRUDE OIL volume cluster After nice move down from nice resistance zone what i predicted the last week is nice to see 3 x volume clusters. Where is pretty good point for intraday short trade. 1. Trend down with strong volume cluster is for me good point for short trade. Happy trading Dale

USOIL 1hr Analysis and Hedge Strategy As a part of our strategy we hedged our oil positions. Our target for our hedged position is the yellow zone and we will add to our hedge if it breaks above the orange zone. TVC:USOIL

USOIL Daily Analysis and Strategy with FIBONACCI Levels Crude Oil is at a crucial point with price action reaching the yellow 70.8 Fib level zone which is a major weekly resistance. Here we are looking for a pullback in price action. The prior analysis with the AB=CD harmonic pattern is also still in play as a part of the strategy. TVC:USOIL

Short

USOIL Harmonic Gartley Analysis and Strategy We are currently trading the 4th leg of the Gartley pattern that is forming on the 1 hr chart. We are predicting the Harmonic pattern will be completed and our take profit set at the green zone (63.15). TVC:USOIL

Short

CRUDEOIL TILL NOVEMBER 2019 SUMMA I JUST TRIED DONT TRUST THIS IM JUST LEARNING

Long

Crude Oil Elliott Wave Idea Update on this idea > Oil hit 1:1 extension (measured move) and strong resistance, possibly completing a correction to the fall from $76,88 to $42,40. Could now start the post correction impulse waves. Weekly candle looks like a bearish pin bar and possible bearish divergence on MACD:

USOIL 4 hr Trend Analysis We are targeting the green trend line and looking for price action to break below the yellow support zone for confirmation. The condition to this strategy is that price action does not break above the red resistance zone. TVC:USOIL

Short

Crudeoil Short This is one of my take on oil on the daily, I might upload my 2nd opinion. I will post an intraday opinion soon. If you followed this chart that I posted yesterday, then both your target would have been met by now. Could go down further but for now, I'm out. DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk

Short

Short CrudeOil This is a slight tweak to my short call chart yesterday in the 1 hour view. This is my opinion on oil. There is still a potential for more upside before we go down as stated yesterday, up to you if you want to wait for more upside before shorting. DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk

Short

Updated

Crude oil Short My pattern earlier became invalidated once we broke 64.65. This has the potential to revisit today's low again. DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk

Short

Updated

Short & Buy Crudeoil Intraday From here, I believe we will be going down to 63.37 where buyers may want to come in again. Disclaimer This chart is an opinion based chart only. Please trade at your own risk.

Updated

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.

Short

Crude Oil Elliott Wave Idea Oil hit measured move (1:1 extension); could see a move downwards from here, impulsive or part of a more complex correction

Crude Channel Breakout Ready for 60.50 Crude has broke the important channel and formed candle stick pattern for trend reversal. Expecting Target of 60.50 for this upcoming Week

Short

by NileshChavan

USOIL Harmonic AB=CD Analysis and Strategy We see the completion of an ab=cd pattern on the 1 hr chart for Crude oil. The completion of the ab=cd pattern signaled us to sell the pair and price action has already started moving towards our target.

Short

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