Get started

Oil(wti)

BRENT OIL FUTURES: Be Prepared For Breakout long period of contraction on brent oil. with a sequence of lower highs and long term bearish trend, the chances are high that market participants are preparing for the next wave to the downside. pay attention to the underlined horizontal support and sell its bearish breakout! what is the target? I don't know! No structure on the left! Let's see together :) p.s trading triangles, a preferable stop is above the last lower high! please, support the idea with like! thank you!
RUS:BR1!Short
by VasilyTrader
11
oil, cl, day trading for Mar 25th 20202Oil has been moving all over the place but has come right back to yesterdays trade range, So a balance inside a bigger balance. I will be looking for the first balance break (red zone) and then watch at the big balance area from a few days back for rejection or a confirmation of bigger picture direction. Oil can remain in a small choppy range for some time but I think will have a big break out or down when it comes out of this balance. Will be selective on my trades in this product right now.
TVC:USOIL
by alleytrader
cl, oil, day trading for Mar 23rd 2020Today we are again digesting some extraordinary moves and need to look at what is really happening. I am watching 20.50 as a very important lower level . I am not looking at targets today but more observation of what the activity of the day will be, the range is massive and there is plenty of room inside the range to have large trades so as long as inside this range no targets. Everything has been very sold and a technical bounce could happen at any time
TVC:USOIL
by alleytrader
WTI Oil: Rising Wedge towards 24.40.The bounce on yesterday's 20.00 low has been met with strong buying towards the end of the session, making a bottom sequence and today the price appears to be consolidating. This resembles the Rising Wedge of the previous sharp sell-off sequence on March 9th. After making Higher Lows, the pattern topped slightly above the first High. With 1H technicals largely mixed (RSI = 41.112, ADX = 21.510, MACD = -0.760), we are expecting this to make Higher Low and bounce towards a 24.40 top. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TVC:USOILLong
by InvestingScope
CLM0 3 Day Chart: Long-term Buy Oil opened the week with a massive gap of more than 30%; a clear selling climax move. At this point, most of the selling was absorbed by institutionals and I do not see the selling continuing for much lower. Oil has already regained 20% since the low was printed early in the morning hours. A great opportunity for long-term buy entries. Mind the risk though - have at least a $6k risk buffer per contract here. Depending on the exclusion of the "lower for longer" approach here by the oil giants, we could see a mean-reversion to the $50 area rather quickly - by H2 2020. Around $50, a decent profit of under $20k per contract expected.
NYMEX:CLM2020Long
by Zoen_Trieste
cl, oil, day trading for Mar 13th 2020Today we are in a very big consolidation, and inside that have to be thinking back and forth so as oil moves up to red zone and or the first blue target I will be looking to short oil, this can be a day trade or a longer time hold, however much over first upper blue target the bear maybe dead and oil could take off so play safe if a swing trade. and always when a day trade. Also in the event a move down to red bottom will attempt a scalp back to red high.
TVC:USOIL
by alleytrader