Get started

Oil(wti)

WTI US crude oil. Buy. Divergence. Gap fill?Here we can see a nice divergence of lower prices with a rising RSI and MACDH divergence on the hourly. Nice Doji reversal candle to. Analysis of the WTI charts shows big volume on this candle to. Is this a double bottom? Will we see a big pump up to the neckline? Resistance box to get through first. As always I'll be taking profits as we hit that and buying pullbacks again on the 5 min (or 1 min depending on momentum) charts.
OLong
by breakoutfakeout
1
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