Oil update (read below)Now oil reach the target in selling .
WHAT NEXT !!!!
I believe some pullback tomorrow to 90.5
Then more down ahead
GOOD LUCK
Oilprice
UKOIL LongEntry at 93.5
Sl at 90.5
Tp1 at 96.5, Tp2 at 99.5, Tp3 at 102.5
Remember, risk only 1-2% of your account!
Oil update Yesterday oil tried to pass the 93 $ but failed .
In mean time formed a double top pattern .
Not to mention we already failed to pass the Fib level 0.62 and cracked the uptrend and back test it yesterday .
Going down to 88 is normal
GOOD LUCK
Oil update Oil respecting the upward channel and failed in broke it .
Now down side already confirmed and tomorrow we may see it starting
Some wasting time today , but yes that trading some days are nothing to do .
GOOD LUCK
Oil daily trade Oil is bearish today , this week , this hours
DAILY TARGET SHOWS IN BLACK
Iam a seller with target 85 $ initially
I think today it touched 91.4
But still in my view thats the biggening of down wave
GOOD LUCK
Higher prices on gasoline? oil and gold technical analysisAre we going to have higher oil prices? lets see what the charts are telling us , and also technical analysis for the price of gold.
WTICOUSD Daily Bullish BlockSo the indicator created, which is in Beta, essentially detects trading blocks that act as areas of buying or selling with considerable amounts of accumulated volume .
Daily Bullish Block looks to be in play heading into next week. Suffice to say I will confirm the completion of block on Monday and trade accordingly.
Oil update Oil stopped pulling near monthly support area 92.67$
Yesterday i sold 92.37 $ what to expect this month
Will dollar effect yesterday was huge and un expectable.
I think bull back to 90-89 is more than normal .
Next session in Monday ill take profit
In my opinion we can go to 100 if we break th 93 area further if we break 84 we will go to 73 area
GOOD LUCK
Oil update I sold today in red line (92.3-89.7 -90 )
Price is 91.2 (aproximetly in middle ) i can close if i need
But but , the target is 85 now
Lets see hoe its play
GOOD LUCK
A BRIEF PULL BACK B4 THE NEXT MASSIVE BULLISHOil has been recently on up trend with all the Hh's but currently a pull back is eminent, its a retest that will usher in the next bullish momentum taking the PRICE to $93 and above price target
Oil update Yesterday we sell and bought oil in good profit i believe 3$
Now i closed my position in buying and ill sell to 87.5$ where i will buy again
I will sell the red line and buy the purple line when we het the target in selling
False candle - bearish day
GOOD LUCK
Oil update Yesterday was no movement just volatility
I believe today down side movement
My target is 86 still like before
I dont care about inventory , i think the FED was aggressive yesterday and will effect the market
GOOD LUCK
WHAT AFTER THE DOUBLE DIP and OPEC? This graph is a representation of my point of you of the futures market (USD).
Oil update We sold yesterday and reached our target
No its blow up again , to area where ill sell
My target below 86 $
Now oil is absolutely different than the rest commodity
That way the medium term target cant be predictable
(Always take profit alone the way )
80$ is the last of correction wave
GOOD LUCK
Oil update I think the red line is a good for sell
Blue lines to take profit
We done buying successfully
GOOD LUCK
Oil update Oil is going up to our target
Yesterday was trying to manipulate us , which is normal in trading
Ill be taking profit at blue line then ill be a seller maybe ill update
GOOD LUCK
Oil update Continuation in buying for me is great opportunity here
Upside movement today may start with European market open
I think no more down from here
(Not financial advise)
GOOD LUCK
Oil update (daily trade) Oil is a good buy to me at this level
In red lines ill take my profit
Its showing som strength
GOOD LUCK
Oil weekly update Oil is still forming head and shoulders pattern
Expecting an down movement on FED Meeting on Monday
How the movement can be ?
In my view , looking to test 89 -90 is still possible so ill be a buyer in opening
But after it hit a 89$ ill take profit
For all week i think down side to 86-85 is possible
GOOD LUCK
Oil update Boring day , day no movement , i think now 87 area down
Then we go to 89 area maybe not today if the momentum keep the same .
GOOD LUCK
13000+ PIPS DROP (BAD NEWS FOR OIL OPEC MEMBER STATES)The price of crude is pose to shock oil producing countries despite the recent supply cut to the global market,
PRICE is currently stalling at $84 per barrel (minor zone) ,a break of this zone which is eminent will see the drop in price to $70 per barrel of crude
GOLD SETTING UP FOR A DROP OF ABOUT 8000+Gold has been on overall fall and seems to continue as a touch at the .618 & .50 FIB region will trigger the sells momentum and most importantly rewarding SWING TRADERS with over 8000 Pips of the next couple of trading days depending on the volatility in the market + other fundamentals to trigger this technical play out.bring the price to $1620 per Ounce.
PATIENCE IS NEEDED TO ALLOW THE CONFIRMATION OF THE PLAY OUT!
