Oilprice
UK OIL PRICE ACTION ANALYSIS & FORECASTHere as you can state we can tell that there is a very high respect toward the trend lines and that would help us to predict the next market movement
Please share with me your thoughts,
Regards.
the matrix was the door wayI understand to be able to trade like the best you must literally think like the best and if you have to, try to remember how they would have gone about utilizing the skills we learn to better advance their own trading skills. thus some people hold trades longer cause they know more. so just act like those people and ask a few questions here and there. but overall. the potential results is if they done because of the way they did it and then so can you. it's a bit like neo in the matrix. my sense of thinking is thinking like the ones and potential opportunities of the ones will present themselves. you're a newbie. think like you and you will always be a newbie. and sometimes want to run back to the matrix cause it's better for your taste bud. well while I say let's wrestle
oilusd at maximum will fall up to 20 USD till end of the year Oil form perfect arc and is at his maximum with potential fall back to 20 USD till end of the year
US Oil buy set-upUS Oil is ending today's trading session with a strong bullish candle. I expect uptrend to continue. So, keep buying the dips and enjoy the bullish ride.
Oil fall by 6%Firstly, please support our work by clicking like button & or following! These really assist us to reach more investors & traders like you!
Prices weakened amidst declining demand. Prices are holding for dear life below the monthly support line.
Ascending triangle implying a breakout of UKOIL Hi Traders
Ascending triangle on UKOIL on the daily implies a breakout to the top. But fundamentals are might not backing it so the risk of a fake breakout is very relevant. I will make it dependend on the strength of the breakout candle wether I will enter a trade or not.
Inter-commodity Spread (Dec20 +RB -CL)Looks like a good opportunity is coming up on this one. Fading the Dec20 RB(buy) CL(sell) Combo IC spread by selling into strength seems reasonable.
WTI/USD : Buy on Breakout Confirmation Looking Potential Movement Buy on Breakout confirmation.
ThanKyOu
Divergence in Brent Price and RSI indicator?Are we seeing clear divergence between the price of Brent and the 14-day RSI over last couple of months? Check out my video and let me know what you think?
With the recent double-top, I'm thinking there's got to be a strong case for a Sell position here...
SELL USOIL SHORT-TERM TRADE 15MINI expect that the price of USOIL will go down , so this is a great Oppotunity to open a Sell Position for traders whor trade short-term
I HOPE THIS ANALYSIS BE FAILDHI EVERYONE
i live in iran and our economy based on oil so if the price goes up we will be happy :) but the price is on 61.8 fibo lvl and WE SEE tenken and kijen sen cross so this is possible that price goes down until about 12 $
Crude oil, drop on OPEC meeting?Opec meeting is coming. OPEC countries are expected to increase the oil supply in the hope of the demand is getting better. We might see drop in oil price to $35.
US Oil Looks Weak and Topped OutTook a short here on US Oil. Decent R:R and at a local top on HTF's (higher time frames) and pushing into a wedge.
About me:
I keep trading as simple as possible. Will not give my method but will give you entries.
Don't get greedy. Take profits quick when in green.
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US OIL - SHORTFrom the top of the drop down, Price has just done a 61.8 Fib retracement and i expect a retracement back to at least $25 in order to create some sort of higher high before continuing upward as the recent move has been very much over bought without a major pullback. On the MACD we have a bearish divergence indicating that the buyers are losing steam and pulling out profits. Further confirmation will come once our counter trend line gets broken we will look to enter more shorts after the retest. If price gets back above the 61.8 and creates a new high this setup will be invalidated.
