HARVEST TIME: WHAT YOU SHOULD KNOW ABOUT OIL!We all make mistakes, but investing your money in this crap right now will be the biggest joke ever.
If you're having the deep dreams of becoming the biggest clown around, at least get paid for it.
If you already put both of your feet in this boat, call your doctor on Zoom & ask for some treatment..
Peace!
Petrol
USOIL / WTI Short selling idea Short selling idea
Short levels : 19.00 - 18.50
TP1 : 13.50
TP2 : 9.50
SL : 20.95
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on own your vision .
To protect the capital and manage your deals and trading successfully
the maximum loss in each trade for the same pair or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
Commodities See Quiet Asian Session with Crude Futures up +0.1%Headlines:
• Woodside Petroleum Maintains its Grasp of its Senegal Oil Field Stake After Arbitration Tribunal
• Asian equities finish the Week Higher with ASX200 Leading Asia Up +1.5% for the Week
• Commodities See Quiet Asian Session with Crude Futures up +0.1% & Gold Flat
How BRENT will move?-Re-published due to bar loading problem-
BCO seems to continue its distribution process with a slow uptrend channel . It will continue is journey within the marked triangle till the end of the year. I think that beginning from the first week of the new year the relative tranquility will be disturbed with a sharp move upwards and the market will begin its rally towards unforeseen highs
How BRENT will move?BCO seems to continue its distribution process with a slow uptrend channel. It will continue is journey within the marked triangle till the end of the year. I think that beginning from the first week of the new year the relative tranquility will be disturbed with a sharp move upwards and the market will begin its rally towards unforeseen highs
WTI / USOIL We can get a long buy tradeWe can get a long buy trade
from recent levels 58.30 - 57.80
TP : 60.44
SL : 56.00
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
US OIL / WTI 4H short idea we can short (sell) us oil from two levels
1 . short when breakdown at 62.35
2.short whet rise up to 64.50 - 64.90
stop lose same to first target
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
WTI / USOIL short idea SHORT levels are 64.00 - 63.75
targets are
TP1 : 62.00
TP2 : 60.75
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck
SASOL 1-HOUR TIMEFRAME NEUTRALThe stock price for SASOL is moving in an ascending channel, and my natural bias would be for a short position. However, it is always best to wait for price to show its hand before making any bets or predictions. It is still possible for prices to continue up as the general trend has been bullish.
USOIL / WTI 4H technical reviewthe price move inside upward channel while make correction of main downward trend
which started from 76.90 ( 03.10.2018 ) . so may is will be continue till 60.25 - 61.75 - 63.50 .
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >
Hindustan Petrol oil NSE stock buy opportunities at demand levelHindustan Petrol oil related NSE stock buy opportunities with new weekly demand level created around 233, following suit what Brent Oil and Light Crude Oil are doing, all three reacting to monthly demand levels.
There is a clear long bias with a very strong reaction from a monthly demand imbalance around, a very strong monthly pin candle has been created four months ago. That reaction has created a new weekly demand level around 175. No shorts are allowed in this oil related Indian NSE Stock, Hindustan Petrol HINDPETRO has a clear long bias now. This analysis is similar to Indian Oil Corp IOC supply and demand analysis with similar demand levels being created
Very strong weekly supply level created, no reasons to go short. We don’t need any kind of lagging o non lagging indicators, no earnings, just pure supply imbalances in order to plan a trade.
Crude: Long first, then SHORT !The slowdown in the world economy, especially the Chinese one, which is the country with the highest demand for fossil fuels, will have a negative impact on stockpiles, dropping the price considerably.
Institutional investors, and not, have started to bet downwards on both WTI and BRENT and it is very likely that this rebound is due to profit taking only. Moreover, to weigh on this scenario there is the choice of the United States to increase the extraction, compromising this sort of very unstable equilibrium that are trying to create the OPEC countries on a production reduction pact that seems to be compromised. Summing up, in the medium term we expect another descent with a target of $ 40.
In the very short term, however, the situation is different: at the technical level it has broken the dynamic resistance identified by the EMA20 daily and is aiming the next, most important, EMA200, placed about 5 dollars above the ema20.
In the very short / short period, we expect to reach the $ 60 area.