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WTI (Crude Oil)

OIl cleanest pattern-dropOil have , in my opinion , the cleanest form of reversal patterns, and its playng out ! We have ascending wihtin ascedning (double confirmation, stronger probability for drop ) This is definitely on my Watchlist for next week.... First target on bottom trend line , then scale-in and trail stops all the way to low where ascending started.... Even if 1$ per barrel drops, you could bank nice profits on 15 min entrys (flag continuations or something )
OANDA:WTICOUSDShort
by IvanKumburovic
2
West Texas Oil - Bullish Trend Continues.....After a long accumulation range that end last quarter of 2018 , we saw a breakout with the price reaching the mid seventies. This was our first indication that a trend is about to begin. The price then pulled back into the buy zone(75-87.5 fibs) and produced a buy pivot. Good stopping volume came into halt the price as it move back to the center of the accumulation range. In Wyckoff terms this is - "Jumping across the creek" and a "Back to the creek". We should see price move higher, back above the mid seventies.
OANDA:WTICOUSDLong
by TRADER-RI
WTI Road Map The last analysis gave us a practically perfect target with big profits and a life saver for an early mistake. Now we have enough information to create a guide map for the following months. The way in which the price interacts with the "Key Zone" will be essential to maintain the validity of this analysis. If so, we could be touching at the beginning of March the cluster of 60. We must keep an eye on the news and geopolitical movements that may influence the development of this analysis. Best wishes to all.
OANDA:WTICOUSD
by normstock
WTI Oil topped and retraced from support, should shortTVC:USOIL Shorting oil with take-profit target of 50.348 and a stop loss of 52.938. According to the daily chart, oil topped and retraced from R1 resistance in classical pivot points, it hasn't been able to close above this resistance and a major candlestick suggests that, for the short term, oil won't surpass R1. MACD is algo turning bearish, its histogram is approaching to negative value and according to CCI, it's in oversold levels. The price also topped support made by Donchian channels, giving another reason for shorting oil. In the long term, OIl should increase, since Saudi Arabia, other OPEC nations and Russia already started to cut production since the start of the year, so expect this reversal to happen only for the short term
OANDA:WTICOUSDShort
by francisc11219