Wtioil
USOIL DI find USOIL interesting but I WILL STAY AWAY FROM IT.
We have reached an area of resistance, both horizontal resistance and trendline and it has formed an inverted hammer, meaning the higher prices have been rejected. MACD continues to lose strength what makes more of a valid point to short it with a profit target of around 54.5.
Now, if we look at 4H we can see how the price is contracting near the resistance area and after a strong bearish move a couple days ago the price is not breaking the lows an it is just consolidating. That could be a case for a breakout to the upside
This is also supported by 50 and 200 MA on 2H chart
For all these reasons I will stay away but I wont blame anyone who trades USOIL
Crude Oil Intraday Trade Setup. 04/07/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need more like for my effort.
For Tomorrow Intraday View and Targets i want 10+ Likes.
Intraday Trade View:-
My View Short in Morning Session.
Targets:-
Short Targets
56.46
55.97
55.47
Long Targets
57.25
57.35
57.55
57.65
57.85
Hurry Like and Support Me.
WTI Crude Oil Daily analysis report02-JUL TVC:USOIL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Rising section of high profit & low risk
S&D strength Trend: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations.
Today's S&D strength Flow: Supply-Demand strength has changed from a weak selling flow to a strengthening selling flow again.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.8% (HIGH) ~ -1.7% (LOW), -0.3% (CLOSE)
%AVG in case of rising: 1.9% (HIGH) ~ -0.7% (LOW), 1.4% (CLOSE)
%AVG in case of falling: 0.9% (HIGH) ~ -2.0% (LOW), -0.9% (CLOSE)
Daily WTI Crude Oil prediction trend by supply-demand strength01-Jul
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Rising section of high profit & low risk
S&D strength Trend: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations.
Today's S&D strength Flow: Supply-Demand strength has changed from a weak selling flow to a strengthening selling flow again.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 1.8% (HIGH) ~ -0.8% (LOW), 0.4% (CLOSE)
%AVG in case of rising: 1.9% (HIGH) ~ -0.7% (LOW), 1.4% (CLOSE)
%AVG in case of falling: 0.9% (HIGH) ~ -1.9% (LOW), -0.8% (CLOSE)
WTI Oil: Buy opportunity on multiple bull signals.WTI is currently pulling back despite marginally breaking 60.00 today but so far remains within the bullish bands of two distinct 4H/ 1D Channel Up patterns (RSI = 52.907 and 57.679 respectively). 56.90 - 57.35 is the current Support Zone and last Friday's Golden Cross comes to amplify the bullish bias. We are long aiming at the 63.80 1W Resistance.
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Crude Oil Intraday Trade Setup. 28/06/19Hi Trader,
I have share Crude Oil Intraday Trade Level.
Take Profit - 15 - 100++ Pips
Stop Loss - As per your risk profile.
I need more like for my effort.
For Monday Intraday View and Targets i want 10+ Likes.
Intraday Trade View:-
My View Short in Morning Session.
if rejection happen in 59.10$ - 59.20$ zone means short confirmed as per my view.
Targets:-
Short Targets
58.85$
58.74$
58.54$
58.04$
57.54$
Long Targets
59.35$
59.45$
59.66$
59.76$
59.96$
Hurry Like and Support Me.