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Wtishort

WTI Short / Time for a bear pullback?Hey all and happy Monday! WTI has given us plenty of trades over the last week since it entered is range, we made money selling and buying... but we think there could be a bigger bear move soon, hence we are short. Even tough we might have a bullish continuation on WTI's 1D chart, we see good signs of a bearish pullback, which is just enough for us to make a decent profit and turn this Monday into a Moneyday! The reasons for selling are all listed in the charts, keep in mind they come from our system, see our signature for more information. I wish you luck, but at the same time I want to remind you that you make your own luck in trading!
TVC:UKOILShort
by PrimedGroup
Crude oil market under a defensive toneAfter reaching the 49$ handle last week on a positive note, the oil market bulls have encountered some pitfalls close to Christmas; investors' attention has moved towards inventory unexpected buildup and virus concern rising on the European zone. Today recording the 3rd red session and finally breaking the ascending trendline, the price has found support at the 46$ handle. With MACD under bearish bias and classic negative correlation with the USD, which is on a positive note, the energy market outlook is not encouraging. -- *** If you like the idea, please don't be shy and click on the like button; also, comments are very welcome. | Thanks for your support!!! ***
FX_IDC:USDWTIShort
by OGFXTRADER
Us crude Oil ( WTIUSD) ANALYSIS 27 OCT 2020Hi Assalam-o-Alaikum , Dear GooD Afternoon Hope you are well and enjoing your trading , i'm here with my new analysis of WTIUSD US Crude Oil (WTIUSD ) Current price is 3921.7 Current Resistence level is 3927.4 Current Support level is 3843.3 If Market Breaksout the Resistence level and Close on above this level we can enter in Buy Trade as Case 1 in Chart , Alternatively if Market Breaksout the Support level we can enter in sell here as case 2 in Chart I hope my analysis will help you in your trading best of luck share your point of view about WTIUSD in comments , Thanks
FOREXCOM:USOIL
by RANANADEEMFX
Are we looking at the biggest crash in the market??Based on my analysis I believe we are approaching another crash in the market, probably the biggest one yet.. NASDAQ is rising on hopes and dreams, FED are pumping money into it left right and center, and it has reached a new high. There is a considerable amount of divergence on EVERY time frame and yet price has barely gone down. Dow Jones is approaching its previous highest high where it took a tumble SP500 is also doing the same as DOW And now OIL is reaching a point in the market where it previously crashed I suspect Nasdaq will flutter around and consolidate until DJ30 / US500 and Crude OIL catch up and then everything will crumble at the same time. I may be wrong but these are my thoughts on this madness
TVC:USOILShort
by FXKing009
1
WTI H4 SHORT PRICE ACTION FORECAST -UPDATE-The intraday charts show that price has found support on the golden level, with an intense seller pressure the WTI remains under the bears' domain. If price action can break the current support, it will have a clear path to test back the 34$ handle. Entry after confirmation of a retest of the broken support would be taken, with the following short trade The order: Type: buy-limit S/L: 118 pips - R:R | 1:2 - T/P: aiming towards the support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
FX_IDC:USDWTIShort
by OGFXTRADER