Xtiusd
My wife's sisters leaky tapMy wife said i should spend less time around her sisters ( ive told her this leaky tap is a bugger to fix.. its been dripping for 2 months now and i still cant fix it ) ;p
Anyway enough about my marriage issues and lets take a look at oil... After a couple of days of bearish movement from market open this week price finally went into some consolidation today finding support at 56.00 area where the bulls took over pushing price higher.
Now the next area of interest and possible resistance would be where price meets our trend line, a bounce off this level will produce more bearish movement whereas a break of this level could see price push much higher.
So this is not a signal but something to keep your eye on and action your own trade.
Anyway im off round the wife's mothers now, apparently theirs something wrong with her boiler... i will keep you updated.
My wife's sisters leaky tapMy wife said i should spend less time around her sisters ( ive told her this leaky tap is a bugger to fix.. its been dripping for 2 months now and i still cant fix it ) ;p
Anyway enough about my marriage issues and lets take a look at oil... After a couple of days of bearish movement from market open this week price finally went into some consolidation today finding support at 56.00 area where the bulls took over pushing price higher.
Now the next area of interest and possible resistance would be where price meets our trend line, a bounce off this level will produce more bearish movement whereas a break of this level could see price push much higher.
So this is not a signal but something to keep your eye on and action your own trade.
Anyway im off round the wife's mothers now, apparently theirs something wrong with her boiler... i will keep you updated.
Overall view on XTIUSD or crude oil - Update of June 24th weekThe multiple failed breakouts on the support zone drove prices up to new highs. We are now close to a strong institutional level @60.000, while odds of a bull continuation remain high.
Possible targets: @60.000 (+2000pips or 2.00$ per barrel) and @63.000 (+5000pips or 5.00$ per barrel).
Advice: Stay bullish and buy at any low point while we don't break the @56.000 bottom level.
Overall view on XTIUSD or crude oilAfter multiple attempts of breaking the support zone, oil soared as a result of the current political and economical tensions. A debut of a bull run is noticeable and the odds of a continuation are high.
Possible targets: @59.000 (+2000pips or 2$ per unit) and @63.000 (+6000pips or 6$ per unit).
Advice: Stay bullish and buy at any low point while we don't break the @54.000 bottom level.
WTI Crude Oil May 29, 2019Are you ready for the next downward movement?
It seems like crude oil is being pushed to the downside.
WTI Crude Oil May 22, 2019According to the technical and fundamental analysis it's time to sell WTI.
What do you think about it?
FREE OIL TRADE.Oil has broke 2 key support levels today and shows no sign of slowing down, we are on a slight pullback at the moment and price has already touched our resistance level ( purple line ) we can see a retest of this level again before price makes further bearish movement and hits our next key level that has been used as previous strong resistance.
You can enter this trade now and place your SL just above our resistance level or you can wait for a retest... it all depends what type of trader you are as we might not get a re test and might just sink again.
Once price reaches our target zone we will re evaluate the markets to see if we will be adding short positions or exiting the markets.
Correction can start from herePlease check the link below, this is follow up of the same idea
I sold at 58.58 SL: BE TP: 50
USOIL - XTIUSD - Short OpportunityUSOIL is unable to push higher up. It has a weak foundation as support and we can expect it to drop further down below to find a good support before continuing its long term bullish trend, if still strong.
Leave your SL above the last high for enough space to move before the breakdown below.
WTI Crude Oil OPEC next meeting at 6th of December, Production cut is on the table + possible correction, target 1. 52.00 target 2. 54.00 target 3. 56.00
RSI 100 downtrend 50 EMA crossed over 600 EMA and is in very fine falling position. Price pulled back to Tenkan line and will keep dropping.
Trade trends after 50 EMA (it has to be in declining or rising position). Enter trades upon pullbacks to Ichimoku´s Tenkan line. Trend ends when you will observe divergence in long term RSI (70-100) - when RSI unlike price will fail to make new high.
US OIL coming up to the other Pressure zoneTVC:USOIL
as the chart say . the coming Pressure zone is SO important for our "long position "
before the next EIA DATA we will check this out for profit or close for stop loss !
looink up to our target @ 70 first stage !!
good lucky
long term chart Hi, guys that is daily chart very good analysis for 2018-19 years , showing support and resistance , buy at support and sell at resistance
USOIL Off the strengthXTIUSD
SELL SIGNAL
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy.
