Short term long on OilCautiously can buy AFTER the break out and be careful about the Wednesday "Crude Oil Inventories" news
Xtiusd
Short term Short US OilOil is in a nice place to go short with a very tight stop loss.
Expecting at least to test the low, then a possible 3 wave correction for more down.
XTIUSDTrading 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 basic version of the system on Trading view to help traders visualize the strategy.
XTIUSD
To open SHORT positions for XTIUSD , it is required:
In this situation our system indicators to confirm trade entry confirmation for movement to the downside but if the market trend continues to range this signal will become invalid and we can see this pair climb to new highs. Market execution for entry, I will confirm signal once the conditions have been met.
Risk Description: Once signal is confirmed we will basket trade into the position on H1 and minimum 300 pips will be up for grab with small risk SL at swing high. Target 500 pips
Profit expectations: 1-4 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Oil LongWith OPEC and Russia discussing the supply cut extension from March 2018 to end of 2018 (but realistically, they might agree to June 2018 instead), there's higher probability that it will rise to 60-65 soon before going bearish again especially once tax legislation issue in the US is dealt with. Setting up buy stop order with TP @60 and tight SL between S1 and base pivot lines.
www.reuters.com
oilprice.com
Daily:
Weekly:
Confidence: A
USOIL Buy on Triangle breakout In daily Candle USOIL LOOK Like going to downside
but in 4 hour it create continue pattern ( triangle )
if break this triangle this going to up ,,
stop loss below 51.60 buy at traingle breakout and tp is 54
Trade with care and happy trading
Good luck
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AB=CD EXT X2 WTI Top of the Channel OppurtunityStrictly Technical WTI AB=CD Channel In Play //
STOCH SIGNAL // Bearish Strart M30/H1/H4 // Overbought conditions
GMACD // Trend/Down Strong M15/M30/H1/H4/
Still in Uptrend Channel
Weak uptrend for WTI as we complete this AB=CD bearish retracement on H4.
Looking to short crude @ EP 49.75 TP 48.35 SL 50.26
Last supply level before oil will go to 53Important supply level visible on 4h. If there are still willing sellers up to 51.50, then oil will drop, but path of least resistance leads north. No pockets of supply there.
XTIUSD/US OILOil . oh my Oil plz dont grow up so quick . what a long tail . so can you plz back to 51.5 . I gonna buy you @ 51.5 so i can look forward to 56.5 (abt 10% growth). My SL would be 49.7 if you hit my SL i wil short you for sure .
