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WTI1! trade ideas

Huge Win On Crude OilTrendCloud gave us a huge win on the Micro Crude Oil this week. 4 hour trend is up 1 hour trend is up Momentum was also up on both timeframes creating the perfect storm. TrendCloud Signals on the 5 minute chart were sent directly to our phones and alerted us to the trade. Multiple winners on Crude Oil all through the week. If you want the exact trade plan that we use in the live trading room then just click the link in my profile. Chris Juliano TrendCloud Trading
NYMEX:MCLH2024Long
by thechrisjuliano
a daily price action after hour update - wti crude oilGood evening and i hope you are well. Here is a quote from my substack on Monday about oil: "Most interesting market today. I do believe its a breakout of the bear channel, beginning 2023-09, if bulls can generate follow through tomorrow/Wednesday. The trend line on higher time frames is more of an area than a narrow line with exact prices. But we are there and had a strong bull day. This could be leg 2 of a 3 legged move and a measured move target could bring us to around 80 again. That would certainly make a whole lot of bears cover and fuel the rally probably further. I’d be very cautious with shorts here and look for strength. short term: sideways to up" Being prepared pays. Daily close above 75 and market is accelerating. 80 is my next target but i don’t think we get there without a pullback first. PB could be deep to the lower bull wedge around 75.5 but if we get there, the odds that it holds are excellent. short term: very short term, sideways to down but ultimately bullish for target 80. from there i wait for market to show new impulse. medium-long term: up trade of the day: that 1h 20ema held since Wednesday before us open. look for longs.
NYMEX:MCL1!Long
by priceactiontds
Gold Silver Dxy Tesla Oil1.24.24 The price action of the dxy is making it tough to trade the metals. I explain this with some detail in the video. Even though that is true you'll see that there's more volatility with a silver because it's $5,000 a point and it's pattern behavior can you yell the profitable scalp. This is not true for the gold where you could make some money but it's much more difficult to trade. I think most people who trade these markets would tell you that silver is more difficult to trade for various reasons. Tesla is trading in a range box with the market trading with lower highs to its current support area.... this is a disappointing time to be in a market like this when you bought it at such a good price not too long ago.... and the market actually made good reversal patterns of both directions but now it's trading to a range box that is contracted comparing its current pattern after it's had very good moves lower and higher and now it's settling into a contracted range.... and arrange is a range as long as it's ranging::: who knows how long it's going to do this... and whether it will break higher or lower? There is not enough volatility in oil for me to trade the market.... but I'm sure this will change and I'll know what it looks like when it happens... and so I will wait. I will try to post a video when I see an opportunity.... as a buyer or a seller.
NYMEX:CL1!
by ScottBogatin
OIL FUTURES Stock Chart Fibonacci Analysis 012224Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 74/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYMEX:CL1!
by fibonacci6180
Light Crde Oil ( CL1!, US Oil ).... BULLISHAs I mentioned in the Weekly Outlook video, I expected the fair value gap + the bullish breaker block to hold price, and provide support for a potential rally. It chopped since Tuesday, but we've seen the bulls come in and slowly start to move price higher. I expect that price will continue that move today. I am looking for price to pullback a bit, after taking the yesterday's high. I should pullback halfway into Thur's candle, and push higher towards the highlighted draw on LQ (red line). If it doesn't happen today, then I look towards the beginning of next week for it to play out. May profits be upon you.
NYMEX:CL1!Long
by RT_Money
Spot Bullish and Bearish Divergence PatternsHow to trade with Divergence? A condition where the price candles’ tops or bottoms point in a different direction from the corresponding tops or bottoms of the oscillator's signal line is called a divergence. Such divergence can be bullish or bearish. In simple words, the price movement is opposite to the stochRSI, Price lower lows, stochRSI higher lows = bullish divergence>go buy Price higher highs, stochRSI lower highs = bearish divergence>go sell
NYMEX:CL1!
by TraderAsist