CRUDE OIL "3 Heads Monster"Could this 3 Heads & Shoulders come to live ? Built in "Close Price Line Chart" (Candle = Same formation) Small (black) H&S Target @ 59.34 Medium (orange) H&S Target @ 44.32 Large (blue) H&S Target @ 10.29Shortby MyMainBox369Updated 335
Falling wedge Breakout in CRUDE?Crudeoil Update (4-Hour Timeframe) Pattern Formation: Falling Wedge, typically suggesting a potential breakout to the upside. Current Setup: Crudeoil has taken support at the 5900 level and is now trending upward within the wedge. Entry Above: 6025 Target 1: 6100 Target 2: 6220 Target 3: 6380 StLongby Shalvisharma5Updated 2212
MCL Long 11/5/2024MCL is in an uptrend. Placed a long position in confluence HV DZ (the upper zone). Waited for price to break previous high. Risk=$220. Target= 1:1 and 3:1.Longby SethuratnaAnbuvinothUpdated 2
MCL Short 11/6/2024MCL is in an uptrend. But price made a LH DT. CL inventories report is bearish with high supply. Placed a short position in HV SZ. Taking half risk because it is a countertrend trade. Risk= $125. Target= 1:1 and gap fill.Shortby SethuratnaAnbuvinothUpdated 2
CL longI see a possible long so taking it. h&n after sweeping NY pm session low. Am assuming 80% chance to hit target. Don't take this trade I am testing theory lolLongby FTTGODUpdated 2
MCL Long 10/30/2024MCL is in a SW + uptrend because price closed above 4hr MA. Taking a long position in DZ below MA. Taking half risk because zone has been tested. Chances of less unfilled orders. We have 2 zones overlapping. I chose the lower one because of SW trend. Risk= $90. Target= 1:1 and 3:1. Longby SethuratnaAnbuvinothUpdated 4
Crude Oil Smoked Again. Will the downtrend continue?Hey, guys. Noticed this evening Crude Oil is down yet again. In this video, taking a look at the technicals and whether this downtrend will continue or not. Oil is in a little bit of a confusing spot, but there is certainly good reason to think the weakness will continue. Hope this video will give yEditors' picksShort08:22by redykhouse4444
Crude oil falls as geopolitical fears move to the back burner Crude Oil closed lower overnight at $67.38 (-6.17%), erasing all and more of the previous week's rally following Israel's restrained weekend response to Iran's October 1st attack. With geopolitical concerns on the back burner for now, this week's data-rich US calendar will provide more insights inShortby IG_com1
Oil looking for 71.86$oil now above demand zone (67.19 -68.38) and there is Bullish Divergence if it's still above these levels and if price action appears it will be good long trade to reach 71.86 / 77.74 / 80.18 / 84.48 / 87.59. Good Luck Longby Ahmedragab113