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 y
Contract highlights
WEEKLY FORECAST OCT 26th: SELL US & UK CRUDE OIL In this video, we will analyze the CRUDE OIL markets in the US and UK, looking through the lens of ICT Concepts.
Price has traded up into a bearish FVG, so therefore I am BEARISH. Price can turn neutral in this geopolitical environment, but maybe the inside bar will act as a harbinger of bearish th
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
Bullish Crude Oil Trade IdeaLooking for crude oil to trend higher as supply stays tight and demand remains steady. Targeting a move up to key resistance, with stops below recent support to manage risk
Bullish Crude Oil Futures Trade Idea:Crude oil futures are set up for potential bullish movement as inventory levels remain low, and recent economic data supports ongoing demand. Supply-side factors, such as lower-than-expected inventories and potential OPEC+ production cuts, add upward pressure. I’m looking for a push into higher resi
CL!10/27 - 11/01
-Looking for good pull back in oil to go long.
-Daily closed with bullish ENFG to previous day
-4H is showing bullish structure
-1H is showing some CONSD. with new support around 71.5
-30 min is in line with the higher T.F SO A GOOD PULL BACK into previous structures/imb Iwill entertai
oil longsideally we low of day so far at 67.79, we dont have to but gives me more confidence in thesis, take out of Asia SSL create a higher low and make way towards gap fill with London SSL, Ny Lunch SSL and PM SSL, AM BSL to be taken out for the gap to be filled.
Light CL1! short Light CL1! enters strong bearish area on daily TF.
It is reasonable to follow after best entrence point with small stop and good R:R.
Will be updated later.
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.
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Crude Oil Futures (Apr 2020) is Mar 20, 2020.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Crude Oil Futures (Apr 2020) before Mar 20, 2020.