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Micro WTI Crude Oil Futures (Feb 2023)Micro WTI Crude Oil Futures (Feb 2023)Micro WTI Crude Oil Futures (Feb 2023)

Micro WTI Crude Oil Futures (Feb 2023)

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MCLG2023 trade ideas

So our bull targets done in crude oil This free new indicator helps to get accurate signals almost on all time frames and if you as me i use it on 15m chart normal candles , so lets talk about crude oil - when to take trades now- waiting for the bear signal between 5850-6200 if bear signal we can hold around 70 points tp with 20 sl Prediction are simply gambling but depending on market situation it shows that market can go upto 6200 or more with 30% chances or else it can open gap down and and go till 6100 or 6110 or more with 50 % chances. or it can break 6100 and give a bear signal around 6070 with 20% chances. the indicator you seeing is totally free and will be available soon, keep following. good luck
MCX:CRUDEOIL1!Education
by hormuzdengineer
2
CRUDEOIL - Symmetrical triangle breakout on the horizonCrude Oil Update (4-Hour Timeframe) Chart Overview: Crude Oil is trading within a symmetrical triangle pattern, with both lower highs and higher lows converging, signaling potential for a breakout soon. The price has rejected the upper trendline (around 5895) multiple times, highlighting it as a critical resistance level. EMA Analysis: The price is hovering near the 55 EMA (5836), indicating indecision. A close above this EMA could push the price higher. Trading Plan: Entry Long: Above 5900 Target 1 - 6002 Target 2 - 6138 Entry Short: Below 5744 Target 1 - 5450 Target 2 - 5500 Risk Management: Maintain a stop-loss below the triangle's lower boundary for long positions and above the upper boundary for short positions. Disclaimer: This technical analysis is for informational purposes only and does not constitute financial advice. Always trade responsibly and manage your risks effectively.
MCX:CRUDEOIL1!Long
by Shalvisharma5
Is a Big Move Coming in Crude Oil?Crude oil has been limping for most of this year, and now some traders may see risk of a bigger drop. The first pattern on today’s chart is the relentless series of lower highs since September 2023. The trend lines along these peaks have dropped at steeper angles, which potentially reflects increased selling pressure. The second pattern is the series of slightly higher lows since September 2024. That may be viewed as a bearish flag. Third, consider the 50-, 100- and 200-day simple moving averages (SMAs). They swung earlier in the year, with the faster above the slower at times but that changed 2-3 months ago. They’re now in a clearer sequence, with the faster SMAs below the slower SMAs. All three are also falling. That could also indicate a longer-term downtrend has developed. Next is the support zone around 64.50 to 67.75. Prices bounced quickly from this range between March and June of 2023, but are now spending more time in the same area. That could suggest longer-term support is fading. Speaking of longer-term support, the second chart uses 2-week candles to compare the current environment with late 2014. Both saw long periods of sideways movement with lower highs. The earlier moment saw an accelerated downtrend once the weekly support level broke. Could a similar move be coming soon? TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Please add the futures disclosure: Security futures are not suitable for all investors. To obtain a copy of the security futures risk disclosure statement visit www.TradeStation.com . Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYMEX:CL1!
by TradeStation
Are we going LONG tomorrow on CRUDE OIL Targeting $69.50 NYMEX:MCL1! "I can’t relate to lazy people." -Kobe Bryant Family in this video I have broken down the LONG that I caught this morning during NY session that ran for just shy of 2R then bears came in and stopped me @ Breakeven.... SO now here is what I'll be looking for to GO LONG again tomorrow on Crude if PA sets up a HP entry confirmation.... If we can get the break above Minor support / resistance level $68.40 with a 15m candle closure above ill interested in going LONG tomorrow targeting the HTF EQ Level $69.50. This will be rpoughly around a 110pt move in our favor all depending upon entry. Also this trade and give us +3.5-4R Return if she can run all the way to target. Based off the HTF 4Hr supply we have the probability in our favor being that we are coming from a HTF Daily/4Hr Mitigation of Demand. No major news events tomorrow so we should be good to trade full volume. Remember nothing is set in stone we play the long-term game of probability. & We are dam good at it too! ***Our Profession is to Manage the downside costs of printing High SIDE returns of $$$ consistently... & that there is the #500K Model 1of1
NYMEX:MCL1!Long
by TreyHighPwr
CRUDE OIL Weekly Forecast: Bearish! Wait for SHORTS!Price has traded through the low @67.71, indicating a shift in the market from bullish to bearish bias. There is an untapped imbalance above @67.87, an Internal Liquidity target. As we know. price seeks liquidity from External liquidity (lows and highs) to Internal Liquidity (FVGs). So the idea here is to wait for the pullback into the -FVG/imbalance and look for valod short setups, targeting the lows @66.98 and 66.50. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYMEX:CL1!Short
by RT_Money
Oil December 4th I wanted to look at oil because generally the pattern looks contracted to me. when I'm not clear on things I not only look at the daily chart but I'll look at some bigger time frames and when I saw the weekly chart it became apparent to me that I could actually trade this market today and certainly yesterday. There are times when you really have to go one time frame higher if you want clarity even though most of the time you'll probably look for a lower time frames for clarity but that doesn't apply when you're trying to find a trade on this current market in my opinion. but go ahead and look at it I'm not sure if it's going to break out to the higher time frame or not but it did give you a couple $1000 Target if we traded inside the range box.
NYMEX:CL1!
by ScottBogatin
2024-12-03 - priceactiontds - daily update - wti crude oilGood Evening and I hope you are well. tl;dr wti crude oil futures - Neutral. Bulls did what they had to, to prevent a flush down to 66. Market traded above 70 and we made a higher low. Bulls would need to print 71.5 for a higher high and I can’t see that happening as of now. Chop between 68 and 70 is most likely here. comment : Midpoint of this triangle is around 69.3 and this will be a magnet until we either make higher highs or lower lows. It’s a trading range, don’t over analyze it. current market cycle : trading range (big triangle on the daily chart) key levels: 66 - 70 bull case: Bulls had a decent day and turned the market completely neutral again. Only above 71.5 they are favored for higher prices. For tomorrow I expect some more sideways price action between 69 and 70.5. Invalidation is below 66.27 bear case : Bears need to keep it below 71.5 or we are making higher highs again. They tried to close below 68 for 4 days and today we saw bears giving up on it. Bears are still favored to keep it inside the triangle, so either play the range or don’t trade at all. Betting on a huge breakout is not a decent strategy after going sideways for so long. Invalidation is above 71.5. short term: Neutral inside the triangle. Area round 70.5 should be huge resistance. medium-long term - Update from 2024-11-10 : Unless an event comes up, this will very likely close around 70 for the year. current swing trade: Nope trade of the day: Could have longed anywhere and made money. 1h 20ema is strong support until broken.
NYMEX:MCL1!
by priceactiontds
Crude Oil (102 points LONG +4R) Secured for DA HOUSE!!!NYMEX:CL1! '2025 For a gr8ter reward, we must go to the valley to CONQUER!! #500K Please take the time to watch how I predicted before hand that we would catch LONG on Crude OIl if we could see a specific sequence of events take place in PA therefor compelling us to enter the market LONG.... We did just that and the trade ran all the way to TP. Stats; 102pts LONG +4R Secured!! Well Managed, on to the next HP SU! +Shalom #APBTG #BHM500K Remember 'Our Profession is to Manage the downside costs of Printing HIGHSIDE returns of $$$ consistently, done correctly; Well abundance awaits us.' -500KTrey
NYMEX:MCL1!Long
by TreyHighPwr