Crude Oil trying to breakout after a bullish divergence...Crude Oil is trying to breakout short term here, after a bullish divergence between price and volume as marked with green arrows. We like it here, with a trailing stop. DYOR
MCL1! trade ideas
Crude Oil ready for RunBias Bullish
As Daily Resistance is going to be break
Energy demand is increasing
Seasonal support
Bearish H4 OiL This is a beautiful price action that has many confluences that support Selling Oil. Firstly, we have a clear head and shoulder pattern on H4 which indicates a sell is imminent. Secondly, we have a huge bearish engulfing candlestick on H4 that signals the bears are taking over. Last but not least, we have price in the golden zone 61.8 of the Fib - an area that is well known to see price reaction.
crude oilsellllllllllllllllllllllllllllllllllllllllllllllll, sellllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll,selllllllllllllllllllllllllllllllllllllllllll
CL1! LIGHT CRUDE OIL FUTURES H4 : BULLISH CORRECTION SETUP CL1! LIGHT CRUDE OIL FUTURES H4 : BULLISH CORRECTION SETUP
Its time to achieve some more uptrend targets. CL1! LIGHT CRUDE OIL FUTURES is looking for to achieve buys targets, in upcoming days.
Note: Keep following me for more updates and information about different pairs of the market.
crude live upate plz chk price trenddear all plz chk the price of crude last December price trade in consolidate and trade attempt one breakout but failure but again entry buy with small stoploss because price breakout and price may be go to upper side but we maintain small stop loss.
Crude Oil may bounce from its supportCrude oil is at a long term support near 72 and may bounce from here. It may remain in up trend for 1-3 months. The weekly chart has been forming a wedge.
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
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
crude oil just broke the neck line crude oil just broke the neck line... as tension in market oil supply, this looks as really nice for long position.
oil at $128 USD?The fundamentals for oil to be over $100 USD per barrel are in place; oil inventory reports are getting lower, and what happened today between Israel and Iran could potentially push oil to $120 USD.
There is a bull flag with a breakout there!.
WTI Crude oil - last update. Our overview: Jitter due to the Red Sea tension persist. CoT released Friday "net long positions" report, showing an increasing long positions in futures and decreasing in options by the "non commercial". This could suggest that the market could be close to an upward movement of the price. Waiting for market mover data and news. Trends analysis: Primary(purple): upward corrective structure wave C, intermediate(green): upward impulsive structure wave 3, minor(yellow): upward impulsive structure wave 3.
Our current strategy: Moderately Long following wave3 of the minor trend(yellow). Our current position's risk profile @$72.58: delta +0.35, gamma +0.28 Hedging point: on breakout $72.30. or @area $74.00
Crude Has More DownsideStrong Red TrapZone and Red UMVD for Oil futures, We are going down even further.
CL and PETR4 Oil and Petrobras in tandem.
Possible bottom in CL due to geopolitical situation in the midwest.
Please se video for exact points and opinion.
Thank you.
Crude in Wave 3 - Bullish ChannelBasically and continuation of previous published idea. Wave counts have been updated and the low at Wave 2 sets the lower channel. Wave 1 ended and was followed by and expanded flat Wave 2. Continued movement above the bearish downtrend channel continues to give great confidence we are seeing a trend change to bullish movement.
Friday's closing looks to have ended with an ABCDE triangle that will end in a Wave 5 on a lesser count. I'll take a snapshot of my minutes count and add to the replies.
Overall, I'm bullish. Looking to buy dips and will likely see and end to this wave in the 80's.
Thoughts and ideas only and charts and comments not meant for trading decisions of any kind. I advise you to due your own diligence, keep your own counsel, and trade at your own risk.
Crude Bullish Or Bearish today?Crude Bullish Or Bearish today? I think she will go down.........but you tell me your opinion? Due to the levels I thought they could break through and/or jump up lol....... I could be SUPER wrong but.......
My view on CrudeoilCRUDEOIL
double bottom breakout possible above 6175
looking tgt 6250-6300++
very short term
keeping on radar Crudeoil 6100 CE
WTI Crude oil - last update Our overview: Red Sea tension on focus again. Divergence on hourly RSI. On breakout and close on hourly timeframe above $74.00 push the price straight to area $75.60/$76.00. On the other side, breakout of $72.80 could push again the price towards the bottom of the trading range. Trends analysis: Primary(purple): upward corrective structure wave C, intermediate(green): upward impulsive structure wave 3, minor(yellow): upward impulsive structure wave 3.
Our current strategy: Neutral follow the market. Our current position's risk profile @$73.95: delta -0.03, gamma +0.24 Hedging point: not set
