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QM1! trade ideas

WTI Crude oil - last update.Our overview: RED SEA uncertainty regarding commercial vessel traffic routes still on focus. Waiting for the API data. Trends analysis: Primary(purple): upward corrective structure wave B, intermediate(green): corrective structure wave A, minor(yellow): downward impulsive structure wave 1, intraday(orange): downward impulsive structure wave 5. Our current strategy: Neutral. Our current position's risk profile @$75.43: delta -0.036, gamma 0.0075 Hedging point: Not set Targets: $79.50 $77.80 $76.52 $74.87 $74.07 $73.35
NYMEX:CL1!
by DeltaZeroProprietaryTrading
Oil short part 212.26.23 In this video we get into the specifics when drawing the tools, Deciding on the probability with regard to whether the market's going higher or lower, Determining stops....And we even have a potential reversal if the market starts moving higher that could indicate the markets going to expand higher. In other words I think the probability is that the markets moving lower.... and yet if it moves higher it could actually accelerate higher.... and if that really does happen we might Decide to be more aggressive if the market fails to go lower and then this higher... take this as a sign that the market might move significantly higher than yesterday's range. There is always that issue which says that the market, But if the market goes higher it could go a lot higher. In order to think like this you have to adjust to changes in Market Behavior.... and for that you have to be more flexible and open-minded and be willing to tolerate more complicated potential scenarios. Remember.... always have stops in case you're wrong. This will save you from a lot of pain and suffering. You don't have to be right as much as you have to be protected.
NYMEX:CL1!
by ScottBogatin
Buy high & Sell low ?🥴TIP: Identify key VA's that reject price in low value / low volume areas. These price areas (not lines*) will reflect true entry areas where the ones that entered before either quickly moved price away from the current direction (reversal) or very aggressive through it. Price reacts and develops new rithms over a certain time, but one thing will always be true. To a minimum, Sell High & Buy Low You never want to buy something expensive You never want to sell something cheap Same Shit Pick the right Liquidity pool
NYMEX:CL1!
by benjaminlombaert
Crude oil trades around this rangeCrude oil fell last week, the weekly cross small Yang K line to stop falling and start to stabilize, after a continuous decline, a slight short-term rebound. A strong rally held the 67.70 low and established support in the previous low area. A small wave of sun line initially recovered the last big Yin K line and recovered the apex of the big Yin line. The short-term weakness will be turned into a shock, and then with the recovery of space, it will become a rebound upward, and the local formation of a long-short switch. The 4-hour chart relies on the middle rail as a bullish support to rebound, and quickly recovered the lost ground after a brief step back on Friday, while recovering the 72.0 mark, and the step fell the second high point, breaking the weak fall. Top focus on 74.7-74.5 line resistance, Focus on 71.8-71.5 first-line support below.
NYMEX:CL1!Long
by the_Hand_of_God
USOIL, Crude Oil a wedge in a Trading Range. USOIL / 1D Hello traders, welcome back to another market breakdown. Crude Oil traded lower earlier in the week after a small pullback bear trend. The bears got 3 pushes down, forming a wedge pattern. They want a retest of the June or May lows, followed by a breakout below. The bulls see the current move down simply as a bear leg within a trading range. They want a reversal from a wedge bull flag (Oct 6, Nov 16, and Dec 13) and a higher low major trend reversal. They hope to get a retest of the September high. They will need to create consecutive bull bars closing near their highs, trading far above the the trend line to increase the odds of higher prices. Crude Oil remains in a 71-week trading range. Traders will Buy Low, Sell High in trading ranges until there is a breakout with sustained follow-through buying/selling. At the moment, the market is trading near the lower third of the trading range which is the buy zone. For now, the selloff since September has lasted a long time. A minor pullback can begin at any moment. If a pullback begins, traders will see the strength of the pullback. If it remains weak and sideways, the odds of another strong leg down will increase. Trade safely, Trader Leo
NYMEX:CL1!Long
by Leo-btm
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