Crude Oil update in weekly chartThere is nothing I can add to my last published idea of CL1 except the pattern of y. It make sense that wave y makes a flat instead of zigzag which I guessed. Anyway, there is no matter and I am waiting for a reliable correction. Thanks Shortby AMA_FX449
WTI crude bulls eye $74Crude oil prices fell over 11% from the January high before support was found at the 200-day SMA and 50% retracement level on Friday. Trump's latest tariffs saw commodities rise on inflationary concerns, and that allowed WTI futures to post a daily gain of 1.6% - its best day since the January high.Longby CityIndex223
OilCrude Oil Completed " 12345 " Impulsive Waves Break of Structure Change in Characteristics Falling Wedge in Short Time Frame Demand Zoneby ForexDetective7
Crude Eyes Bullish Reversal - Descending Trendline🚨 Crude Oil (MCX) 4 HOUR Chart Analysis 🚨 🔹 Bullish Indicators Identified: Breakout from a descending trendline, signaling potential trend reversal. Price reclaiming the 55 EMA (6211) as a key resistance level. 🔹 Expanding Demand Zone: The breakout structure suggests a shift in market sentiment, Longby Shalvisharma5Updated 228
Does our LIS hold? Weekly CL Trade IdeaNYMEX:CL1! Macro Update: There are a lot of market moving events taking shape on the macro landscape. Peace negotiations between warring countries, reciprocal trade tariffs, and a US-Iran nuclear deal. We need not mention that any of these events may potentially turn market sentiment risk onby EdgeClear5
Crude Oil Bearish Setup Crude oil is showing signs of potential downside movement. After a recent rally, price is facing strong resistance near $71.60-$72.65, where sellers are stepping in. 🔻 Key Observations: 1️⃣ Price previously broke out of a descending channel but failed to gain strong bullish momentum. 2️⃣ A lower hShortby Charts_M7M2
Crude Oil - Ichimoku Theories + Price Action ConceptsNYMEX:CL1! Combining your Ichimoku strategy, with market structure orderblocks, could provide you with support & resistance levels, for your Ichimoku trend bias. - Here is Crude Oil futures, on a 4H timeframe - Analyze how the orderblocks, provide key level resistance, for your short positions Shortby makerup2
Recap: CL and ES Weekly Plan analysis & Key LevelsNYMEX:CL1! CME_MINI:ES1! In this trading trading view blog we will refer to our February 3, 2025, weekly trading plans. Our main idea for ES futures was to get long above yearly open, also our key LIS (Line in Sand). And our main idea for CL futures was to stay short below February monthly opby EdgeClear3
[Positional] Crude Buy BetSL at day's low. High chance of triggering. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Longby Amit_Ghosh2
Levels to consider for Crude oil Futures CL1!On this video i discuss what I think is the next long/short to consider and illustrate how not to get caught up in the noise of low probability setups . Currently we are trading inside of a range between the POC and the VAH . I look back on previous highs in the chart and how we reacted at those le13:33by SJTRADESFUTURES3