Crude Oil – Retesting Resistance | Possible Pullback Trade Setu
Crude Oil (1H timeframe)
broken out from its short-term downtrend channel and is now retesting key resistance near 5740.
Price is holding above the 5610 support, but upside is likely capped unless bulls sustain momentum.
🔹 Key Levels:
• Resistance: 5740 – 5770
• Support: 5610 → 5513
📊 Techni
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Crude Oil: Equilibrium, Key Levels & Trade ScenariosNYMEX:CL1! NYMEX:MCL1!
Market Recap
In our prior crude oil commentary, we identified a bullish flag formation with key support anchored at the Q3 micro composite Value Area Low. Following a measured pullback, prices decisively reclaimed the Q3 micro composite Value Area High, subsequently adv
Crude Oil Resumes Its WeaknessCrude oil rised and then fell sharply from above 78 dollars back in June, after tensions in the Middle East. The drop unfolded as an impulse into wave A, so even if this is just a counter-trend move down from 78, it still appears incomplete. After we recently spotted a corrective rally in wave B tha
A look at multiple markets Eight six 25 that I looked at about 4 or 5 markets today including gold and a few other markets. I focused on 1.272 extensions which are very effective and getting you out of the market before you lose your profits. I talked a little bit about a stop in reverse approach to the market which can
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Oil Trap Activated – Limit Orders Set for the Big Score💥🛢️Crude Oil Vault Breach Plan – DCA Heist Begins!🧨💰
🚨Asset: CL1!
📈Bias: BULLISH RAID MODE ON
🎯Target: $74.50
🛡️Stop Loss: $67.50
🔑Entry: ANY LEVEL – Thief stacking limit orders like layers of gold bars 💼⚖️ (DCA Mode Activated)
🕵️♂️Thief Trader is not chasing, we're ambushing 🧠 — scaling in smart
Crude oil: Sell around 66.50, targeting 63.00-60.00Crude Oil Market Analysis:
We've stated this dozens of times before: the overall trend of crude oil is bearish. As long as crude oil doesn't break above 70.00, we can maintain our bearish outlook. Today, we maintain our bearish outlook and continue to sell on any rebounds. Crude oil fundamentals do
MCL About to Take the Express Elevator DownOn the 15-min chart, MCL has completed a clean double top at 64.50, with neckline support broken at 63.00. This pattern is forming within a broader descending channel, adding higher-timeframe confluence for further downside.
Bearish Scenario (Primary Bias – 70% Probability)
- Entry Zone: 63.80–64
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Displays a symbol's price movements over previous years to identify recurring trends.