48.1-48.2 looks like a good sell zone for market. Chose your take-profit yourself, market could possibly get into $44 region with this drop. Trade at your own risk ...
Technicals signals incoming sell. Trade at your own risk...
Market technicals indicate further sell. Trade at your own risk ...
Looks like market finally broke out to the upside, a long-awaited move.
Just an observation to help guide. Trade at your own risk..
Going by channel observed on the 4HR view, there may be quite a profitable uptrend to break out. Best to wait for confirmation upon breakout first. Trade at your own risk.. The immediate trend in lower timeframe to be traded too, market may come back to bounce off trend line or support area, may get to enter this breakout.
For observational purposes and guidance. From observations we are due some good downside, though retracement may occur first. Trade at your own risk..
Market has broken channel for the downside. Trade at your own risk...
Trade at your own risk..
Just an observation to help outline as much channels as possible in market. Trade at your own risk..
Market looks ready for some upside looking at technicals. Trade at your own risk..
For visual guideline purposes. If you're wondering why oil dropped so intensely, it was foreseeable. Here is a very useful video that predicted this move before it occurred :) www.youtube.com
Looking at market structure and the channels that form those structures. Market is in a downtrend right now, some retracement may occur before trend continuation.
Market may be due some upside now after its drop for 65. Market has to break channel first for upside first so stay alert.
Expecting a sell one market breaks out of channel, use lower timeframes to time entry. For educational purposes, trade at your own risk.
This would be continuation to the up side of pattern in a larger timeframe that broke to the upside. Intraday/swing trade set up. Ideas are for educational purposes, trade at your own risk.
Seems market is repeating a previous pattern from the year, a buy in order IMO. Keep an eye on the bigger picture, this move may only lead to a double top. Charts for guideline purposes, trade at your own risk.