We see that CL came down to the grey centerline. From there it zoomed through, pulled back (pin bar) and then missed the lower line (L-MLH). That meant "Hagopian" = price pushes back farther than from where it came. And it did. Now price is "pumping" in 0-5 formation, a nice flag. If you zoom in to the 240min. TF you see how it unfolds. My personal preference is,...
In this update we review the current corrective cycle in Crude oil an identify some high probability trade location
When we look at the chart we can see that the price is touching a support zone in the hourly chart. I am personally going to go long for now with the SL just below the Support zone and my Tp at the top of the previous high we can see. Daytrade-execution Entry: 64.03 Stop loss: 63.5 Take profit: 66.50 Risk-Reward: 4.6
Yap.. quickly publishing this as its my own trade. Not same design, but just wnated to share quickly!
Oil Long Position 🔵 Entry: $62.19 🟢 TP & RR: $63.55 (2.62) ⛔ Stop Loss: $61.67 REASONS FOR THE TRADE ✔️ Resistance flipped to support ✔️ Fairly strong volume upwards 📝 I am expecting price to consolidate around the entry level and then continue trending up. Even if this long fails, I certainly don't feel comfortable shorting the trend on a move upwards (or at...
Crude oil can make a 30% move. 17 USD per barrel seams were the 4h supply stands and there’s nothing in between. Just a huge pocket air. A 6 RR
it time for the strong recovery maybe?
Hello traders, Sorry for the mess, but here's my analysis for crude oil dd
Hey tradomaniacs, welcome to another free signal of Week 43 Nr.3 ----------------------------- Type: Daytrade Market Buy: 54,21 Stop-Loss: 53,94 Target 1: 54,48 Target 2: 54,67 Target 3: 54,83 Stop-Loss: 27 pips Risk: 1-2% ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good...
The key to this setup is the emotional candle(big candle) circled in white. when most traders see such candles they pull the trigger(FOMO). i have come to realize that the key to trading is waiting. After the emotional candle the market started pulling back and the sellers came in, at the moment price is in a mini range i am waiting to see if the buyers will take...
BUY Crude For Target of 57.64-58.04 (Time Frame 1 WEEK) Crude Taken TL Support & Horizontal Support Buy on Dips Advised SL Below 55.45
CRUDE futuro CL, en canal alcista, parece que continua la tendencia en gráficos de horas.
Crude was up in the $100s but has recently been brought down in the $50s. It will head back up in that direction because it is in a price channel.
Long USOIL for Target of 57-58$ With Stop Loss Below 55$ Despite Overbought, USOIL is trending up powered by US OIL Sanctions on Venezuela,IRAN & OPEC Output Cuts.
US OIL - As you can see on the chart, we have a clear inverse head and shoulders, we don't have a break yet which is definitely what is needed before considering a buy here. We would want to see a daily close above the neckline and a pullback to test the neckline as support on the lower time frames such as the H4 / H1. This looks bottomed out and OIL is...
Let's see if this crude bounce can pan out.
After the hard fall down, price is now coming back to balance. The yellow Centerline will be tested. From here a natural turn is highly possible. Additionally there is also a Pivot-Support that helps the CL holding up price. P!