#OIL had nice BUYS come in few hours ago (look at 30 min chart) #Futures Good trading entry so far $DBO today around 14.6 $UCO $1+ on TODAY's entry, closing soon (off 1.5 on nibble days ago) $CVX $XOM $MPC $PSX
We nibbled on #Oil & not off anywhere near worthy to nibble more We're not making any large trades as we want to hold BIG year gains @ MAJOR SUPPORT & starting 2b oversold 🚨🚨🚨 Hmmm, look at 2nd chart & then 3rd, what do you👀 $XOM $CVX $PSX $MPC #energy
I think 181 is key level for CVX. if it breaks below I think it continue to fall.
Chevron MONTHLY Linear Scale This 30 year price line has been breached 4 times since it's origin in 1992. Each time there has been a subsequent sharp reversal greater than 40%. Earlier this summer there was a breach that resulted in a sharp and dramatic sell off. Thatwas a fantastic no brainer trade. As you can see we are approaching this level again. Short...
CVX. New high after a positive QR was reported. Next potential resistance area will be at 201 area. Those red line are my support area.
According to my previous analysis of cvx this symbol moved down. I think that it can go down again from the specified area and it will be flat again, we have a fresh resistance. Comment if you have any questions Thank You
Hello, dear traders. how are you ? Today we have a setup to buy/long the LIT symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Hi dear friends, hope you are well and welcome to the new update on Convex Finance ( CVX ) with US Dollar pair. On a 4-hr time frame, CVX is about to complete the final leg of a bullish BAT pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CVX Swing Long Idea: Entry Zones: - EP 1 = 4.7496 - EP 2 = 4.7026 - EP 3 = 4.6669 TP Zones: - TP 1 = 7.2039 - TP 2 = 7.4992 - TP 3 = 7.7380 - TP 4 = 7.9767 STOP LOSS = 4.450 * If the price goes down below 4.6265, please invalidate this analysis.
Road map for CVX after ABC correction targeting 61% 38% fibo
I think this symbol can have a correction downwards from the red area
On the 4H OXY is in a long up trend in part supported by the buy of Mr. Buffett In the intermediate term as shown on the chart, it is in a slowly rising parallel channel while at present it is at the bottom of the channel sitting on the POC of the long term volume profile and near to the lower Bollinger Band. I see this as a buy low sell high opportunity, The...
NRT an oil trust stock, is up 75 % for the year despite global challenged market. It is in the middle of its trading range for the past 12 months. Given the situation in Europe and lack of Russian oil in the free global oil market. I see this as a long-term swing play on energy with upside heading into the European winter heating season. With the RSI between...
Shorted after a nice bearish hammer at high. Needed to move my stop closer since got bullish hammer after clearing MA 100 which is concerning. A lot of room to go down but have to mitigate my risks. Ready to renter if stopped out after downward movement resumes.
OXY as shown on the chart is still in a megaphone pattern. Horizontal resistance red line is the all time highs of Spring 2018. In the past several trading sessions, spot oil has dropped from $96 to $87. The MACD indicator which is lagging shows the K / D cross over the histogram. Accordingly, OXY is now trending downward to the mid-Fibonacci retracement...
VET like OXY is showing a great chart with consistent price action. Fundamentally, it has had great earnings reports in the past year. It rates an 8/8 on the Minervini Trend scale showing strength and duration of trend as very high. Vermillon Energy has been strong in the general market downturn. I see this as a Swing long setup with a good expectant reward...