Short from 108, to 105, 104, 100. Please push like and subscribe. 80% of trades realised!
So NG has been in a bit of a sideways channel lately....what is it waiting for? Some kinda news? I have no idea if it will go up or down or will it end this week sideways? Frustrating as hell but I'm thinking it might drop some next week. Who knows though right? Thoughts?? Heiko
OIL - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Short OIL Entry Point - 106.21 Stop Loss - 111.14 Take Profit - 98.81 Our Risk - 1% Start protection of your profits from higher levels Like & Comment Our Analysis, Please! ❤️ Please, support our work with like & comment! ❤️
I've just published an idea about USOIL that you can check it out in my channel. The same move as the Usoil for Ukoil ...
Hi everyone It looks like oil is likely to start falling, I outlined the first sure goal I set for oil, and I guess oil may be at $ 84. I will definitely update the oil in the next posts. Like and follow me ❤️🌹
crude oil based on HTF is bearish structure with 61% retracement along with double top and 4H SHS formation
upside focus remains in wave (3), expecting more upside near 109.58 (wave (3) = 2.618 * wave (1)).
After the strong pull-back I'm looking to add another buy around my initial entry from previous idea. If this breaks again we could finally see a push closer to the previous ATH. Remember to keep using a trailing SL when well in profit :)
Gasoline (RB1!) has been supported by the 1D MA50 (blue trend-line) since January 2022 and after the most recent contact with the trend-line (April 07 2022), it has been on a strong rise. This shouldn't surprise us as the 1D RSI has been printing the same pattern as the March - June 2021 period, when Gasoline formed a Channel Up supported by the 1D MA50. This...
USOIL has been trading in symmetrical triangle and we can see the convergence of price over there. As long as it is holding 95 area as support we are bullish. However break below will call for bears in the party. Trade your levels accordingly.
Looking at the hourly chart, the pair is trading in a corrective move after a five-wave decline from 110.33 to 97.57. The correction could be done at 105.02, which is just shy of the 61.8% retracement that comes in at 105.45. In case of a break above, the correction could have one more leg higher. With that said, as long as we trade below the 110.33 resistance,...
USOIL is for completing the wave 5 and get out of the channel. The gray area is appropriate level to open a sell position.
As mentioned on my last two ideas (April 19 and May 02), WTI Oil has been neutral on the medium-term where scalping was favored: Today's analysis is on the 4H time-frame where you can see the range more clearly (Resistance at 116.60 and Support at 93.00). On this post I present the golden combination that offered 100% profitable results during this 1 month of...
Oil is ready for a pull back($20-25) before commencing a great BULL RUN to $100 + perhaps as soon as Dec (2020) to Feb (2021)
WTI is considering to be bearish in short term. I don't mean this momentum will create bearish cycle to crude oil. EU is dealing with Hungarian government to do sanction for russian oil. Only matter of time to close the deal. But it will go down until it makes perfect negotiation. MACD is also decreasing. Target to 97-98 around. I will analyze again as...
USO (US Oil ETF) - Weekly chart. Support, Resistance, Trendlines for reference. 10-Year Logarithmic chart. 05/11/2022.