This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hello and welcome to my post ! OIL is still in a strong uptrend and we are just breaking out from a bullflag. We are getting strong resistances from EMA100 and MA200. Something worth mentioning is the purple boxes on the chart, they are indicating previously fake out areas, a think that might happen if the price action dosent break the previously mentioned...
Due to a supply scarcity, rising gas and coal prices are gradually driving utilities to convert from gas and coal to fuel oil. Oil-fired power stations have started up in Sweden. Oil demand will be boosted further by the United States' announcement that the travel ban for fully immunized international visitors would be abolished in November. This could result in a...
Hellooo...my Dragon Friends I see Oil Have Bearish Divergence dan i see this resistance still strong HOLD. it will back down soon. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
2 days since my last idea about Oil.It gave good trade with short stop loss .With risk 20 cent we earn more than 1 dollar.Our level 70 was placed right becouse we can se that price cinfirm this level many times , byers still trying to protect this level.The main now is look where price will close today, if it will close near 70$ its not good sign, becouse all who...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The Crude Oil market has shown itself to be resilient as we had initially pulled back but now are turning around to show signs of life again. In the last 2 weeks, the market...
as for oil i like to see a breakout below $67 before jump into the market.. any failed a breakout $67 its time to long on oil My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
Appears to be in some sort of on going complex correction. With WTI prices looking to bounce I think GTE will take an impulsive 5wave count up to form a possible higher degree B wave in the primary trend. We are long form .39c
Hellooo...My Dragon Friends Oil movement last week break our trendline, i stop for more uptrend will STOP around here. it will make little retracement down, to make right shoulder or retest for break the trendline. if it happen, SHS pattern will be valid. Lets See happy Trading Smart Trading Money Management Risk Management DIsclaimer On
Hellooo...My Dragon Friends OIL movement still down, follow the trendline rule, going down... if break the support we can see more downtrend Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
- if you follow this setup, do not overleverage - do not use more than 1% of your balance simple and effective: -speculative setup -short at point B between R1-M Pivot and 88.2 fibonacci -target between S2-M Pivot, 1.809 and 2 trend based fib -TP +15% gains -RR 8.58 -updates will follow -like so you don't miss anything -follow me for more good luck...
After the pullback to the broken resistance ready to climb for the specified goals (Medium term deal)
For USOIL, on the Daily timeframe Rsi is stupidly over bought. The way I see it, price is more likely to pull back this week as it's been consolidating for the past 3 days. If it breaks below 72.00 Further downside is expected.
In the short run, I am suggesting for sell 1st target to nearly 60/61. Breaking Below 57.00 Final target Will Be 52/50 Price From the 52/50 price, the market may go up again till the 65/75 price zone.
Description : As you can see, we see a triangle that broke it upwards and there is a possibility of a price rise, and the first target will be near that peak.
Historical chart from 2018! DOESN'T IT LOOK TOTALLY SIMILAR ? History repeats itself!