FX:USOIL Major Shark completion point:
USOIL has reached a major resistance at $52 and given that all indicators show that USOIL is currently overbought, I expect some downward movement to previous local maximum $50-49. The 200ema MACD though shows further possibility for upward movement, that's why I set my stance to neutral for the time being and stand by my previous analysis suggesting that oil will...
I understand algorithmic math. I understand it and can calculate it. I SUCK AT MATH. YOU HAVE BEEN WARNED. DO YOU OWN CALCS. That being said, you can rely on Bulkowski's tested probabilities for a Big W Pattern which suggests a 0.42% chance of a breakout. Projected target based upon Bulkowski calculations would be approximately $56.00. Rumors suggest...
With ADX below 20, I'm looking for a similar scenario where crude puts in a double bottom before moving higher.
LONG setup active on break of triangle, nice risk and reward ration if the trade plays out well. good luck
Mark for me to make the decision IF bullish, it may bullish to 52.22-52.78 first target, and 55.21-55.96 second target, then 59.46 third target. IF bearish,it may bearish to 41.46, first target, and 40 second target, then 36 area third target Im on Long side, hope good luck!!
long to 45.23 45.82 46.65, nice profit and low stop loss, why not?
A bit late but still good to enter a confirmed ABCD formation!
Long to minimum 49.15 maybe 50.34 This is my opinion!
USOIL there is a little bit power to goes up, (TP:46.04) after down, then up again, this is my opinion!
I wouldn't open a long entry here i would keep an eye out for reversal; looking at volume for confirmation.
FX:USOIL Buy the Breakout, waiting for a small retracement to enter the trade... Safe Trades;
Here is the possibility to by OIL! This is my opinion!