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Hey guys! We had big move to the upside, however, it is going to create corrective structure. Expecting $8-10 price drop before we take another long shot. Hope you benefited trading both side. It's not a trading call just an idea how the market would move. Ty
Crude oil hitour to short selling pressure TVC:USOIL
since the idea is based on 30mn time frame, this idea is available only for one day. let's see if the market will give me reason today if you like the post, don't hesitate to discuss it with me or thumble up and follow me thank you
Hello Traders, We can take our sell positions today on WTI Crude Oil for short term trades. Don't take more than 1% risk on this trade. Have fun!
oil looks like it has broken out of channel and retested. look for rvi bearish cross and sell
Price tested the flip resistance. The market is currently printing a descending triangle consolidation pattern. Possible price action patterns indicated.
Looking at a nice litte short this afternoon, waiting for confirmation before pulling the trigger
Expecting OIL to take a drop this week to its previous level of support, once this current level has been broken
Check my profile out on how you can follow my views and analsis.
Lets see if we can reject this zone, if we see weakening signs we may be ready for a sell off.
Manipulation and double top confirmed looking like oil will get weak here!
Failure to break the LH at 28.40 we can see Oil heading down to retrace or make a new LL
Retest of this zone highlighted looking like it will push higher.
USOIL / WTI - Update. Created an equal high today after pushing higher. Then following on with a push down. Need to see a pullback to the areas highlighted if we can and see it rejecting strongly we can look to sell OIL. For now be patient and await some more signs. IF we do not reject after a pullback and keep pushing higher we may be in for OIL coming in...
Hey Guys, I believe we are starting downtrend for this and coming week. Target 1 = 22 Target 2 = 20 Target 3 = 18 Extended Target = 16.50 Good luck!
Rejection of the resistance area twice of the last LH set to come down!