I haven't updated CL analysis for some time since the last that I was wrong. These few days I have been monitoring the 5 waves up and the bearish engulfing candle seems to have given the necessary confirmation that the trend might have changed. Outside of technical analysis, the recent news that long-term yields are rising also support my overall analysis that...
-hit resistance -hit 200ma -0,786 fib retracement -bullish hammer Wait until bullish conformation!
All information given inside the chart. Keep strict stop and good luck.
Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the...
We can see that on that last rise, it could not create a higher high, in which I see a head and shoulders forming. I believe the right shoulder will start to form once it bounces off the 50d SMA.
Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the...
Some short targets for the few remaining bears. Keep in mind the options skew bearish since there is very large open interest for in-the-money call options. My opinion is that we will see a low around 63-64 in the next week or two.
We saw a false breakout of the balance. For now we can wait for the retest of higher balance level and sell at 65.58 with stop 66.57 The target is the middle level of the balance (62.63 - target1) or the lower balance leve (59.09 - target2)
WTI Jun18 CL1! 20 Apr $68.06 May closed Friday with a final OI of 3.7k contracts. June volume was down 140k on the day and OI reduced 3.1k Generally volume will trade lower for the remainder of this month then start to pick up early May and increase leading into contract close on May 22. So I would expect price to fade during this month, in the absence of an...
Trading Signal Short Position (EP) : 68.29 Stop Loss (SL) : 68.77 Take Profit (TP) : 65.90 Description CLM2018 formed Double Repo Sell at 4h time frame. Trade setup with Sell limit at 0.382 level (68.29) and place stop loss after 0.618 level (68.77). Once the position was hit, place take profit before an agreement zone (65.90) Money Management Money...
Top of accumulation pattern. Secondary test targeting 22.00 - 27.00
Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the...
Trading Signal Long Position (EP) : 68.29 Stop Loss (SL) : 68.18 Take Profit (TP) : 68.95 Description CLM2018 formed Double Repo Buy at 30m time frame. Trade setup with Buy limit at 0.382 level (68.29) and place stop loss after 0.618 level (68.18). Once the position was hit, place take profit before an agreement zone (68.95) Money Management Money in...
Oil "appears" toppy but is strong trading week of 04/15. After a $3 pullback week of 04/01 WTI saw a significant jump despite inventory numbers proving Bearish week of 04/08. This was accelerated due to obvious fundamental forces. But also, see my prior study below and notice how the technical's were demanding a $67 price point before last weeks Syria drama took...