It still in up channel and will keep Sliding up
So we are on the Daily Not moving with much drive and lets say... obvious direction when it comes to day to day bias (Overall Bearish) I am ONLY focusing on PDH and PDL as targets today with any signal to buy or sell into the market being in a discount before I place a trade. Range day - yes To consider that Thursday's have seen good movement on Oil recently so...
Crude Oil (WTI) Futures CL Priority way on 25.04 - Long These posts are recommendations for building trading ideas for the day. All recommendations are based on personal experience and analysis of incoming market data.
Backtesting that Daily trend line with a few top dots on this 4hr chart. Good posture to dump some points here so they can reload lower. Big money always wins, and they almost always come back for that liquidity.
Introduction Credit spreads are a sophisticated options strategy involving the simultaneous purchase and sale of options of the same class and expiration, but at different strike prices. This approach is particularly effective in scenarios where the trader seeks to capitalize on premium decay while maintaining controlled risk exposure. Commonly used in volatile...
Today On the Daily I am in confliction with bias meaning that it could be changing soon if we repeat another bullish closing day. For this I have dropped down onto the 4hr TF and the most recent 4hr -ob is what I will be referencing as to Bullish or Bearish intra day PA. Scalpers Market atm If you un sure, sit still. We did close above the Daily v.i as I have...
Crude-oil futures have been climbing all year, and some traders may see further upside. The first pattern on today’s chart is the March 6 high of 80.67. CL1! Bounced there two weeks later, potentially turning old resistance into new support. That’s could be a bullish signal. Prices then rallied to a new six-month high near 88 before pulling back. They bottomed...
Bullish. After forming a new peak high, price retraced to the +FVG. Friday's "news wick" tapped the -FVG above and quick returned the +FVG. Should the +FVG hold, expecting price to move toward the highs, as price moves from Internal -> External liquidity. The LRLR to the lower left is a draw on LQ that bears watching. I enjoy any feedback or questions in...
Pair : Crude Oil Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line S / R Level
There is a possibility of further upside. It will break through the highs upward.
Oil prices have retraced just under 8% from the MTD (month-to-date) high. And it looks like the market is trying to stabilise around a support cluster, just above the $80 handle. The cluster includes the 50-day MA, high-volume node and prior consolidation zone. A small doji also firmed around these levels to suggest a swing high has formed, or very near. A...
**CrudeOil:** The forecast is for the price to rise to the top of the channel.
So we have achieved one target for price and that was to reach the Daily V.i and so far London has rejected going higher... Would like to see price head down post 0930est My target is still 80.50 just waiting for price to align with my thoughts is what is most important before pressing the button. At minimum PDL would be a bearish target I don't see why we would...
there could be shorting while day tf is in uptrend, lets see from where the price gets rejected....
BUY: 65.55 TP: 83.59 SL: 64.30 -If trade is higher 89.18, trade will be cancel & another entry area will update 26mar'24 19
Oil rises in early Asian trading, Middle East tensions remain in focus Oil prices edged higher in early Asian trading on Tuesday, reversing losses from the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. Global benchmark Brent crude oil futures rose 39 cents, or 0.5%, to $87.39 a barrel by 0033 GMT,...