CFDs on Crude Oil (WTI) USOIL

USOIL, Minor Double bottom--> Buy Scalp

Tendency: downward - The price broken trendline

I've just started into this trade and these are my anylasis into it.... The 4hr chart has a strong bullish candle formation, so may have to wait a little while before entering this one. If you have any quesions please dont hesitate to ask!

My view OIL W1: - Tendency: Upward - Above support - Candle: Bullish outside bar --> UP https://www.tradingview.com/x/5vxmGFPL/ D1: - Structure: Uptrend - The price break fail trendline and above support D1 ( 66) - Candle: Strong bullish ( Climax bar) --> Waiting pullback--> BUY https://www.tradingview.com/x/1obEUU1Q/ H4: - Tendency: Strong upward - Test support ...

Looks like Crude Oil (WTI) will be falling to 60's as it has broken a long term trendline, It depends pretty much on the key support at 64.60 area. If it breaks I will enter a SHORT, otherwise I am going LONG till 70-s. Let's see.

Trend support, RSI and sentiment align.

trends + significant levels = success

The price test resistance and close below

WTI (Crude) is a big sell. Monthly Shooting Star and Demark 9 Sequential count. Should see this continue to fall for the next few months. OPEC next month but Rus and Saudi have indicated that they are happy with lower prices too.

Very clear (and strong) bearish rising wedge pattern, and a bearish RSI break under trend plus recent (last <3 days) price action suggest a pullback is almost upon us. There is a small chance that more of the wedge will be used up first, but I wouldn't count on it. Either way I'd look to this returning back to track the larger (but less steep) rising channel.

- The price is uptrend. - Pullback test support. --> Buy

I think the euphoria around Iran and supply cuts has been temporarily overbought. I could see oil dropping back to the 50MA and possibly the bottom of the channel, before continuing upward for the rest of the year. I don't think it will go near the 200MA.

Crude oil is trading just above a significant resistance level - there has been a few closes above and given the recent momentum we can expect the upward trend to continue. The risk/reward ratio looks favourable. Order put in for 71.40 with a stop loss at 70.90 and a take profit at 75.70 which is just below the second horizontal resistance line.

The market continues to consolidate the key breakout above 69.55 whilst the psychological 70 adds to the continued positive outlook. The support of a five week uptrend now comes in today at 69.50 to bolster this breakout support, whilst the rising 21 day moving average is also has supported recent corrections and comes in today around 69.40. Recent neutral daily ...

3rd bound of the resistance .... let s see how this plays out

Possible rising wedge in wave 5 position in Crude Oil. Return to origin of wedge/wave 4 in low 60's possible now.

This is some technical analysis i have been doing where i have figured a gradual uptrend, where the market shows great volatility bouncing up and down. This is possibly for a long term trade, where the market could fall to the point shown. I hope this helps even by the slightest

Waiting for a pull back to get long....