Crude Oil Elliott Wave IdeaUpdate on below chart.
Could be more upside yet before a larger correction.
Crudeoilwti
CRUDE OIL BUYHello Traders
Today Crude oil is so stable and you can predict the mouvement of this market .
DISCLAIMER : I don't use support or resistance line to publish those signals .
If you want to see more like and follow
Feel free to comment how can I upgrade my ideas ?
CL1! - Crude Oil - WTI - H1 - Intraday - Bearish ReversalCL1! - Crude Oil - WTI - H1 - Intraday - Bearish Reversal - SELL
We have a Bullish Trend continuation on the H1 chart that has made a new high to the Resistance on the 1.618 Fibonacci Extension Level.
We are expecting a bearish correction to the 0.618 Fibonacci Extension Level.
First target @ the 0.618 Fibonacci .
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Entry: 33.70 | Stoploss: 34.45 | Takeprofit1: 32.40 | Takeprofit2: 31.25 |
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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Crude Oil Elliott Wave IdeaLooks like oil is nearing the end of a 5th wave after exiting a typical 4th wave triangle; May see a correction soon before another impulsive move upwards.
USOIL 26.10 +5.15% LONG IDEAGOOD DAY TRADERS
HERE IS A LONG IDEA FOR OIL, OIL HAS BEEN TRYING TO REGAIN TRACTION AFTER THE US JOBS DATA
> SAUDI ARABIA RAISED ITS OFFICIAL OIL PRICES THAT COULD HELP IN KEEPING OIL PRICE WITH THE BULLS
> OIL CONTRACT IS HEADING TOWARDS THE SECOND WEEKLY BULLISH CLOSE AFTER PRICE DIPPED BELOW ZERO LEVEL
ON THE 4H WE SEE THE FORMATION OF A DESCENDING WEDGE WHICH MIGHT JUST SIGNAL A MOVE TO THE UPSIDE
IF WE SEE A BREAKOUT OF THE STRUCTURE IN THIS COMING WEEK ,WILL BE LOOKING FOR LONGS ON THE OIL
PERIOD - SWING
RISK MANAGEMENT
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[CL] - High probability to drop to the price 23.50 USDCL Futures High probability to drop to the price 23.50 USD
[CL] - High probability to drop to the price 20.50 USDCL Futures High probability to drop to the price 20.50 USD
Bullish on CRUDEOIL, 36$ soonCrudeoil needs to break the channel at 28.43 and sustain above 29.3 to give a rally to 36$ which is the nearest resistance. Support is at 24.35, expecting a pullback if Crudeoil hurdles to cross the channel.
CRUDE OIL - BREAKOUTanalysis mentioned on the chart. Buy for the target of 21.4 $ . keep stop loss below the trend line & keep trailing !
HARVEST TIME: WHAT YOU SHOULD KNOW ABOUT OIL!We all make mistakes, but investing your money in this crap right now will be the biggest joke ever.
If you're having the deep dreams of becoming the biggest clown around, at least get paid for it.
If you already put both of your feet in this boat, call your doctor on Zoom & ask for some treatment..
Peace!
OIL next breakout imminentDescending triangle on 15M chart. More likely break upward, but either way a big move in the price is expected.
Opinions?
CL1! - Will june WTI contract repeat the fate of May contractOil moves is really fascinating, after expiration of the May contract on WTI which fell to - $40, June entered into the game and already managed to collapse by 42% in a few hours of trading.
And it doesn't look like it's going to stop falling. Interesting for how low in a day?
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
USOIL: Doesn't look great, 74% drop, expiration tomorrowI don't trade WTI crude oil, but this drop is tremendous: from $18 to $4.8 for one day and lowest in 4 decades, just wow.
Tomorrow is the expiration of futures.
When pullback?
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Good time to Oil buyOil drop to downtrend channel bottom. Bear candle is weakened 1 day candle shows support .
Buy oil now TP1 - 22.05 TP2 - 26.00
If you reach TP1 take half profit first then keeping your position.
1st 2 country's conflict ⏩after that covid19, circumstances are against crudeoil. there are 3 types of analysis, fundamental,technical and sentiment analysis. this is the best time for sentiment analysis. only 1 thing can push price up? guess?
CRUDE OIL - ELLIOT WAVE WEEKLY - WEAPONCL - CRUDE OIL - WEAPON
sub-wave 4 of wave 3 of wave C.
The price will need to complete
wave 5 of wave C at 10.65.
Break the triangle on the downtrend line
US OIL - WTI LONGI think US OIL is ready to fly. Support seems strong and valid.
This was my long outlook before
If support gets broken, I will expect the other scenario to play out
Let me know your thoughts if you find it interesting.
**Disclaimer - This is not a trading signal but my idea!
