Get started

Crudeoilwti

Short based on 4hr Clone level Resistance and Structure on leftThis is my second chart on oil for the day. After the first one did give tp1 and close to tp2. On chart i see a good structure(see left of chart) on this 4hour chart . The area of resistance is around 46.5x Clone level. Three arrows that are pointing down are the 3 potential sell opportunities. Sell 1: 47.5x with Stoploss : 48 Sell 2: 46.5x with Stoploss 47 Sell 3: 46 with Stoploss 46.70 Which ever comes first . Please trade accordingly. Due your due diligence before placing the trade.
FX:USOILShort
by GcNaif
8
The bearish MYesterday, as expected, breakout was bring the price near 46$ and then his weakness bring the price short. Now I can see a really bearish pattern: the M bearish. The confirmation of this pattern must be searched at this support breakouts: River and Moving Average 50 - 44.80/44.60 Support Moving Average 144 - 43.50 Support Moving Average 288 - 42 Now this supports are important but if break down we can increase the shorts, else we cover long. Because in this days speculation and volatility is very high. Trade safe.
NYMEX:CL1!Short
by Billy-Ray-Valentine-ITA
Dangerous trading nowAs expected the breakout of 45.50 was strong long. Now we are in dangerous zone because just 1$ for 47$ and could be retracement, (47.89 is the trendline limit). Today a good chance to trading is zone 45.50 again for long position because river and ichimoku supports are at this price. Before of this price, there are others support: 45.70 (Moving Average 30), and 46$ (Moving Average 288), this could be more strong. Anyway breakout of 45.10 could be the short signal, but keep in mind 44.91 is support given by Moving Averega 144 and can bounce on this price, so more safe is wait breakout a 44.91 for target at 41.90 .
NYMEX:CL1!
by Billy-Ray-Valentine-ITA