is CRUDEOIL BULL RUN Over? - Chart giving us a hintCrudeoil charts says the bull run is about to end. A confirmation is needed though.
CL-OIL trade ideas
Buy Crude, Harmonic patternBuy crude as harmonic says to buy. get more profits by finding absolute bottom
CRUDE OIL: Bearish for short termLEADING DIAGONAL: In a leading diagonal , waves 1,3, and 5 are all impulsive in nature or all in corrective form of zigzags. Wave 2 and wave 4 are always present in a zigzag form. A leading diagonal suggests the starting of a new wave & that is why it can develop wave 1 of a impulse wave and a first wave of a zigzag pattern.
Either a larger correction of higher degree or a smaller correction as a ZIG-ZAG corrective wave , whatever the condition crude is going to fall if rejected from the current levels.
TRADING STRATEGY:
AGGRESSIVE PLAYERS: One should go short in the region of 93.5 $ to 94 $ keeping SL of 96$ and look for the target of 88$ and 85-84$ zone .
SAFE PLAYERS: wait for the closing below 92$ & then go short for the target of 88$ and 85-84$ zone .
CRUDE OIL : A possible leading diagonalLEADING DIAGONAL: In a leading diagonal , waves 1,3, and 5 are all impulsive in nature or all in corrective form of zigzags. Wave 2 and wave 4 are always present in a zigzag form. A leading diagonal suggests the starting of a new wave & that is why it can develop wave 1 of a impulse wave and a first wave of a zigzag pattern.
TRADING STRATEGY:
Buy Crude oil : 89-89.5$ keepin SL of 87.8$ look for the target of 93.3-94.3$
Bullish Butterfly on CRUDE crude buy suggested, harmonic patterns found. make use of this to get profits.
crude start new bullish rally maybe forming trianglenext level of crude bullish 102$-108$ triangle correction expect
Predict Crude oil's next movement with Volume activityPrice action is the Key.
Use Ultra high volume setup/condition for additional confirmation purposes only.
A combination of Daily and Hourly time frames works well.
Highly recommended only if the Daily time frame is Trending.
Lower time frames say less than the hourly chart gives the confused or mixed-signal, so it is recommended to use for overnight positions.
Take trades based on your own risk appetite.
The indicator used is Volume Spread for VSA
Queries are Welcome
💡Don't miss the great sell opportunity in WTITrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (91.59).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. WTI is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 44.
Take Profits:
TP1= @ 88.03
TP2= @ 85.92
TP3= @ 82.64
TP4= @ 80.02
TP5= @ 77.42
SL: Break Above R2
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US Oil or Crude Wave 4 Expanding flat correctionCrude seems to be in expanding flat correction as wave A of B is clear 3 wave structure and B wave moved past start of Wave A.
Wave C of B is extended 2.618 fibonacci levels. Wave 5 of C of B is getting rejected at 0.618 fibonacci level also MACD have given negative crossover these are couple of negative signals.
Break of swing 88 will confirm downside as it will come out of channel. This will ensure movement towards end of wave A.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
WTI_Crude Oil WTI_crude oil uptrend martingale by Daily RTL & Daily STL.
May taste 89.02 - 87.40 (Demand Zone) levels OR it may blast by taking support on Daily STL + Daily DZ.
USOIL/ CRUDE OILHTF Order flow of USOIL is bullish, though we can expect retacement to downside and pullback buys from the given zones.. Look for LTF Break of structure then take entries
trading view POP UP notifications not working (Sample Video) This video is sample only (for reference of TV Customer care staff )and does not aim to publish any specific point
Crude profit booking....Crude is in perfect channel.
Heading to $96- $98.
Above $98 we can see upto $105- $109
However $82 - $84 seems to be the base.
Crudeoil As per astrology what Next ?As per astrology we are expecting Fall will be Soon,
Because of Sun Vs Saturn Conjunction on 5th Saturday,
So any time we expect Fall. Go short towards 10$ downside move minimum
