CL-OIL trade ideas
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
Crude Positional Shorts @ 95-96$ range for Target 86- 80-75+ Crude Positional Shorts @ 95-96$ range for Target 86- 80-75+
USOIL - LONG ProjectionUSOIL recently hunted liquidity of previous weeks, expecting price to sell of before giving us another price hike!!
Setup Contains:
1. Higher Time Frame Structure
2. Institutional Order Flow
3. Stop Hunt & OrderBlocks
Crudeoil As per Dynamic Cycle #crudeoilCrudeoil Hit Top as per dynamic Cycle...
Now we Looking For correction towards First Target 82.5
Crude Oil strong uptrendCrude Oil has been in a strong uptrend for a while now and is getting even stronger with a fresh breakout, and reaching the 2014 levels. Will be an important data point going forward for its impact on macroeconomy of India and also the equity market.
US Oil long setupUS oil making correction after reaching 7 years all time high, now creating bullish flag pattern
Will look for long trade after break and retest of Resistance trend line target will be 90$ swing trade
Crude oil analysis USDCrude oil is trading within a bullish channel and gaining from last 4 trading sessions. According to price action consolidation near previous high will make it more bullish and we can see 92 to 95 level near future.
On the flip side if fails to breakout above previous high we can see profit booking or consolidation.
Crude oil Bearish Set upCrude oil look bearish on higher time frame.
Good MArket Structure break on 1H,
Best set up to Sell
WTI OIL , CRUDE OIL, US OILPossible coming moves.... As per 4H.... ..
Bullish for 1st few months till 90-95-102..
Then.... Fall towards 50s and 40s.... Till fall...
CRUDE OILCrude Oil Intraday Trade chart Study:
Conclusion - It is correction phase and can do in any direction, must trade after confirmation.
Disclaimer - This chart is only for educational purpose. Do your own study before taking any trade.
USOIL approaching Supply Zone of 78-80Price action in the 78-80 zone of USOIL is worth watching. Any bearish price action in this Zone can give a good RRR short trade in Crude Oil. Meanwhile it's in no trade zone for me as of now.
