Light Crude Oil Futures NYMEX:​CL1!

In Dec1998 when crudeoil was trading at 7$ -no one even thought that it will travel to 147$ from 50$ base. The explosive rally from 50$ to 147$ was in wave-5 & It behaved exactly as bookish structure. In commodities wave -5 is 80-90% time bigger than wave-1 & wave-3- which was the excellent case for the oil between Jan2007 & July 2008 5th wave scenario. Always ...

short crude near 69$

Well, with the strategies applied, I think it will make a bullish reversal at 62.95, but the trend has not yet given a definitive answer. I'll wait, if it will change. Bene, con le strategie applicate, penso che farà un'inversione rialzista a 62,95, ma la tendenza non ha ancora dato una risposta definitiva. Aspetterò, se cambierà.

Bullish cypher will form at 60 $ if price will be reach in next week strong buy second indication as the past one bullish strong engulfing s 50% support is there at this level as the demand zone near 60$ if price come MCX crude 3950-70 k then strong buy recommended

fibbo anylz for sell today just pull back rally profit booking for seller

Bearish ABCD with Cyper and After That confirn Day bearish Engulfing cover 4 days going down down up to 61$ (mcx 3975)

Light Crude Oil Bearish for next two months!!!!!!!!!!

Crude oil approaching short term zone after a period of consolidation. Bearish breakdown most likely scenario.

currently bullish on crude if break resistance 61.75 it will make new high

Hi, We have Potential Short setup developing crude oil hourly chart. Please refer chart for details. Trade with care, Gulz

Moves below 200 MA MACD BEARISH.Targets 59.5/57.SL 64.50

Negative divergence on MACD charts- Wave 5 ending to yield 2-3%. Cover at 63.5/64. SL 67

Explained in chart

Explained in chart

NYMEX:CL1! Monthly Chart: ABCD Pattern on process. (D wave in making). Target is $72 by mid June 2018. Also it is in safe buy zone = above $50. ( Trading above 0.618 of Fibo retrace of B to C wave). below $41 pattern gets nulled. Do Not to trade.

NYMEX:CL1! CL Near "D" zone of AB=CD pattern. 161.8% Extension of Fibonacci is @ $ 55+. Watching price action closely for any short trade. Next resistance (If breaks this level) @ $58. First immediate target would be $ 50 (i.e "B" level), If price action says to short.

Bullish H&S

Crude is on the verge of breaking the trend line resistance, if break out happen we shall go for target levels mentioned in chart.