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WTI Cash (or Spot) ContractWTI Cash (or Spot) ContractWTI Cash (or Spot) Contract

WTI Cash (or Spot) Contract

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SPOTCRUDE trade ideas

USDWTI - U. S. Dollar / WTI Crude Oil Let us have a look at USDWTI Crude Oil Chart Daily chart shows crude oil trading in the ascending triangle. WTI Crude Brake and sustain above 67 levels we can see the higher levels towards 74.25 levels which offers a very good risk reward as one can keep stop loss below 64 levels. From the weekly charts you can observe the WTI Crude Break Out already happened above 64.36 levels and on weekly charts flag and pole formation also seen so all in all WTI Crude is showing strength so one can think of buying crude oil. Only for Educational Purpose
FX_IDC:USDWTILong
by ssveducation
1
Crude oil Multiple timeframe analysis (Higher timeframes)Monthly TF at Major Supply range. Weekly TF trading between a range, currently formed Bearish divergence. Daily TF formed a New low on Thursday, sign of Downtrend. SHARE YOUR VIEWS In DAILY TF, Can expect fall after testing SMA 20 / Fibonacci Retracement level of 61.8%. Target levels 62$, 59$ & 57$.. Follow with 4H /1H TF for more confirmation. (These are in Buy to retracement for Daily TF's Sell swing). Think in Probability. Trade based on your Financial goals & Risk tolerance..
TVC:USOILShort
by Velmurugan_SimpleTrader
2