Trade ideas
Crudeoil forming Symmetrical triangle, trade conservatively.Currently 4H showing retracement of previous sell.
High probability to break out at the bottom ..
Check reversal confirmation.
Think and trade in probability.
Crude oil 1H / 15m Respecting Channel.Check lower TF 5min / 3min for reversal confirmation.
Always have Multiple time frame view on the market.
usoil trade setup oil taking support in zone 57 58 continuous , heavy fall only after close below his , while 5 week rejection suggest a push move at higher areas
Crudeoil hourly new low formed short at 61.8% level.Hourly new low formed, can enter short at golden fib., Level..
4hour tested the dynamic resistance (sma20).
Think and trade in probability..
Crude oil hourly , expanding triangle broke downYour Suggestions are welcome.
As yesterday market at channel top (In daily TF) . {Refer previously published idea in Crude oil}
Can stay on Short side until reversal in hourly TF.
WTI CRUDE THIS WEEKBottom until tommorow than a buy call until the end of this week does will follow my line ?
Crude oil Daily TF forming Channel, Breakout might be at bottom.Currently market is between Major Supply & Demand ranges (Weekly TF).
Formation of Channel in daily TF is respected by lower time frames 4H & 1H.
Channel formation at Lower high of daily TF, So breakout might be at the bottom of the channel (High Probability).
Trade based on your Financial goals & Risk tolerance.
Think and trade in probability.
Crude oil Daily TF Consolidation about to break.Always look into Multi time frame analysis before entering a trade.
Trade based on your financial goals and RISK tolerance .
Crude Oil: Potential Trade Set UpOn 4 hours chart the structure looks bearish. We have moved down in 5 Waves which could be Wave 1 or A and now it is trading sideways and forming a potential Triangle pattern which could be Wave 2 or B. So the next impulse on the downside can offer a trading opportunity which could be either Wave 3 or C.
