LongAbout CFDs on WTI Crude Oil
Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.
Long
WTI (Crude Oil) - Bullish SetupWTI has been trading under this trendline since March' 2022. Inflation adjusted oil is the cheapest commodity avaiable currently and the type of bull run we have seen in all other commodties since last year, i expect it is oils turn to shine now. Tracking this trendline closely, and once it is broke
Long
Is crude headed north?Crude CMP $63.49
Elliott- this entire correction to me is the 2nd wave and now the 3rd wave should commence from here.
Directional signal- the double bottom is a directional signal. It needs to close above 69 on the monthly basis to confirm the same.
Fibonacci- it made a double bottom at the f
Long
Crude Oil Analysis BearishCrude Oil Analysis (4H Chart)
- The primary trend in oil turned bullish.
- On the 4H chart, the prices have recently tested the upper trendline of the symmetrical triangle pattern and are showing signs of weakness.
- The prices have also recently tested the upper Bollinger band, with RSI turning
Short
Crude oil idea for today 5 th FebHi traders if you missed 10:30 pm move . Here is the retracement. But is it a real retracement or complete reversal? Only time - candle pattern-volume can tell. So no fomo wait for right entry and accept the outcome. Always have Stoploss level.
Intraday Crude Oil Analysis Feb 09, 26The primary oil trend turned bearish, and on the 4H chart, the prices have breached the ascending trend line with a gap-down opening for the week. Currently, the prices are resting at the strong immediate hurdle of fib level 0.618 (62.50), a breach of which drives the prices lower towards far suppor
Short
Forex Trading (Currency Pairs)Introduction to Forex Trading
Forex trading, also known as foreign exchange trading or FX trading, is the global marketplace for buying, selling, and exchanging currencies. Unlike stock markets that operate from specific locations, the forex market is decentralized, operating electronically across
Education
US Oil Has just broken out of Inverted H&S PatternTVC:USOIL has broken the neckline at $62 on a daily chart and, along with other commodities, is ready to climb to $70 levels in the coming weeks.
We keep $58 is the hard stop if the price recedes below the neckline.
Historically, rallies in Gold, Silver, and Crude Oil go hand in hand, though thi
Long
The "Smart Money" Approach// WTI Oil: Bullish BOS & Demand RetesWTI is showing strong bullish momentum on the 1H timeframe. We just witnessed a clear Break of Structure (BOS) to the upside, signaling a continuation of the recent trend.
Long
Daily 1:30 PM IST Crude Oil Trend Setup StrategyPrice action traders on MCX WTI Crude Oil can capture reliable intraday trends by focusing on setups around 1:30 PM IST, using 15-minute - 1hr charts with support/resistance levels and a 10-20 EMA crossover confirmation. This timing aligns with active MCX sessions when momentum builds post-initial
Long
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.