CFDs on Crude Oil (WTI) USOIL

SumeshV

Now crude in at a strong support zone It is already reached a low of $62.46 and now it is an indecisive stage. If it cross below $64 levels. possible to reach the support zone shown. if further cross below this zone, the expected levels are $58.3, $52.4 The above observations are for STUDY purpose since the analysis is on weekly time frame.

Gamechanger_TheOne

As per the trend analysis, crude has completed the retracement as shown by the wave structure and can be sold for a RR of 1:5.

tanya151181

USOIL has taken support on the lower trendline and bouncing back. One can take a long position above 67.31 level for targets of 70 and 72 Learn & Earn, Dr. Tanya Kumar

bhalla1990

After the y'day upside move in final few hours and earlier today, crude has retraced to .618 levels of previous rise. this should be a good area of value for fresh longs with stops below .786 fib. In another alternate scenario, the retrace can get deep to .786 fib and bounce from there. Entry should be based on a bullish candlestick setup in minimum 15 min tf.

SumeshV

The crude price crossed below the trendline It forms an Alt-Bat harmonic. A reverse expects from $64.66 If agrees, like and comment

bhalla1990

Crude after witnessing a 10% intraday fall, is about to close a bullish hammer/gravestone doji candle. with low of this candle as SL, long is a good R:R trade. Buy when price starts moving above the high of hammer/dragonfly doji candle

aarohi9441

According to previous Price behavior and current situations, here I am posting support and resistance levels for intraday and short term swing trading.

Bilal_Kazi

Crude Positional Buy @ 71.5-71$ Catching Falling Sword sl below 68 Traget 75-78-81-85-90+

SumeshV

Crude nearing a strong support after its free fall Effect of US intervention may be the reaction of the crude market It is a trendline support, we hope it will reverse Also it forms a Bullish BAT harmonic.

bhalla1990

In Crude, divergence has appeared on 30 min tf, while it can still make 1 leg down below low made today, the idea should be to hunt for long opportunities from Monday. on MCX, 5500 and below puts can be sold

For3xScalper

Hello Traders, Hope you all are doing good!! I expect USOIL to go UP to complete this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve...

yuvarajd

CHECK AND UPDTE. The underlying instrument for USOIL is the light sweet Crude Oil Futures contract which is traded on the CME . West Texas Intermediate (WTI), also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing. Historically, WTI has traded closely to Brent and the OPEC basket, but it currently is discounted against Brent...

mkmunir3

Gann fan analysis for Crude. We are in a sort of neutral zone with resistance at 85 and support at 79.6. If 85 is crosses, we will see a good upmove. If support breaks and Gann fan level breaks too, we can see a deep fall as seen in history and marked on the chart.

Bilal_Kazi

CRUDE Intraday view buy @ 79 $ range INR 5970-5985 Crude positional has to come to 75$ range before moving further for new highs

Royalvinokuma1

Crude oil is breakout of monthly channel, so crudeoil is going up in coming trading days

Krishna_Bhandari

* 1.272 ABCD * 1.414 ABCD * 1.414 XABCD * hammer candle on daily * Divergence on 4 HR * double top in formation * higher oil inventories * RSI overbought on daily * 83$ strong support became resistance from 2012

TradersTrustedacademy

us oil sell setup found with channel trading and market is lying on strong resistance

04:14

TradersTrustedacademy

we found sell setup senerio for usoil o we can say wti right, so in this us oil technical analysis , i have shared my 4 to 5 scenrio in which i can see for selling pressure for us oil