OIL wave C down I see #Oil playing out right now. Unless we break that resistance line, I'm only looking DOWN to lower lows.Shortby deepenUpdated 2
Crude Is good for both short and long at support and resistance Crude Is good for both short and long at support and resistance pointsby johnnyscofield1351
crude correction play wellexpect sell on rise only no idea for take buy but fall may be happen next month contract in mcxShortby amforecast0
WTI CRUDE OILRetraced 50% of the up-move. (Expecting it to make a Right Shoulder to complete Head & Shoulder pattern). Expecting a retracement 0f 61.8% & Reversal from 40'5. Overall view is BEARISH in coming Trading hours .by FarhanShaikh0
USOILDay pattern - Descending tri (down) USOIL breakout rejected from the previous high, no bull power to move forward. Should break the hour support & the support below to reach the target.Shortby Prabhualgan0
Crude Oil Trade Based on Supply and Demand Analysi. Got a nice event break from H4 Supply Zone and a sniper entry from M30 Zone. Risk Reward Ratio Possiblity 1:10+. Move stops to BE & Take partials accordingly.Shortby SPARX_FX112
OIL GOOD HARMONIC PATTERN FROM 36$ STRONG RALLY ONE PULL BACK 39$ THE GO UP AGAIN MIGHT BE ABOVE 43$Longby deepenUpdated 3
USOIL $ 39.20 close above go for Buy. Price forming symmetric triangle and trading at the support levels, if you find reversal pattern then go long else wait for close above 39.25 and go long and your target will be the top trend line or even you can wait for the breakout till $ 42. Longby Tradersasi23Updated 112
CRUDE OIL - SHORT SYMMETRICAL TRIANGLE PATTERN - CAN ENTER AFTER BREAKOUT (EXPECTED DOWNSIDE)by sankroshUpdated 111
USOIL Short I hope you can now see how USOIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.Shortby EntryandExitUpdated 0
expect 41.5-42$ upcoming days will take buy from 39.3-39$ for the target of 41.5-42$.if it break 39$ will see 37.5-37$ andso on.You can find selling levels in my chart.Longby amforecast0
CrudeCrude Oil is in minor wave ii down which can be a flag or zig-zag in progress. the lower end of the channel is near 38$ and the worst-case scenario. Once wave iii up starts we can go back toward 44 if iii=i.Longby deepenUpdated 1
US Oil formed price action patternUs oil currently formed channel pattern in 1hr candel. Trade when it breaks the pattern lower or upper. Note: Trade with stoploss (Trading is probability) by ard-komercistoUpdated 3
Don't miss the great sell opportunity in USOILTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (39.82). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USOIL is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 38.55 TP2= @ 37.25 TP3= @ 36.40 TP4= @ 34.70 TP5= @ 33.50 SL: Break Above R3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Shortby ForecastCity_ME9912
$ 40.50 resistance is the key for USOIL.Price rejecting from $ 40.50 continuously and at the same time price is making higher low which shows the bullishness in this script. Required pressure is building up by squeezing the price and also it is reaching the breaking point. If breaks 40.50 then 41.50 should be the target and the ultimate target for this break should be $ 42. Longby Tradersasi23Updated 115
WTI . Weekly Technical Analysis UpdateMidterm forecast: While the price is below the resistance 43.75, beginning of downtrend is expected. We make sure when the support at 37.10 breaks. If the resistance at 43.75 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: A peak is formed in daily chart at 41.70 on 09/18/2020, so more losses to support(s) 38.85 and minimum to Major Support (37.10) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 49. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Shortby ForecastCity_ME5511