XTIUSD_LMAX trade ideas
Crude oil Daily in Rising wedge patternCrude oil forming Rising wedge pattern in Daily TF..
Breakout at the bottom of the range.
I n weekly TF 66 - 68 $ is the next major supply range.
Need to wait for reversal confirmation in DAILY/ 4H TF.
Think and trade in probability.
Trendline Breakout In Crude Trendline Broken at 64.5 and we can see bearish movement till 63.
on Monday we can expect Market to retrace till 63.6 to 63.8 levels based on trendline and then we can expect downward movement only if Trendline is not broken.
CRUDE OIL : Corrective sequenceAfter a lot of choppy sessions & an upside move , crude struggled the level of 64.5 $ & bears took control over there. As per the current structure we can anticipate a zig-zag correction having wave B completed at the level of 64.4 $ . We expect a downside movement to break the level of 57$ at least. The key level should be watched 64.5 as the SL,
Symmetrical Triangle forming in daily Symmetrical Triangle forming in daily chart time fame ... So Trade according to it
Crude oil hourly Supply & demand ranges.Use lower TF 15 / 5 mins for entry and exit.
Think and trade in probability.
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.
