Get started
CFDs on WTI Crude Oil
Updated

Thoughts? Waiting for possible C to re-load

253
giving considerations for a long inverse head and shoulders set up. I would like to long $47.21, but I can see oil breaking the channel.
Note
snapshot
Note
snapshot *1hr view* AD showing bearish head and shoulders pattern. 3/15 bearish cross confirmed. Don't want to see either of the 3 or 15 ema cross over the 50 ema, puts pressure on $48.63 level my current target based off 1hr chart
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
Still waiting on Handle to be completed on the Daily snapshot
Note
that channel is being tested snapshot
Note
W snapshot
Note
we'll know soon enough snapshot
Note
this gives a 10/1 risk reward ratio w/ a stop at the left shoulder low. Notice the target the 161.80% fib level $55.75, this is all considering $47.00 is not the bottom and that oil retraces to the .382% fib level snapshot
Note
going long here for scalp to at least $49 snapshot
Trade closed: target reached
snapshot closed short
MoneyFlowTrader
Also on:
Trend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trend Analysis
MoneyFlowTrader
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.