Products
Community
Markets
News
Brokers
More

Community
Ideas
CLQ2016

CLQ2016

Long for median No follow through on drop, even after retesting broken TL from the back resulted in squeezed swings, that left the downsloping median set without reaching it's median. Now the last of the swings got zoomed and is currently being retested. A long postion shooting for the median seems like a good idea to me here. Sl underneath last swing.

Updated

only thing keeping me from shorting this is EIA in 5 minutes ;)Rising wedge coming up on upper tl big wedge and second warning line old downsloper. I would short but EIA is coming in 5

Short

Updated

They broke the uptrend but are reluctant to sell it further.Crude did not roll over and die after breaking the uptrend. A BIG emotional candle after a disappointing eia report broke the trendline dating back to january, but what puzzles me is why it did not break down further after the retest of that line from the back. Maybe they are anticipating the BIG DRAW eia report on wednesday and therefore hesitant? Or is this just a corrective structure (the overlapping price action would fit that) and are we coiling for a bigger move up? As always, price will tell us. I have marked out some possible scenarios.

Catch the falling knife.Vertical big bad scary red candle upon eia. Broke both TL and Wedge, which we are currently crawling back into. Now, i am taking a risky position here (falling knives not meant to be caught). But i am counting on profit taking into weekend and some realism plus this upsloping median set which 'cuts' very nicely. Not risking much here just small portion of this weeks gains. If you are thinking about following please maintain rigid stop loss :)

Long

Updated

looking for possible long here We are still following the downsloper but coming up on three major supports: the uptrendline from the rally going back to january, the lower TL of the big falling wedge and the horizontal support off the 45.80 area). Also price action is becoming wedge-like and squishy. If we bounce back and retest i might become a buyer here. Prerequisite would be a zoom and succesfull retest of the (small) falling wedge upper TL.

Updated

gauging price action there may be a trade here After reaching the median price can continue or reverse. I will monitor carefully to see if i can enter with favorable position and R2R

Updated

follow up on earlier posted short trade we are following a downsloping median set with a median parallel to earlier mentioned mult pivot line (which got zoomed friday and is due for a retest). Because we are following the downsloper nicely i would move stop to BE and adjust target for downsloping angle of target line

Short

Updated

Short scalp with potential to become a swingtrade As posted earlier i think Crude is on a crucial junction here. A closeup look at the structure revealed a nice short set up. Price action at the Orange Excursion line we zoomed on friday will tell if it is just a scalp or something bigger. If we rebreak that line, the short could be kept open for a bigger downside move. If we bounce back up i will be looking for long entries.

Short

Updated

do or die for crude here Monday price action will be telling for the direction of Crude oil this summer. Will we repeat last years drop (started around this time) or has the balance truly shifted? Crude has no more room for messing around so we WILL know this week :)

Love in every #TradingView

87M+

Traders and investors use our platform.

#1

Top website in the world when it comes to all things investing.

1.5M+

Mobile reviews with 4.9 average rating. No other fintech apps are more loved.

10M+

Custom scripts and ideas shared by our users.

TradingView Chart on Instagram @destination_trader07

@destination_trader07

TradingView Chart on Instagram @Arcanebear.eth

@Arcanebear.eth

TradingView Chart on Instagram @cenobar

@cenobar

TradingView Chart on Instagram @miahouse9

@miahouse9

TradingView Chart on Instagram @christianrodriguezcdr

@christianrodriguezcdr

TradingView Chart on Instagram @mytradingsetup

@mytradingsetup

TradingView Chart on Instagram @rajpalgore

@rajpalgore

TradingView Chart on Instagram @mytradingsetup

@mytradingsetup

TradingView Chart on Instagram @nav.fx

@nav.fx

TradingView Chart on Instagram @mytradingsetup

@mytradingsetup

TradingView Chart on Instagram @malikriv

@malikriv

TradingView Chart on Instagram @ajip_sepet

@ajip_sepet

TradingView Chart on Instagram @bhtrading

@bhtrading

TradingView Chart on Instagram @frankchevai_fxt1

@frankchevai_fxt1

TradingView Chart on Instagram @ocasalinveste

@ocasalinveste

TradingView Chart on Instagram @TradingView

@TradingView

TradingView Chart on Instagram @fx_sallyjones

@fx_sallyjones

TradingView Chart on Instagram @Tradeciety - Rolf

@Tradeciety - Rolf

Whatever the trade

Here's why Here's why

Products

Supercharts
Pine Script™
Stock Screener
ETF Screener
Forex Screener
Crypto Coins Screener
Crypto Pairs Screener
DEX Pairs Screener
Stock Heatmap
ETF Heatmap
Crypto Heatmap
Economic Calendar
Earnings Calendar
Sparks
News
TradingView Desktop
Mobile app
CME Group futures
Eurex futures
US stocks bundle

Company

About
Features
Pricing
Social network
Wall of Love
Athletes
Manifesto
Careers
Blog
Security vulnerability
Status page
Terms of use
Disclaimer
Privacy policy
Cookies policy
Media kit
Accessibility statement
Tarot cards for traders

Community

Refer a friend
Ideas
Scripts
House rules
Moderators
Pine Script™ Wizards
Chat

For business

Widgets
Advertising
Charting libraries
Lightweight Charts™
Advanced Charts
Trading Platform
Brokerage integration
Partner program
Education program

Select market data provided by ICE Data Services Select reference data provided by FactSet. Copyright © 2024 FactSet Research Systems Inc. © 2024 TradingView, Inc. US phone number 833 247 1523