crude longcrude oil - waiting for the resistance to break to enter for long - even yellow candle suggesting that trend may change to upper side
Crudechart
Engulfing Candle and Two Inside BarsHappy Thursday Oil Traders! A very interesting day on the 15 minute chart. We started off with an Engulfing Candle that encompassed the previous 6 candles followed with a down candle, and price fell significantly. Then we had a weak Inside Bar followed by a small up candle and price rose slightly. Now we have a new Inside Bar with a small up candle. This time it looks as if it is hitting resistance at $54.20. Will it break out? I am tending to believe it has a little more downward pressure before it returns to growth. If you look at the daily chart the Stoch RSI has hit bottom, but that doesn't mean it will immediately bounce back up. Fridays are always iffy anyway. Trade safe and let's make some profit and have a nice weekend!
CRUDE OIL SHORT : AGAIN 1ST AUG.?Bolton's gone.
Keep the going up trend? or again 1st, Aug.?
Tomorrow is important.
Crude Looks Short Near 58.80 with SL 59Watch The Fib Level and Trendline and then Trade If Crosses Then Close Trade Wait For Higher Levels To Get Active Most Probably Crude Might Not Cross 59.64
Crude is Under Bear Trend Might Probably 53.60 is the ResistanceI Donno If am Right But This Signals Me SHORT With an SL 53.80 ( or ) Wait Near 53.80 For Selling
Crude Channel Breakout Ready for 60.50Crude has broke the important channel and formed candle stick pattern for trend reversal. Expecting Target of 60.50 for this upcoming Week
Crude Oil Crude Oil Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.
CRUDE OIL 1 MONTH VIEW, BIGGER PICTURE FOR BIG BEAR CYCLE?Other than the CM_Ult and CM_MacD, you can see candlestick pattern identification, to see when initial bull began, etc. Take a closer look and analyse.
Here is the pre-indicated active link for chart to trail it ~ enjoy~
www.tradingview.com
DISCLAIMER;
Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
I TAKE REQUESTS TO CHART ANY MARKET WITH PRE-APPLIED INDICATORS IN ANY TIMEFRAME, JUST ASK AFTER HAVING DONE THE FOLLOWING;
~~~ IF YOU SUPPORT MY IDEAS THEN DO LIKE, FOLLOW & SHARE ~~~ Thankyou ~~~
Crude- Fall is Coming?Crude has been continuously in uptrend since June 2017. Now It has reached 50% retracement level of Monthly Fibonacci. as well as Crude has taken resistance from the April 2017 Trend line. So today If today or this week Crude closes below 70.50 it will be bearish signal and good sell opportunity for us. So my view is bearish for Target of 66-61 in upcoming 2-3 months with the stop loss of 74.50 which gives us Risk to Reward Ratio of 1:2
Crude oil - long termLong term downtrend
Current correction should end before level of 60$ per barrel.
If we saw price above 60$ it could test higher prices but only for short term.
Price in long term should go down, below level of 50$ per barrel in next 6 months maximum.
Crude at an interesting price pointLook out for the price action this week and the next
We will have a clear picture soon
Any comments welcome
Best of luck
US CRUDE OIL - H4 LONGSCrude Oil H4 time frame- I prefer longs on oil due to the simple bullish structure on all timeframes targets 54
Crude Medium TermThis is a follow up to my crude medium term idea (please see the related idea link below to view the original idea), So far buy orders were filled at 49.22 for a target to 53.94, momentum looks to be slowing and it is likely that we may see a dip, to me dips will be good opportunity to build the position. So i am still holding my bullish stance on crude.
Strategy: Rebuy on dips to build the position, while move the stop to b/e for 49.22 filled orders.
Crude-OilThis is an update-that my short position at 52.10 from last week is going well in my analysis direction. I am looking to bank my position at 50.08.
