CRUDE OIL video top-down AnalysisHello everyone, here is the top-down analysis for CRUDE OIL, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Crude Oil
CRUDE OIL waiting for the sell setup to formon DAILY: CRUDE OIL is sitting around a strong resistance zone so we will be looking for objective sell setups on lower timeframes.
on H4: CRUDE OIL is trading inside our red wedge pattern but the lower trendline is not valid yet so we are waiting for a third swing to form around our lower trendline to consider it our last swing and then enter on it break downward.
so also have a regular bearish divergence adding more confluence to our sell setup.
CRUDE OIL waiting for the sell setup to formon DAILY: CRUDE OIL is approaching a strong resistance in green so we will be looking for objective sell setups on lower timeframes.
on M30: this one is forming a wedge pattern in red but it is not valid yet, so we are waiting for a third swing to form around our lower red trendline to consider it valid and enter on its break downward.
we also have a regular bearish divergence on MACD adding more confluence to our setup.
CRUDE OIL waiting for a trigger to sellon DAILY: OIL is currently sitting around a strong resistance zone in green and almost filled the previous gap so we will be looking for objective sell setups on lower timeframes.
on H1: OIL is trading inside a wedge pattern (not valid yet) so we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward.
or we are waiting for the right shoulder to form and then enter on the head and shoulders neckline break downward.
meanwhile, OIL would be overall bullish.
USDCAD potential bullish reversalon DAILY: USDCAD is sitting inside a strong support area in orange, and almost filled the previous GAP, so we will be looking for objective buy setups on lower timeframes.
on M30:
Short-term: we are waiting for a new swing to form around our blue trendline to consider it valid and enter on its break upward.
Long-term (conservative): we are waiting for a new swing to form around our red trendline to consider it valid and enter on its break upward.
we also have a regular bullish divergence on MACD adding more confluence to our buy setup.
Meanwhile, USDCAD would be overall bearish , until a buy setup is activated.
USOIL Short Trade Setup Update! Distribution Zone!Welcome to Profitlio Trading!
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Just follow the video for the update on short trade setup!
Analysis: USOIL showed up some continued growth up to the resistance level held at $27 to $28 price level. Now the price showing up some retest after the breakout on strong ascending channel which where it completed 5 impulses within the structure. Now Ill be waiting for a possible bearish signals on top for new short entries. Sketch up your own trade setup before you take off. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
USOIL Short Trade Setup Update! Huge Profits Coming!!Welcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Jus follow the video for the update on short trade setup!
Analysis: USOIL showed up some continued growth up to the resistance level held at $27 to $28 price level. Now the price showing up some retest after the breakout on strong ascending channel which where it completed 5 impulses within the structure. Now Ill be waiting for a possible bearish signals on top for new short entries. Sketch up your own trade setup before you take off. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
How to Chart Futures Contracts and Crude Oil's Historic MoveCrude oil traded at -$40 per barrel and that is a historic move. It will go down in the history books.
In this video, we want to show everyone how to track and analyze futures on TradingView, specifically future contracts in crude oil CL1! and CL2!. On TradingView, it's possible to study any futures market and break that market down by each month. CL1!, for example, shows the current crude oil contract in front. CL2! shows the next contract in front. You can also dive into specific contracts that go as far as 2021 or 2022 or beyond.
This video tutorial is meant to be educational and we hope it helps anyone interested learn more about these markets. It's important to remember that most futures contracts trade based on an expiration date. Then, the contracts roll to the next month after that. As a platform, TradingView gives you the data and tools needed to analyze any of these contracts. The quickest way to getting started is to use the search bar to explore all the possible futures contracts that can be analyzed or visualized on a chart.
We hope this video tutorial helps the community get started. Please press like if you enjoyed it and, even better, please leave a comment to add to this discussion. Let's hear your opinion on futures market and the recent crash in crude oil.
😱 USOIL, WTI — CRASH EXPLAINED! 🤫🤫🤫👋Hello people!
This is the topic of the day.
In short video I explained basics of this price action. 👇
Why it is happening!
Can I buy Oil cheap now?
Global recession?!
Will other markets follow? 👇
Not really. But this is example of Futures trading. And new traders should understand one simple rule — Everything Can Happen!
Thanks for your attention!
Recommend to put like below this video! 👍💗🧡
Write in comments what you think :) ☁︎
Stay tuned to Artem Crypto !
CRUDE OIL (WTI) PREPARING TO THURDAY'S EVENTS
Huge fundamental news is coming this Thursday on oil.
No one knows what is gonna happen, so we should be prepared for bullish and bearish scenarios.
in this video you will find:
key levels
trading plan for both scenarios!
good luck!
please, support this video with like and comment! thank you
#USOIL #CRUDEOIL Weekly Trading Analysis & ForecastTraders, USOIL worked great last week as predicted. Now It seems a little over stretched and market could be looking to retrace a bit. There are several opportunities in here. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
#USOIL Weekly Trading Analysis & Forecast (About To Go Up?)Traders, USOIL is showing a a good confluence now. This has potential to send USOIL higher. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
#USOIL #BTCUSD Full Market Analysis Update Part-2 Must Watch!!Traders, All indications are showing that we have a correction coming. Watch the part-1 to get a better idea. Motivate and support me by hitting the like button, subscribing and sharing this video if you enjoyed this analysis.
Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!