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Crudeoilwti

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.
TVC:USOILLong
by UmarAbdurRehman
1
Crude oil history in the making!The price of WTI oil has reached historically important level. Tomorrow, either the fact that the price of oil will begin a new stage of the fall will be confirmed or come to a new level and continue to grow! I definitely do not believe that the price will grow and I will trade tomorrow using weekly report on live session! Join, let's do it together! You can see my last trades on the reports on Youtube (look for Kate Wess). Thank you for your attention, you are all cool)
TVC:USOIL
by goldsecret
6
Potential Path for Crude Oil Over the Next 2 YearsCould see a bottom to the current down trend at $42,85 - Intersecting major trendlines at that price as well as wave 4 up and C level at that point (red waves). The waves up from $42,85 are plotted using 0.382 retracement of the ABC correction from $55,04 and $42,85 (red waves) which has an ending point for wave 1 up from $42,85 at $47,81. The rest of the waves are plotted using standard Fibonacci levels, i.e. wave 2 0.618 of 1, wave 3 1.618 of 1, wave 4 0.382 of 3, wave 5 1.618 of 4. Zoom in and out for detail.
FX_IDC:USDWTI
by Joseph_King