Oil update Today will be my best buying day .
I believe it will have huge move upside , and continuation maybe more .
Good Luck
Oilforecast
Oil update We bought today and had around 2-3$ profit
Now I continue buying gradually as always in blue and take my profit at red lines
We still have some room to buy down
GOOD LUCK
Oil update Last chance to buy today
I think oil reached the support now its going up from here first target 86.5 then 87.5
GOOD LUCK
Oil update Today was a good play for oil we sold the 88.5 to 86 $
Its ok that i think it can reach 85.5 but ill take my profit now
Tomorrow ill be a buyer of 85.5 $
To 87.5 $
GOOD LUCK
OIL Weekly Forecast 14-18 November 2022OIL Weekly Forecast 14-18 November 2022
Currently the implied volatility for this asset is around 6.59%, up from 6.36% of last week.
From volatility percentile, point of view, we are currently on 66th from ATR and 66th from OVX index.
With this volatility percentile values into account we can expected on average that the weekly candle is going to be:
4.56% for bullish
5.01% for bearish
With the current IV, we can expect with a 71.0% probability that the market is not going to close either above or below the next channel:
TOP: 94.68
BOT: 83.35
Lastly, based on previous calculations, we have:
31% to hit the previous weekly high of 93.8
65% to hit the previous weekly low of 84.65
OIL UPDATE Oil is for sell to me
I think today target is -1.8% approximately 86.5 $
I sold the top of Friday , i wanted you to know that some times market try to make you believe that your idea is wrong .
Further , i believe we had more down side .
Ill update if some thing changes
GOOD LUCK
Oil Target 100$ WTI Trade in start of wave C .. Trade above 89.00 support the up trend to target level 100 .... Close under 88 Cancel this idea
Oil update HAPPY FRIDAY
This week was amazing sold from 92.5 to 85
7 $ in three days
Iam not expecting much movement today maybe back to yesterday low .
Ill update if we will go higher than 87.7 $
AS always i will take profit in blue lines
GOOD LUCK
High-risk buying opportunity USOIL !The price is now within the buying areas, but it is high risk, and is now based above the moving average 200 with an uptrend and within the demand area, but with this there will be risks, if it closes below the demand area, there will be more downside.
It is an opportunity worth entering into, but with a small contract that fits your wallet
Note: Opportunities do not end, but your account may expire quickly if you covet this market.
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Note: If you are a beginner trader, you should be aware of these rules:
1: Do not covet
2: Don't trade too much
3: Secure your positions after entering the profit
4: Enter contracts that fit your portfolio
5: Adhere to all recommendations
Oil daily trade Good day all !
It has been wild 2 days before
In mean time my prediction to go 86 -85 was great
I sold the top 92.5 to 85 just in 2 days
Thats why doing homework will pay off sooner or later
Today 86 easy target any pull up for sell to me
GOOD LUCK
Oil M15I am looking for sell opportunity around 89
we have negative news around oil and China industry
Oil update (read below)Now oil reach the target in selling .
WHAT NEXT !!!!
I believe some pullback tomorrow to 90.5
Then more down ahead
GOOD LUCK
UKOIL LongEntry at 93.5
Sl at 90.5
Tp1 at 96.5, Tp2 at 99.5, Tp3 at 102.5
Remember, risk only 1-2% of your account!
Oil update Yesterday oil tried to pass the 93 $ but failed .
In mean time formed a double top pattern .
Not to mention we already failed to pass the Fib level 0.62 and cracked the uptrend and back test it yesterday .
Going down to 88 is normal
GOOD LUCK
Looking bearish ?Hi traders I’m just waiting for confirmation to sell oil if it breaks this channel take profit at 90
Stop loss at 92.5
Good luck all if you like my idea like and share your opinion ☺️
Oil update Oil respecting the upward channel and failed in broke it .
Now down side already confirmed and tomorrow we may see it starting
Some wasting time today , but yes that trading some days are nothing to do .
GOOD LUCK
Crude Oil Volatility Forecast 7-11 November 2022 Crude Oil Volatility Forecast 7-11 November 2022
We can see that this week our volatility is at 6.63% which declined from 6.88% last week.
Currently according to ATR we are on 61th percentile, and according to OVX we are on 85th percentile, indicating in both cases, that we are currently is volatile market.
Now, based on the implied volatility data that we have for this week, lets look into further details.
We can see that currently there is 29.1% chance, that our candle is going to close at the end of the week either above/below the next channel
TOP: 97.25
BOT: 84.73
This can also be translated as a 70.9% chance that the market is going to move within this established range.
At the same, looking at the previous high/low values of the candle, and taking into account the entire history available of data, we can expect that there is going to be a
71% chance that we are going to touch the previous high of 93.05
30% chance that we are going to touch the previous low of 85.5
Oil daily trade Oil is bearish today , this week , this hours
DAILY TARGET SHOWS IN BLACK
Iam a seller with target 85 $ initially
I think today it touched 91.4
But still in my view thats the biggening of down wave
GOOD LUCK
Brent Crude Oil Simple Chart AnalysisIf you can recall back Oct 20th Crude chart guidance was to monitor its retracement ended. We can also see there are red chip progressing during those rise period. So i assume if tomorrow crude future turn green, very likely it will goes beyond 100 here.
WTI CRUDE OIL SEEM SELL CORRECTION THEN BUY....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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Oil update Oil stopped pulling near monthly support area 92.67$
Yesterday i sold 92.37 $ what to expect this month
Will dollar effect yesterday was huge and un expectable.
I think bull back to 90-89 is more than normal .
Next session in Monday ill take profit
In my opinion we can go to 100 if we break th 93 area further if we break 84 we will go to 73 area
GOOD LUCK
Oil update I sold today in red line (92.3-89.7 -90 )
Price is 91.2 (aproximetly in middle ) i can close if i need
But but , the target is 85 now
Lets see hoe its play
GOOD LUCK
