Oilsignals
OIL Trading PlanPattern: Channel Up on 4H.
Signal: (A) Buy as the price rebounded near the Higher Low trend-line of the Channel Up, (B) Sell if the 4H MA200 breaks.
Target: (A) 42.30 (Resistance) and 43.30 (Higher High of the pattern) in extension, (B) 38.00 (the Higher Low of the wider Channel Up).
Most recent signal:
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OIL Trading PlanPattern: Channel Up on 4H.
Signal: (A) Bearish as long as the 42.50 Resistance holds, (B) Bullish if it breaks.
Target (A) 43.30 (Higher High of the wider Channel Up), (B) 40.50 (just below the 4H MA50 and above the dashed Higher Low trend-line)
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WTI CUDEHello traders, here is the analysis from our team :
We feel, Pullback is in works.
possible 30 to 32. But may see lower to even 23.
Four outside bottoms, This could be inside bottom.
Let us know in the comment section below if you have any questions.😉
OIL Sell SignalPattern: Channel Up.
Signal: Bearish as the price failed to break the Resistance and th 4H RSI is at the top of its Channel and a similar bearish formation has been seen 4 times previously.
Target: 37.50 (just above the Support Zone).
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USOIL; SHORT The recent optimism in oil markets has left many analysts scratching their heads, with no real fundamental reason for the shift in sentiment.
Demand projections that suggest Asia or the world economy will be moving back to pre-pandemic levels anytime soon are laughable.
The only justifiable optimism for oil markets at the moment is the optimism surrounding 2021 when we will likely see a monumental supply crunch.
I am shorting with a small leverage .
If SL was Hit ,i am shorting from above .
WTI OIL Buy SignalPattern: Channel Up on 4H.
Signal: Bullish as a bottoming fractal has been formed after the price bounced near the Higher Lows trend-line since May 27 and the RSI bounced near the Lower Low trend-line of its Channel Down.
Target: 42.00 (just below the Higher High of the Channel Up).
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Previous WTI signal:
UKOIL Watch price for BUYHi traders,
If you want you can start watching for SHORT TERM Sell setups back to the previous bottom around 37.
For buyers, let the price come down to 37 then we will start watching for buy setups.
WTI OIL Trading planPattern: Channel Up on 1D.
Signal: Bullish.
Target: 42.50 (potential contact with the 1D MA200).
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Previous Oil signal:
OIL WEEKLY FORECAST 22/6/2020IN OIL WE ARE EXPECTING BEARISH MOMENTUM IN THIS WEEK NOW 40.5/41$ LEVEL IS IMPORTANT FOR DOWN SIDE TARGET 37/34$.
THANKS
CRUDE OIL - SELLPrice is consolidating in the channel.
Once it hit this level before it dropped significantly so i expect once support is broken OIL will fall to the green highlighted area.
CLQO: Up by 100%! What's next?Further to the earlier idea related to CLQ2020 contract in which there was a 100% up projection within certain time, it is now established that this contract traded the 100% up area from its YTD low, and that it is currently working the offers at this key zone. The sudden downside for long exposure that we saw earlier on today is most likely an effect of traders squaring off long exposure via profit booking. If aggressive bears are unable to gain momentum in this key area, the buy stops will surely increase the counter momentum. Staying tuned in for more.
WTI OIL Trading planPattern: Triangle on 4H.
Signal: (A) Bullish if the Lower Highs trend-line breaks, (B) Bearish if it gets rejected.
Target: (A) 40.00 (just below the Resistance), (B) 36.00 (the first inner Higher Lows trend-line).
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Most recent Oil signal:
CL, Oil Future in a good progressHello Traders,
Since 12 June, CL is taking an increasing trend, despite some up and down changes.
The pitchfork indicator shed light on the hallway and the trend support on which the CL is making progress. If the CL breaks down this support, I expect a comeback to first resistance.
The Advice about CL: In general, CL is taking an increasing path Bounded by the Pitchfork Indicator.
Oil long!!In a nice long on OIL expecting it to make new highs … nice bounce to the upside for a pull back for the impulse up !
USOIL Long Trade Setup! Welcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here on your Service, Also hit thumbs up 👍 and support the work
USOIL Showing a nice Inverse Head and Shoulder. A long trade after a perfect neckline breakout and retest will give a nice return 2-5 times higher the risk. Sketch up your own trade setup and make sure you meet with the required confirmations first before you make your move!
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Profitlio Trading ( Since 2014 in Financial Markets )
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Traders Disclaimer: Non of our analysis or trade setups being shared here on trading view 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.
OASIm thinking this stock is about done getting sold, WTIC is closing in on $42 everyday, DXY is in free fall, markets r heading to new ATH's. I'm going long for $2
OIL Trading planPattern: Triangle within a Channel Up.
Signal: (A) Bullish as long as the inner Higher Low trend-line holds, (B) Bearish if the Channel Up breaks downwards (RSI on a bearish divergence).
Target: (A) 37.00 (just below the March 10 High), (B) 26.00 (just above the Symmetrical Support).
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Oil Future for sell to dayHello everybody,
The Oil Future was in equilibrium but broken after that in point A, then it came back to the rectangle in point B and break it in point C.
The break-in point C shows that for today, Oil will go down, in a decreasing trend.
So, selling oil would be a good choice for today.
But we should pay attention, if the stock break the resistance, it could return to the rectangle of equilibrium.
