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Oilsignals

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.
NYMEX:CLQ2020
by Zoen_Trieste
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! ⭕️ ✅ Scroll Down 👇 ⬇️ to signature section for 📲 contact details 💰💰💰 Profitlio Trading ( Since 2014 in Financial Markets ) ________________________________________________ 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.
TVC:USOILLong
by Profitlio_Trading
USOIL Evaluation on potential up coming direction indicatorsA few if and buts in here, however: If we continue in a downward trend towards 31.4/31.45 region and then begin heading up again, Without breaking 32.0 Then if we continue with a positive trend between 7:00 and 7:30 We can expect the climb positive out of here. If however it breaks the 31.4/31.45 region, or turns negative during the 7:00 to 7:30 window then we can expect a negative turn from this wedge. If it falls into the 31.13-31.28 region we can also expect a downwards trend to follow.
TVC:USOIL
by BarrieWallace
PGSVY Hello TV, looking to take a long here on PGSVY I had to zoom in b c the chart is so gappy but the next gap to fill is around .98c. With the dollar looking for support B4 the next bounce and WTI in the upper channel looking to test $43 this looks like a nice long scalp. The risk is pretty low with a SL around .24c if things go bad. You don't want to be in below that price as that .22c area and below brings fresh historical lows. I would simply cut looses there and look to re enter where ever pgsvy actually does bottom. I think this TP can get hit B4 June. This is OTC that is also a risk. good luck everyone.
PLong
by Big_Mike716
SCOHi guys, I got stopped out today by the squeeze happening in WTI.. This is what I'm thinking will be the path going forward, I thinking with option expirations the DXY has gone ahead and did the exact opposite of what I thought was going to happen, and I remember thinking that the dxy break out looked rising wedge patternish when I was still watching the break out. But I will most likely re-enter my SCO position on Wednesday or Thursday if the price hits $25 and starts to recover as I think it will. I think the DXY will get a spring off the 98.8 area as well which will apply pressure to #oil prices.
AMEX:SCOLong
by Big_Mike716
Peaks on OilPrevious resistance points can be observed at $31, $33, and $35 from mid-April. We could see this rise in Oil price reach one of these peaks, before heading back down as Oil storage reaches a maximum and a second wave of Coronavirus cases occur. This drop is likely to happen over the coming week, so a good opportunity for a Short on Oil, potentially reaching $20 or even $10. We may have already hit a peak on Oil for the timebeing, on the other hand, we may hit a peak at one of the mentioned resistance heights in the near future. Displayed are potential pathways for Oil to head.
TVC:USOILShort
by MAdshead