Get started

Usoiltrade

(20180717) Be careful of inflection points!Hi ~ Traders! It is wemoa of allaboutforex.net. Let me tell you about the market conditions of the July 17th Crude Oil. Crude oil is currently in a trend of upward trend. But the price has been falling since the double-top pattern. Maybe it seems to have fallen due to oversupply concerns. The oil is now standing on a big crossroads. Will the trend be reversed at all or will the upward trend continue? If the price rises again from the upward trend line, it will continue to rise again, but if the price breaks down the trend line, the market price may fall sharply. If you currently trade, it would be wise to enter the sell position Whether you want to switch positions from the trend line or the inflection point of the trend should be watched a little. To find out more information and market conditions Visit www.allaboutforex.net! When you subscribe, you can receive free signals every day. For real-time trading signals, please visit our homepage!
TVC:USOIL
by tony_papa
USOIL TVC Crude Oil - Short Opportunity 6%+ Drop Potential!USOIL just impulsed from a large bear flag and appears to be forming a smaller bear flag continuation for a re-entry short position to go lower. Potential bounce areas are shown in ray lines. Position is confirmed with impulsive break from flag, set your order and tight stop loss right above the flag pattern. Position is invalided if pattern forms a downward moving correction. As much as 6% or more drop potential is here.
TVC:USOILShort
by theflamingfalcon
6
Crude Oil Medium TermMy previous analysis for long crude at 65.74 for a target to 72.95, just hit 72.25, but still my stance is the same, price action remains bullish with succession of highs and lows and still within multi-months bullish channel, so far it is testing the top of the monthly channel, but still longer term momentum indicators suggesting scope for crude to visit higher levels. I have close eyes on this market, personally will try to build medium term positions on pullbacks. Anyway lets see how market moves on...
TVC:USOILLong
by UmarAbdurRehman
1
USOIL trade 4.7 Trend followingI entered my 3rd trade on USOIL this morning, on a pullback in a possible overall downtrend My reason for entry was a new "stair" in the uptrend and presented a beautiful entry. Entry: 46.86 My take profit is set to high of the previous range and under 61.80% retracement TP 48.00 My Stop loss was 50 pips. That gives it room to move around without this trade being wrong. It's also a good rule to keep your stop loss as closely as possible but far enough for it move around before going in the desired direction. I set my stop losses around 50 pips and previous S/R levels SL 46.36 Overall the price could be in a descending channel but there is nothing back it up on the lows. The buyers keep pushing the price up. The momentum is starting to slow down a bit, we are starting to see stronger holdups before pushing higher and even small pullbacks. The sellers are starting to show some presence.
TVC:USOILLong
by iskald