WTI H1 / Opportunity for a Short Trade 💲Hello Traders!
I see a good opportunity to execute a short trade on WTI H1. I expect the BOSS at the price of 77.80 to be taken, and in case of retracement, I will look for a short trade entry.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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Wtisell
WTI H1/ Bearish Market Continuation, SHORT TRADE SIGNAL !💲Hello Traders!
This is my idea related to USOIL H1. According to the market structure, I expect a continuation of the bearish market, and at the moment I see a good signal for a short trade as the price reacted from the OB.
My target is the level below the BOSS.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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🚨 WTI HIGH PROBABILITY SELL SETUP SOON 🚨🚨 WTI HIGH PROBABILITY SELL SETUP SOON 🚨
* Here we can see clearly the next potential moves for West Texas Intermediate Crude Oil, in coming days or week.
* Im thinking there might be a Down Trend Move happening FIRST to form the Inverse Head & Shoulder Reversal Pattern before the Huge Bullish Move to Up Trend.
* I've labelled where i can see the Inverse Head & Shoulder that MIGHT happen or not.
* I've got Multiple SELL trades to look at.
* First SELL position is going to be a quick SCALPING move to execute.
* EP(SELL): 70.263
* TP: 69.910
* No SL provided for this trade, use your own discretion.
* Nest EP(SELL) is for the Next potential Big Drop to form the Shoulder.
* EP(SELL): 69.623
* TP: 68.951
* TP2: 68.016.
* No SL provided for this trade, use your own discretion.
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FXKILLA *
WTI SHORT TERM RECOVERYWTI recovered some of its loses yesterday after expectations of supply slow-down due to the hurricane in the Gulf of Mexico. But the continuous straightening of the US dollar and the expectations of continuing slow-down of Chinese economy might decrease the demand of crude oil. This will probably put further pressure on the crude oil price. Bearish traders might take advantage of this scenario by waiting a bit for WTI to reach more favorable levels and enter into positions.
Although technical indicators on the 1H graph show "Buy" signals, on the 4H and the daily graph the indicators are still bearish, with MACD histogram below 0 line and RSI below 50 neutral line. This might indicate that the recovery is temporary and the bearish move has not finished, but just slowed down.
If bearish trend continues the price might test levels of 72 USD, but if the trend makes a more permanent reverse, it might test its previous high at 86 USD.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
WTI BEARISH OUTLOOKWTI reached its 8 months low, after the spike in price from the invasion in Ukraine. Investors are afraid that combination of increasing interest rates and high inflation will slow down the economy, from there and the demand for crude oil. The economic slow down of China has also put a down pressure on the oil price.
Technical indicators are also placing WTI into bearish scenario, with MACD under the 0 line and RSI under the 50 neutral line.
If the trend continues, the price might reach levels of 67.5 In opposite scenario, however, the price might test its previous high of 89.5
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
MEDIUM TERM WTI CRUDE OIL ANALYSISHEY ZEYAN HERE
Hello, zeyan. I was previously fairly bullish on oil, but as I can see now, oil prices will be settling back to below 100, with 82.50 being the next best probable position.
this is an idea a plan in a uncertain chaotic environment out of multiple plans to be certain
IF anything happens that changes the fundamentals of this idea, i will update.
please note that this is not financial advice. do your own research and use this information as conformational biase on top of your own analysis.
like for support!!!!
wti shortHey guys!
Trading should be simple, when you over complicate things you are usually way to attached mentally/emotionally to a setup/trade.
Here's WTI.... OPEC coming up again tomorrow with the first meeting being a solid "nothing", and that "nothing" helped us form a pullback, but that pullback resulted into a lower high... meaning this is now a solid bearish setup.
We are short on WTI and you can see why,
- bearish wedge
- Lower high on RSI
- Lower price action high
- Double top rejection
Good luck trading!
Cruse Oil (WTI) - SHORT; SELL it here!! ........ for the better part of "Eternity". (Well, at least for the foreseeable future.) A soon-to-bottom U$D also will not help WIT's cause. This market was, is and remains, at these levels, nothing more than just one part of the global speculative bubble. We shall meet again at $30.
usoil looks bearishWhen i see a spining top on a 4 hour or 2 hour and daily,it could go down. But not too fast, we'ree also having a big fundamental news at 15:45 and 16h.
So depending on best positive news you take up or down. Beautiful set up. In my opinion the dollar news could be stronger, because the dxy broke the weekly level.
Let's see what happens in a quater minute
Have a nice risk management day
Kenji signals: sell Oil (WTI)Today, the indicator "Kenji" on the daily Oil (WTI) chart generated a sell signal.
Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of Oil (WTI) is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same time, current prices entered the sales zone, which led to the formation of a "sell" signal. This short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a strong divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, frequent changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a very useful tool both for novice and experienced traders.