Get started

Wtisell

USOIL, It's time to short !I'm expecting Oil will falling till 39 - 38.80 which is the 4th support in 30 days. It's because of the fundamentals, 1. OPEC countries try to cut output, but US selling there inventories. 2. US Oil inventories data comes negative. 3. US drills new rigs, so new inventories to sell because they want to collect 16 billion doller from Oil selling. 4. Mexico sells 10 blocks in the sea for Oil. some retracement is there looking forward towards the supports........
TVC:USOILShort
by Luffy-Pirate-King
Last wave before low tide - Oil's 2016 highs are behind us.Been a while since updating, all looks good on Sine timeline.... Still on track for low on/about Jan20th. Purple is the wave short pattern. SineTC says price will be at significant low, and below the wave starting point at end of Timecycle. Depending on wave duration, most price drops are over 20% from staring point. The cycles are not the Red/Green visible sine wave, the Cycle is the timeline difference between the apex of the two waves. Each wave is at different frequency. Thus you have waves at different length, from a few days to few months. Direction of wave (up/down) has no barring on this study. The wave is used as a timeline, and the offset is the length of cycle. I expect we will run up (20th) Monday morning US on opening.. I expect this run will hold below 53.25 on the 1hr, but regardless of price I plan to short as soon as I have confirmation Monday afternoon or Tuesday AM. For now our target is 40 by Jan 20th. We are currently short oil. See linked for more info. Trade safe.. make money!
TVC:USOILShort
by BigEz
9
Comex Trading Tips and Market Analysis - OIL SHORT!! H&S?!Overview : US oil surges 6.2%, closes at $31.48 a barrel after a group of oil-importing countries said energy stockpiles will grow at a slower pace on monday. On Technical charts, Very Short term trend of crude is bullish, it has given upside breakout from downward sloping trend. Now market is making higher top and higher bottom formation on chart. Market is likely to be further bullish, it has retrace its recent significant upward movement and still sustaining above the downward sloping trend line. It has been taking support of 50 DMA & 200 DMA on one hourly chart. Resistance is seen at high of $34.80, while support is seen at $31.25. On intra day basis Crude oil price likely to trade with positive biased. RSI entered in negative now and trading at 47.48. www.tradingsignalreviews.com
FX:USOILShort
by TheBanker