CRUDE**CrudeOil:** This week's forecast is for the price to continue to fall.Shortby simaoxcepsPublished 331
CL!10/27 - 11/01 -Looking for good pull back in oil to go long. -Daily closed with bullish ENFG to previous day -4H is showing bullish structure -1H is showing some CONSD. with new support around 71.5 -30 min is in line with the higher T.F SO A GOOD PULL BACK into previous structures/imb Iwill entertain BUYS! $73 IS A PROFIT TARGET Longby Eobrien9Published 221
Possible sellOil may drop towards the immediate support structures if it fails to stabilise above the above resistance barriers.Shortby Two4One4Updated 112
Tracking Inflation with this Ratio - Crude Oil vs Gold RatioThe Fed is using this Crude Oil vs Gold ratio in tracking inflation. The one in white is the inflation and the one in yellow is the Crude Oil vs Gold ratio. We saw that when inflation peaked at 9% in June 2022, so did this ratio. Although we recently saw a cut in interest rates, the yields are now moving higher, and gold has maintained its high point. This makes us wonder: will inflation move toward the 2% target, or is it still at risk of rising further? Micro WTI Crude Oil Futures & Options Ticker: MCL Minimum fluctuation: 0.01 per barrel = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Editors' picksLong06:40by konhowPublished 44190
Review of yesterday's post10.22.24 This is a review as it pertains to yesterday's post. I would focus on how I would consider taking trades and managing trades if I already am in the market... as well as missing trades and looking for a second chance. it's very hard to have flexibility in your trade decisions if you can only think like a buyer or a seller.....markets usually give you a second chance if you missed the first chance.30:48by ScottBogatinPublished 4
Crude Oil Short Term Possible Uptrend The price of crude oil has shown indications of a potential short-term rise. However, current analysis suggests that the overall trend remains bearish, indicating potential downward pressure in the longer term. This is not a financial advice.Longby Charts_M7MUpdated 7
Bullish Crude Oil Trade IdeaCrude oil is set up for a bullish move, driven by supply-side constraints and stronger demand. Recent inventory reports have shown lower-than-expected stock levels, signaling tightening supplies. Additionally, OPEC's continued production cuts and geopolitical tensions are likely to support oil prices in the near term. I'm anticipating a rally toward key resistance levels as the market reacts to these fundamental drivers.Longby trader9224Published 4
WEEKLY FORECAST OCT 26th: SELL US & UK CRUDE OIL In this video, we will analyze the CRUDE OIL markets in the US and UK, looking through the lens of ICT Concepts. Price has traded up into a bearish FVG, so therefore I am BEARISH. Price can turn neutral in this geopolitical environment, but maybe the inside bar will act as a harbinger of bearish things to come. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise. Short17:49by RT_MoneyPublished 3
US OilPair : Crude Oil - US OIL Description : Completed " 12345 " Impulsive Waves Bearish Channel as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Demand Zoneby ForexDetectivePublished 4
CRUDE OIL Breakout done!This chart shows a breakout setup, with the following levels as targets: Breakout level: 5,935 (23.6% Fibonacci) After the breakout from 5,935, the targets are: First target: 6,038 (38.2% Fibonacci) Second target: 6,123 (50% Fibonacci) Final target: 6,209 (61.8% Fibonacci) The invalidation level is at 5,771, where the breakout setup would be considered failed, indicating a potential revisit of the recent lows. Longby TheSnopPublished 3
Crude on BuyCrude Oil now on bullish because of start the tomorrow meeting for China, India & Russia 1st Target : 5960 Longby prnav10Published 4
Short Crudeoil sold@5900 sl 5958 tgt 5809 This is for educational purpose only. I'm not a SEBI registered analyst.Shortby LazyBullearUpdated 2
WTI crude hints at cheeky bounce to $72WTI has fallen over 11% in seven days, and the loss of momentum around $70 could appeal to bullish swing traders. We're not looking for anything heroic here given the mixed signals on futures positioning, but it might be able to deliver a cheeky bounce higher over the near term. MS.Long02:33by CityIndexPublished 3
#202442 - priceactiontds - weekly update - wti crude oilGood Evening and I hope you are well. tl;dr wti crude oil: Bulls nowhere to be found. We are near the minor bull trend line starting from the September low below 64 and it is more likely that this trend line holds and we do not go below the October low 65.74. Can you long this based on that assumption? I would not. Wait for bigger buying pressure and break of the bear trend line currently around 70.4. Can you sell this? On a pullback yes, but not below 70. Quote from last week: comment: Bullish doji on the weekly with big tails above and below. 71.5 is a good low and likely to hold. I do expect another try by the bears though. Only question now is will we see 77+ before 74? I don’t know. So watch for momentum and hope along. I still favor the bulls for at least a retest of 77/78 but I do think we can hit 80 again. Given the strength of the move up, it is reasonable to expect a bigger second leg to 80 or higher. comment: Bulls started ok on Monday and the close was neutral but Tuesday really killed every last bull who bought above 71 and hoped for a second leg up above 75. Market has now left a giant bearish island reversal between 71 and 72.5 and that is as bearish as it gets. Bulls last hope now is to hold above the bull trend line at 68. current market cycle : trading range (triangle on the weekly tf) key levels: 63 - 78 bull case: No more bullish thoughts from me for now. Only an event can save the bulls. Monday they had another chance and they blew it on Tuesday. Now market has formed a big bear wedge but the hope that this will break to the upside is slim. Bull trend line at 68 has to hold or bulls will give up until 65. Invalidation is below 68 bear case: Bears won last week big time. Now they want to run all the stops below 65 and retest 63.46. Problem with their case is the bull trend line and the bear wedge. We are trading at the lows and above the bull trend line, which is a bad spot for new shorts. Any short around the daily 20ema near 71 is probably a decent trade. Invalidation is above 72. outlook last week: short term: Neutral but expecting a retest of 77 and higher again. The closer to 74 you can long this, the better is what I think. → Last Sunday we traded 75.56 and now we are at 68.69. That outlook was garbage. short term: Neutral 68-70 but leaning bearish near 71. Not the best spot to trade currently. medium-long term - Update from 2024-10-20: No idea where this wants to go in the remaining 2 months of this year so I am neutral until we have a better pattern. The big triangle on the weekly chart is alive and until that changes, no more updates. current swing trade: None chart update: Removed bullish pattern, added bear gap and bear wedge.by priceactiontdsPublished 1
Bearish Crude Oil Intraday Trade Ideaongoing concerns about demand, alongside mixed global economic data, may weigh on oil prices in the short term. I'm anticipating a move lower, targeting key intraday support levels. Stops will be placed above recent highs to manage risk, while looking for continued bearish momentum as the market corrects from overextended levelsShortby trader9224Published 1
CRUDE**CrudeOil:** This week's forecast is for the price to continue the trend.Longby simaoxcepsPublished 114
Light Crude Oil Futures: Bulls vs. Bears – Big Moves ComingAlright, trading fam, let me set the scene. We’re sitting at $69.40 right now, and the market is coiling like a wave that’s either going to barrel or wipe out everyone trying to ride it. This is one of those setups that makes you lean in because, whichever way it goes, it’s going to be a ride. You ready? Bearish Path – Things Could Get Real Slippery If the price slips below $62.30, it could open up a steep drop to as low as $17.12. Yeah, that’s a long way down. It’s like paddling into the wrong break and realizing there’s no way out without eating sand. If the bears manage to break that key support, all bets are off. Think demand drops, rising inventories, or a stronger dollar that sends oil spiraling lower. Traders who’ve been short are already eyeing this level—if it breaks, they’ll be riding that wave all the way down. Bullish Path – Eyes on the Double Top But here’s the flip side: if the bulls show up and break through $89.10, we’re talking about a potential double top formation. And if that double top gives way? It’s all gas, no brakes, with $129.25 in sight. It’ll take some momentum to push through—maybe supply cuts or geopolitical tensions—but if the bulls catch that wave, it could be a smooth ride to higher levels. What’s the Move? Right now, it’s all about staying patient and reading the flow. If $62.30 holds, you know the bulls still have some fight in them. But if they lose that level, the bears are going to have a field day. On the other hand, if the bulls break through $89.10, it’s game on to higher highs. This is one of those trades where the chart is giving us clear levels, and now it’s just a matter of who takes the wheel. If this breakdown gave you some clarity, follow, share, and pass it along to anyone else riding these markets. Let’s keep an eye on these levels and catch the right wave when it comes. Mindbloome Traderby Mindbloome-TradingPublished 2
Cude OilCrude oil is gaining momentum, with market fundamentals supporting a potential rise in prices. Ongoing supply constraints, alongside steady demand, provide a favorable backdrop for further gains. With crude oil finding support at key intraday levels, I'm looking for a move higher toward the next resistance zone. Entering long on pullbacks offers a good opportunity to capture the upside.Longby trader9224Updated 4
Bullish CrudeCrude oil is gaining strength as global demand continues to rise, while supply constraints persist. Geopolitical tensions, OPEC production cuts, and a steady decline in inventories are all contributing to upward pressure on prices.Longby trader9224Updated 1
CL1! Chart Idea - Swing Short SetupSwing Short Trade Setup - 8-10 Weeks Entry: 82.00 TP1: 74.10 TP2: 66.86 SL: 84.84 RR: 5 to 1Shortby smwajeehUpdated 1111
WTI song remains the same increased volatility still in rangeAlthough we have had a choppy ride in oil in the past month due to tensions in the Middle East, has anything changed? no did this chart at the beginning of the year and the song remains the same trapped inside a range. The clearly defined range is $54/$89 so until we break out cant see the picture changing by MarkLangleyPublished 1
What is happening to oil?This channel is not providing individualized trading or investment advice, nor is it a banking service, brokerage service, trading service, investment service or money management service. It is just an educated guess. 01:34by dpopoviciPublished 2
CRUDEOILCrudeoil is moving in a range bound condition. It is indecisive for moment and no directional move seen This chart is only for educational purpose and do your own study before taking any tradesby be_you_akshayUpdated 4