trad070

trad070

As discussed in yesterday’s plan over @ Voila's Oil Trading (substack) why 69.40 key level will be delivering a strong push towards our 1st top of range target - 72.50. WTI 4 hour: WTI is pushing off 69.40 our intraday support . This buying will need to sustain above the 69.77 daily pivot as we look for a definitive break of 70.35 today… towards the 72.50...

trad070 Updated 

11.15.24 WTI / USOIL / CL Plan The 69.4 - 68.5 area has proved tough resistance. Long aren’t currently favourable, unless a retest shows a daily pivot reversal off 68.00 once more. Price has rejected the 68.62 d.p. thus it’s likely to see bigger selling towards 66.30 (monthly 200 ema) as the 68.00 level is broken.

trad070 Updated 

11.14.24 WTI / USOIL / CL Plan 69.40 and 70.35 levels are targets for this next move off 68.00. Note that 70.35 level is backed by intraday (4H) 200 ema resistance. For in depth, check bio!! (Voila's Oil Trading - Substack)

trad070

s3.tradingview.com Monthly will retest 151.86 before any meaningful pullback back to retest previous higher high @ 146.50. Looking for longs tomorrow. s3.tradingview.com

trad070 Updated 

Crude moved downwards today but looking for a small retracement as it hit support area.

trad070 Updated 

Targeting 132.995

trad070 Updated 

Short trade.

trad070 Updated 

Price has been moving up all day to cover Friday's gap. Now its at a key resistance so going short.

trad070 Updated 

A conservative target of 78.70 to be reached by end of NY session. After 10 Years of consolidating (typical for crude):

trad070 Updated 

Price retracing - short term target 1.05975.