CrudeOilCrude Oil is just started downside. expecting to start moving down below swing#1. If it starts moving down below 1, then it will start moving implusively. Shortby shiva5600609
Wti Crude oilOne can Sell on Threshold(SOT) It has auctioned up very nicely and probability of it coming down is very high. It might fin ubsurd, but this is the fact. Price goes up.99 % people will buy, only the auctioneer knows that it will come down :) :) :) Shortby venusenterprisesblrUpdated 5
Breakout on Crude Oil Daily ChartCurrently, a resistance is visible on the daily chart of Crude Oil. If crude oil breaks this resistance, there may be a buying opportunity. On the contrary, crude oil can touch this resistance and go down again.Longby Sudhir-Sirohi3
WTI Light Sweet Crude Oil, 8/11/23For Friday, the 81.49 - 81.64 area can contain selling through the balance of the year, above which 86.15 remains a 2 - 3 week target, 102.96 attainable by the end of the year. In the more immediate vicinity, 84.14 can contain session strength, while closing above 84.15 indicates 86.15 within several days, able to contain weekly buying pressures - once tested the market susceptible to falling back to 81.49 long-term support within 1 - 2 weeks. A daily settlement above 86.15 indicates 92.93 - 93.53 over the following 3 - 5 weeks, where the market can top out on a monthly basis. Downside Friday, closing below 81.49 indicates a good August high, 78.02 then expected by the end of next week, 70.85 attainable by the end of September.by SpecialeAnalysis5
My view on Crudeoil Head & Shoulder forming in crudeoil in small time frame Below 6878 Tgt 6830-6800-6750 Keeping on radar Crudeoil 6900 PEShortby M_K_PUSHKAR18
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)Longby sepehrqanbari3
Moving average This is how we draw the Exponential Moving Average in the trading view desktop version 01:27by Matecic0
WTI Light Sweet Crude Oil, 8/10/23For Thursday, the 81.49 - 81.66 area can contain selling through the balance of the year, above which 86.28 remains a 2 - 3 week target, 102.96 attainable by the end of the year. In the more immediate vicinity, 84.18 can contain session activity, above which 86.28 is attainable intraday and able to contain weekly buying pressures, once tested the market susceptible to falling back to 81.49 long-term support within 1 - 2 weeks. A daily settlement above 86.28 indicates 92.93 - 93.53 over the following 3 - 5 weeks, where the market can top out on a monthly basis. Downside Thursday, closing below 81.49 indicates a good August high, 77.86 then expected within 3 - 5 days, 70.77 by the end of September.by SpecialeAnalysis0
Crude Oil Rises to Push RSI Towards Overbought TerritoryThe price of oil clears the April high ($83.53) to push the Relative Strength Index (RSI) towards overbought territory. Crude Oil Outlook The price of oil clears the opening range for August to register a fresh yearly high ($84.65), and a move above 70 in the RSI is likely to be accompanied by a further rise in crude like the price action from last month. A break/close above $87.30 (78.6% Fibonacci retracement) may push the price of oil towards the $93.50 (38.2% Fibonacci retracement) region, which largely lines up with the November 2022 high ($93.74), but the RSI may show the bullish momentum if it fails to push above 70. A move below the $82.10 (50% Fibonacci retracement) to $82.60 (23.6% Fibonacci extension) region may push the price of oil towards $78.70 (50% Fibonacci retracement), with a breach of the monthly low ($78.69) opening up the $75.10 (38.2% Fibonacci retracement) to $75.60 (38.2% Fibonacci extension) area. by FOREXcom2
Crude Oil losing momentum Crude oil is on its final push coupled with bearish divergences and major resistance zone. The last handful of times crude has reached this point on the RSI it has been followed by large declines in the following weeks. Trade safe!Shortby farmtrader15115
oil looking to retest 83after the short from earlier this morning, I see oil looking to retest 83. needs to close above the head and shoulders bearish breakout. its also currently showing a bullish abcd pattern Longby moneyflow_traderUpdated 2
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)Longby sepehrqanbari2
#CrudeOil #XTIUSD Trading The Bullish SequenceIn this update we review the recent price action in Crude Oil and identify the next high probability trading opportunity and price objectives to target •Past performance not indicative of future results01:42by Tickmill1
Golden Cross WTICrude oil, after breaking through the downtrend line, has gained a very good momentum to nearly $83/barrel. Currently waiting for the cross of ma50 and ma200 daily (Golden cross) to confirm a long-term uptrend of crude oil => Long-term buying opportunity in the near future. Currently, crude oil in the D1 frame is currently at the resistance area of 82 - 83. Yesterday, crude oil had a correction but immediately increased again, however, the increasing momentum on the daily frame is showing signs of weakening when the RSI tending to create lower peaks => Possibly in the next 1-2 weeks Crude oil will have a downward correction. This is an opportunity to buy crude oil products. The first watchable price zone to buy is the 75 - 77 price zone.Longby ngohung910
OIL ($CL_F) Impulse Sequence Supports More UpsideThe short-term Elliott wave view in the OIL futures ($CL_F) suggests that the cycle from the 12 June 2023 low is unfolding in an impulse sequence that supports more upside in the instrument. Up from that low, the wave ((i)) ended at $72.72 high in a lesser degree 5 waves. While wave ((ii)) ended at 67.05 low and wave ((iii)) also unfolded in a lesser degree 5 waves sequence. In which, wave (i) of ((iii)) ended at $77.33 high. Down from there, the pullback to the $73.84 low ended wave (ii) & the instrument rallied higher again. The rally to the $82 high ended wave (iii) & a pullback in wave (iv) ended at $78.69 low. Then a push higher towards $83.30 high ended wave (v) and thus completed the wave ((iii)). From there, OIL did a 3 wave pullback within wave ((iv)) as a zigzag structure where wave (a) ended at $81.52. Wave (b) ended at $82.55 and wave (c) ended at $79.90 low. Near-term, as far as dips remain above the $79.90 low the OIL is expected to resume the upside in wave ((v)) towards $84.09- $85.39 area, which is the inverse 123.6-161.8% target area of wave ((iv)) minimum before a pullback happens.by Elliottwave-Forecast113
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)Longby sepehrqanbari226