Trading Ideas
USOIL 49.00£
Wed, 18 Oct 2017 22:19:55 -0500
Looking for a simple touch to the bottom of the ascending channel on OIL. Looking for a nice drop towards the 49.00 Level.
USOIL-H4-Perfect bearish gartley
Wed, 18 Oct 2017 21:41:16 -0500
Im already short here since few days ago. Price formed a perfect bearish gartley shown on chart. We see price already reacting to the PRZ, i think we still could enter short positions here. Best regards
USOIL - Today is the important day.
Wed, 18 Oct 2017 19:01:59 -0500 Today or tomorrow surely will be the important day to decide either market go up or go down. Now market has two choice. Break the resistance or bound. if break, 52.70 / 53.00 will be the next destination.
Another short for USOIL
Wed, 18 Oct 2017 13:29:59 -0500
Currently located at critical pivot point and resistance zone. Likely to fail and turn around. Can short at the top to.. 1st TP @ 45.80 2nd TP @ 42.92 I think it'll go down to 2nd TP zone. Watch for the breakout on the wedge... Likely around 48~49 area.
Usoil : Buy dip near 51.3 level
Wed, 18 Oct 2017 10:14:55 -0500
Price has been testing 52 level for the third time, also stand firm on 51.3. A ranging condition means increasing uncertainty, while I'd like to hold bullish bias to the symbol as price has retested 51.30 with pin bar.A FA factors also boost the oil, but it won't be a good idea to buy market price at 52. Buy dip instead. Still holding long trade in line with my previous idea below.A three wave drive pattern shows the target can be set to 53.27 and 54.45 after consolidation above 52.
Crude Medium Term
Wed, 18 Oct 2017 06:21:34 -0500
This is a follow up to my crude medium term idea (please see the related idea link below to view the original idea), So far buy orders were filled at 49.22 for a target to 53.94, momentum looks to be slowing and it is likely that we may see a dip, to me dips will be good opportunity to build the position. So i am still holding my bullish stance on crude. Strategy: Rebuy on dips to build the position, while move the stop to b/e for 49.22 filled orders.
Probable bearish setup, WW po5" with ab=cd, fib's confluence.
Wed, 18 Oct 2017 06:05:35 -0500
Details on the chart.
Wed, 18 Oct 2017 05:03:18 -0500
Hello traders, i hope you are having an excellent trading week let's see the technicals of oil. First of all i want to reminde you an article i have written a long time ago which was saying that sooner or later the bullish fundamentals of Oil would take control and that exactly what happened after all(I have attached this article below.) So after a short correction rally to the upside let's see what the technicals have to say. TECHNICALS OBSERVATIONS 1.We can notice the long-term blue descending channel and the short-term red ascending channel. 2.RSI looks bullish as we are above 50 at 60 level which implies that we have space for some upward momentum. 3.The 200EMA is flat and the price is above the EMA which favors the longs trade. 4.We have also the Ichimoku cloud,trend line and 200EMA as a support with bullish signs. 5.We can see also the support and resistance areas with the black dotted lines.Next resitance level is 52-52,30 where the price is now and after this is 54-55 level.Next support to the downside is 49-49,20 level. THANK YOU FOR SUPPORT! HAPPY TRADING! KEEP FOLLOWING FOR MORE PROFITS!
Complete Cypher on WTI
Tue, 17 Oct 2017 23:34:26 -0500
There is a Cypher pattern completion on WTI. I think this is quite a decent trade because it got a nice RR ratio. Please trade with care :)
USOIL Perfect C&H Symmetry Across The Board
Tue, 17 Oct 2017 22:54:41 -0500
Never seen a long term pattern with this potential
17/10/2017 US Oil Analysis
Tue, 17 Oct 2017 20:13:45 -0500
Price has reached the resistance level. Wait for a rejection or breakout
Short coming up on oil
Tue, 17 Oct 2017 18:51:10 -0500
Short coming up on oil
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