Curdeoil
OIL BREAKOUT LONGTen day consolidation in indecision is over, which manifests itself in objective reality in a form of a bullish breakout.
Therefore a bullish continuation is expected. If there is a pullback, one might consider a long.
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OIL CFDHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, I suggest you keep this pair on your watchlist
production and this may support stability in the oil market and may lead to a slight rise in the near term
WTI OIL (USOIL) Rebounding Process?!The report says that China is moving forward with plans to buy up oil for its emergency reserves after the epic crash in oil prices over the past few weeks. Beijing has asked departments to quickly begin filling tanks and options to lock in the current low prices in the market. Also noting that Beijing may use commercial space for storage as well - in addition to its state-owned reserves. At least with China stepping in, it may help to briefly support prices somewhat in the near-term but don't expect this to change the grand scheme of things.
USOIL Potential Oil Hidden Strength?OPEC said to be pushing for more than 1 mil bpd of output cuts. Russia said to have opposed plans to deepen OPEC+ output cuts by 1.2 mil bpd. We can't forget BOC rate decision ahead and which should create some volatility in the loonie and it might have some positive or negative effect equal for oil aftermath but I think there are hidden bulls at the oil market.
Oil On Continuation Chart PatternA rising wedge formed during a downtrend typically results in a CONTINUATION (downtrend). Price floating below daily pivot level so far indicating bearish sentiment on the oil market.
USOIL 26/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
BITCOIN SIGN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES WITH SM
MARKED LINES - POTENCIAL ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!
Analysis of short-term #Curde Oil #WTIIn general, the WTI (Crude Oil) has been declining for about a month, currently, the oil is close to the resistance at 54.3. As can be seen in the chart above, our strategy is to sell close to 54.3 and buy close to 50.8
Crude Oil D1 Setup Wait For Retest and continue falling Crude Oil D1 Setup Wait For Retest and continue falling we recomend Sell From Selling Zone . we expecting big sell
