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Crudeoillong

Mar 8, 22 Crude Oil TP Hit-Nice ProfitsYesterday I posted my Buy Order at 123 and price action just hit my Take Profit at 128 as Biden just announced he will probably sanction Russian oil later today. This of course spiked prices up huge in less than 10 minutes. How high will Oil go? Not sure. But I'm out of this market for now. I will keep you updated if there looks like another trade opportunity. Congrats to traders who followed this call - Enjoy Your Profits! Stay safe. Heiko
SKILLING:XBRUSDLong
by HEIKOTradingSystem
Mar 7, 22 Crude Oil Buy Order at 123On the 4 hour chart, I put a Buy Order in about 30 minutes ago at 123 for Crude Oil. This is in the anticipation that Oil will continue to go up as the war continues. Can you believe there are economists now calling this WW3????? YIKES! Anyway, volatile markets so hoping we can all make some money off of this craziness. I'm looking at a minimum TP of 126 - I hear it will hit 130 over the next few weeks, so I'll keep an eye out to see how quickly it goes up. I certainly might move my TP up if price looks good. I'll keep you updated - stay safe. Heiko
SKILLING:XBRUSDLong
by HEIKOTradingSystem
Oil Trade AnalysisOil has reached an important price level, which will determine the trend for the following week (at the very least). From here I see only three possible scenarios, starting with the most likely one to occur. 1) Price pulls back from the resistance level, as I presume a lot of people will be shorting the high level of 25th October. Alternatively, it can consolidate in this area until all the shorts are absorbed. Then, it pierces through that level and blasts up. If you are breakout trader/investor, that would obviously be the moment to buy. I probably would wait for some pullback, just in case we see scenario 3, discussed below. 2) Price bounces off that resistance, consolidates for a bit and then drops down, in which case I am looking to open a short position. Pretty straightforward. 3) Fake-out, although most unlikely out of the three, still quite possible. A sudden spike up will trigger the stop losses of the short players and will invite the breakout traders to open their longs. A quick drop afterwards would kick the latter's stop losses and eventually you are left with a much smaller amount of participants in the move. This is one of those levels where you don't necessarily set a limit order, but wait and see how price reacts.
CAPITALCOM:OIL_CRUDE
by Quant_
Oil Long SetupOil Long Setup - 3 Levels 🔵 Entry Level: $82.89 🟢 Take Profit: $85.29 (2.26) ⛔ Stop Loss: $81.83 🔵 Entry Level: $81.21 🟢 Take Profit: $84.35 (3.78) ⛔ Stop Loss: $80.38 🔵 Entry Level: $80.31 🟢 Take Profit: $82.83 (3.27) ⛔ Stop Loss: $79.54 Reasons: 1) I've marked the three levels of interest that I have for opening long orders. I will be monitoring each one BEFORE opening a trade, so I don't have them set as limit orders yet. 2) For Level 1 I would like to see a double bottom forming. If it doesn't I am inclined to set a limit for Level 2. 3) I am certainly setting a limit order for Level 3 if I see the other two levels fail, since that diagonal trend line in the ascending channel so far has been well respected. If it doesn't hold up, I will be looking for opening shorts only.
CAPITALCOM:OIL_CRUDELong
by Quant_
OIL-CRUDE CHANNEL PATTERNHello Welcome to this analysis about OIL-CRUDE , we are looking at daily timeframe perspectives. OIL-CRUDE is developing here that will be a decisive factor in the upcoming times. I discovered the main formation OIL-CRUDE is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how OIL-CRUDE has emerged with this key channel pattern marked in my chart with boundaries. which is an important Support and also psychological support-mark together with the lower-boundary of the channel-formation a pullback In this manner, thank you for watching my update-analysis about OIL-CRUDE and its major channel-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
OLong
by shanechart
1
Tuesday: USOIL - Week 30Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the support! ----------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------- SMASH that follow button! 👍 💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you! RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
TVC:USOILLong
by INotFancy