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Usoilprediction

(20180717) Be careful of inflection points!Hi ~ Traders! It is wemoa of allaboutforex.net. Let me tell you about the market conditions of the July 17th Crude Oil. Crude oil is currently in a trend of upward trend. But the price has been falling since the double-top pattern. Maybe it seems to have fallen due to oversupply concerns. The oil is now standing on a big crossroads. Will the trend be reversed at all or will the upward trend continue? If the price rises again from the upward trend line, it will continue to rise again, but if the price breaks down the trend line, the market price may fall sharply. If you currently trade, it would be wise to enter the sell position Whether you want to switch positions from the trend line or the inflection point of the trend should be watched a little. To find out more information and market conditions Visit www.allaboutforex.net! When you subscribe, you can receive free signals every day. For real-time trading signals, please visit our homepage!
TVC:USOIL
by tony_papa
USOIL TVC Crude Oil - Short Opportunity 6%+ Drop Potential!USOIL just impulsed from a large bear flag and appears to be forming a smaller bear flag continuation for a re-entry short position to go lower. Potential bounce areas are shown in ray lines. Position is confirmed with impulsive break from flag, set your order and tight stop loss right above the flag pattern. Position is invalided if pattern forms a downward moving correction. As much as 6% or more drop potential is here.
TVC:USOILShort
by theflamingfalcon
6
USOIL weekly overviewUS OIL weekly overview Price broke up key level $66.26 on Friday. That changed situation. For this moment it is better to look for long on PullBeaks to $66.20. As you see on chart price consolidated under key level after it broke up a key level from which price bounced many times on daily chart. It shows that big players want to move it up. I will look for Buy near key buy zone $66.26 — $67.10. S/L: 50 – 70 pips under entry point. T/P1: $71.10 T/P2: $72.80 I think price can move up to key sell level $72.88. Near the level, I will look for Short. Also, if the price will break up $72.88 and D1 close upper it that will be a signal for continue of bullish moving.
TVC:USOILLong
by Yuriy_Bishko
8
Crude Oil Medium TermMy previous analysis for long crude at 65.74 for a target to 72.95, just hit 72.25, but still my stance is the same, price action remains bullish with succession of highs and lows and still within multi-months bullish channel, so far it is testing the top of the monthly channel, but still longer term momentum indicators suggesting scope for crude to visit higher levels. I have close eyes on this market, personally will try to build medium term positions on pullbacks. Anyway lets see how market moves on...
TVC:USOILLong
by UmarAbdurRehman
1