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Crudeoilforecast

Weekly Market Forecast WTI CRUDE OIL: Bearish! Wait For SellsThis forecast is for the week of March 17 - 21st. WTI Crude Oil is in consolidation, but forming a wedge pattern. As the market condenses, we no watch out for a breakout that could go in either direction. But if we take note of the Weekly bearish FVG that formed last week, we simply wait for price to sting into it and use it to move lower. The market is weak, and has been trending down for over two months now. Using the trend and the -FVG, the higher probability is for price to continue lower, as long as the -FVG holds. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYMEX:CL1!Short
by RT_Money
WEEKLY FOREX FORECAST SEPT 7-11th: US WTI CRUDE OILUS WTI Crude Oil expanded to the upside last week, with a convincing close. ON the Daily, a +FVG was formed. Things are in place for price to continue to move higher. My bias is bullish, and I am looking for buys. Consider the tension in the Mid East, pushing prices higher. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NLong
by RT_Money
1
Crude Oil Outlook - USD106 as major resistance 02 Apr 23 OPEC+ made a surprise announcement to reduce its production starting May. The direction of the commodities price is always about supply and demand. With the China opening, there will be an increase in the demand for crude. The reduction on its production will likely cause crude to trend much higher. Video explained why crude to break above USD106. 3 types of crude oil for trading: • Crude Oil Futures 0.01 per barrel = $10.00 Code: CL • E-mini Crude Oil Futures 0.025 per barrel = $12.50 Code QM • Micro WTI Crude Oil 0.01 per barrel = $1.00 Code: MCL Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
NLong
by konhow
2
USOil | New perspective for the week | Follow-up detailThe Oil market has been gripped with fear and uncertainty in the last couple of weeks (s) to impose selling pressure as we witnessed a drop of over 1,000pips during the course of last week's trading session. Now that the price cap of $60 per barrel on Russian oil has been agreed upon by the G7 last week; how will the market react or respond to this development in the coming week(s)? From a technical standpoint, this video illustrates how I intend to use the current structure in the market to project a trading opportunity during the coming week(s). Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FLong
by darcsherry
USOil | New perspective for the week | Follow-up detailThis is a follow-up video to my previous publication on this commodity where we closed the week with over 1,000pips in profit (see link below for reference purposes). The price of oil dropped by about 10% during the course of last week trading session and this is likely due to concern about weakened demand in China and further increases to U.S. interest rates. From a technical standpoint, we must keep our expectation open for the week as the tendency of price going either way becomes stronger as the weeks go by. The breakdown of the key level at the $85 level is a strong bearish and we are not sure if a retest of this structure will happen before another phase of decline in price. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
F
by darcsherry