US Oil
Re: US Oil
My apologies guys, I actually had my daily supply zone drawn incorrectly. We're in the move down now, which is quite clear.
Pull back then down into the first daily demand zone as first target, I think this will drop much lower.
Pull back then down into the first daily demand zone as first target, I think this will drop much lower.
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- OIL.JPG (156.9KiB)Viewed 4940785 times
Re: US Oil
this looks good; looking for sells only
Re: US Oil
I'm looking for downside still. We got a reaction from the daily supply zone, we have made a lower low breaking previous consolidation up, and we have a lower high. I've got a limit order from the 4hr supply zone (blue box) with a tight SL. TP daily demand zone.
https://www.tradingview.com/x/iVLSmWzy/
https://www.tradingview.com/x/iVLSmWzy/
Re: US Oil
how do u calculate daily supply and demand zones?oldmate wrote: ↑Wed May 01, 2019 10:35 amI'm looking for downside still. We got a reaction from the daily supply zone, we have made a lower low breaking previous consolidation up, and we have a lower high. I've got a limit order from the 4hr supply zone (blue box) with a tight SL. TP daily demand zone.
https://www.tradingview.com/x/iVLSmWzy/
Re: US Oil
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- wti.png (230.74KiB)Viewed 4940594 times
Re: US Oil
one more up now for the 5th? or continue ze dump?
Re: US Oil
Now, that was not too bas, was it?emene wrote: ↑Sun May 05, 2019 11:01 pmYou've got your equal leg correction right here.
https://gyazo.com/a86849fe5a69c5b90ad420ffcf354a02

https://i.gyazo.com/b5f8fb69a338b08f792 ... 5abb12.png
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- wti.png (57.73KiB)Viewed 4940558 times
Re: US Oil
There is good divergence on 4 hr and 1 hr on RSI for start of up move (wave 5). Lets see if it breaks the channel for up side.
Re: US Oil
i think USOIL has ended the wave cycle; its down now for sure i think
Re: US Oil
One more wave up...before big correction...?!
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- CL-12-05-2019.jpg (194.27KiB)Viewed 4940511 times
Re: US Oil
A Tiny head & shoulder...pattern, though I'm more based upside...!, this pattern often plays out well...!
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- USOIL.jpg (198.61KiB)Viewed 4940420 times
Re: US Oil
Yep, good profits here. Smaller push down to come, which won't be good enough RR for my strategy, so will wait to see what happens here.
Expecting push lower into weekly demand where I'll be looking for signs of reversal.
https://www.tradingview.com/x/mG9ssKsT/
Expecting push lower into weekly demand where I'll be looking for signs of reversal.
https://www.tradingview.com/x/mG9ssKsT/
Re: US Oil
I am testing a new way to calculate % resistance (price) and Gann angles (time) to find areas for potential buy/sell opportunities.
For the % point of view I am already found many interesting levels in different items (see the Silver for example in this forum).
For the angles point of view my experience is still too limited because my method is not stable yet.
Anyway I want to share with you this chart where price and time should go together.
Next days 27-29 of may we could have the oil price at 55.07-55.18 touching the angles 3x36 that it is the result of my forecast and the 17.142% also the result of my % pattern.
Maybe yes. Maybe no. I will watch that level very carefully for a long entry and find a weakness in the bear trend.
For the % point of view I am already found many interesting levels in different items (see the Silver for example in this forum).
For the angles point of view my experience is still too limited because my method is not stable yet.
Anyway I want to share with you this chart where price and time should go together.
Next days 27-29 of may we could have the oil price at 55.07-55.18 touching the angles 3x36 that it is the result of my forecast and the 17.142% also the result of my % pattern.
Maybe yes. Maybe no. I will watch that level very carefully for a long entry and find a weakness in the bear trend.
Re: US Oil
Anticipating a correction from this level; then may be one more down move...!!!
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- Screenshot 2019-05-31 at 8.28.16 AM.jpg (233.83KiB)Viewed 4940642 times
Re: US Oil
i want to discuss something with you
i have been noticing gold and oil inversely correlated for quite some time...
is that a thing?
whts your opinion?
Re: US Oil
US Oil looks bullish to me, I will not short (As Gulf of Oman fuming)
Let's see.
Let's see.
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- Screenshot 2019-06-17 at 8.44.14 AM.jpg (213.79KiB)Viewed 4940507 times
Re: US Oil
Looking for a minimum, of 38 % retracement of down move...!
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- Screenshot 2019-06-19 at 7.20.19 AM.jpg (214.45KiB)Viewed 4940490 times
Re: US Oil
Sixty seems an achievable target ....!
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- Screenshot 2019-06-24 at 8.40.57 AM.jpg (223.04KiB)Viewed 4940519 times
Re: US Oil
My expectation for this week

Re: US Oil
US Oil any guess ?! ..... not moving fast enough...?!
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- Screenshot 2019-08-29 at 10.12.16 AM.jpg (217.08KiB)Viewed 4940264 times
Re: US Oil
May be a deep pull back and extended 5 th...?!
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- Screenshot 2019-09-05 at 9.54.19 AM.jpg (249.91KiB)Viewed 4940149 times
Re: US Oil
Started incremental selling of USOIL...!
Re: US Oil
Started incremental selling of USOIL...!
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- Screenshot 2019-09-11 at 4.42.26 PM.jpg (252.4KiB)Viewed 4940011 times
Re: US Oil
Time to reverse...or wait till 50++ ?!
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- Screenshot 2019-09-12 at 4.57.58 PM.jpg (233.39KiB)Viewed 4939991 times
Re: US Oil
CL a possibility....?!
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- Screenshot 2019-09-13 at 1.39.13 PM.jpg (235.3KiB)Viewed 4939967 times
Re: US Oil
Game format may be changed...!
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- Screenshot 2019-09-15 at 12.09.09 PM.jpg (246.78KiB)Viewed 4939931 times
Re: US Oil
Major -minor all pointing upward...right..?!
Placed after/before market entry orders, Gambling mode on, with a limited risk.
Placed after/before market entry orders, Gambling mode on, with a limited risk.
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- Screenshot 2019-09-15 at 7.39.07 PM.jpg (245.58KiB)Viewed 4939917 times
Re: US Oil
Unable to join crude party, may be there is another wise option, that's join CADJPY ...!
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- Screenshot 2019-09-15 at 7.59.05 PM.jpg (249.48KiB)Viewed 4939915 times
Re: US Oil
A wild guess .... Saudis don't want war...
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- Screenshot 2019-09-17 at 8.10.10 AM.jpg (248.76KiB)Viewed 4939878 times
Re: US Oil
Looks like guys [ aka Boys'] wish to appreciate peace, rather war....!
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- Screenshot 2019-09-19 at 9.07.14 AM.jpg (242.38KiB)Viewed 4939838 times
Re: US Oil
Display of residue of ash-burn drones & projectiles changed my bias....!
May be main theme is in play, now staying flat for rest of the week...!
May be main theme is in play, now staying flat for rest of the week...!
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- Screenshot 2019-09-19 at 3.44.04 PM.jpg (252.91KiB)Viewed 4939825 times
Re: US Oil
They say gaps are there to be filled...!
(so trapped while gaped up, if bag' allows, hang on...!)
(so trapped while gaped up, if bag' allows, hang on...!)
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- Screenshot 2019-09-29 at 4.32.47 PM.jpg (243.62KiB)Viewed 4939603 times
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- Screenshot 2019-09-29 at 4.34.34 PM.jpg (242.04KiB)Viewed 4939603 times
Re: US Oil
Looks like something brewing to spill....
Alternative view of CL pathways...
Alternative view of CL pathways...
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- Screenshot 2019-10-03 at 10.53.10 AM.jpg (241.16KiB)Viewed 4939566 times
Re: US Oil
Let's see if Cl comes lover and touch weekly trend line...?!
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- Screenshot 2019-10-06 at 8.04.36 PM.jpg (238.22KiB)Viewed 4939520 times
Re: US Oil
Crude oil, playing elusive dance...!
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- Screenshot 2019-10-23 at 3.11.34 PM.png (217.09KiB)Viewed 4939243 times
Re: US Oil
Optimism....Earth has no future without tapping renewable fuels...!
Is Aramco IPO is good for oil bulls ?!
Is Aramco IPO is good for oil bulls ?!
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- Screenshot 2019-11-18 at 8.09.15 AM.jpg (241.41KiB)Viewed 4938955 times
Re: US Oil
USOil, price may be moving to 61-63 range, it will be clear once price breaks below (or above ~$57.82) ~ $54.83, a month and half long confusion will be over...
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- Screenshot 2019-11-21 at 8.47.52 AM.jpg (242.02KiB)Viewed 4938910 times
Re: US Oil
IF CL #F plays this typical forecasting 'textbook' pattern..
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- Screenshot 2019-12-05 at 7.33.37 AM.jpg (230.85KiB)Viewed 4938702 times
Re: US Oil
Some sort of decision is already made...?!
beware
beware
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- Screenshot 2019-12-15 at 5.24.44 PM.png (168.51KiB)Viewed 4938589 times
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- Screenshot 2019-12-15 at 5.19.34 PM.png (225.96KiB)Viewed 4938589 times