CManny
(romanodc)
Členom od Oct 06, 2019
1 príspevkov
Oct 06 2019 at 20:05
Does anyone have insights about the price of oil? I found this to be profitable this month by selling when it goes up.
alexforex007
Členom od Oct 11, 2013
775 príspevkov
Oct 08 2019 at 01:14
On the WTI oil we can see that the price has broken below the 54.00 level, but it retraces to that same leve which acts as resistance. If the price bounces back down from the 54.00 level, then it could form a breakout-pullback pattern and the price could fall to the 50.50 zone. Below the 50.50 level, its next support could be the 49.00 level.
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Mark
(itradeandwin)
Členom od Feb 08, 2018
40 príspevkov
Oct 08 2019 at 07:39
jamesgwyther
Členom od Aug 05, 2017
289 príspevkov
Oct 09 2019 at 09:26
Never traded oil.
alexforex007
Členom od Oct 11, 2013
775 príspevkov
Nov 06 2019 at 00:32
Oil could be very difficult to trade due to its geopolitical exposure and it may not respect the technical levels. WTI oil tries to break above the 57.00 level, but is loses some steam.
alexforex007
Členom od Oct 11, 2013
775 príspevkov
Dec 20 2019 at 03:21
WTI oil keeps heading higher to the 61.00 level, which could act as resistance in the short term, but the 55 day EMA has crossed above the 200 day EMA, forming a golden cross, which has bullish implications in the long term.
ProfitableRisks
(ProfitableRisks)
Členom od Dec 18, 2019
38 príspevkov
Dec 28 2019 at 05:19
Oil is one of my favourites
Trender
alexforex007
Členom od Oct 11, 2013
775 príspevkov
Jan 10 2020 at 03:30
High volatility on WTI oil and a big drop from the 65.00 zone to the 55 day EMA, just below the 60.00 level. The moving average may act as a support, but if it continues dropping, then the 57.00 zone may be its next support.
alexforex007
Členom od Oct 11, 2013
775 príspevkov
Feb 21 2020 at 02:50
alexforex007
Členom od Oct 11, 2013
775 príspevkov
Feb 28 2020 at 02:43
WTI oil keeps dropping and completes 5 consecutive sessions falling, but the 46,25 could act as support. In case of continuing lower, the 44,43 level could act as support. To the upside, the 50.00 level could act as resistance.
Marketmultitool
Členom od Dec 19, 2019
69 príspevkov
Feb 29 2020 at 13:53
Took a nice short from 50 break to 47 ,it's in sell off mode safer to pick the tops ,probably will see 40.
Strength and honor.
PeteLanceley
Členom od Nov 06, 2018
83 príspevkov
Mar 09 2020 at 23:16
At this rate it's looking like Oil could hit the $20 region.

Mar 12 2020 at 05:28
It seems no one wants to trade oil no more, gold is the real deal now
MumaKarlson
Členom od Mar 02, 2020
9 príspevkov
Mar 12 2020 at 15:17
JapaneseGroupFx posted:
It seems no one wants to trade oil no more, gold is the real deal now
do you know why is that?
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