Crude Oil

M30, DPPs/Classic&DeMark's, Stoch, TLs

Since the time Iran - US war broke out in February, oil price remain at a broader range of 84 - 117, Crude has shown it's tendency to bounce back from the base it has created around $86, four instances in the past 3-months is testimony to that.

Its seems almost certain that whenever the price nears around 86, market is struck by some big news that takes the price high, again.
Given the current global ambiguity around the war and it's consequences, Expecting Crude at higher levels giving wide upswings is not unreasonable.

Trade Levels

above $94.70, another good up-swing could be expected,
Immediate support is at $90.12
$85 and below is major support.
resistance remains at the levels of $104, $110

Strict Risk management should be applied and Position should be sized according to individuals risk appetite.
For Educational Purposes only, Not an Investment Advice

daily, gap map



just been added another one at Open

H4, Stoch, DeMark's indy

...and
daily




as "working" range
88-97.40 - between TLs
DeMark's weekly:
97.88/R1
93.15/PP
89.38/S1

$USOIL near support test ~87.86

near 87 soon maybe after -
Talks on a deal to prevent Iran from possessing nuclear weapons have yielded positive results - White House official to Al Arabiya TV

USOIL ~87 test now testing trendline support here now

long scalp USOIL here

a probable bounce here if this holds above 86.50 here $USOIL

bulls failed to hold support need another pullback

USOIL now near first resistance after a bounce

short term oversold RSI combined with 4h/daily/weekly trendline test USOIL - pop or drop here

LMAO

USOIL pump if >86.50. Trump repeats claims that Iran deal is only ‘days’ away

USOIL >86.50 now testing fib level 88.45

It's unlikely to happen. Trump has already said 37 times that an agreement is only a matter of days

after todays fall i buy, usa has left oil till autumn, no neqotiations to iran, all bulls*it trump manipulations, but situation looks bad

hyee guys its important so i need all of your attention please so the thing is i am thinking to trade usoil monday gap and am looking for upside gap according to my fundementals or technicals usoil will go up on monday gap i want to confirm this so tell me about this trade as it is important trade for me so what do you guys think about it anyone can tell ?? i really need your

i dont trade gaps but it could bounce up first before going down to the monthly imbalance and grabbing the liquidity at 79.29