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Brent Oil WTI Futures - Jan 25 (LCOc7)

ICE
Currency in USD
Disclaimer
80.98
-0.06(-0.07%)
Delayed Data

Brent Oil Futures Discussions

oil wants to crushed u again,so plssss short.
out of space at 70. probably roo soon.
just as I wrote it, I saw it drop some more
closed 50% of my sp & 83.8
Proper analysis is one of the tools that makes trades profitable and easy to make consistent.... DM up there ☝️
Analisthis
I sold my SP84.4 at this level earlier but can’t see post, it’s back there again in the 83.8
I start thinking really many traders here who I thought are Profi, they are beginners, and that is according to the numbers that i see and that they don’t see that oil for 3 weeks now cannt break the MA200 daily at 84.39 according to investing calculations and 84.5 according to my calculations
My worry is close above 84.53 as per post a week ago. Also correleats near EMA 100 on daily.
The more a s/r level is tested, the weaker it gets. What else do you see on your charts?
That is true, but we need to see that first to move to our next analysis.
There we go :))
we will how down goes this time.
I don’t know, but as you know 83.2 is a strong support now too
so for so good. went a bit bigger this time on the short too
My sp was also aticated at 84.45
Very fascinating price action on hourly :)
Can someone briefly remind me what the bullish case is fundamentally?
No idea mate. How the market see fundamentals will be visible on the charts anyways.
Usually my sixth sense is my final resort, but lately am 50/50. This doesn’t explain why I shorted heavily at 84.40 !
fakeout or real breakout? We'll see
I start thinking you are new trader. How do you want it to break MA200 daily easy
Bought large SP84.40
The right place
sp at 84.45
I love it. All back again
Break of 84.15 opens the gate to 84.80
But daily 200 MA is stronger and better
so thats 84.40? Doesn’t exist on my charts :)
Change your chart. If you really don’t see it :D
5 lots lp Aug Cont at 83.50
Didn’t test 83.05. I see that as bullish. Watch where next hourly candle close. Bullish sentiment above 83.70
very strong candles tho, so might go above days high
thanks.
That 4h candle is very bullish. Bulls targeting 84.80. But several intraday resistance levels before that.
short scalp added 83.78
isnt to early?
Sold Friday’s SP83.48 at 83.38
Cheers Bear. Got out of the water dry as they say.
Thanks guys, yeah cobbled together my earlier profits. Glad I didn’t go long just then!
I'm still thinking of a long scalp but somewhere low 83 or 82.90
Looking forward to more slide when US opens. Lets see :)
closed short from friday 83.72 at 83.36
today 84. 84.5. 85
Closed rest of my sp at 83.53
nice nerves man. Cheers
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oil can deep fall 5-7% downside
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