Crude Oil

ill be shorting oil this week all the way up to 74

imo.., you have to chose what to short.., gold or crude
H4.., from June

charting with fxstreet

P.S. "Bolivar cannot carry double."

H4, stoch & DeMark's indy

...such a "steady" movement has to spike up or waterfall at some point.., that's what I think

Daily, stoch, fib

imo, 76.20th will tell where crude is going

short another 75.40...my average is 74 on the shorts

I want to se the retest it in the area of 74.0 - 73.0 and touch the 8EMA Daily , then look for a HH and a HL in 1h where I put a fibb, with a final TP in the area of 82.5 - 83.0!!

Entry 1 : Fib 60 , SL below 78.6 [ Entry 74.030 - SL 73.300 - TP Final 82.600 ( RR 1/11.74 )].
Entry 2 : Fib 78.6 , SL below 88.6 [ Entry 73.400 - SL 72.980 - TP Final 82.600 ( RR 1/21.9 )].
Entry 3 : Fib 88.6 , SL Below Low [ Entry 73.050 - SL 72.550 - TP Final 82.600 ( RR 1/19.2 )].

TP1 last High, TP2 78.0, TP3 82.5 - 83.5! After each TP, SL will move to BE.

The worst thing that can happen is to lose 3 in a row (3%), but IMB-UP is already confirmed, I doubt that all 3 will be lost, if all 3 are really lost, I will look for another rejection to give it a new Fib on 1h timeframe with the same TP but with smaller SL.

brent testing 8067 resistance , next 82.75, target resistance here 85.73 and 90. anyway way 65.67 level breaks remain intact , may try as last time to break it before burst UP . lets see

The US Oil Rig Count Dropped by 7 This Week to the Lowest Level in 16 Months, Down 15% From the Late 2022 Peak

Hi guys,
here is my chart

totally madly "BULLISH" yesterday API report
let's see what today EIA brings

my DeMark's indy
H4, stoch

possible target:100 (!!!).., but as you can see stoch shows divergence

Stoch Div worked very well.. May be we go to 75 first and then 100

i see a divergence in price now one hour into the asian session.
Brent oil -0.16%
Crudeoil + 0.12%

Does it mean anything?

my DeMark's indy
H4 stoch

100 became 80th as a "high" target
and yesterday "low" target ( at 79th) hit

MPPs: 77.83 (Classic) & 78.88 (DeMark's)
and DeMark's DS1: 77.58.., "sacro" 77.50th

Heavy pips Today
Last release: 209k actual
Nonfarm Payrolls present the number of new jobs created during the given month, in all non-agricultural sectors of the U.S.
The indicator growth can have a positive effect on dollar quotes
Use Straddle and avoid lots heavier than you're account balance.

after successful test , brent breaks resistance 85.35 , next resistance goes to 90+ till 98.90 or as far possible ! , 87.10 resistance to care though . anyways brent playing at some tops with many resistance to play more flexible and stay safe ! lets see

Date 24-08-2023

OIL DATE 25-08-2023

continue up before reversal !wti over 92.89 towards 108 possible . immediate limit 87.53 and next 84.30 . take care