CRUDE OIL 1000-DAY AVERAGEWhy should we look at a 1000-day average? Because people are talking about inflation from crude oil prices and that it is a terrible thing that is destroying consumer confidence, destroying consumer purchasing power and it is in the headlines continuously.
So let's look at it and see what it shows
Compare with Crude Oil Futures (Sep 2019)
Contract highlights
USOIL is setting a Trap?USOIL has staged an impressive recovery from the $68–72 weekly demand zone, reaching approximately $101.70. However, despite the bullish momentum, I am not interested in buying at current prices.
The market is now trading directly below a major resistance cluster:
• Weekly descending trendline
• Pre
USOIL at 90$ last pump to 98-103$ before going lower. TVC:USOIL To me it's trading inside a daily bear flag, we are near the support of the bear flag, we bounce right off the 50ema day at 89$ today 22 september 2026. Daily there's 2 gap's from 98-100$, then on the 12hr a fair value gap at 103$ish. So that'S why I'm bullish and see it go up to 98-103$
crudeoil breakout! will hit 10400-800 ya 9200?The structure is now clearly bullish, but RSI near 76 indicates short-term overbought conditions, so chasing the price at the current level can carry higher pullback risk
Key Technical Structure
Current Price: 9974
Immediate Resistance: 10050
Next Resistance: 10400
Major Resistance: 10800
Buy above
CL Daily_+3,481 Ticks to targetCL Daily time frame is in a down trend. The market
is making lower lows and lower highs. There is a
down Fibonacci with an extension price point 63.18
about -3,481 ticks below the market. As long as the
market does not take out the one boundary price
point 110.93 it is expected the market to fall t
CRUDE OIL: Rising Wedge Breakdown Setup Crude Oil is showing a potential bearish reversal setup as price develops a clear Rising Wedge pattern near the ₹10,000–₹10,200 resistance zone.
Key Technical Observations
Rising Wedge Pattern
Price has been moving upward within a narrowing structure, indicating weakening momentum despite higher p
Crude Oil (CL) Analysis, Key-Zones, Setup for Fri (Sep 18)Bias: Crude settled Thursday at 97.23 on the November contract, down 52 cents or 0.53 percent, and that settlement conceals the entire session. November opened at 97.50, printed a session low of 94.42 and settled 83 percent of the way up a 3.37 dollar range. The decline that actually happened was 3
Trading Craft 101 · Lesson 05 — The Journal🔵 THE UNUSED EDGE
Most traders collect setups, not data. They can tell you the pattern they trade, but not their own win rate, average R, or biggest losing streak. Their edge exists — and they have no idea what it is. The journal is the tool that fixes that.
🔵 WHAT TO RECORD
Every trade: the s
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The nearest expiration date for Crude Oil Futures (Sep 2019) is Aug 20, 2019.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Crude Oil Futures (Sep 2019) before Aug 20, 2019.









