US/OIL Articles

US Oil bear flag targeting $37.00

Oil coiling into bearish flat below 200 and 50 EMA for potential downside continuation. Oil – The pattern confirmation requires a solid candle close below the flag for entry with a stop loss trigger above the flag. A secondary option (optimal entry) provides greater reward to risk ratio at the…
October 13th

Crude Oil – Superior Reward to Risk Ratio

US OIL – $41.20 became a huge level for crude in March when it experienced a 25% drop to $30.78.  Since March, the oil price tested $41.20 on three occasions but failed to break through and hold. In July it finally pierced through and held above with now sighting levels…
September 2nd