I use technical analysis for crude oil trading.
I use Ichimoku standard settings for Crude Oil 5min chart. Just entering on crossover in favour of cloud is best entry. B.Band(20,2) is used to identify Flat market and do not enter there. ADX(14) is used to identify end of trend.
Consider 30min chart horizontal lines as major support/resistance as it is major timeframe for intraday.
That's it! I never failed in this strategy.
You can try it and evaluate.
I use Ichimoku standard settings for Crude Oil 5min chart. Just entering on crossover in favour of cloud is best entry. B.Band(20,2) is used to identify Flat market and do not enter there. ADX(14) is used to identify end of trend.
Consider 30min chart horizontal lines as major support/resistance as it is major timeframe for intraday.
That's it! I never failed in this strategy.
You can try it and evaluate.