WTI Crude @ 111+ from 101 odd levels.
Is the technical Pullback over...
Watch out for 111.8-112.8 levels for more resistance...
108 to be small support
Even if it breaches 113 still 115 levels will act as resistance...
All other levels marked.
Fundamental Development: Oil was up on Monday morning in Asia as investors are looking for more clues from the G7 meeting this week on Russian oil exports and a revival of the Iran nuclear deal. Brent oil futures inched up 0.06% to $109.16 and crude oil WTI futures stabilized at $107.62. Oil prices remained well supported above $100 a barrel as crude and oil...
JSW ENERGY -- HOURLY CHART -- INTRADAY SETUP --27/06/2022
1. trendline breakout seen at hourly chart, last hourly candle is trendline breakout candle.
2. stock seen above 44 SMA, above adaptive moving avg, above 200 hull moving avg.
3. Stock seen trading at upper channal on hourly chart, currently taken lower support at channel
4. RSI on daily chart move...
GOLD is making possible double bottom on 1D
So bullish movement is possible...... If price break upward then market is bullish for me......
Overall trend is bearish and low of drawn box is key level so if it breaks then market again going to be bearish
Gold remains inside a two-week-old symmetrical triangle but the bulls seem running out of steam of late. That said, the stated triangle’s bottom line and an upward sloping trend line support from May, respectively around $1,822 and $1,812, could challenge the metal’s short-term downside. Also acting as a downside filter is the 78.6% Fibonacci retracement of the...
MCX:CRUDEOILN2022
b]Trade Setup for 27-06-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid...
Midterm forecast:
While the price is above the support 1785.00, resumption of uptrend is expected.
We make sure when the resistance at 1916.50 breaks.
If the support at 1785.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 1785.00 is broken.
Technical analysis:
While the RSI...
Silver Making multiple supportive nodes -> 1) Making it weak 2) Might take support to ( thus making it a tradable area )
Learning Pointers
>> Pattern here is Descending triangle
>> Time frame here is Weekly
>> Candle position -> Mother bar : Inside bars on multiple weeks
>> Rsi telling about Divergence of price and relative strength ( Rsi making higher...
Crudeoil is now at buying level so we can expect till 110.9 as it is the good resistance level.
Kindly do your own analysis and enter the trade.
My view is long till 110.
Fundamental Development: Oil was down on Friday morning in Asia as fears of slower demand from slowing U.S. economic growth and supply concerns weighed on the market. Brent oil futures inched down 0.09% to $109.94 and crude oil WTI futures gained 0.14% to $104.42. The Organization of the Petroleum Exporting Countries and allies (OPEC+) producers including Russia...
![CRUDEOIL1!: Simple Trade Setup | CRUDEOIL [JULY22 FUTURE CONTRACT] |INTRADAY](https://s3.tradingview.com/w/WPcqHOHc_mid.png "Simple Trade Setup | CRUDEOIL [JULY22 FUTURE CONTRACT] |INTRADAY")
