Elliot wave analysis : Long term analysis Sell . Best selling point between 1880-1860 Long range target - 1780-1750-1720
BUY TARGET : 1860-1877 Stop loss below : 1818 Risk - Minimum Reward - High
Fundamental Development: Oil was down on Friday morning in Asia, weighed down by demand concerns following global interest rate hikes. Brent oil futures were down 0.62% to $119.07 and crude oil WTI futures were down 0.69% to $116.78. The Bank of Japan Friday decided to keep policy ultra loose despite rising inflation while some other global central banks are...
Hello Traders, Hope you all are doing good!! I expect USOIL to go UP after correction here. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve...
Fundamental Development: Oil was up on Thursday morning in Asia, supported by peak summer demand and tight global supply, despite the U.S. interest rate hike spurring concerns over less fuel demand. Brent oil futures rose 0.65% to $119.28 and crude oil WTI futures jumped 0.91% to $116.36. Wednesday’s U.S. crude supply data from the U.S. Energy Information...
GOLD SILVER SOON HIT 50800-51000-51200+++CMP 50580 61111-61600-62000+++CMP 60650 Just view 😎😎😎😎 Spotlight on Fed rate decision. Recession fears could help prop up gold. Chart pattern breakouts being tested. Target 1845/55/65/75/85
The gold price recovery is probing in downtrend resistance here at 1860/ 66 – failure to close above this threshold could mark resumption of the broader downtrend. A closer look at Gold price action shows the recovery probing resistance today. A breach higher from here would keep the focus on the 38.2% retracement / May open at 1895/97 and the 2021 high-day...
Fundamental Development: Oil was up on Wednesday morning in Asia amid concerns of uncertain economic outlook ahead of potentially aggressive U.S. interest rate hikes decisions. Brent oil futures edged up 0.14% to $121.34 and crude oil WTI futures edged up 0.15% to $119.11. Tuesday’s U.S. crude supply data from the American Petroleum Institute showed a build of...
Expecting a shart reversal from first support 1800-1788 around..(in worst case 1680 ) … do your own studies
Despite bouncing off multiple troughs marked during mid-May, gold holds onto Monday’s rising wedge confirmation, suggesting further downside. However, nearly oversold RSI joins the horizontal support around $1,810 to test the intraday bears ahead of the US Federal Reserve’s (Fed) monetary policy meeting. Should the quote drops below $1,810, a downturn towards the...
Forming Inverse Head & Shoulder pattern in crudeoil Above 9550 Tgt 9600-9640-9700++ Keeping on radar Crudeoil 9500 CE ( june ) Hero/Zero
the EUR/USD can see a rally for some time REASONS 1. we are at a very crucial weekly support. 2. we made a double bottom on such crucial support. 3. on 1h time frame we broke a trend that had been tested quite a few times. 4. the dollar index is at its all-time high and made a double top. so, as the USD depreciates we will see a rally in EUR/USD. NOTE: IF THE US...
Fundamental Development: Oil prices inched lower after seesawing through early trading on Tuesday, as worries that fuel demand would hit by a possible recession and fresh COVID-19 curbs in China outweighed tight global supplies. U.S. West Texas Intermediate (WTI) crude fell 22 cents, or 0.2% to $120.71, while Brent crude futures eased 25 cents, or 0.2%, to...
Price action ! Retracement Fibo lvl 98 SL with target 92
JSW ENERGY INTRADAY SETUP - 15 MIN CHART - 1. triangle pattern formation on 15 min chart 2. Chart pattern is more of sign uptrend but due to high volatility in global market seen nifty can open gap up - gap down so looking at this both side target given for safe bet and using candle breakout or breakdown correct position can taken either buy/ sell on...
Xauusd idea short try this tred short position this tred is just 1 day
Fundamental Development: Oil prices slid Monday as flare-up in COVID-19 cases in Beijing quelled hopes for a rapid pick-up in China's fuel demand, while worries about global inflation and sluggish economic growth further depressed the market. Brent crude futures fell $1.81, or 1.48%, to $120.20 a barrel while U.S. West Texas Intermediate crude was at $118.81 a...