Short OIL check chart for levels
Midterm forecast: While the price is above the support 13.60, beginning of uptrend is expected. We make sure when the resistance at 15.60 breaks. If the support at 13.60 is broken, the short-term forecast -beginning of uptrend- will be invalid. Trading suggestion: There is a possibility of temporary retracement to suggested Buy Zone (14.650 to 14.400). We wait...
TATASTEEL: is a weak pullback this morning and got sold into with recent top of 588 as stop-loss one can look into selling the stock at 576 with target at 554
Hello, I think WTI is in a fabulous uptrend with target about 88 USD to 90 USD! Now we are in a corrective wave 2 pattern which belongs to a final wave 5 of 3 as you can see in the chart above and below. WTI closes the final wave 5 of 3 as a so called ending diagonal. The green box shows the expected area where wave 2 comes to its end (at about 66 USD, I...
Oil prices likely to climb up due to iraq sanctions. Stock has broken weekly support of 82.5. It should fall this week. Target 78 SL-82.5
Charts show multiple build up ranges. Considering time cycles, we're are in short term bearishness. Which would change post a break out above $71.50 while a strong support area can be observed around $66 levels.
Based on Historical and Technical Analysis . Crude Oil -0.28% Might Fall as per Fundamental and Technical Anlaysis and above Trade has Tight Stop Loss with Good Risk-Reward. Enjoy and Comment.
Oil is forming a triangle on intraday time frames. Looks like a good opportunity to trade range breakout today. Prepped-up for both long/short opportunity with a Stop & Reverse strategy.
Oil is favoring a long position owing to the trendline in the figure. The Risk:Reward is favorable.
Short NATGASUSD between 2.775 - 2.765 T1: 2.715 T2: 2.670 T3: 5.635 SL: 2.793
WTI can be a positional long owing to the trend line below it. The Reward:Risk is good. Oil is in an Uptrend.
Breakout above 69.50 may take to higher levels and looking good buy with a stop loss of 67.
If MPP (S1) functions as a support line, think long. The first limit is 70.00 The second limit is under MPP (P) 70.77 The third limit is under YPP (R2) 72.62 I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line:...
RSI showing divergence which is a sign of breakdown. This fall is due to increase in supply from Libya. In my opinion oil should retrace back from 71$ or from 67$ and make new high in next 3-4 months. WINTER IS COMING!
Gold came to see the shape of downtrend. Gold has not reached YPP (P) 1269.009 and is trying to fall again. Please look at the weekly,You can also see the red trend line being conscious. weekly But I decided not to use this line because of my discipline. So I will not do anything now. There is no reliable horizontal line near here. Therefore, as usual, I...