As per Elliott wave structure and along with running trend sequence USOIL Crude oil is looking sell now or on rise (if any) with invalidation level of $ 90.17 Also RK's mass psychological cloud is suggesting to go short Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a...
Hi The PA suggests that the crude is good to short right now. I had missed the opportunity to short the previous breakdown (which you can see in the trailing chart). I made the chart well before but kept sleeping on it. Nevertheless, currently I am short on a 15 min timeframe. Will review it on one hour later.
Gail India Return potential - 8-10% / 15-16.5% Risk: 3-6% Risk::Reward ratio is 1::3 / 1::2.5 - Rest Every thing mentioned in the chart. Use it to plan your trade accordingly...!!! Do let me know if you find the analysis and insights helpful. Like and Follow for more ideas like these...!!! Take care & safe trading...!!! Disclaimer - The view expressed...
Breakdown of a symmetric triangle might cause the crude to see levels of 55 soon.
RSI Based Strategy on commodity. We can use RSI in two timeframe to identify Bullish and bearish sentiments. 5 & 15 Mins timeframe is best for intraday Trading. Add two set of chart of RSI and make upper rsi band at 60 and lower rsi band at 40. In 15 min timeframe, if upper band value greater than 60.it means we have to find out buy trade. And RSI lower band...
Crude Oil. Bearish Case :- Narrow Weekly Bar. Weekly MA Resistance. Daily RSI Resistance Zone. Weekly TL Resistance Bullish Case : COT reports JUST Started turning Bullish. Bullish Daily and Weekly Momentum. So overall scenario is still confusing. Ideal case will be to attempt ONE more Leg down and then UP. But, that is not a necessity. So waiting for a concrete...
Crude weekly bottom with deep crab then upside 2.41% level now completed reciprocal ab=cd with previous support area in 4 hour try to forming head and shoulder pattern Buy suggested above the closing of 6760 for the target of 7663-8556-9399-10005 holding trade.
Im shorting Crude with a strict SL of 80 (DCB)... Possible positional targets of 55...
Clear Cut Flag N Pole Pattern Spotted on Crude Oil 1HR Timeframe Do share your Views. Thank You.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles) . (Color code for Support & Resistance zones: Red - Sell, Green -...
For Crude Oil demand and supply zones are marked. If market rejects at demand zone , then a high probability buy trade can be initiated, rather in case of supply zone a sell trade. You must have a good candlestick knowledge in order to utilize the zones at the best. You can even learn it from us. don't forget to look for PriceActionMonk.
Crude oil making a bearish pattern and still showing the sign of bullishness. Fight between Bull and Bears for the trend to continue. Which way will It go? Crude respects the levels we analyzed In early posts, shows a good move over the period. The up-trend move after the breakout of the price mark of $87.894, was slowed down after the price tried to...
RSI diversion appears on 15 min mcx crude chart. Shorting can be good idea for scalping purpose.
Crude oil past 1 weeks Trading on sideways now its breakout upside Expect upside towards 7000 bottom support 6790/ 6720
Crude Buying and Selling Zone Marked. Plane Long Trade When it touches the demand zone , and Plan Sell trade when it touches the supply Zone .
Crudeoil 1hour time frame crudeoil has resistance at 7301-7280 levels if sustain this levels we can see can oil can fall till 7080 level just for educational purpose only
Crudeoil broken major support levels in daily chart next support levels would be 6333 if sustain at this levels we can see upside move 6900 to 7550 levels if not sestina it may fall till 6000 - 5900 levels just a view for educational purpose only
We are expecting Crudeoil Target on August month 99$ Minimum expectation... Purely as per astro