Ascending triangle pattern is seen. The pattern is broken at top and we can expect the price to travel till $27.50 ranges. This could be a temporary push; after testing the $27.50 ranges, price can fall further - either till previous low or even below. Lets wait and see.
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 15 to 20 times.
Buy USOIL at CMP 58.30 and on dips upto 56.40 T1: 65.50 T2: 69.50 T3: 74.50 SL: 53.40
TVC:USOIL ...Hmmm... Now Short, Then Long . . .
weekly triangle breaked and taking support on previous week's resistance so up move expected..... target 1 is $61 target 2 is $64 stop loss 54.90
REASON FOR SELLL CALL: 1) SOLID SUPPLY ZONE REACHED AND REVERSAL FOUND 2) DAILY TF TRENDLINE REVERSAL FOUND 3) REVERSING FROM ASCENDING CHANNEL TOP TVC:USOIL TVC:USOIL
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 8 to 12 times.
Sell Zone for Intraday 2nd Dec 2019 MCX 4065-55 sell side
EXPECTING CRUDE TO FALL FROM CURRENT PRICE.... REASON FOR SELL CALL: 1) CHANNEL TOP IN 4 HOUR TIME FRAME 2 )GRAVE STONE DOJI AT 4 HOUR TIME FRAME AT CHANNEL TOP 3) HOURLY BEARISH ENGULFING 4) HIGHER TF TRENDLINE REVERSAL 5 )STRONG 4 HOUR RESISTANCE
Crude Oil might head towards $54 & below levels if the given breakdown is sustained
Buy USOIL at CMP (51.55+) T1: 58.40 T2: 60.25 T3: 63.00 T4: 66.00 SL: 50.45
Buy USOIL between 58.7 & 57.50 T1: 63.30 T2: 65.80 T3: 69.00 T4: 72.60 SL: 53.80
Touched the upper range of triangle as per chart , not showing strength , making an inverted hammer right on trendline resistance , expecting good downfall .
US OIL || Day chart analysis | #CRUDOIL #USOIL
As analysed earlier the target perfectly hit. Next target mentioned in the chart... 51 Usd As per below hourly time frame still crude is in down trend...
In day time frame crude oil is forming triangle pattern. So almost now crude near by resistance.. so coming days crude oil is expecting down trend.
WTI CRUDE RANGE BOUND TILL YEAR END, WILL BE BREAKOUT OR BREAKDOWN FOR A BIG MOVE, MOSTLY DOWN, TGT AT 45 AND 30