Crude looks bullish as it is holding above 48. Any opportunity of a dip is a buy.
Crudeoil has started an Elliott wave and made the 4th wave, and now it's making a fifth wave. As per the rules of the Elliott wave, the fifth wave will be completed at 61.8% ( 3648 ) or 50% ( 3600 ) of Fibonacci retracement 1+3 . The 2nd wave is 61.8% of the 1st wave, the 3rd wave is (more than) 261.8% of the 2nd wave, and The 4th wave is 38.2% of the 3rd...
Crude looks to be bullish and prefer buy on dip.
If crude oil sustains above 46.3 today and maintain above weekly high by EOD then it would head towards it next target 48.5 in coming week.
The Selling Zone is arrived in Crude oil for Intraday Trading
Gave sell call in crude oil has fully achieved given target. Now very crucial part - Buy Crude Between 2775-2780 Strict SL - 2749 Sell Crude If Breaks 2749, Will Update SL & Target Once Breaks 2749.
A very interesting pattern. Sell crude oil in range of 2900-2930 Strict SL - 2961 Target - 2775
Sell Crude Oil At Cmp 2813 Strict SL - 2861
Sell crude oil at 2754 stop loss 2782 Target 2676 Fibonacci and gann always rocks follow us support us and research with us
buy crudeoil at 2565 stop loss at 2549 Target 2628 / 2654 Fibonacci and GANN always rocks follow us support us and research with us
FOR THE DAY TRADERS: MCX Crude oil has made a symmetrical triangle pattern, and that indicates a bearish continuation. At present, its price is moving inside the triangle pattern. That's a consolidation area. The prices will keep playing sideways here. Intraday traders can sell or buy based on control price. The last expected stop is at E. So, we may see crude...
Crude is near to its resistance level, buy it above 2987 for a tgt of 3120+
ones it breaks b point with momentum and stay above that then target is quite big and if couldn't able to cross this line resistance then one can short
Crude formed head and shoulder and now it can go up to desired target. lets see. we are bullish in crude with stop loss below right shoulder.
one can long if breakout happen then it can go till above PRZ. anf if find reversal there then one can short from der