Sell PRZ - 5924/5935 Add More Sell If Price Rise To 5977/5990 SL - 6021 Target - 5800/5760
Crude Oil is going to be be on Fire making 5800 to 6500+ in short duration
Bullish Cypher Buy PRZ - 5655/5584 SL - 5544 Target - 5730/5820/5890
Bullish Butterfly In Making In Crude Oil Read Carefully. This Is A Complex & 2 Way Trade. The Most Important Number is 5540, If 5540 Breaks Then Crude May Fall To 4868. As Per The Harmonics Buy Will Come Only At 4868 Level. Buying PRZ - 4868/4900 SL - 4645 Target - 5370/5530
formation of symmetrical triangle in crude can be seen in the chart above. targets for long and short are marked in the chart above. take entry upon 5 minute candle closure.
On weekly to 10D & 12D charts, it's time to go long on oil. Use your 1h & 2h charts for entries as per your TS. Find chances to go long on pullbacks & other consolidation-b/o patterns . Tgt can take 15-30 days, though one can take multiple trades & book Profits at several intervals. Along with it, we need to keep an eye on copper long trades as well.
crudeoil is forming symmetrical triangle, it can breakout any direction please observe price action
US oil has broken its major downtrend line and is managing to test and sustain above the supports , is buy on every dips untill it stays above 70$ levels , keep SL very small at 60$ , any monthly candle closing below 70$ is an exit from trade , RR looking great and potential reward on the upside is very high
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 -...
WTI has broken parallel channel and this may be painful. hope it may takes support at line mentioned
MCX:CRUDEOIL1! short crude till 6500 zone, beyond that 6000 level ready .
MCX:CRUDEOIL1! CRUDEOIL target levels , important support will be the blue zone, can blast if breaks and sustains above 6739 level.
Attached: Crude Oil Daily Live Market Chart On Sunday 2nd April 2023, Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day. Top OPEC producer Saudi Arabia said it would cut output by 500,000 bpd. And due to this Surprise Output Cut, the Next Day itself Oil Prices Gapped Up and Closed Up 6.16% (+ 4.66...
Crude oil analysis . Symbol :Crude oil or USOIL Time frame: 15 minutes Analysis: There is a gap up in crude oil and from last 10 days, the price is in a consolidation.So, if the price crosses above 81,then we can expect a target up to 84 with MacD crossing above zero . If the price crosses below 79.3 then we can expect a target up to 76.3 with MACD crossing...
crude eys on 79$ mcx 6500 stya blw dwn side 6430--- yes chart pattern will active there if hold av 79 or 6500 thna once mkt again dedcat bounce-- dontmiss chart pattern in live hrssss stya connect or may know for chart pattern
Hello Friends, here we had shared possible Elliot wave counts with our view on US OIL - CRUDE OIL, in which we are waiting for further confirmation to confirm the TREND as per Elliot wave structure, we are possibly at the ending of wave ((2)) corrections or may have started wave ((3)), let's wait to confirm by chart itself, so possibilities of wave counts have...
MCX:CRUDEOIL1! crude can give massive breakout it breaks 6793 level which weekly strong resistance since november 2022, if crude manages to break abd sutain above first hurdle of 6649, then we can expect it to hit 6738/6793 level quickly and above that the mega movement will soon follow.