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Crudeoil!

Crude Oil Ichimoku BreakdownCrude Oil Ichimoku Cloud Setup : 1). Today's close is below the Conversion Line 2). Cloud is broken with volume 3). Chikou span is slanting downwards All these parameters are showing bullishness at CMP, and more bullishness will be visible after it cross 1300. If 96$ is broken then 87$ is very much possible. If sustain above 102$ then regain at 109$. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Rule Based Investing # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NYMEX:CL1!Short
by nikunjbhadja
Simple Trade Setup | Crude Oil | 04-07-2022 [INTRADAY]MCX:CRUDEOIL1! Trade Setup for 04-07-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
MCX:CRUDEOIL1!
by Trading_hawk
Crude oil eyes to revisit sub-$100 area as recession fears escalFailures cross the key SMAs join descending RSI line, not oversold, to keep crude oil sellers hopeful amid economic slowdown chatters. The black gold, however, needs to stay below the weekly support line, around $107.00 by the press time, to direct bears towards the last monthly bottom of $101.00. In a case where the energy benchmark fails to recover from $101.00, the odds witnessing a south-run towards May’s low of $97.57. On the contrary, recovery moves remain less convincing until staying below the weekly top of $112.70. Ahead of that, the 50% Fibonacci retracement (Fibo.) of May-June upside and convergence of the 100-SMA, 200-SMA and 38.2% Fibo, respectively near $109.60 and $112.10-20, could entertain short-term buyers. Even if the crude oil prices cross the $112.70 hurdle, multiple resistances near $116.00 will challenge the commodity bulls before directing them to June’s peak of $121.43. Overall, crude oil’s latest break of the short-term support line keeps sellers hopeful amid economic pessimism. That said, today’s Eurozone inflation and US ISM PMI will be important to watch for clear directions.
FX:USOILSPOT
by MTradingGlobal
Simple Trade Setup | CRUDEOIL [JULY22 FUTURE CONTRACT] |INTRADAYMCX:CRUDEOILN2022 b]Trade Setup for 27-06-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
MCX:CRUDEOIL1!
by Trading_hawk