Crudeoil!
Crude Oil Looking good above 5515Crude Formed Round bottom. looking good above 5515,
for target up to 5650 - 5675
US OIL READY FOR THE RALLYAfter nearly 4 months of consolidation, US OIL about to break the crucial zone of 67-68 to witness 75 levels. The bullish momentum above that can zoom the price like anything!
CRUDE OIL FORMED BEARISH ABCD IN 2 HR TIMEFRAMECrude oil need to reversed from cmp tgts marked blue color n sl marked in black color
Take your own analysis before entry
CRUDE OIL BEARISH BAT FOUNDWe already expecting Head n Shoulder pattern in Crude.
Now we have Bearish Bat also hope fully we can get good profit.
Entry n Exit SL marked in chart.
Take your risk and enjoy
USDWTI - U. S. Dollar / WTI Crude Oil Let us have a look at USDWTI Crude Oil Chart Daily chart shows crude oil trading in the ascending triangle. WTI Crude Brake and sustain above 67 levels we can see the higher levels towards 74.25 levels which offers a very good risk reward as one can keep stop loss below 64 levels. From the weekly charts you can observe the WTI Crude Break Out already happened above 64.36 levels and on weekly charts flag and pole formation also seen so all in all WTI Crude is showing strength so one can think of buying crude oil.
Only for Educational Purpose
HINDOILEXP (HOEC) analysis for JuneStrong Uptrending price , making HH HL.
May break strong resistance at around 128-131, if oil produces from the eastern offshore field (tentative end of June).
MCX CRUDE OIL FRESH BULLISH BREAKOUTCRUDE OIL POSITIONAL VIEW
Symmetrical Triangle Breakout in Established Up-Trend
RSI Sustaining above 60 Level
Look it for Bullish Entry Above 5080 or Between 4900-4950
Target - 5300/5700
Stop Loss - Daily Closing below 4890
CRUDEIf weekly close is above black horizontal line then crude may go up further from the current level...
US OIL ascending triangle breakoutAnalysis of US oil in 30 mins time frame
Breakout initiated, retesting took place for LONG
Self explanatory chart
For educational purpose.
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Trade at your own risk
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Ascending to new high?Ascending triangle kind of pattern is emerging with higher lows former on the lower end of slope. It gives strong support to idea that once it gives close above swing high resistance then next level could be 5700+. All EMAs are rising. Swing low will be the sl or close below the lower end of slope will be exit point.
Disc : it's not an investment advice to buy or sell
CRUDE OIL EXPECTED TO FORM ABCD IN 2 HR TIMEFRAMEAs you can see Crude oil in uptrend, if not break 4840 in forthcoming sessions, it may fall till 4586 to complete ABCD pattern and can get a reversal PRZ there in coming week. It is just for a view
Crude - Live Trade 12 May 2021 (RSI Convergance)Execute Short below 4850 if the RSI and price breaks the trendline downside with 15 mins candle close for a target of 65 points minimum.
Kindly share your valuable feedback.
Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
Crude Oil - Double Top Pattern found in one hour chartDouble Top - Bearish candles expected in the upcoming days if the demands are lowered.
After the double bottom the market has showed a steady up trend rally. Same way now Double top has been formed.
This has happen before and again its showing a strong double top , Hence down trend rally is possible if the demands are lowered.
Given is my personal analysis.
