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Crudeoil!

USOIL is at 61.8% Retracement will shoot up to 32.90$According to my view USOIL is at 61.8% Retracement (correction) in Daily candle closing basis. This is based on basic technical analysis with support and Resistance/Supply & demand using Fibonacci Retracement as an entry level and Fibonacci extension for target level. As per my view it will reach to 32.90$. As we know USOIL if spot price for crude oil futures in MCX so my suggestion is entry according to analysis through USOIL and targets also followed by it. Buy @ 23.07$ Target 1 32.90$ Stoploss @ 21$ as per 1 day candle closing basis #Happy Trading
TVC:USOILLong
by abbhas
CRUDE OIL TO CONTINUE LOWER TO COMPLETE ITS FINAL LEG DOWNCrude Oil is left with some more beating Trade Plan 1 Short sell for immediate target of $21.76 Continuing its downward move which should conclude near $21.76 if EOW ((C)) and Trade Plan 2(will be active only after trade plan 1 reached target) Short sell for deeper target of $9.83 EOW 3 of Y around same level of $9.83 of cycle wave We can see sharp reversals from the levels mentioned Happy Trading Respect Risk View are for EDUCATIONAL PURPOSE ONLY ....Trade at your own risk
TVC:USOILShort
by DhirajSinghBais
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