Crude oil bearish engulfingOn weekly chart Crude is forming bearish engulfing pattern and at Bhoomi Maya's red band i.e. where any sell entry is activated.
Target green bands 5761 as T1
Crudeoil!
CRUDE-OILresist 82.50-82.00
support 80.50-80.00-79.59-79.00
watch carefully price in this areas and plan trade
XITUSD CRUDE-OIL USOILSUPPORT 82.00-81.00
RESIST. 83.50-84.00
we can plan both side trade but according to me 84.00 if price goes there that one will perfect trade. i will wait for 84.00
crudeoil uptrend movement. can expect a target of 88/89Symbol: USOIL
TImeframe 2 hours
Analysis Breakout from symmetrical triangle.
another pattern we got is cup and handle pattern.
Note: Education purpose
Crude Oil Analysis: Potential Rally Ahead Towards 6800Hey Traders,I'm keeping a close eye on crude oil as it appears to be gearing up for an interesting move. Currently, it seems like crude oil is heading towards the $6800 mark.The key level to watch out for is the Chanmep level. If we see a breakout above this level, it could signal the start of a significant rally.Keep a watchful eye on the charts and let's see how this plays out!Disclaimer: This is just my personal analysis and not financial advice. Always do your own research before making any trading decisions
ASIANPAINTS Breaking out 1 month of consolidation . Reasons To Enter : NSE:ASIANPAINT
1. Stock about to breakout after consolidating for a almost a month .
2. Crude Oil is going down , so considering the inverse correlation between crude oil and paint stocks , we can see demand going up as oil gets cheaper .
3. Stock closing above both 50-9 EMA
4.Breakout , retest already done . Now price might go up .
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CRUDE OIL LEVELS FOR UPCOMING SESSION 03-02-2024Lots of News and Up n Down. Will More fall be there in Crude or it will Consolidate here for sometime. We will wait for inventory Data and Any news
RED SEA NEWS and WAR NEWS will have major impact on this....
Till Enjoy weekend and do your study chart and levels is here.. :)
Crude likely to see 10% to 15% uptrend - #3price hovering between the order block from higher time frame
and other factors considering that crude is good option to go LONG
like to target near 6800 and 7200 levels
further updates will be add on as per market movement
In Demand Zone - Long bet on Crude [USOIL]Symbol : USOIL
USOIL is currently trading in a falling channel & consolidating in demand zone. Breakout of this channel & area will lead to a bullish upmove.
One can Long in USOIL at Current level 72.
SL : Below 70
Target : 75.50 - 78 - 82
The Tyre King MRF Done with Upside?? Then Downside Levels hereStock is down almost -9% from it's freak trade all time high 150233 dated 17 Jan. 2024
There is only strong resistance around 145800
All other unnamed green horizontal lines could be work as short term support to bounce back and profit booking from short postions.
If Green line broken down decisively then "Support becomes Resistance" theory suppose to be applied.
Disclaimer: Analysis & View are personal and for the educational purposes only. Trade at your own risk. We recommend consult your financial advisors and do your own analysis before taking any trade. Profit and Losses are subject to your own risk management and constantly changing market conditions.
CRUDE 4h sellside setupCRUDE 4h chart update as expected price have pushed up into the 4h extreme FVG if price give a structure change in 15min we can look for entry in short here.
CRUDEOil or USOIL . Breakout happened. Target expected is 77/78Symbol : Crudeoil or USoil
Time frame 30 min
Analysis:
Breakout happened on the resistance line with high volume. So we can expect a target of 77/78.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Crudeoil : Breakout happened on resistance line. Target 77/78Symbol : Crudeoil or USoil
Time frame 30 min
Analysis:
Breakout happened on the resistance line with high volume. So we can expect a target of 77/78
Available at supportHi.
Kindly read my note in chart.
Thank You.
Crudeoil is Neutral trading at current level, If it will get some crazy volatility then trend may shift to positive or negative.
Moreover we should not ignore any side breakout or breakdown.
Here is less chance to fake out or shake out.
All of mine details are subject to market risk, kindly take some advise on it from your analysists.
CRUDE 1H sell-side setupPrice have filled all the FVG in 4H chart and have given signs of continuation of downtrend. Jumping down to 1H chart we have trendline breakdown and re-test on OB+FVG done expecting price to keep pushing down.
PANAMA PETROCHEMPANAMA PETROCHEM is in consolidation and RSI is showing a reversal with trend shift. Any move above this green zone will lead to another 52Wk high.
ENTER only if you can accumulate for sometime.
Expecting a Upside rally in Crude OilI am expecting a Upside rally in Crude Oil in next 2-3 months. The reason is after a big dip now Crude Oil is taking support at a Major support level and forming W pattern.
India Outlook 2024: Optimistic is an understatement!All factors seem to be falling in place for Indian Economy. And that will likely translate into huge gains for Indian currency, bonds and equities. This update speaks about the signals visible at the beginning of 2024.
