Crude Oil
CRUDEOIL Jul ContractIf Sustains above 3076 then go long
Target as per R-R
Analysis is only for educational Purpose
Crude oil Buy / Sell Based on FIBO / Gann - INTRADAYAs per my analysis Crude oil is on Buy Trend correction ,So after correction buy at 3046 Stop loss level at 3014 Target Expected 3101 / 3148
Gann And Fibonacci Always rocks Follow us and support us and help us to grow tycooninfotek / tycoonstradingsecret
Crude oil Buy / Sell Based on FIBO / Gann - INTRADAYAs per my analysis Crude oil is on Buy Trend correction ,So Sell now at 3070 - 3080 Stop loss level at 3098 Target Expected 3046
Gann And Fibonacci Always rocks Follow us and support us and help us to grow tycooninfotek / tycoonstradingsecret
Crude oil Buy / Sell Based on FIBO / Gann - INTRADAYAs per my analysis Crude oil is on Sell ,So Sell at 3075 - 3085 Stop loss level at 3098 Target Expected 2986
Gann And Fibonacci Always rocks Follow us and support us and help us to grow tycooninfotek / tycoonstradingsecret
Today at 8 pm IST we have crude oil inventory
Brent Crude Oil Important technical analysis updateMidterm forecast:
. While the price is below the resistance 44.55, beginning of downtrend is expected.
. We make sure when the support at 36.95 breaks.
. If the resistance at 44.55 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
. There is a divergence in RSI and price between the peak at 43.315 on 2020-06-08 and the peak at 43.93 on 2020-06-23, the probability of uptrend continuation is decreased and the probability of beginning of downtrend is increased.
. While the RSI support #1 at 50 is not broken, the probability of price decrease would be too low.
. A peak is formed in daily chart at 43.80 on 07/06/2020, so more losses to support(s) 42.20, 40.00 and minimum to Major Support (36.95) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 62.
Crude Monday 3080.Crude followed the trend channel and gave so many opportunities in intraday to trade and make safe money
This is a chart indicating crude gave a breakout in 5mn, 15mn, TF.
now my target for Monday morning is 3079, 3086,3120
with stop-loss at 3030.
Notr:- This is not a tip but for educational purpose.
US oil/ WTI crudeoil Chart We can go for long at the entry point .. safe player can enter only after tribble top area .
Have a profitable day
Crude Currently in range boundCrude Currently in range bound. so Buy only at 2965 and Stop loss at 2943 Target 3038 / 3113
Sell crude 3057 and Stop loss at 3077 Target 2984 / 2895
Crudeoil long Crudeoil yesterday goes as we predicted .. now we can go for long only after 3025 reach .
CRUDEOIL Trend Analysis IF crossed 2980-3000 level next level will be 3150 and if again facing same resistance at 2978-2980 near level than downside range will be 2800.
Crudeoil long we can for intraday basis long from hear .. if it comes down more avarage at 2995 ...
Have a Profitable day
Crudeoil long Now we are in our way of positional target 3048 & 3131 ... yesterday new high 3033... so we can hold for the targets ...
This chart is for intraday basis ...
Support Resistance of Crudeoil USOIL WTITVC:USOIL
support resistance of crudeoil USOIL WTI
LET SEE WHAT CANDLE DO
US oil long US oil cyclic retracement completed and downtrend breakout done .. so we can go for long
Crude Oil - Daily Timeframe ViewCrude oil is moving in an ascending triangle which faces long term resistances at 41.6-42.4. Focus should be either on a breakdown from ascending triangle or breakout from 41.6-42.4 resistance for major move.
Meanwhile, one can play the range keeping lower end of ascending triangle as SL and look for 41.6 USD.
Views are for educational Purpose only.
Crude Oil View - Weekly Chart View (Long Term)Crude Oil has moved swiftly from April lows and facing stiff resistance at 41.61-42.4 USD levels. If crossed weekly, we may see 50 USD in long term. Sharing Short Term View in Daily Chart in another Post
