Crude Oil
Short in Crude below $21.90 for $20.25 to $19.70If price trades below $21.90, selling is advisable. Heavy sellers dominated from $26 to $20.77.
Then buyers were able to retrace only till $23.60 - the recent high.
Price is taking a dynamic resistance of 20 EMA - which is kind of strong trend indication.
First Opposing Force for this fall can be expected around $20.25 to $19.70; further price can test $18.60 as well.
Kindly do your analysis before taking any trades.
Long in Crude (Short Term) till $27.50 to $28Ascending triangle pattern is seen. The pattern is broken at top and we can expect the price to travel till $27.50 ranges.
This could be a temporary push; after testing the $27.50 ranges, price can fall further - either till previous low or even below. Lets wait and see.
berger paint fundamentals and panic criss cross crude is down is fundamental positive
market panic is near term negative
WTI Crudeoil - Make or Break* Horizontal Trendline Support
* Rising Trendline support on RSI
#KeepItSimple
Crude Oil (Feb 5. 2020)Trend Reversal Done at Lower Time Frame and if took a buy entry @ 1.00 P.M its target got achieved with the help of Fib Extension!!!
Crude Oil Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 15 to 20 times.
CRUDE BUY SIGNAL BASED on 4hr CANDLE CLOSURECurde running 4hr candle closes above 57.35 will confirm the uptrend signal, where you can go for long in curde.. target 60.20 in 1-2 week of time.. continue uptrend till 64 level stop loss will be update once buy triggered.
CrudeOil (USOIL) buy setupBuy USOIL at CMP 58.30 and on dips upto 56.40
T1: 65.50
T2: 69.50
T3: 74.50
SL: 53.40
USOIL TRADE SETUP Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 51.05 on 10/3/19 where the 4 hour is turning up. The wave (1) cycle from the 10/3/19 lows has ended at 65.66 where the hourly is turning down. While a bounce fails below there expect another swing lower to correct the cycle from the 10/3/19 lows.
CRUDE OIL CHART FOR THE DAY Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 51.05 on 10/3/19 where the 4 hour is turning up. The wave (1) cycle from the 10/3/19 lows has ended at 65.68 and while a bounce fails below there expect another swing lower to correct the cycle from the 10/3/19 lows.
crudeoil trend for next week overall downtrend ....
this is short time long trend ....
RSI divergence in 2 hour chart
CRUDE OIL Will Turns into Bearish Trend SoonCrude Oil positional short good at 63.55 Level and target 1 = 60.88, then target 2 = 59.40, strict stoploss of 64.70.
