Crude Oil
Positional short on Crude OilCrude Oil at resistance on daily chart- $60.3.
Positional Short with Stop loss $60.9 for targets of $57 - $55
Happy Trading!
Cheers.
Possibility of Crude moving further down to 57.5 Levels TVC:USOIL
1) Possibility of short-term downtrend to continue.
2) Price closed below the bullish trend line on daily candle.
3) Possible breakdown of 57.42 level on fibonacci.
4) Stochastic cross over with bearish direction.
Setup:
Entry = 60.35
SL= 61.55
TP1= 58.90
TP2= 57.5
us oil pretication for this weekweekly triangle breaked and taking support on previous week's resistance so up move expected.....
target 1 is $61 target 2 is $64
stop loss 54.90
Possible Crude Oil Short TradeTook Entry with small size to test this theory....
@ $59 (MCX 4204) Single lot stoploss at $60 (MXC 4272)
Please do not coy this trade ..... Feel free to correct me if i have missed any thing
A big Sell Zone - Profit Booking Zone - Best entry for long selIt's a great opportunity to take a sell entry, as we are near a big support and cutial price zone.
crude oil Crude 1/2 hour charts seems to be trading in small range
Crude might test the upper channel trendline and then correction can be seen If breaks the upper the Channel heavily bullish
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 8 to 12 times.
Crude hit Supply zone! 1:3 Setup.Was fighting hard to go up and now seller may finally over come. A 1:3 risk: reward trade on radar.
Crude OIL Disclaimer My assumption is just for education purpose
Consult your financial analyst before taking any investment related decision.
Crude Is trading In a small Range break out on any side can give u a short term rally
WTI Crude Oil ViewCrude Oil might head towards $54 & below levels if the given breakdown is sustained
