Usoil In a Sell Zone...Buy Only 16.00 Above Candle Close... Do you own analyse also
As the chart suggested on 19 Mar 20 a brutal fall was expected in crudeoil which I published on 19 Mar 20 19 Mar 20 Post Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior @ Battle field
# Technically Crude is at Long Term Lower Support Line # Magnet is in very favorable position for a Big Move # Time Frame for $ 20 to $ 40 is 6 Weeks # Weekly Charts have Positive Crossover of MA for Long Term UP move. # OBV on Daily charts have Positive Divergence
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...
Buy USOIL between 23.85-23.00 T1: 27 T2: 31 SL: 21.85
he weekly is turning up. The daily right side is down against the 76.96 highs from 10/3/18. The 4 hour right side is down against 65.78. While below the 4/3/20 highs where the hourly is turning down it can see weakness toward the 16.00 area before correcting the cycle from the 4/23/19 highs.
Short Crude Oil between 20.90-21.15 T1: 18.25 T2: 15.75 SL: 21.90
Crude 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...
Buy USOIL above 23.12 T1: 25.50 T2: 31.00 T3: 38.00 SL: 22.30