crudeoil INRcrudeoil is forming symmetrical triangle, it can breakout any direction please observe price action
Crude Oil
CRUDE OIL(US OIL)US oil has broken its major downtrend line and is managing to test and sustain above the supports , is buy on every dips untill it stays above 70$ levels , keep SL very small at 60$ , any monthly candle closing below 70$ is an exit from trade , RR looking great and potential reward on the upside is very high
Crudeoil reversal zones 11-5-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #crudeoil
WTI #CrudeOilWTI has broken parallel channel and this may be painful. hope it may takes support at line mentioned
quick trade short crude for 6500 zoneMCX:CRUDEOIL1! short crude till 6500 zone, beyond that 6000 level ready .
CRUDEOIL to hit 7000/7100 levelMCX:CRUDEOIL1! CRUDEOIL target levels , important support will be the blue zone, can blast if breaks and sustains above 6739 level.
Crude Oil- BULLISH CONTINUATION!Attached: Crude Oil Daily Live Market Chart
On Sunday 2nd April 2023, Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day.
Top OPEC producer Saudi Arabia said it would cut output by 500,000 bpd.
And due to this Surprise Output Cut, the Next Day itself Oil Prices Gapped Up and Closed Up 6.16% (+ 4.66 dollars)
Following that Prices have consolidated for 4 days giving Inside Bars, holding the Gap Zone
Today, Price is finally some some Buying Action
It appears that the Gap Up is a Breakaway Gap and now Oil Prices are ready to Break Out of the 4 day Consolidation
Looking at Moving Averages:
20 EMA has crossed above 50 EMA giving a Buy Signal
Price is consolidating right below 200 EMA and once its Breaks above it, Price is to Accelerate on the Upside
LEVELS:
Current Market Price= $ 81.40
Upside Target:
$ 92 to $ 100
Stop Loss:
below $ 79
....................................
Crude oil OR USOIL analysis . Crude oil analysis .
Symbol :Crude oil or USOIL
Time frame: 15 minutes
Analysis: There is a gap up in crude oil and from last 10 days, the price is in a consolidation.So, if the price crosses above 81,then we can expect a target up to 84 with MacD crossing above zero . If the price crosses below 79.3 then we can expect a target up to 76.3 with MACD crossing below
ZERO.so this is all about the analysis of crude oil.
crude eys on 79$ mcx 6500 stya blw dwn side 6430crude eys on 79$ mcx 6500 stya blw dwn side 6430--- yes chart pattern will active there if hold av 79 or 6500 thna once mkt again dedcat bounce-- dontmiss chart pattern in live hrssss stya connect or may know for chart pattern
USOIL CRUDE OIL possible Elliot wave countsHello Friends, here we had shared possible Elliot wave counts with our view on US OIL - CRUDE OIL, in which we are waiting for further confirmation to confirm the TREND as per Elliot wave structure, we are possibly at the ending of wave ((2)) corrections or may have started wave ((3)), let's wait to confirm by chart itself, so possibilities of wave counts have been discussed in details in this video study, one can observe it in live market as per study discussed in this video study, I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Thanks
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
usoil BuyCAPITALCOM:OIL_CRUDE
As you can see that usoil has formed Trendline and rejecting support level also breakout may happens Either side Wait for it, Take retest entry because to avoid fake breakout. plan your trade accordingly..
CRUDEOIL to hit 7000/7100 levelMCX:CRUDEOIL1! crude can give massive breakout it breaks 6793 level which weekly strong resistance since november 2022,
if crude manages to break abd sutain above first hurdle of 6649, then we can expect it to hit 6738/6793 level quickly and above that the mega movement will soon follow.
crude keep tight sl 6812 or sell 6700 blw any risecrude keep tight sl 6812 or sell blw 6700 any rise soon 6500--6300-6200 ye sell on rise with sl
crudeoil is at crucial point Analysis of crude oil.
Time frame 4 hours
As per the last video published, the crude oil rallied up to the breakout point/support line, so now this is the crucial point,why ? If the price of the crude oil crosses this breakout line with high buyer volume, then we can expect a target of up to 83.5 or else at this point, if the price/value gets rejected with high seller volume, then we can expect the target up to 55.5.
#crudeoil, #commodity #mcx, #usoil
crude stya abv 6150 buy on dipsss sl 6102 tgt 6190-6270crude stya abv 6150 buy on dipsss sl 6102 tgt 6190-6270 looks dedcta bounce abv 75$ looks zoommmmmm
My view on crudeoilCup & Handle Formation going on in Crudeoil chart
Looking tgt 6200-6300++
Very soon👍
Keeping on radar crude 6200 CE april..
Crudeoil reversal zones 29-3-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime . If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #crudeoil
CRUDE OIL TRADE IDEA CRUDE OIL :- Price is re testing the sideways zone, this is the first retest, in the matter of my opinion, We can take a trade at this price point. we can clearly see the short setup.
crude nxt eys on 71.55 or mcx 5955 sustain abv up sidecrude nxt eys on 71.55 or mcx 5955 sustain abv up side only till 6000-6060+++ its views onlyyyy
sell crude sl hit close call-solfd from 5820-40sell crude sl hit close call- sold gvn 5820-40 as interday bear candel expect
sell crude 5820--40 sl 5859 strict tgt 5766-5730sell crude 5820--40 sl 5859 strict tgt 5766-5730 yes should take chance making bear candel small sl only or let seee
Going short with Crude oil Mini.Supply increased in MCX:CRUDEOILMJ2023 . Going short at 5777, my stop loss for short at 5902.
Going long with Crude Oil MiniFuture contract of MCX:CRUDEOILMJ2023 looks bullish as of now, going long at the current market price of 5817, my stop loss is at 5782 and target at 5902.
