crudeoil is forming symmetrical triangle, it can breakout any direction please observe price action
Resistance level: 7180 Support level : 7103 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are...
Resistance level: 7094 Support level : 7038 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are...
Resistance level: 7443 Support level : 7335 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are...
Crude oil is giving fresh negative breakout on down trendline and macd too on weekly chart looking for 7700 #negativedivergence
Hello, crudeoil analysis & long-term swing trade buy: 7,740 targets: 8,870/1,0370 stoploss: 7,430. LOGIC BEHIND TRADE: Crudeoil formed W pattern on 1D chart buying from support bottom buying strategy, (target identified from harmonic xabcd pattern level 1.131) stoploss is taken low of support candle. 1st target is resistance of W pattern 2nd target is taken from...
HTF Order flow of USOIL is bullish, though we can expect retacement to downside and pullback buys from the given zones.. Look for LTF Break of structure then take entries
Price is approaching Daily bearish block, we can either expect sells from H4 Breaker block or H4 imbalance.. Look for LTF BOS before taking sell entry
Price rejected from Daily Demand zone, which shows that price turning into bullish in daily charts, however in H4 we have potential resistance in the form of Breaker block and supply zone... price currently rejected from H4 Supply zone, if we have LTF BOS at least in M15 we can go with shorting...
After Breaking the trendline from 25th March, the bull run is now in slowing down a bit. A good breakout and retest was seen and currently it's on a major support. If it takes the support, a small bull run can be seen till the nearest lower high. If it breaks, a good downfall can be seen.
Crude Oil Aug Fut Cmp 5088.Its strong support at 5040 to 5050.It took support from support area.Within 1 week it will kiss all target.
Short CrudeOil (MCX) Near the red downward trendline. Use a 1 Min time frame to enter into the trade