Bullish Butterfly In Crude OilBullish Butterfly In Making In Crude Oil
Read Carefully. This Is A Complex & 2 Way Trade.
The Most Important Number is 5540, If 5540 Breaks Then Crude May Fall To 4868.
As Per The Harmonics Buy Will Come Only At 4868 Level.
Buying PRZ - 4868/4900
SL - 4645
Target - 5370/5530
Crudeoilwti
CRUDEOILAs crude oil is continuously moving in an undecisive manner, not giving many moves to go long now, we can see a good move from it.
the triangle breakout will give us a good long and short position in the upcoming weeks.
Levels that are holding the immediate support are 85.50 for the short-term period and 82.00 for the long-term period.
levels that are resisting the crude are 90.00 immediate resistance and 93.50 major resistance on the upper side.
Thus, the panic between OPEC+ , RUSSIA , and the USA is making the Crude more indecisive and making the crude market move slower .
In the upcoming days, we can see a one-sided move after the breakout of the triangle pattern .
BELOW 82.00 we can see the targets of 78.00.
Above 90 our first target is to be up to 93.50 and then 95.
NOTE- All the levels are based upon my analysis you should do your analysis and then confirm your trades before taking the trade.
Crude oil trends to be bullish once it crosses 91.62As we could see that in the last week the crude oil has broke the descending channel break out and gave a bullish movement and now the retrace too has been given. So once the price closes above 91.62 in four hours or in daily cancel then the price would go to 97, 101 and don on. So kindly take ur own analysis and start ur tradings.
MCX- CRUDE OIL - BUY MCX - Crude Oil - Swing BUY Setup
MCX:CRUDEOIL1!
After recent sharp fall in crude oil now it seems the market has made short term bottom in US Markets around 85 USD and now it seems it will start the sharp upside again .
Do Comment , share and "LIKE" if you find this info valuable to use .
Happy Hunting ,
Chintamani
Disclaimer.
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info
MCX- CRUDE OIL - Chart AnalysisMCX:CRUDEOIL1!
MCX : CRUDE OIL FUTURES (Trade Setup on Hourly Charts)
A Buy Setup is emerging for Long Trades with suggested Stop loss levels on chart . Interested members can look into it or analyse the trend as it unfolds . Not a recommendation to buy/sell .
Do "LIKE" the analysis if you like to appreciate my work . Attaching many related ideas i posted in recent time for ready reference :)
Happy Hunting ,
Chintamani.
Simple Trade Setup | Crude Oil | 04-07-2022 [INTRADAY]MCX:CRUDEOIL1!
Trade Setup for 04-07-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
#crudeoil Important levels MCX:CRUDEOIL1!
as we can see on ARC on which levels it resisted. on that level harmonic pattern also was there. now again at ARC resistance with harmonic pattern we might see fall from here but as this #russiavsUkraine war going on if #crude cross current ARC and Harmonic resistance then we might see crude at 10000+/-.
******whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.
Crude i somehow think PRICE will repeat the history#crude #crudeoil Monthly chart, i somehow think PRICE will repeat the history 105$ - 115$ and may be even 147$ in coming MONTHS
And if this has to happen, then EQUITY upside may be unmeasurable for some more years Star-struckPartying faceSmiling face with sunglasses
....... obviously this is CRAZY, but!!!!
CRUDE OIL - INTRADAY ANALYSIS 27/04/21LEVELS are marked in the chart , These are the strong support and resistance in the upcoming market.
Double bottom in 30 mins timeframe
And as per the chart pattern the market has moved up.
Now it has hit the strong resistance at 4691, and its time for a reversal which is a
down rally.
We also need to check the inventory release for tmrw and involve in positionfor intraday
its a sell now and can expect the target as 4653