Crudeoilwti
Crude oil Buy / Sell Based on Fibo and GannBuy crude oil 2844 stop loss 2815 Target 2897 / 2924
Fibonacci and GANN always rocks follow us support us and research with us
Crude oil Buy / Sell Based on Fibo and GannSell crude oil at 2754 stop loss 2782 Target 2676
Fibonacci and gann always rocks follow us support us and research with us
Crude oil Buy / Sell Based on Fibo and Gannbuy crudeoil at 2565 stop loss at 2549 Target 2628 / 2654
Fibonacci and GANN always rocks follow us support us and research with us
Crude in OctoberCrude will be in a range of $39 to $43 in the month of October. More probabilities of breaking the upper circuit to test $45 and $49. But a news pertaining to lockdown in U.K can drag it below $39. Best buying range $39-$39.7 for a target of $43 with a Stop of $36.5.
WTI . Important Technical Analysis UpdateMidterm forecast:
. While the price is below the resistance 43.60, beginning of downtrend is expected.
. We make sure when the support at 30.85 breaks.
. If the resistance at 43.60 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
. There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08 and the peak at 43.595 on 2020-08-05, the probability of uptrend continuation is decreased and the . probability of beginning of downtrend is increased.
. While the RSI support #1 at 52 is not broken, the probability of price decrease would be too low.
. A peak is formed in daily chart at 43.60 on 08/05/2020, so more losses to support(s) 38.85, 37.15, 34.60 and minimum to Major Support (30.85) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index (RSI) is 58.
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Crude oil MCXX Buy and sell levelsWe can go for buy and sell when the blue line price reached... daily wait for intraday level from 9.30 am to 10.00 am
Quick Shorting opportunity on 4 Hr Crude Oil with Risk of 2:1Beautiful shorting setup built on Crude oil 4 hour chart with risk of 2:1. There is a strong supply zone from $ 29.16 to $ 30.04 on 4 hour chart and oil is heading towards the supply zone. This supply zone has been tested only once till now and there is a strong possibility to reverse the trend on this price level one more time.
Short @ $ 29.10
Stop Loss @ $30.10
Profit Target @ $27.20
WTI curde oil sell level level and target with SLPlease Note : These are buy/sell level . these levels has to breakout in minimum 15 min candle ..
Reaching this level is not valid & Fake break out can be identified by RSI and other indicators
CRUDE OIL TO CONTINUE LOWER TO COMPLETE ITS FINAL LEG DOWNCrude 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 reversals from the levels mentioned
Happy Trading Respect Risk
View are for EDUCATIONAL PURPOSE ONLY ....Trade at your own risk
Short in Crude below $21.90 for $20.25 to $19.70If price trades below $21.90, selling is advisable. Heavy sellers dominated from $26 to $20.77.
Then buyers were able to retrace only till $23.60 - the recent high.
Price is taking a dynamic resistance of 20 EMA - which is kind of strong trend indication.
First Opposing Force for this fall can be expected around $20.25 to $19.70; further price can test $18.60 as well.
Kindly do your analysis before taking any trades.
Long in Crude (Short Term) till $27.50 to $28Ascending triangle pattern is seen. The pattern is broken at top and we can expect the price to travel till $27.50 ranges.
This could be a temporary push; after testing the $27.50 ranges, price can fall further - either till previous low or even below. Lets wait and see.
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 15 to 20 times.
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 oil 4h chart, technical looks weak.Crude oil 4h technical-looking weak. Bear pennant on the price itself and a rising wedge on 4h RSI both combination suggests a strong bearish sentiment. upcoming week we can witness so many stupid repeated news like economic slowdown, trump - china, Iran war, trade war,. and so many never-ending shits. so, technically we have to gauge the price where it's heading next.
Expected short term target 50 and 48.
Reasons and Confluences:
1. Bear pennant on the price itself.
2. Rising wedge on the 4h RSI.
3. Elliott Wave ABCDE pattern.
