CRUDE Oil price 😍 news world economicThe crude oli price in the near 70$/Barrel is the good news for the indian economic but this price drope is passes to the people, We are waiting for fuel price cut
Curdeoil
Seems like a Down Trend. The daily timeframe indicates it’s on a downtrend and gonna roll down below 68.50. In the 4hr yesterday we saw a huge fall from the resistance near the trend line. I home this fall will continue till 72.5 or beyond until we see next pullback.
CRUDE OIL 12.07.2022: entry & exit is very important
: try to manage money management
: know your stop loss
: find the chart pattern / analysis the chart before you enter
WTI (CRUDEOIL) – Prepares for 88 USD!Hello,
I think WTI is in a fabulous uptrend with target about 88 USD to 90 USD!
Now we are in a corrective wave 2 pattern which belongs to a final wave 5 of 3 as you can see in the chart above and below. WTI closes the final wave 5 of 3 as a so called ending diagonal.
The green box shows the expected area where wave 2 comes to its end (at about 66 USD, I suppose). I use the green box area to place another longorder. There are over 20 USD to collect, so this could be a very lucrative trade!
Be careful, because If I am not right and WTI misses 63.57 USD, it goes down to 60 USD and deeper:
I set a stop at 63.55 USD.
Please leave a comment or a message, if you have any questions!
Take care
tgo
