Please hit like if you like the analysis.
Trade Checklist :
1. Possible head & shoulder pattern
2. Possible retest zone
3. Respecting key zone
4. Entry only after the last resistance zone is broken
Feel free to ask any questions if you have & happy investing.
54.40 is a major support, while this level is not broken, the Midterm wave will be uptrend.
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 54.40 on 02/01/2021, so more gains to resistance(s) 62.30, 66.05, 70.35 and more heights is expected.
Price is above...
levels mentioned in the chart.
just started commodity trading thats why I posting commodity chart
we can learn together guys.
I am also just started...u can ask me any doubts.if i know i will tell u okay
keep supporting guys
short term equity calls+multi bagger call are coming mean working in background.
will post.okay thanku guys
Price moving inside a small box after the big up movement, in other words price is getting ready for a big movement when it breaks the box.
Price now reached the bottom of the box and one can expect the price to break the trend line and reach the top of the box.
If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button,
MCX crude oil has made the bullish Elliott wave on the 4H time frame. The fifth wave is remaining, and the trend has to cross 3900 - 4000 - 4040 to complete the fifth wave.
Then the trend will fall for a short time to make the A of the ABC correction. After that, it will rise again to a particular level to make the B, and then fall again for a short time to...
Hello every one
Sorry for being away as i was busy in my research.
This is an intraday view for crudeoil........as per price should behave related to this way and than make a move in upword direction.
Trade with Discipline
Trading sentiment on the floor remains quite depressing as markets await Fed Chair Powell’s half-yearly testimony. However, the bullish chart formation on the four-hour play keeps Brent oil buyers hopeful, despite the latest pullback from $66.76. It should, however, be noted that the oil bulls need to stay away from $63.40 and $62.90 supports comprising 50-SMA as...