Let's do a multi time frame analysis of Crude chart.
On monthly time frame Crude seems to be running in a parallel channel, except that it has given two outliers outside it. It first broke down the channel during Covid to make a new low and then during Ukraine Russia crisis it broke out of the channel to make a new high.
On weekly time frame, crude made a...
Crude oil Futures at support
Currently at support levels of the downward moving triangle. Expecting some short upmove in near term of 6480.
No recommendations, just my view based on charts.
BUY - IOC
CMP - Rs. 80
Target - 1: Rs. 93
Target - 2: Rs. 107
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Technicals - 1) Cup and Handle Pattern
2) Targets set using Gann
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Comment: Maximum returns is 33%
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crudeoil at this week low if it breaks down and retest at this week low after a break down then we may see a fast move towards downside where we may have a scalping
opportunity
Will Crudeoil reverses and go Uptrend? check #tradingstrategy #crudeoiltoday #commodity
HOPE our analysis is adding value to your site trading Journey.
If yes, Hit like button or boost our ideas. Thank you.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the...
#commodity, #crudeoil
the breakout happened from the symmetrical triangle, the price oscillates between two trend line, one is the resistance trend line and the other is the support trendline. the breakout happened on the downside. before consolidation, there is a downtrend movement of about 20 points until consolidation, so as per the symmetrical breakout, we...
Will Crudeoil reverses and go Uptrend? check #tradingstrategy #crudeoiltoday #commodity
HOPE our analysis is adding value to your site trading Journey.
If yes, Hit like button or boost our ideas. Thank you.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the...
CAPITALCOM:OIL_CRUDE
USoil is at good support area and if it breaks we can go for sell side or if it breaks the trend line then we can plan for buying side, plan your trade accordingly.
did u see crude melt down low made 5570 enjoyeddd sell gvn 5980 or 5800 blw still looks more dwn fall any rise sell onlyy gvn as trend line base dont stuck wrong side
JSW ENERGY --DAILY CHART SETUP --POSITIONAL
1. Jsw energy seen on daily chart setup retest previous lower channnel breakout level around 250-255
2. currently stock trading above 21, 44, 50, 200 HMA
3. one can initiate Buy around 250-255 for current level target 270-280-300 positional (1-3 ) Month stop loss 220 bellow strong support line
4. CCI at above...
crude close blw 70$or mcx 5800 for 2 days soon 5470--5200 yes sell on rise must sl will be trade hrssss yes cme crude soo 62$++ expect as per chart pattern or trend line breakout
crude rockedd hit 70$ mcx 5800 sold gvn 6200 or 75$---- soon it will hit 5500 --5200 have patience selll onlyyyyyyyyyyyyyyy any rise soon will more dwn
