REFER THE CHARTS, EXPECTING MARKET TO MOVE UP IN COMING SESSIONS.....
The price is taking considerable resistance against the dynamic resistance/trend line. A strong price rejection can be seen in 4 hours time-frame. This could attract more sellers or even make the existing buyers to change side. Overall a channel is formed. However, we can see more or less similar volume of buyers and sellers during both corrective and impulse...
OIL INDIA LTD IS A FUNDAMENTALLY STRONG COMPANY WHICH HAS THE VALUATION OF 153 FOR THE YEAR TECHNICAL REASONS TO BUY OIL - 1 - OIL ACHIEVED ITS TARGET ON SHORT SIDE WHICH IS 77 2 - ON NEXT WEEK WE CAN SEE EXTRAORDINARY HUGE VOLUME + DOJI WHICH WE CAN SAY BUYING VOLUME 3 - RSI OVERBOUGHT 4 - PRICE AT BOTTOM OF THE DOWNTREND CHANNEL BUY FOR THE OIL FOR THE TARGET...
Canal formado, gap para rellenar, impulso c-d de patron abcd con fuerza, nada mas que agregar.
Crude Nearing Support. Please check and Like.
Short Crude Oil between 20.90-21.15 T1: 18.25 T2: 15.75 SL: 21.90
Crude 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...
Buy USOIL above 23.12 T1: 25.50 T2: 31.00 T3: 38.00 SL: 22.30