HINDPETRO-VS-OIL PAIR TRADE EXECUTE THE FOLLOWING HPCL(HINDETRO) DEC FUT BUY@267.2 QTY:2100 OIL(OIL INDIA) DEC FUT SHORT @155.5 QTY:3399 !!EXECUTE BOTH TRADES!! !!STATISTICAL ARBRITRAGE!! !!HOLD FOR GAINS!! !!FOLLOW UP-FOR UPDATE!!
REASON FOR SELLL CALL: 1) SOLID SUPPLY ZONE REACHED AND REVERSAL FOUND 2) DAILY TF TRENDLINE REVERSAL FOUND 3) REVERSING FROM ASCENDING CHANNEL TOP TVC:USOIL TVC:USOIL
Took Entry with small size to test this theory.... @ $59 (MCX 4204) Single lot stoploss at $60 (MXC 4272) Please do not coy this trade ..... Feel free to correct me if i have missed any thing
SEE THE TREND OF US OIL IT WILL TOUCH 59.10$ TO 59.40$ AND THEN AGAIN IT WILL START TO FALL TILL 56.30$ TO 56$ WILL SEE THE FUTURE MOVEMENTS : - >
It's a great opportunity to take a sell entry, as we are near a big support and cutial price zone.
Gold is moving down now. it will be up after reaching it 50% or 68% of retracement level.
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.
Sell Zone for Intraday 2nd Dec 2019 MCX 4065-55 sell side
Was fighting hard to go up and now seller may finally over come. A 1:3 risk: reward trade on radar.
EXPECTING CRUDE TO FALL FROM CURRENT PRICE.... REASON FOR SELL CALL: 1) CHANNEL TOP IN 4 HOUR TIME FRAME 2 )GRAVE STONE DOJI AT 4 HOUR TIME FRAME AT CHANNEL TOP 3) HOURLY BEARISH ENGULFING 4) HIGHER TF TRENDLINE REVERSAL 5 )STRONG 4 HOUR RESISTANCE
USOil has again revisited the contraction zone which has proved to be a resistance again.....as per the wave structure, bias is toward the downside.....and the RR seems to be in favor.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (56.22). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USOIL is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
sl provided and must be folloowed strictly