SHORT MCX CRUDEOIL ........ STOP LOSS OR TARGET .COMMENT ME
long for today or tomorrow / for stop loss and target comment me MCX Crudeoil Long 3640 / for stop loss and target comment me
Prices are still being held down by a downward trend line, Investors are advised to stay short. If prices break above the trend line, we can go long again. Sell Limit 54.40 TP 51.30 Follow me ! Show U The Money ! ---------------------------- - 2019.06.11 in
risk reward as far as i think its good in long trade , then to go short , i can be wrong but its fine , as the sl is small , while in short trade i might get stuck ! and reward nthere is clearly undefined !
Midterm forecast: 58.05 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. We will close our open trades, if the Midterm level 58.05 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 50.70 on 06/05/2019, so more gains to...
CL has made a spike low near crucial Long term levels of 51.90. Here is a potential contrarian trade set up with 3x win opportunity , plan being this low should hold for the pullback to be valid, else we should look for a test and break of 51.90 areas
Oil short pattern has opened, At the same time the bear momentum gradually amplified, Investors are advised to focus on the opportunity to short after the pullback. Sell Limit 60.40 TP1 57.60 TP2 55.50 Follow me! Show U The Money! ---------------------------------------{DRonnie} 2019.05.30 uk
Midterm forecast: 58.05 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. We will close our open trades, if the Midterm level 58.05 is broken. Technical analysis: The RSI support #1 at 43 is broken, so the probability of beginning of downtrend is increased. While the RSI downtrend #2 is not broken, bearish wave in price...
According to elliot wave crude oil is travelling in 5th wave 1st target is 42.60 2nd target is 26.20 will reach 22 and rally towards 64 and 78.
WTI crude oil will take a pause@ 54.59 to check resistance 57.87