If MPP (S1) functions as a support line, think long. The first limit is 70.00 The second limit is under MPP (P) 70.77 The third limit is under YPP (R2) 72.62 I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line:...
RSI showing divergence which is a sign of breakdown. This fall is due to increase in supply from Libya. In my opinion oil should retrace back from 71$ or from 67$ and make new high in next 3-4 months. WINTER IS COMING!
Crude Weekly is at make or break level, Also RSI is seen showing divergence.
NYMEX:CL1! Monthly Chart: ABCD Pattern on process. (D wave in making). T arget is $72 by mid June 2018. Also it is in safe buy zone = above $50. ( Trading above 0.618 of Fibo retrace of B to C wave). below $41 pattern gets nulled. Do Not to trade.
Short Crude oil below 73.80 T1: 72.85 T2: 70.80 T3: 69.50 SL: 74.55
As last week, I am taking measure of double zero 3.000 to function as a resistance. However, Please be aware that the low price is rising and it is a price move that has not given up trying to penetrate double zero 3.000 above. But, at the moment, I consider a short as judging that double zero 3.000 has functioned as a resistance. << tactics >> 1) It was judged...
Will it do what it always does? Thats the question that will be answered today. No risk no gains...
An Extended Flat taking highs and lows.. one big fall expected and then a big rise...
Based on my "xRAM-Creator" predictive trading methodologies, its going to be a GREEN candle on 13-Jun-2018 for CASTROLIND Buy Above: 171.2 for targets - T1: 172.5 T2: 173.3 T3: 174.1 SL: 169.8 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own...
Corrective pattern looks complete with wave count and candle count.
i think the stock has shown a good run now its time to pause or rest a bit thus may see an uptick on monday in the first half but can be possible to see a good profit booking in the counter !!!! well thats what i think , not necessary market behave the way i think !!!!!
Looking forward to go short upon the channel bottom breakdown. Will update the entry, targets and SL soon.
With Saudi increasing output .. it going to get rejected from these levels for the 3rd time and this time it might be a big fall. Levels for crude could down side target .. long only above 66.35 levels. Cheers!
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 11-Jun-2018 for CHENNPETRO Buy Above: 303.5 for targets - T1: 305.8 T2: 307.1 T3: 308.6 SL: 301.1 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before...
Its not what we see and do that happens... lets see how this works out...