BASED on ichimoku theory given upside targets disclaimer - trade @ own risk
Natural gas has formed a reversal pattern on the hourly charts and is now breaking out above the resistance level which can set the stage for a sharp rally in the commodity.
Crude oil actionable areas are marked in the chart. Please trade on 15 minute candle closure on either side. if triggers for upside or downside...targets are marked in the chart. As this is expiry today trade with caution and focus on scalping !
This can be a good buy entry. This is #smc based & multi confirm entry based, but You take your entry only after multiple confirmation And do take care of your risk management.
ANTICIPATION OF FED DECISION The Federal Reserve is meeting this week to decide on a potential interest rate hike. While analysts agree that the central bank will maintain its rates for the first time since March 2022, investors are focused on the tone of the announcement. If the Fed hints at further rate hikes later in the year, as many predict, oil prices could...
Commodity Samachar, Pune – On Monday, we saw a drop in the crude oil rate just in the afternoon, but the reason behind it is something truly exciting. On Monday, the price of oil fell $2 just 2 days ahead of the US. FED meet. This was coupled with the concern about China’s fuel demand growth and Russian crude supply weighted on the market. As per several...
CRUDE OIL CHART on WEEKLY BASIS through Elliott wave & NEO wave Impulse wave completed (5 wave /1 to 5). In this pattern 5th wave was longest wave Now on present wave on corrective phase i.e. Advanced Elliott wave (Neo wave) Upside move target 88. but if it break "ob" trend line thats only possible Note: Crude falling means globally crises to be happed. Its not...
One can try long here with small SL of 5550. As it is trendline support and it is going down since long we can see some good upmove
Bearish Gartley In Natural Gas Sell PRZ - 194.8/195 SL - 200.1 Target - 189/188
Natural gas is trading above resistance levels and using the key levels we can say that the longs now with the stops below the key pivot level of 2.3000 will work out well. Target can be around 2.4300 for today as that is the next resistance level which has held earlier as well.
It was a low risk entry with a profit of RR 1:15. This was a #SMC/#OD based entry. Entry was taken after multiple confirmations.
A small buy can be seen in the short time. Take entry only after multi confirmation and always take trade by paying attention to your risk management.
Bearish Alt Bat Sell PRZ - 6142/6132 SL - 6215 Target - 6000/5930
NG Getting Ready for 192 ?? Creating Ascending Triangle Pattern. Also Buy Confirmation Near Channel Bottom . Good Opportunity To Go Long Upon Confirmation Target 192
Sell PRZ - 5924/5935 Add More Sell If Price Rise To 5977/5990 SL - 6021 Target - 5800/5760
This is a very profitable trade. Will take great support which can be great for a smaller time frame.
Crude Oil is going to be be on Fire making 5800 to 6500+ in short duration