Get started

Energy Commodities

Crudeoil intraday levels for 14.11.2022Resistance level: 7180 Support level : 7103 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are consolidating in buy zone or sell zone, wait for the breakout If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. If gap up or gap down opening, fib retracement levels will act as the support or resistance Note: Pls check my previous day idea for better understanding & how it works Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
MCX:CRUDEOIL1!
by AATHIE
CFTC COT Plots - Financials / Legacy / DisaggregatedCFTC publishes on a weekly basis COT reports in 3 formats - Legacy, Disaggregated, Financials. www.cftc.gov Big financial / commodity / currency traders keep a watch on this data on a weekly basis. All futures traders should also track this data. To make it easy to consume, I created 3 indicators to consume this information in a simple way Financials Disaggregated Legacy Here are some screenshots with examples Commodities Currencies Enjoy the indicators :-)
CME:6E1!
by ILuvMarkets
Crudeoil intraday levels for 10.11.2022Resistance level: 7094 Support level : 7038 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are consolidating in buy zone or sell zone, wait for the breakout If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. If gap up or gap down opening, fib retracement levels will act as the support or resistance Note: Pls check my previous day idea for better understanding & how it works Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
MCX:CRUDEOIL1!
by AATHIE
Crudeoil intraday levels for 09.11.2022Resistance level: 7443 Support level : 7335 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are consolidating in buy zone or sell zone, wait for the breakout If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. If gap up or gap down opening, fib retracement levels will act as the support or resistance Note: Pls check my previous day idea for better understanding & how it works Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
MCX:CRUDEOIL1!
by AATHIE
US OIL ELLIOT WAVE COUNTS AND BREAKOUTCrude oil is looking Bullish ahead Reasons are mentioned below Inverted head n shoulder Neckline Breakout Price taking support from RK's Mass psychological cloud and RK's stopline in daily time frame Possible wave counts on weekly chart Possible wave counts on Daily chart Possible wave counts on 4 hourly Possible wave counts on 1 hourly Price challenging upper band on daily time frame macd positive cross in daily time frame macd converging towards north uptick in weekly time frame RSI uptick above 60 in daily time frame DMI ADX positive uptick in daily time frame Price closed above 50dema, 100dema & 200dema Weekly close above 20WEMA, its also above 50 WEMA, 100 WEMA & 200 WEMA. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
TVC:USOILLong
by RK_Chaarts
CRUDEOILAs crude oil is continuously moving in an undecisive manner, not giving many moves to go long now, we can see a good move from it. the triangle breakout will give us a good long and short position in the upcoming weeks. Levels that are holding the immediate support are 85.50 for the short-term period and 82.00 for the long-term period. levels that are resisting the crude are 90.00 immediate resistance and 93.50 major resistance on the upper side. Thus, the panic between OPEC+ , RUSSIA , and the USA is making the Crude more indecisive and making the crude market move slower . In the upcoming days, we can see a one-sided move after the breakout of the triangle pattern . BELOW 82.00 we can see the targets of 78.00. Above 90 our first target is to be up to 93.50 and then 95. NOTE- All the levels are based upon my analysis you should do your analysis and then confirm your trades before taking the trade.
TVC:USOIL
by SUTHARTRADE
Crude Oil (MCX): Tuesday - 01/11/22Levels: Support: 7250, 7180, 7130, 7000 Resistance: 7250-7275, 7300, 7400. OI Data (16th Nov Expiry): Highest OI Call in Crude per OI data: 7500 Highest OI Put in Crude per IO data: 6500 Nearest Major Resistance in Crude per OI data: 7300 (the CMP) Nearest Major Support in Crude per IO data: 7000 Trade setup: 1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support) 2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance). 3. Crude is negotiating 7300 today. Above 7300, it will reach first 7330, then 7400 level. 4. The solid support is at 7000 level. Trade: 1. Once 7300 is broken and a N pattern is created (i.e. 7300 is retested and hold), try with a 7400 CE (16th Nov expiry) 2. Around 7400 if resistance faced and retested (i.e. price unable to sustain above 7400), book the CE and try with a 7300 PE (16th Nov expiry) Note: both of these are naked Commodity Options, so inherently risky (riskier than Bank Nifty)
MCX:CRUDEOIL1!Long
by pradipandsuvra
WTIOCUSD(Crude) make or break levelCrude oil making a bearish pattern and still showing the sign of bullishness. Fight between Bull and Bears for the trend to continue. Which way will It go? Crude respects the levels we analyzed In early posts, shows a good move over the period. The up-trend move after the breakout of the price mark of $87.894, was slowed down after the price tried to breach the overhead resistances of $90 that we suspected to be a major resistance zone. But moreover, there was a diversion which you can see in the picture created on 27/10/22 ( Diversion was found with the help of an indicator known as RSI). When we see in the 1H chart, the price is showing bullish movement by making pin bars which can mean buyers are getting active around the $87.89 Price mark. But the price will be concerned bullish only when the price sustains above the $90 zone then we can say the view of the counter is bullish and look for buy on dips. But on another side of the coin, you can see a bearish Head And Shoulder pattern and if the pattern is triggered then I believe Crude can be seen trading in the $83-$84 range shortly, and the view can be changed to sell on really. Until then you need to decide the strategy technics for trading this counter this is my view on the counter until I see the price breaching my analyzed levels
OANDA:WTICOUSD
by rajbhilarkar2000