When price take support near any well defined boundary and 200 Day Moving Average at a same place price create a inflection point and in this set up doji act as a trend reversal but personally i fell happy if doji fail this time .
US oil overall trend is still bearish, but counter trend pull back rally is now due, not only due but it's now ready to go towards north directions Buy on Dips is suggested, all the key levels are mentioned on chart Overall running wave structure Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you...
Fundamental Development: Oil was down on Wednesday morning in Asia while investors looked toward U.S. inflation data that could weaken the market. Brent oil futures inched down 0.01% to $99.47 and crude oil WTI futures edged down 0.13% to $95.72. Investors now await U.S. Consumer price index (CPI) for more clues on the U.S. Federal Reserve’s monetary policy path,...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Fundamental Development: Oil was down on Tuesday morning in Asia as demand concerns spurred as China discovered cases of highly infectious BA.5 omicron sub-variant. Brent oil futures retreated 1.56% to $105.43 and crude oil WTI futures fell 1.67% to $102.34. “Growing fears of a recession and continued sluggish demand in China is pulling oil prices lower, though...
JSW ENERGY ---- POSITIONAL -----DAILY CHART 1. Lower channel bottom formation support seen around 180 level 2. possible consolidation level 185-200 3. last candle is doji candle possible trend reversal . 4. up trend or trend reversal can confirm after daily candle close above 212 5. stop loss can place bellow 180 level at 175 6. positional target...
Mcx Crude oil has breakout intermediate Trend expect price fall towards 7880 from 8220
Fundamental Development: Oil prices fell on Monday in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID testing in China potentially hitting demand, a worry that outweighed ongoing concerns about tight supply. Brent crude futures fell $1.02, or 1%, to $106.00, after climbing 2.3% on Friday. U.S. West Texas...
Try to find best entry levels for based on market struture and pa. Important levels Marked in chart, wait to price reach that levels and check for rejection from upside/downside in smaller time frames then only take trade. Can comment or ping me for any query. All views for Educational purpose, Trade at your own risk
Fundamental Development: Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up the tight global supply concerns against recession fears. Brent crude futures rose 48 cents, or 0.5%, to $105.13 a barrel by 0630 GMT, after a near 4% rise on Thursday. U.S. West Texas Intermediate crude inched up 3 cents...
Expecting Crude Oil Tgts Down side Analysis done as per Volume Analysis in Trading view tool from Dec 20121 to till 06 th July 2022 TGT 1 - 7098 TGT 2 - 6631 Disclaimer: These are for learning purpose only. It is not a trading advise.
Fundamental Development: Oil was up on Thursday morning in Asia on supply concerns, after falling during the previous two sessions. Brent oil futures rose 0.51% to $101.20 and crude oil WTI futures jumped 0.56% to $99.11. Both benchmarks closed on Wednesday at their lowest since April 11. The declines follow a dramatic fall on Tuesday despite tight global...
After a 2020 crude oil recovered and makes new all time high of 9996. Crude oil completed it's 5 wave impulse move in the month of march and from that time it's making a correction. As per current price action crude making a expanded c wave flat correction. Crude can go up to 6000 or may be lower than that but major strong support will be 5000.
The markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc. Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%. Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from...
Crude Oil Ichimoku Cloud Setup : 1). Today's close is below the Conversion Line 2). Cloud is broken with volume 3). Chikou span is slanting downwards All these parameters are showing bullishness at CMP, and more bullishness will be visible after it cross 1300. If 96$ is broken then 87$ is very much possible. If sustain above 102$ then regain at 109$. #This...
Fundamental Development: Oil was up on Tuesday morning in Asia over supply tightness concerns as a strike in Norway threatened to disrupt oil and gas output. Brent oil futures rose 0.23% to $113.73 and crude oil WTI futures jumped 1.86% to $110.46. On Tuesday, Norwegian offshore workers began a strike that will reduce oil and gas output, according to Reuters. The...
Fundamental Development: Oil was down on Monday morning in Asia as fears of an economic slowdown outweighed the supply tightness amid lower output from the Organization of the Petroleum Exporting Countries (OPEC).Brent oil futures inched up 0.05% to $111.66 and crude oil WTI futures inched up 0.01% to $108.42. In addition, a strong USD also weakens broad commodity...
MCX:CRUDEOIL1! Trade Setup for 04-07-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...