Bullish trade in Natural Gas ! Favourable Risk RewardNatural Gas is looking bullish for today
It is a buy above 185 and sl to 15 min swing low to a good target of 187/188++
It could be a high risk to reward trade and must be taken by beginners
Energy Commodities
Stay Aleart On CrudeCrude is trading in a close rangle
Keep an eye on crude for bearish trade and if it turns bullish we should avoid trade for today
If bullishness occurs then we will trade it tomorrow
Why Crude Is Sell On Rise ?Crude oil is looking bearish only after the big red candle of friday. The view should be bearish below 6160 and bullish only above 6360.
Bullish trade should be avoided today and let the market decide
If crude sustains above 6360 then you can plan your trade tomorrow
CRUDE OIL TRADE SETUP!!MCX:CRUDEOIL1!
Good to short below 6410. (Wait for 5mint candle to close below 6400)
Targets :-
Level 1, 6378
Level 2, 6343
Level 3, 6302
Achievable targets are mentioned in chart as well
👉🏻thetradeforecast 🇮🇳
Bullish Trade In Natural Gas - Dont Miss This !Natural gas has given a good breakout above 180.5 with a sl of 179 target minimum target of 183.5 and 185.
A low sl with good risk to reward of 1:3 is a must take trade for new traders
CRUDE STILL BULLISH ? HOW TO PLAN A TRADECrude is consolidating at the price of 6390 and CPR is also showing some good momentum coming with increasing cpr compared to yesterday.
Crude is still bullish until it breaks its days low with the first target of 6470 which is approx 80 points from now.
BEARISHNESS IN NATURALGASNatural gas is looking weaker and can make a new days low soon with the first target of 168
CRUDE TECHNICAL IS BULLISHCrude is looking technically strong and cpr also showing some good momentum coming. the 1st target to expect is 6350
CRUDE OIL TRADE SETUPMCX:CRUDEOIL1!
Good to short below 6440. (Wait for 5mint candle to close below 6440)
Targets :-
Level 1, 6370
Level 2, 6340
Level 3, 6300
Achievable targets are mentioned in chart as well
👉🏻@thetradeforecast 🇮🇳
CRUDEOIL Levels // 45 Min Support and ResistanceHello Everyone 👋
# On TradingView, the levels for Crude Oil include:
Support: 7180-7160, 7120, 7000 (Solid support, even in OI data)
Resistance: 7250-7275, 7300, 7400.
For MCX Crude Oil, the intraday analysis suggests:
Support: Calculated using commodityquant’s advance pivot point formula
Resistance: Valid only for today’s session on a 5-15 minute chart
CRUDE OIL IMPORTANT FIBONACCI LEVELS MCX:CRUDEOIL1!
❇️ IMPORTANT LEVELS 🚀
❇️ Support: 6464-6378-6240.
❇️ Resistance :6480-6520-6670.
👉🏻 @thetradeforecast 🇮🇳
Long term bullish with VCP/ Cup and Handle play in mid termFor India to become to grow Energy Independence will be the key lever. It starts from expanding Upstream capacity in Oil - which is where HindOil plays.
We are in 3 of Long term (Monthly) and 3 of mid term (weekly) with 3 of short term (daily) just finished.
Look for reversal signals to enter and enjoy the ride.
Short term target 415. No SL required - ride till 2030. :)
USOIL(h4) : Buy nowHello Traders,
📈 USOIL chart review :
- H4 candle has got a higher high swing -> trend
🎯In my trading opinion:
- Price will rise to retest zupply zone 78.00, so you can buy here with target R:R =1:1.5
📚 Remember that: Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
CRUDEOILENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
100-SMA challenges Crude Oil buyers at three-week highWTI crude oil has ended its four-day rise as prices fall from their highest level since July 19, due to a slow start on Tuesday morning in Asia. The oil price has moved back from the 100-day simple moving average (SMA). Still, closing above the 200-day SMA, positive MACD signals, and a strong RSI suggest buyers might push prices past the $80.15 mark. If they succeed, the next resistance levels are around $81.40 and $82.50, which will be key for sellers to defend.
If oil prices drop below the 200-day SMA support at $77.90, sellers might take control. If prices stay weak and fall below $77.90, they could move towards June and August lows of $72.40 and $71.70. If prices go below $71.70, they could reach the late 2023 low of $67.70.
Overall, buyers are likely to stay in control, but the potential for price increases seems limited.
CRUDEOIL - Day Trading Levels.MCX:CRUDEOIL1!
Disclaimer:
Candlestick charts are a tool for understanding market trends, but they do not guarantee future market behaviour. So, This is only for educational purposes only.
CrudeOil Levels For 12 August-14 AugustImportant support and Resistance Levels For Crudeoil.
When Market touches the level, the price action plays important roles.
For More Learning Reach out to us.
USOILUS Oil performed as expected, rising from the demand zone and is currently trading within the first supply zone. Now, I’ll watch to see how the price reacts. Ideally, I’d like to see shorts, as the decreasing bullish volume suggests that the upward move may not be supported at this moment.
US OIL APPROACHING FOR TRIPLE TOP US OIL APPROACHING FOR TRIPLE TOP
Features and Highlights :
US Oil is closed at 77.00 which is near to the earlier top, which is a strong resistance.
The price was retracted on 2 occasions at 77.05 and now approaching for Triple Top formation.
If the Top is breaches, further rally is expected in short term.
The trend line also formed a ascending triangle pattern. If not the Top is breached, the price will be oscillating in this triangle and take break on upward or downward direction of the trend.
Interesting to see the developments in the coming days.
USOIL (H1): 2 Bottom completed, waiting buy when retestHello Traders,
📈 USOIL chart review :
- D1 candle has got a strong reversal
- H1 has got 2 bottom
🎯In my trading opinion:
- Price will retest the neck line , you can buy here
📚 Remember that: Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
Crude Oil AnalysisWe can see a good upside or downside movement in Crude Oil in next one month. (After the break out/ break down)
USOILUSOIL experienced a significant drop last week, reaching the bottom of the daily demand at the 72.995 region, where price has since rejected. A retracement into the 4H supply is expected next week. Anticipate a price drop once the supply zone is tapped, either the first or second. Have in mind the analysis on USDCAD, we are anticipating buys so this confirms our bias on Oil as well. But again let's just wait and see what price will do.
