we can go for short or safe player can wait for support breakout
Midterm forecast: While the price is below the resistance 46.50, beginning of downtrend is expected. We make sure when the support at 36.95 breaks. If the resistance at 46.50 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is...
Natural Gas levels...16/11/2020 (1hr Candle)
Crude levels...16/11/2020 (1hr Candle)
39.33 is the key level , if it holds crude oil will become CRAZY !! buy on dips suggested for present case !
we can go for short after base line breakout.. SL seing high .. targets mentioned in chart
#crudeoil if it breaks this zone, the next is 3250-3300. Watch out for 3040 level for Breakout
Crude levels ...10/11/2020 (1hr candle)
The corrective upmove should be at its last legs. We should now look for weakness and enter short. A move to under $30 is in the pipeline. The subwaves on the minute chat also indicate a 1-2, 1-2 pattern which should now accelerate if the days high is not taken
Crude oil have recorded the Same Bearish Zone for multiple times, again the same zone is expected to be the Supply Zone. Sellers can be expected over that area and the Target is also mentioned.
The Selling Zone is arrived in Crude oil for Intraday Trading
Sell crude oil at 2824 / 2835 Stop loss 2853 Target 2771 / 2745 Fibonaacci and GANN always rocks follow us support us and learn with us
Midterm forecast: 39.70 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. We will close our open trades, if the Midterm level 39.70 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 39.50 on 11/05/2020, so more losses to...
Natural gas if stays below the tendline can retest it's previous lows. Keep an eye
Can give a sharp up-move if manages to close above 215....SL - 212