NG has touched the resistance trend-line of daily time-frame. So the price of NG might fall. So here's my probability study in 4 hours time frame. Entry: 3.064 Stop Loss: 3.1 Target 1: 2.997 Target 2: 2.957 Disclaimer: This is the study based on my view. I can be wrong. Please apply your own study for entry, exit & stop loss.
Crude levels...09/10/2020 (1hr Candle)
Crude is forming a Inverse Head and shoulder - Waiting for the confirmation on Brakeout. Just for educational Purpose. -This Analysis Is Done Only For Educational Purpose, Never Invest Or Trade based on this. I have all the rights to be wrong on my views :)
Hi Traders, ONGC can be entered between 67.45 and 68.50. The stop loss is bare minimum, and the profit range is pretty high. We can see the targets being achieved in a month or two. It is a positional trade. The long term strategy traders can go further beyond the targets. Buy on dips at following entry prices: Entry: 68.50, 68, 67.50 SL: 66 Target:...
Hi, Time frame- 30min for good trend decision and clarity of trade. RSI is moving above 45 and will cross 50 soon The level is decided on fib level and Ichimoku conversion and baseline, as per current trend the support has taken on previous dynamic level i.e. 179.5 also conversion line is showing upside and price is above blueline i.e. Conversion; closing above...
Midterm forecast: 46.50 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: A peak is formed in daily chart at 44.15 on 09/18/2020, so more losses to support(s) 36.95, 33.80, 19.40 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against...
#CRUDEOIL should head down below recent lows in wave C as part of the correction following the break out from the ending diagonal .
Buy above 355 for targets of 365-370 with stop loss below 348. Trail SL closely due to downside risk.
crude levels...05/10/2020 (1hr Candle)
Natural Gas levels..05/10/2020 (1hr Candle)
I hope you can now see how USOIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
CRUDE IS FORMING A SYMMETRICAL TRIANGLE LIKE PATTERN - AND REJECTING AT FIB 61.8 - 50 % LEVELS GOOD PLACE FOR SELL....CRUDE IS IN SELL TREND BETTER GO WITH SHORT'S... TARGET IS - 2800 STOP ABOVE - 2984
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (39.82). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USOIL is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Price rejecting from $ 40.50 continuously and at the same time price is making higher low which shows the bullishness in this script. Required pressure is building up by squeezing the price and also it is reaching the breaking point. If breaks 40.50 then 41.50 should be the target and the ultimate target for this break should be $ 42.