one can long if breakout happen then it can go till above PRZ. anf if find reversal there then one can short from der
Crude Is good for both short and long at support and resistance points
Natural Gas levels..13/10/2020 (1hr Candle)
Expecting a long move confirm the breakout and enter
Day pattern - Descending tri (down) USOIL breakout rejected from the previous high, no bull power to move forward. Should break the hour support & the support below to reach the target.
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)