Price rejecting from the trend line, If breaks the trend line then it will reject from 41.30, if breaks this level then we can expect long . . .
Price swings within the channel beautifully. It looks easy now but catching this pattern and taking trades at the right time will need some good experience in pattern trading.
Crude levels...25/09/2020 (1hr Candle)
#MCXCRUDE should head down below recent lows in wave C as part of the correction following the break out from the ending diagonal.
Giving you an idea into how i used instituional order flow to predict exact point where price reached. To all those who commented saying retail is gonna help, no amount of trendlines or macd rsi will help you predict with this precision
As a retailer you would have been probably stopped out below the support that i have marked below as a blue line. In reality it was a well planned move to the upside.
Clearly todays inventory data showed fall in reserves of inventory. So when inventory data is less it implies that lot of crude which was saved up as reserves were put to use or in other words consumed. Now I want to shift your attention to this term " PRODUCTIVITY OF A COUNTRY " When crude is consumed like the data shows it means productivity of a country is...
Just check How crude is near triangle breakout. Also check how scalping indicator is providing perfect buy sell signals!!
Natural Gas levels...23/09/2020 (1hr Candle)
learn how Algo performs so perfectly on Crude. This indicator will assist you in takig buy sell decisions in crude trading. Learn it over here...
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...
Midterm forecast: While the price is below the resistance 46.50, beginning of downtrend is expected. We make sure when the support at 40.00 breaks. If the resistance at 46.50 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: A peak is formed in daily chart at 39.56 on 09/14/2020, so more losses to support(s) 41.70...
crude levels...21/09/2020 (1hr Candle)
Hello Friends Just please check the our crude Algo. Please evaluate and comment.
Levels Mentioned in chart - its only for educational purpose