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
H4 - Bearish trend pattern. Currently, it looks like a correction is happening. Until the strong resistance zone holds, I expect the price to continue lower further.
USOIL symmetrical triangle pattern formation in 1 hour TF
forming a triange pattern in 1hr TF expecting a long run, confirm and enter position
Midterm forecast: While the price is below the resistance 43.75, beginning of downtrend is expected. We make sure when the support at 37.10 breaks. If the resistance at 43.75 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08 and the...
Weekly chart shows Long, should go Long positional for results. Enter at the hourly pattern breakout.
Price inside the channel either wait for the breakout or trade the channel, that is short when reaches the channel top and long when reaches the channel bottom.
NATGAS IS AT RESISTANCE. CAN BE SHORTED AT CMP WITH 2 RS SL AT MAX
Natural Gas levels...10/09/2020 (1hr Candle)
Crude levels...10/09/2020 (1hr Candle)
Once again (4th time in a row ) Usoil is making a symmetric triangle, breakout may happen both the direction. Wait for the break and enter the market.
Crude levels...07/09/2020 (1hr Candle)
Crude oil expected to raise from 2800 to 2835 level to hit 3200