Midterm forecast: . While the price is below the resistance 44.55, beginning of downtrend is expected. . We make sure when the support at 36.95 breaks. . If the resistance at 44.55 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 43.315 on 2020-06-08...
A nice flat top triangle and not much in the way of price, creates a nice trade opportunity on oil. Trade with care! - chartingfeed
1. Price already took the reversal from retraced to 61.8%. 2. on drawing AB=CD Pattern on the same Assuming , D = 1.28 = 101 ( reversal level) double Bottom D=1 , 110 ( Reversal level) 3. Sell Below 133 target 131, 128 , 126 SL:137
Crude followed the trend channel and gave so many opportunities in intraday to trade and make safe money This is a chart indicating crude gave a breakout in 5mn, 15mn, TF. now my target for Monday morning is 3079, 3086,3120 with stop-loss at 3030. Notr:- This is not a tip but for educational purpose.
Crudeoil Seems Getting Ready for Bearish Correction in Near Future
Can buy Natural gas on support @138 138.2 SL 137.7 T 138.6 139 139.5
Take entry now for swing trading tgt 1 - 125 tgt 2 - 120
Hi, As per my analysis crude formed triangle pattern.. now it is being expected to reach the target of 41.55 USD. If you like my analysis Hit like and comment. Thanks.
crude intraday supply and demand zone
crude can continue up side raily if breakout happen
We can go for long at the entry point .. safe player can enter only after tribble top area . Have a profitable day
Fundamental positive cues: 1. Indian Govt. news on regulating tariff and facilities of LNG to boost demand 2. Decreased impact on financial performance in spite of lockdown 3. June and July seeing an increase in storage and pipeline utilization in its major sites (Dahej Terminal) compared to April / May 4. Permission granted to open LNG stations across the...
Please refer the image as I have mentioned all the levels of retest and target , go accordingly and follow the rules to proceed.
Crude Currently in range bound. so Buy only at 2965 and Stop loss at 2943 Target 3038 / 3113 Sell crude 3057 and Stop loss at 3077 Target 2984 / 2895
Crudeoil yesterday goes as we predicted .. now we can go for long only after 3025 reach .
IF crossed 2980-3000 level next level will be 3150 and if again facing same resistance at 2978-2980 near level than downside range will be 2800.