Hi The PA suggests that the crude is good to short right now. I had missed the opportunity to short the previous breakdown (which you can see in the trailing chart). I made the chart well before but kept sleeping on it. Nevertheless, currently I am short on a 15 min timeframe. Will review it on one hour later.
Brent is at H&S breakdown at 83.97 Wait for confimation drop below 83.50 and volume spike Target 79 Please do your own research before investing.
RSI Based Strategy on commodity. We can use RSI in two timeframe to identify Bullish and bearish sentiments. 5 & 15 Mins timeframe is best for intraday Trading. Add two set of chart of RSI and make upper rsi band at 60 and lower rsi band at 40. In 15 min timeframe, if upper band value greater than 60.it means we have to find out buy trade. And RSI lower band...
Crude weekly bottom with deep crab then upside 2.41% level now completed reciprocal ab=cd with previous support area in 4 hour try to forming head and shoulder pattern Buy suggested above the closing of 6760 for the target of 7663-8556-9399-10005 holding trade.
The stock ONGC has been trading with a higher high and higher low price formation. Today, the stock broke out from a this horizontal line on above average volume. Upward Momentem possible Comment All your Views
Stock Name - Oil India Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 225 #This is not Buy and Sell recommendation to any one. This is for education...
Clear Cut Flag N Pole Pattern Spotted on Crude Oil 1HR Timeframe Do share your Views. Thank You.
Gail India Return potential - 8-10% / 15-16.5% Risk: 3-6% Risk::Reward ratio is 1::3 / 1::2.5 - Rest Every thing mentioned in the chart. Use it to plan your trade accordingly...!!! Do let me know if you find the analysis and insights helpful. Like and Follow for more ideas like these...!!! Take care & safe trading...!!! Disclaimer - The view expressed...
A short-term reversal move can be expected due to profit booking. The market has also peaked and there is a chance for the crude price to increase in the coming weeks. This can also affect the stock price adversely.
IOC The stock is in strong territory and has support at 73.5 / 68 Target for the current set up 79 / 84 / 90 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational...
looks like a small breakout next resistance on another trend line but looks like oil is going to boil from here watch out
weak setup on charts ,can see more declines as it is in downtrend a dual top formation also took place near term support at 81 trading below key averages
FCPO has been on the downside for an extended period, corrected huge. now we are looking for upside movement. as one can see RSI is also supportive, it may turn upside anytime soon.
Hello Traders, Hope you all are doing good!! I expect USOIL to go UP after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Expecting next move in Crude Oil - Option A. It may happen from tomorrow 09th Nov
Crude oil making a bearish pattern and still showing the sign of bullishness. Fight between Bull and Bears for the trend to continue. Which way will It go? Crude respects the levels we analyzed In early posts, shows a good move over the period. The up-trend move after the breakout of the price mark of $87.894, was slowed down after the price tried to...
WTICOSUD(Crude Oil) is showing some interesting movement on major levels. Major upper and lower levels could be breached in the future. Crude Oil is showing a strong upward movement in the 1Hour chart breaching the level of $87.894. It seems that the counter is consolidating, if the price retests the levels of $87.80 and makes any type of bullish...
Price has brocken out of the channel, we expected price to continue sell side after the consolidation