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WTI (CRUDEOIL) – Prepares for 88 USD!Hello, I think WTI is in a fabulous uptrend with target about 88 USD to 90 USD! Now we are in a corrective wave 2 pattern which belongs to a final wave 5 of 3 as you can see in the chart above and below. WTI closes the final wave 5 of 3 as a so called ending diagonal. The green box shows the expected area where wave 2 comes to its end (at about 66 USD, I suppose). I use the green box area to place another longorder. There are over 20 USD to collect, so this could be a very lucrative trade! Be careful, because If I am not right and WTI misses 63.57 USD, it goes down to 60 USD and deeper: I set a stop at 63.55 USD. Please leave a comment or a message, if you have any questions! Take care tgo
TVC:USOILLong
by HK-Capital-Management
Must Watch { Nifty on crucial levels!!! }Nifty is in a symmetric channel where there are 3 possibilites... 1. Chances are it may give breakout and follow uptrend channel which was happening from past days after little correction... 2. It May continue sideway move and give upside/downside move after few days 3. Breakdown, through which we may conclude that the nifty is ready for bigger correction... Targets in Case of Breakout : 9710/9750/9800+ whereas SL will be : 9650 Targets in Case of Breakdown : 9535/9480/9360- whereas SL will be : 9630 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
NSE:NIFTY
by MrAkshatP
6
Eagle - watch and catch the perfect entry/exit on NiftyEagle - wait and catch the trade at perfect level. I have mentioned the path of nifty for short term. Path 1 - drive to the trend line and vehicle may get accident once to touch trend line. Reason - MACD is not exactly on strong bullish trend so nifty have less probability to break the trend line. Path 2 - if nifty failed to break the trend line, leads to fall down to the support zone. Path 3 - summer season no water available in any well or lake. likewise after support zone, GAP was opened and nifty may slip from support, then fall to the end (fill) the GAP and may take some rest for a while - SIDEWAYS. ("Have a Break, Have a Kitkat") Path 4 - finally nifty may gear up to break the long trend line with the trend confirmation of MACD '0' barrier crossover. Note: Failure may happen when the nifty break the trend line in advance.
NSE:NIFTY
by raj3elite
2