Crude Long (26 July) RSI- 71 Pole and flag Buy at CMP- 7865 or around 7845 SL- 7811 Target- 7923, 7970 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Crude Oil is Forming Inside Candle on Daily Time Frame , if it will not break yesterday's high then we will think to buy tomorrow on above 8914
Hello, crudeoil analysis & long-term swing trade buy: 7,740 targets: 8,870/1,0370 stoploss: 7,430. LOGIC BEHIND TRADE: Crudeoil formed W pattern on 1D chart buying from support bottom buying strategy, (target identified from harmonic xabcd pattern level 1.131) stoploss is taken low of support candle. 1st target is resistance of W pattern 2nd target is taken from...
SUMMARY:- *expecting retest of $93 *pattern breakdown is visible in the charts *but prices as of now are news driven *further relaxation in war news or de-escalation news will bring price down further *USA diving into its strategic reserves will make sure prices cool down further *for the time being $100 mark is broken eventually expect levels of $83-$85
Many of the telegram channel were discussing about crude uptrend is changed to sell trend, As per my view until this uptrend channel low not broken it is uptrend only. If tomorrow gap up or gap down open, it will work as per marked level only. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Crudeoil has been on a tear making new highs in the last few weeks . All this may have ended in a wave 5 of 5 and a major turn seems to have begun. The downmove from the Feb 15th high is clearly a diagonal wave A ( or wave 1) , a correction in wave B ( or wave 2) has completed a few hours back. As long as the 94.95 high holds , look for an accelerated move at a...
Crude Oil may be facing major supply in the zone 6913 - 6795.
Crude oil is forming impulsive waves ((5)). After the completion of wave ((3)), the price had started complex running flat of the corrective wave ((4)). Wave B has crossed the high of wave ((3)), but wave B couldn't break the low of wave A. Price has made a failure of swing low, which was a rejection of a downtrend, and crude oil gained momentum. Price has...
Gold Price Slowly Going Upside Key levels: 48113 - 47616 MCX gold has been moving under the range of 48113 - 47616. It's a very crucial point. We may see a continued uptrend ahead if it breaks and close above 0.382 retracement level. That can be up to 48260 - 48490 - 48600 - 48700. And if it breakdown the 0.5 retracement level, then we may see 47496 - 47300 -...
Price had made extreme low at 795 on 20 Apr '20. It had started a quick recovery after an inviolable bottom-out. Due to bearish sentiments and no evidence of the verified bottom, It had constructed 2nd wave correction. The second wave retraced 38.2% of wave 1, which indicates a sturdy bull trend is ahead! The acceleration phase lasted for 246 days and, the...
Crude oil has started moving forward since May. It will not stop here. It's just a WXY correction. According to Elliott's wave theory, it has completed the sub-wave under the 4th wave. It's consolidation time. Crude oil prices may fluctuate between the range of 4000 - 5400 . Hence, long-term investors can keep buying crude oil. So, what about short-term...
MCX Crude Oil Intraday trading level for 14SEP2021
Buy Crude Oil Sep Future below 4970, T1 - 5106, T2 - 5280. SL as per your risk profile.
MCX Crude oil can go down for a retracement value of 0.236 in the upcoming days. So, intraday traders can set the following targets to make some money: 4560 - 4500 - 4460 - 4400 But, if brent oil breaks $66.60 upside, then change your position for the following targets: 4800 - 4880+ Refer to the recently published NYMEX Brent Oil Futures article:
Sell crude oil at 4568 stop loss 4593 Target 4473
Crude oil is on Sell as per our Tycoon Gann trading sell at cost and hold for targets
crude oil 4336 Stop loss at 4300 Target 4387