My view on CrudeoilCrudeoil forming inverse head & shoulder
Looking tgt 6600-6650-6700
in very short term👆
Keeping on radar Crudeoil 6500 CE feb
Let see👍
Oil
Brent head and shoulderBrent 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.
Crudeoil reversal zones 30-1-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #crudeoil
RSI based Crude Oil StrategyRSI 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 is less than 40, we have to find out sell trade.
Crudeoil reversal zones 27-1-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #crudeoil
INTERMARKET DIVERGENCE CRUDE & NIFTYInter Market Divergence btwn CURRENCYCOM:OIL_CRUDE and NSE:NIFTY suggesting we are nearing the end of corrective phase.
A Bullish Trend reversal likely ahead. As per Elliott Waves and Inter Market Analysis.
#Elliottwave
Crude Oil looks Extremely BullishCrude is bouncing from a very good Demand Zone in WEEK Time Frame and is near to the neckline of Inverted H&S in DAY Time Frame.
Buy when Breakout above Neckline
Buy above 6750
Tgt 7250 - 7600
SL 6500
Disclaimer: These are my personal views and are for Educational purposes & paper trade only. Please analyse yourself also and consult your financial advisor before investing.
Crudeoil reversal zones - 231-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #crudeoil
Crude Oil - Lets Wait for a DirectionCrude Oil. Bearish Case :-
Narrow Weekly Bar. Weekly MA Resistance. Daily RSI Resistance Zone. Weekly TL Resistance
Bullish Case :
COT reports JUST Started turning Bullish. Bullish Daily and Weekly Momentum.
So overall scenario is still confusing.
Ideal case will be to attempt ONE more Leg down and then UP. But, that is not a necessity. So waiting for a concrete resolution of direction.
Daily Close above 81.25 may be helpful for bullish case
crude oilCrude 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.
Oil and Gas in focus ONGC 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
Crudeoil Reversal zones 18-1-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #crudeoil
Crude, is it ready to nose dive?Im shorting Crude with a strict SL of 80 (DCB)... Possible positional targets of 55...
Happy pongal to all Please follow the previous charts shared on 10-1-2023 for today. #Nifty same, #Banknifty same, #naturalgas same, #crudeoil also same chart
OIL - Ichimoku Bullish Breakout 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 purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
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AUDUSD CASE STUDYAUD/USD case study
-Price did come back into the demand zone
⁃ Price is not approaching the 4H supply zone
- It has been a lot of imbalance when buyers are in control
Crudeoil reversal zones 10-10-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
Crudeoil reversal zones 9-1-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
crude oil looks bullishcrude oil is in making of H&S pattern. we can enter when the neck breaks. target, sl and entry is given. make use of the opportunity.
Clear Cut Flag N Pole Pattern in Crude Oil Clear Cut Flag N Pole Pattern Spotted on Crude Oil 1HR Timeframe Do share your Views.
Thank You.
Crudeoil reversal zones 6-1-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles) .
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
Oil Hunt for Last BullCrude can end its Wave Z around 62-56 levels & we should see at least 7 swings higher towards 100$.
