Fundamental Development Oil was up on Wednesday morning in Asia, with investors continuing to digest a draw down in U.S. crude supply that raised supply concerns. Brent oil futures rose 1.01% to $106.03 and WTI futures jumped 1.14% to $103.58. The gains came after the European Union said on Tuesday that it is mapping out fresh sanctions against Russia. The...
Fundamental Development: Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about weak economic growth in China, the world's top oil importer, outweighed fears of potential supply stress from a looming European Union ban on Russian crude. Brent crude futures fell $1.13, or 1.1%, to $106.01 a barrel, while U.S. West Texas Intermediate (WTI)...
Fundamental Development: Oil was down on Thursday morning in Asia as the latest COVID-19 outbreaks and fears of more lock downs in China drove fuel demand fears. Brent oil futures slid 1.44% to $103.44 and WTI futures fell 1.36% to $100.63. The Chinese capital city of Beijing reported 48 new symptomatic and two new asymptomatic COVID-19 cases for April 27, CCTV...
There is an harmonic pattern found in crudeoil mcx and Usoil. Entry & stop marked red and black, targets in blue color. Note: 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. If you follow diagonal trendlines you can take entry and exit easily. (Color code...
Fundamental Development: Oil prices extended gains in early Asian trade on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Poland, while hopes of Chinese economic stimulus buoyed the demand outlook. Brent crude futures rose 44 cents, or 0.4%, to $105.43 a barrel. U.S. West Texas Intermediate crude futures gained 12 cents, or 0.1%, to...
us oil 1hr chart forming bearish harmonics bat pattern expecting short term sell
CL1! futures broke out of its upward channel in late February and now the upper end of this channel is acting as a good support. If it continues to hold these levels, new highs will be seen pretty soon!
Fundamental Development : Oil was up on Tuesday morning in Asia opening higher after falling sharply during the prior session. WTI futures were up 0.97% to $99.50. Both Brent and WTI benchmarks ended the previous session down around 4%, with Brent tumbling as much as $7 a barrel during the session and WTI falling roughly $6 a barrel. China will keep liquidity...
As per price action crudeoil is in sell on rise mode. Note: 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. If you follow diagonal trendlines you can take entry and exit easily. (Color code (only for diagonal trendlines ): green - bullish, red - bearish,...
wti in choopy range it may breakout soon in downward direction
Usoil 1D Chart looking bullish breakout ... This chart is just for education trade with our analysis
after good accumulation buyers are ready to move price up.. easy trade setup
Crudeoil Long (18 Apr) RSI- 68 Buy at CMP- 8140 SL- 8091 Target- 8250, 8333 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
CRUDE OIL Looking good to go long at current levels or in dips ( if any ), there is a good and clear assumptions of wave structure along with trendline breakout on daily time frame. Price again closed above mass psycology cloud, and also above RK's stop line and also price has given close above 20DMA, also trend indicator macd is showing same bias to go long. On...
broken reesistance level 1:3 risk reward ratio high possible win rate
Crudeoil reversal points marked will work until break the upper trendline. Note: 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. If you follow diagonal trendlines you can take entry and exit easily. (note: color code: green lines - bullish, red lines - bearish,...
Go long Buy at Rs 7930-7950 TGT - 8860 Geopolitical tensions are escalating and inflation is on the rise
Not changed my view in crudeoil today. Still in sell on dip range. Note: 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. 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...