MCX:CRUDEOIL1! as we can see on ARC on which levels it resisted. on that level harmonic pattern also was there. now again at ARC resistance with harmonic pattern we might see fall from here but as this #russiavsUkraine war going on if #crude cross current ARC and Harmonic resistance then we might see crude at...
#crude #crudeoil Monthly chart, i somehow think PRICE will repeat the history 105$ - 115$ and may be even 147$ in coming MONTHS And if this has to happen, then EQUITY upside may be unmeasurable for some more years Star-struckPartying faceSmiling face with sunglasses ....... obviously this is CRAZY, but!!!!
It seems that the uptrend is still in continuation this will move further if crossed 111 USD Might eve ln bounce from a little lower levels but I feel Upside is possible
Crude oil yesterday tested major resistance 115. It may rise up to 122 maximum, as per technical chart it should cool down from here. best way to short if it test 122 and close below 115 must short for target 91.
Crude Oil : It has break major resistance level 60 and trading comfortably above it. And also has broken long term trend line . Now it is in bullish mode. it may test 77 and next 95 soon. Thanks & Regards jk Like and follow, if you want such more idea.
TVC:USOIL now its itme too see crude on ground . sell on 114 -112 target 90-95
CUB 16/01/2020 : High : 249.35 07/04/2020 : Low : 110 75% : 214.51 50% : 179.67 25% : 144.83
Crude Oil is trading in its resistance zone and could go further down because of the recent war developments between Russia & Ukraine. Fall in crude oil prices will lead to a fall in equity markets as well.
Crude oil has channel breakout. Strong uptrend. Target upper trendline around 130.
MCX Crude seen clear uptrend channel working well may test upper trendline today. Chart shared here is purely learning purpose only.
Chart analysis for the day of MCX Crudeoil based on new strategy, it is purely a learning purpose.
Theses are the Intraday Levels according to my Calculation and Analysis....
These levels are according to my Calculation.....I will trade only on levels with double confirmation..
Below red zone is sell, and above green zone is buy expected
Considering running flat on higher degree & the previous diagonal as an ending diagonal , crude can be considered in 5th wave of higher degree. One should go long on current levels with SL of 91$ & look for the target of the 97$ and 99$-99.7$
This is my view on crudeoil for today, best possible reversal zones, above this top reversal point is buy zone can keep just 15-20 points SL. Im not advisor or tip provider, this purely educational purpose only.
Here are some supply zones for usoil ……with proper confirmation one can enter for short position
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...