MCX Crude Oil Intraday trading level for 14SEP2021
petronet lng is trading at bottom and possibility - 20/50 EMA cross 200 EMA --> Golden crossover expected
Yea yea, I know Oil is most manipulated commodity on the planet. But amidst the super consolidation worldwide, the most suppressed commodity is oil, and the hurricane supply chain destruction will annihilate the supply. We should see sharp rise in Brent Oil futures in coming days. It’s inevitable. I have given a range of targets from moderate to aggressive....
Crude Oil continuous futures contract on the weekly chart seems to have pulled back from its decade+ old trend line breakout. Breakout happened in Jun'21 and crude bounced back on the trend line. We have seen successful bounce from the trend line support and can expect the price to turn bullish from here on the weekly scale. If so, 76 would be the immediate target...
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 4-5 times.
The current price action has formed a bullish triangular pattern which suggests that one should go long with SL of 67$ & look for the target of 71$ -72$
MCS CRUDE OIL INTRADAY TRADING LEVEL based on my analysis. Thanks
resistance at 5155 , pervious view high , a strong bull move is yet to come
MCX CRUDE OIL INTRADAY TRADING LEVELS based on my analysis. Thanks
Triangle Pattern found in Crudeoil. Upside Target 5150 and Downside Target 4924. Wait for Breakout or Breakdown. Take a Position after Breakout or Breakdown on Next 15 min Candle.
MCX Crude Oil Intraday Trading Level, based on supply & demand zone, support & resistance and order block
usoil daily chart analysis channel formation and flag formation take support daily time frame
Formed Bearish channel, Also a Head & Shoulder pattern. A breakout above 5220 Levels can give you a great trade. Target 1: 5520, Target 2: 5608, Target 3: 5702. SL: 5050. Trade only after the confirmation and as per your own risk.
Crude waiting for break out ..based on chart levels take trade...keep SL
USOIL consolidating in a range...a big move can be seen in a while
Oil History - Based on Spread USOIL & UKOIL How the spread has reacted during difference phase of Geopolitics of oil life in last 2 decades.
With hurricane Ida easing to category 3 storm and the market sentiment dwindles over geopolitical, as well as covid, woes, Brent oil prices step back from multi-day high towards $72.00 during early Monday. The commodity’s Asian session run-up couldn’t cross the 61.8% Fibonacci retracement of July–August downside. However, a convergence of 200-SMA and 50% Fibonacci...