Crude levels ...15/02/2021 (1hr candle)
USOIL parallel channel resistance breakout at 1 hour time frame Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
sell crude oil at 4270 stop loss at 4283 target 4219
Buy crude oil at 4217 Stop loss 4197 Target 4301
Sell on rise around 4380-4400 sl 4482 ( hourly closing) target 3978-3888. Valid for next 5 sessions. Disc : it's not an investment advice to buy or sell
Midterm forecast: 54.40 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 54.40 on 02/01/2021, so more gains to resistance(s) 62.30, 66.05, 70.35 and more heights is expected. Price is above...
Crude levels...08/02/2021 (1hr Candle)
Only for learning purpose
Crude us set to touch 4222 by 8 Feb EOD. If doesn't give close above 4250 then we may see correction in price towards 3980-3918 zone. Disc : it's not an investment advise to buy or sell
buy crude oil at 4103 stop loss 3080 Target 4185
buy oil above 119.50 both swing and intra trade can be initiated
As shown in chart its formed triangle flag pattern. Possible targets: 1) 55.25 $ 2) 55.60 $
USOIL - Parallel channel resistance breakout at 4 hours time frame Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Price moving inside a small box after the big up movement, in other words price is getting ready for a big movement when it breaks the box. Price now reached the bottom of the box and one can expect the price to break the trend line and reach the top of the box. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your...
sell crude oil at 3996 stop loss 4013 Target 3920