As discussed live Crude hit a low around $ 50.45 in US session. We went short with 3700 pe at 48 and booked profit at 132. Put went on to hit a high of 160+. Support for the day 3680 Resistance for the day 3761 Expectation Pull back underway , 3761 might get tested My trade I'll try to buy 3800 CE at support Real time update I'll update whenever I get...
As for a trend view I expect crude can touch 55$ to 57$ another few days
Expecting a bullish move after breakout of flat top pattern till 52.29 levels 1. MACD is showing divergence 2. Trendline line bounce expected as before. 3. Consolidating in a bullish flag 3. Ascending triangle forming
The weekly is favored turning up above 26.34 lows from 2/11/16 & the daily is turning down against the 77.01 highs from 10/3/18. Nearer term while above the 49.30 lows where the 4 & 1 hour are turning up it can correct the cycle lower from the 10/3/18 highs.
Crude is favored ended correcting the cycle up from the 12/24/2018 lows where the daily is turning up. The 4 & 1 hour are turning up against the 49.37 lows. While above there expect a turn higher.
Trend Reversal Done at Lower Time Frame and if took a buy entry @ 1.00 P.M its target got achieved with the help of Fib Extension!!!
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 15 to 20 times.
Curde running 4hr candle closes above 57.35 will confirm the uptrend signal, where you can go for long in curde.. target 60.20 in 1-2 week of time.. continue uptrend till 64 level stop loss will be update once buy triggered.
Hi... Friends I'm Dhanushkumar Now crude oil started to buy Our target is 58.80 and 2nd target is 59.65. This is my view. Thank you all.
Buy NSE:OIL on 147.30/- is fantastic investment
TREND ANALYSIS: Now Crude oil is Sideways in 1hr. once the market break upside, Crude will continue in the uptrend.