#OIL : Beautiful Volatility contraction in the form of cup & handle which can give Breakout soon >> Good Structure >> Good Strength & Decent Volumes Levels mentioned on chart Keep liking, sharing for more Learning
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Oil has given the movement as expected in our previous chart we expect the oil to touch the box I have drawn from there onwards we start our buying in oil it can go further down. we are taking a stop loss of 65 but it is impossible to catch a falling market so we will start buying the movement it touches our zone TVC:USOIL
As updated in the charts we still expect continued downfall in oil before it further shoots up for a new life time high TVC:USOIL . It’s the right time to stock oil . we recommend buying in it from 86 levels with a stop loss of 64 . Thank you so much .
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...
CRUDE FORMED DOUBLE BOTTOM AS SHOWN IN CHART, AND RETESTING IT.. LOOKS BULLISH ABOVE 3500 RESISTANCE. EDUCATIONAL PURPOSE ONLY !
# Technically Crude is at Long Term Lower Support Line # Magnet is in very favorable position for a Big Move # Time Frame for $ 20 to $ 40 is 6 Weeks # Weekly Charts have Positive Crossover of MA for Long Term UP move. # OBV on Daily charts have Positive Divergence