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 peak is formed in daily chart at 64.83 on 02/18/2021, so more losses to support(s) 58.65 and minimum to Major Support (54.40) is expected. Price is...
buy crude oil at 2897 stop loss 2865 target 2850 / 2877
Sell crude oil at 2754 stop loss 2782 Target 2676 Fibonacci and gann always rocks follow us support us and research with us
buy crudeoil at 2565 stop loss at 2549 Target 2628 / 2654 Fibonacci and GANN always rocks follow us support us and research with us
Just check How crude is near triangle breakout. Also check how scalping indicator is providing perfect buy sell signals!!
learn how Algo performs so perfectly on Crude. This indicator will assist you in takig buy sell decisions in crude trading. Learn it over here...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (42.80). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Brent is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
BPCL can move either side. Chart analysis shows it has broken the support zone and should head down towards 360 levels But privatisation and fall in crude oil price can push the price up. Due to coronavirus, the market is mostly based on the news rather than technical. Upside target of 503
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.
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 8 to 12 times.
Please like and follow to get more updates ideas.. Levels are mentioned on the chart.. Know your own risk before invest.This is just my idea not an investment advise.. Check out my other ideas too..
TREND ANALYSIS 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 2nd entry setup, if available then short. R:R is 8 to 15 times.
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On the back of Crude inventories data released by American Petroleum Institute(API), according to which inventories fell less than expected, the commodity declined sharply citing lower demand. For further confirmation of the same one can watch crude inventories data about to be released by US government's Energy Information Administration (EIA) at 20:00 Hrs IST....