Brent Oil
CFDs on Crude Oil (Brent)
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
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.
weekly triangle breaked and taking support on previous week's resistance so up move expected..... target 1 is $61 target 2 is $64 stop loss 54.90
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (56.22). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USOIL is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
REASON FOR SELLL CALL: 1) SOLID SUPPLY ZONE REACHED AND REVERSAL FOUND 2) DAILY TF TRENDLINE REVERSAL FOUND 3) REVERSING FROM ASCENDING CHANNEL TOP TVC:USOILTVC:USOIL
Took Entry with small size to test this theory.... @ $59 (MCX 4204) Single lot stoploss at $60 (MXC 4272) Please do not coy this trade ..... Feel free to correct me if i have missed any thing
Gold is moving down now. it will be up after reaching it 50% or 68% of retracement level.
It's a great opportunity to take a sell entry, as we are near a big support and cutial price zone.
SEE THE TREND OF US OIL IT WILL TOUCH 59.10$ TO 59.40$ AND THEN AGAIN IT WILL START TO FALL TILL 56.30$ TO 56$ WILL SEE THE FUTURE MOVEMENTS : - >
Was fighting hard to go up and now seller may finally over come. A 1:3 risk: reward trade on radar.
USOil has again revisited the contraction zone which has proved to be a resistance again.....as per the wave structure, bias is toward the downside.....and the RR seems to be in favor.