CFDs on Brent Crude Oil
resist. 83.00-83.30 support 82.00-81.00-80.00 watch carefully in this zone and plan trade
CRUDE OIL RESIST 81.00- 82.00 SUPPURT 80.00-79.00 Watch carefully in this zone
Symbol: USOIL TImeframe 2 hours Analysis Breakout from symmetrical triangle. another pattern we got is cup and handle pattern. Note: Education purpose
Hey Traders,I'm keeping a close eye on crude oil as it appears to be gearing up for an interesting move. Currently, it seems like crude oil is heading towards the $6800 mark.The key level to watch out for is the Chanmep level. If we see a breakout above this level, it could signal the start of a significant rally.Keep a watchful eye on the charts and let's see how...
USOIL Which is showing a great opportunity USOIL is fighting with the resistance. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Analysis On 28th Feb 2024 USOIL seems like taking support of 100 Ema on Monthly and Daily TF. If it close above 5ema at the end of this February Monthly Closing it would be good confirmation to Buy.
As per chart Nasdaq showing reversal from support. It may run to test it's all time high soon.
the price might sweep some liquidity before moving up near around 74 level sweep the target comes out as 82 and 88 which comes near about 10-15% upside potential not a trading advice just my outlook considering other factors fundamentally
US OIL faceing a trendline support on week chat Hence a good opportunity for all forex and CFD user to grab this one It will be bullish for more than 1 mongth Due to week chat analysis Hence analyse yourself for short-term trade just buy side only Market is bullish So trade only buy side on your trade setup
Reasons To Enter : NSE:ASIANPAINT 1. Stock about to breakout after consolidating for a almost a month . 2. Crude Oil is going down , so considering the inverse correlation between crude oil and paint stocks , we can see demand going up as oil gets cheaper . 3. Stock closing above both 50-9 EMA 4.Breakout , retest already done . Now price might go up...
Lots of News and Up n Down. Will More fall be there in Crude or it will Consolidate here for sometime. We will wait for inventory Data and Any news RED SEA NEWS and WAR NEWS will have major impact on this.... Till Enjoy weekend and do your study chart and levels is here.. :)
On weekly chart Crude is forming bearish engulfing pattern and at Bhoomi Maya's red band i.e. where any sell entry is activated. Target green bands 5761 as T1
price hovering between the order block from higher time frame and other factors considering that crude is good option to go LONG like to target near 6800 and 7200 levels further updates will be add on as per market movement
Symbol : USOIL USOIL is currently trading in a falling channel & consolidating in demand zone. Breakout of this channel & area will lead to a bullish upmove. One can Long in USOIL at Current level 72. SL : Below 70 Target : 75.50 - 78 - 82
The market is overbought at around 76.46, we are expecting a Sell off for about 200 points, This will also mark a weekly correction. The fundamentals are currently supporting this move.
Stock is down almost -9% from it's freak trade all time high 150233 dated 17 Jan. 2024 There is only strong resistance around 145800 All other unnamed green horizontal lines could be work as short term support to bounce back and profit booking from short postions. If Green line broken down decisively then "Support becomes Resistance" theory suppose to be...
CRUDE 4h chart update as expected price have pushed up into the 4h extreme FVG if price give a structure change in 15min we can look for entry in short here.
Symbol : Crudeoil or USoil Time frame 30 min Analysis: Breakout happened on the resistance line with high volume. So we can expect a target of 77/78. HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital.