As crude oil is continuously moving in an undecisive manner, not giving many moves to go long now, we can see a good move from it. the triangle breakout will give us a good long and short position in the upcoming weeks. Levels that are holding the immediate support are 85.50 for the short-term period and 82.00 for the long-term period. levels that are ...
Crude price reverse back from around 90.50 for 7 times in last 12 days. Today again it visited the hurdle and turned back. Interesting to watch .
Price is trying to take support at prior low but RSI is making lower low. Looking at scenario, we can guess that... Price can not sustain at these levels.
Crude Long (01 Nov) RSI-55 Buy at CMP- 7257 or at 7240 SL- 7200 Target- 7340, 7379 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Crude 15 minutes timeframe has 🐻 divergence. Chance of price drop is there.
Levels: Support: 7250, 7180, 7130, 7000 Resistance: 7250-7275, 7300, 7400. OI Data (16th Nov Expiry): Highest OI Call in Crude per OI data: 7500 Highest OI Put in Crude per IO data: 6500 Nearest Major Resistance in Crude per OI data: 7300 (the CMP) Nearest Major Support in Crude per IO data: 7000 Trade setup: 1. For any buy trade, follow the N pattern (let...
On hourly chart, there's bullish divergence. Chance of upmove is increasing.
Crude Short (31 Oct) RSI-40 Sell at CMP- 7182 SL- 7273 Target- 7110, 7055 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Crude oil making a bearish pattern and still showing the sign of bullishness. Fight between Bull and Bears for the trend to continue. Which way will It go? Crude respects the levels we analyzed In early posts, shows a good move over the period. The up-trend move after the breakout of the price mark of $87.894, was slowed down after the price tried to...
Levels: Support: 7180-7160, 7120, 7000 (Solid Support, even in OI data) Resistance: 7250-7275, 7300, 7400. OI Data (16th Nov Expiry): Highest OI Call in Crude per OI data: 7500 Highest OI Put in Crude per IO data: 6500 Nearest Major Resistance in Crude per OI data: 7300 Nearest Major Support in Crude per IO data: 7000 Trade setup: 1. Still by-and-large...
Crude levels for evening session: ------------------------------------------------------- (Just sharing screen with levels - did not checked OI data). If it goes above the red uptrendline ~7400 level, it will be bullish for sure. Below 7125-7150 has good support. Mota mota: 7100-7400 level for today.
#Crude Short (28 Oct) RSI-34 Sell at CMP- 7238 SL- 7342 Target- 7132, 7075 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. #mcx #commodities #commodity
WTICOSUD(Crude Oil) is showing some interesting movement on major levels. Major upper and lower levels could be breached in the future. Crude Oil is showing a strong upward movement in the 1Hour chart breaching the level of $87.894. It seems that the counter is consolidating, if the price retests the levels of $87.80 and makes any type of bullish...
Levels: Support: 7180, 7120, 7120, 7020 Resistance: 7290-7300, 7360-7400. OI Data (16th Nov Expiry): Highest OI Call in Crude per OI data: 7500 Highest OI Put in Crude per IO data: 6500 Nearest Major Resistance in Crude per OI data: 7300 (1370 OI with 16% addition y'day) Nearest Major Support in Crude per IO data: 7000 (2615 OI with 25% addition y'day) ...
Crude is trading in no trading zone.We had marked corresponding demand and supply. When the market will reach either of demand or supply zone marked, we will plan our trade depend on candlestick or chart pattern.
Crudeoil forming head & shoulder pattern. Below 6950-6900 it may nose dive.We are keeping on radar crudeoil 6800 PE.
This is my assumption on Crude Oil and it may be 100% wrong in actual Trade. I am not a SEBI registered analysts and I do not encourage anyone to take trade on the basis of that. Please consult your Financial Advisor before entering into any trade. I just shared what I feel about Crude Oil in the coming days.
Will Crude “Break Down” Or “Rise”? The current crude chart raises a lot of questions..... Will wticous(crude) break the recent low, or will it show recovery for an upward movement? Is the support level of 83 valid? Are the fibo levels in the 1hour chart working in the favor of a bullish move? If at all the price breaks the 83 mark or support, where would it...