On Trendline breakout Brent Crude possible to come back again to $100+ club
As per wave structure wave 1 and wave 2 of bigger degree has been completed and now, possibly we are unfolding smaller degree wave 1 of bigger degree wave 3. It has given breakout with good intensity of volumes on hourly chart. Well, Overall crude oil is looking good to go long at these levels with stop loss of $ 85.70, for Targets of $ 90, 92, 93.70, 97.86,...
USOIL Chart Pattern - Symmetrical Triangle Chart Pattern Type - Continuation Pattern Time frame - 15 min Taking support from lower trend line. This chart is for educational purpose only. No trades are recommended
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
As we could see that in the last week the crude oil has broke the descending channel break out and gave a bullish movement and now the retrace too has been given. So once the price closes above 91.62 in four hours or in daily cancel then the price would go to 97, 101 and don on. So kindly take ur own analysis and start ur tradings.
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
Crude can take support in hourly chart as done earlier. keep watch.
Next session possibilities. Crude Oil Next Half Session 5PM 30august2022
Idea on base of closing point at ending session of today 29august2022.
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
23-24 August will be the bottom on USOIL. Based on this time data and ofcourse the price action we have got I think this week will turn bullish on USOIL and we can see a good recovery coming!
USOIL 90.5$ Inverse HS can be seen in hrly chart... Staying above neckline can see more bullishness in this crude Vedang Chart is for study purpose only!!
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
Crudeoil 1hour time frame crudeoil has resistance at 7301-7280 levels if sustain this levels we can see can oil can fall till 7080 level just for educational purpose only
Sell crudeoil as per astro cycle.. target 6600 below
US OIL CMP 87.45$ Looking at the structure, it seems crude is ready to complete it corrective phase Also here A=C in terms of pips But yet to touch channel bottom... if we start a new journey Crude can gradually move towards 125+$ above 95$ , recent low as sl .. and I would be only buying dips Chart is for study purpose only!! Vedang :)
Crudeoil broken major support levels in daily chart next support levels would be 6333 if sustain at this levels we can see upside move 6900 to 7550 levels if not sestina it may fall till 6000 - 5900 levels just a view for educational purpose only