Try to find best entry levels for based on market struture and pa. Important levels Marked in chart, wait to price reach that levels and check for rejection from upside/downside in smaller time frames then only take trade. Can comment or ping me for any query. All views for Educational purpose, Trade at your own risk
After a 2020 crude oil recovered and makes new all time high of 9996. Crude oil completed it's 5 wave impulse move in the month of march and from that time it's making a correction. As per current price action crude making a expanded c wave flat correction. Crude can go up to 6000 or may be lower than that but major strong support will be 5000.
The markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc. Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%. Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from...
Crude Oil Ichimoku Cloud Setup : 1). Today's close is below the Conversion Line 2). Cloud is broken with volume 3). Chikou span is slanting downwards All these parameters are showing bullishness at CMP, and more bullishness will be visible after it cross 1300. If 96$ is broken then 87$ is very much possible. If sustain above 102$ then regain at 109$. #This...
MCX:CRUDEOIL1! Trade Setup for 04-07-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...
THIS IS MY IDEA , Buy 109 Sell 103 .. Only for study .. support & residents ..for week....
Failures cross the key SMAs join descending RSI line, not oversold, to keep crude oil sellers hopeful amid economic slowdown chatters. The black gold, however, needs to stay below the weekly support line, around $107.00 by the press time, to direct bears towards the last monthly bottom of $101.00. In a case where the energy benchmark fails to recover from $101.00,...
Crudeoil Resistance 8760-8880 Support 8670-8535 Trade As Per levels.
WTI Crude @ 111+ from 101 odd levels. Is the technical Pullback over... Watch out for 111.8-112.8 levels for more resistance... 108 to be small support Even if it breaches 113 still 115 levels will act as resistance... All other levels marked.
Levels In Chart Trade Accordingly. Above Blue Line Positive. below Red Line Negative.
MCX:CRUDEOILN2022 b]Trade Setup for 27-06-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
Crudeoil is now at buying level so we can expect till 110.9 as it is the good resistance level. Kindly do your own analysis and enter the trade. My view is long till 110.
Crude oil is giving fresh negative breakout on down trendline and macd too on weekly chart looking for 7700 #negativedivergence
Brent Crude can test USD 118 per barrel in the medium term to long term perspective and at the maximum resistance is seen at USD 183 per barrel.
Hello Traders, Hope you all are doing good!! I expect USOIL to go UP after correction here. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve...
Forming Inverse Head & Shoulder pattern in crudeoil Above 9550 Tgt 9600-9640-9700++ Keeping on radar Crudeoil 9500 CE ( june ) Hero/Zero
Crude is currently in a good uptrend without any major correction. This seems to be a bit unrealistic as there are not major base formations. It is forming a negative divergence with RSI moving down and the price is moving up . 9200 is the breakdown level. Once that level is broken , we can see 8800 9500 - Sell on Rise Levels
#Crudeoil Short (13 June) Double top RSI- 40 Sell at CMP - 9303 SL- 9387 Target- 9177, 9098 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.