Crude oil trading in a tight rangeCrude oil entered in a consolidation phase. Box pattern formed on H1 time frame. Missing volumes and low ADX . Breakout with high volumes possible.
Crude Oil WTI
Bullish Cypher & Risky buy signal in US CrudeoilIn 4hrs timeframe we have bullish cypher in US crudeoil, but it came up without activate.
If go down again to activate it is risky call to buy, i doubt it will take SL TOO.
This chart just for observation
UKOILBRENT (Crude Oil):- 74.22 CMP, 80 to 90 zone (Multiple Resistance Zone)
1) Dow Theory (Downtrend Since 2008/2009)
2)Crude takes year to rise (But in pandemic its is rise too fast)
Crude Oil Looking good above 5515Crude Formed Round bottom. looking good above 5515,
for target up to 5650 - 5675
US OIL READY FOR THE RALLYAfter nearly 4 months of consolidation, US OIL about to break the crucial zone of 67-68 to witness 75 levels. The bullish momentum above that can zoom the price like anything!
CRUDE OIL FORMED BEARISH ABCD IN 2 HR TIMEFRAMECrude oil need to reversed from cmp tgts marked blue color n sl marked in black color
Take your own analysis before entry
USOIL Us Oil is in Daily Resistance after a breakout towards upwards it stared to give correction .Either it will be sideways for somedays otherwise it will reach upto 66 region in the daily breakout for retest then it will strated to push up
CRUDE OIL BEARISH BAT FOUNDWe already expecting Head n Shoulder pattern in Crude.
Now we have Bearish Bat also hope fully we can get good profit.
Entry n Exit SL marked in chart.
Take your risk and enjoy
USDWTI - U. S. Dollar / WTI Crude Oil Let us have a look at USDWTI Crude Oil Chart Daily chart shows crude oil trading in the ascending triangle. WTI Crude Brake and sustain above 67 levels we can see the higher levels towards 74.25 levels which offers a very good risk reward as one can keep stop loss below 64 levels. From the weekly charts you can observe the WTI Crude Break Out already happened above 64.36 levels and on weekly charts flag and pole formation also seen so all in all WTI Crude is showing strength so one can think of buying crude oil.
Only for Educational Purpose
HINDOILEXP (HOEC) analysis for JuneStrong Uptrending price , making HH HL.
May break strong resistance at around 128-131, if oil produces from the eastern offshore field (tentative end of June).
MCX CRUDE OIL FRESH BULLISH BREAKOUTCRUDE OIL POSITIONAL VIEW
Symmetrical Triangle Breakout in Established Up-Trend
RSI Sustaining above 60 Level
Look it for Bullish Entry Above 5080 or Between 4900-4950
Target - 5300/5700
Stop Loss - Daily Closing below 4890
US OIL 1D CANDLE STRONG RESISTANCEUS OIL 1D candle Strong Resistance at 66.32 from 2019
Current market trying to break this level from March
This idea is only for educational purpose.
A man who masters patience masters everything else.
CRUDEIf weekly close is above black horizontal line then crude may go up further from the current level...
US OIL ascending triangle breakoutAnalysis of US oil in 30 mins time frame
Breakout initiated, retesting took place for LONG
Self explanatory chart
For educational purpose.
Feel free to share your views
Trade at your own risk
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Ascending to new high?Ascending triangle kind of pattern is emerging with higher lows former on the lower end of slope. It gives strong support to idea that once it gives close above swing high resistance then next level could be 5700+. All EMAs are rising. Swing low will be the sl or close below the lower end of slope will be exit point.
Disc : it's not an investment advice to buy or sell
US OIl fueling itself before rallyA decisive break in of US OIL of 67 level can resume the uptrend. Gonna blast above that!
