Crude oil has started moving forward since May. It will not stop here. It's just a WXY correction. According to Elliott's wave theory, it has completed the sub-wave under the 4th wave. It's consolidation time. Crude oil prices may fluctuate between the range of 4000 - 5400 . Hence, long-term investors can keep buying crude oil. So, what about short-term...
CATCH A RALLY usoil will be down trend for 30 min chart
US OIL 🛢 gave a 2.57% in short time going to reach our previous analysis of double bottom neckline if it brake neck line so we can expect a huge uptrend NOTE : commend which script to analysis DONT FORGET TO LIKE & FOLLOW FOR MORE UPDATES
MCX Crude Oil Intraday trading level for 15SEP2021
MCX Crude Oil Fixed Intraday Trading Level for Price Range 5700-4500
US OIL formed double bottom so wait for break and close above neck line 77 $ if its valid we can expect the target of 85 $ and sec target 90 $
Brent crude oil has broken the trendline resistance and it looks like primary wave 5 has started, and within wave 5 , wave I and wave II are posiibly been completed and wave III should now unfold at $ 79.40 to $ 80.21, where wave III will be atleast equal to wave I, and on the down, the swing low of $ 70.89 will be now crucial support. one can go long at current...
MCX Crude Oil Intraday trading level for 14SEP2021
Yea yea, I know Oil is most manipulated commodity on the planet. But amidst the super consolidation worldwide, the most suppressed commodity is oil, and the hurricane supply chain destruction will annihilate the supply. We should see sharp rise in Brent Oil futures in coming days. It’s inevitable. I have given a range of targets from moderate to aggressive....
Crude Oil continuous futures contract on the weekly chart seems to have pulled back from its decade+ old trend line breakout. Breakout happened in Jun'21 and crude bounced back on the trend line. We have seen successful bounce from the trend line support and can expect the price to turn bullish from here on the weekly scale. If so, 76 would be the immediate target...
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 4-5 times.
The current price action has formed a bullish triangular pattern which suggests that one should go long with SL of 67$ & look for the target of 71$ -72$
MCS CRUDE OIL INTRADAY TRADING LEVEL based on my analysis. Thanks
resistance at 5155 , pervious view high , a strong bull move is yet to come
MCX CRUDE OIL INTRADAY TRADING LEVELS based on my analysis. Thanks
Triangle Pattern found in Crudeoil. Upside Target 5150 and Downside Target 4924. Wait for Breakout or Breakdown. Take a Position after Breakout or Breakdown on Next 15 min Candle.
MCX Crude Oil Intraday Trading Level, based on supply & demand zone, support & resistance and order block