WTI crude triangle flag As shown in chart its formed triangle flag pattern.
Possible targets:
1) 55.25 $
2) 55.60 $
Crude Oil WTI
USOIL - Parallel channel resistance breakout at 4 hours TFUSOIL - Parallel channel resistance breakout at 4 hours time frame
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
USOIL - Expect Trend line breakPrice moving inside a small box after the big up movement, in other words price is getting ready for a big movement when it breaks the box.
Price now reached the bottom of the box and one can expect the price to break the trend line and reach the top of the box.
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Crude Oil-current contract analysislevels mentioned in the chart
if u want learn commodity trading.
just start with(just follow) only one commodity.this it better optoin for making money from the commodity market.
USOIL - Parallel channel formation at 2 hours time frameUSOIL - Parallel channel formation at 2 hours time frame
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
USOIL - Parallel channel pattern formationUSOIL - Parallel channel pattern formation
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
USOIL - Parallel channel pattern formation at 4 hours chartUSOIL - Parallel channel pattern formation at 4 hours chart
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
crude intraday pattern rising wedge currenlty it is in a down trend and micro double top
rising wedge 20%percentage to break up and 80% will favour the bears.......
do ur own analysis before trading
Brent Crude OIL EW analysis on lower time frameOm Namah Shivay
Trying brent crude oil EW analysis. The structure with EW in Crude OIL have own characteristics.
The structure looks like an Impulse after previous impulse + abc structure. Possibly there is small correction or sideway on short term.
In Crude, the 5 wave impulse that we counted now, is part of a bigger impulse wave. Previous impulses are very dynamic which suggests if this is going to be an impulse, then the long side ways are part of it.
Om Namah Shivay
Crude oil Buy / Sell Based on Fibo and GannSell crude oil at 3900
Stop loss at 3920
Target 3847 / 3821
MCX Crudeoil - Forecasting the Next step with EWTMCX crude oil has made the bullish Elliott wave on the 4H time frame. The fifth wave is remaining, and the trend has to cross 3900 - 4000 - 4040 to complete the fifth wave.
Then the trend will fall for a short time to make the A of the ABC correction. After that, it will rise again to a particular level to make the B, and then fall again for a short time to make the C. This is how the trend will complete the Elliott wave pattern with the ABC correction.
But if it falls, then it will be the failure of the Elliott wave. And targets for the fall will be 3700 - 3650 .
As per the indicators............
DMI- ADX is greater than 25, +DI is above the -DI. DMI shows the allover uptrend. RSI is indicating the uptrend, too.
USOIL - Parallel channel pattern formation at 2 hours time frameUSOIL - Parallel channel pattern formation at 2 hours time frame
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Has Crude Oil Topped Out ????Answer Is Yes, Shooting Star Observed On Daily Chart.
Now Until Crude Breaks 3980 On Upside, It Is Only Sell On Rise..
