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Crude Oil WTI

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
FX:UKOIL
by sudhannayak
1
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.
MCX:CRUDEOIL1!
by freestocktips
6
USOIL - Ascending parallel channel pattern at 4 hours TF - LongUSOIL - Ascending parallel channel pattern formation at 4 hours TF - Target will be R3 zone after inside parallel pattern resistance breakout 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.
TVC:USOILLong
by ponraj_srinivasan