Crude levels ...31/05/2021 (1Hr candle)😊
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
A decisive break in of US OIL of 67 level can resume the uptrend. Gonna blast above that!
CRUDE levels ...24/05/2021 (1Hr candle)
Crude has breached daily pivot and now heading lower. Opened gap up and now ready to fill the gap and go down. Keep a SL above today’s high.
As you can see Crude oil in uptrend, if not break 4840 in forthcoming sessions, it may fall till 4586 to complete ABCD pattern and can get a reversal PRZ there in coming week. It is just for a view
Execute Short below 4850 if the RSI and price breaks the trendline downside with 15 mins candle close for a target of 65 points minimum. Kindly share your valuable feedback. Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
Sell Crude Oil Below 4680 Strict SL - 4841 Target - 4550/4222/3800
Crude levels ...10/05/2021 (1hr candle)
Double Top - Bearish candles expected in the upcoming days if the demands are lowered. After the double bottom the market has showed a steady up trend rally. Same way now Double top has been formed. This has happen before and again its showing a strong double top , Hence down trend rally is possible if the demands are lowered. Given is my personal analysis.
Execute Long only when the RSI breaks the trendline .Wait until the 15 min candle close to avoid false signals. Stop loss can be the low of the previous candle . Disclaimer: This is for educational purpose. Please do your own analysis.
Crude Oil Cup & Handle Setup in Daily Chart. Ready to Brackout. ( Only for Educational Pattern)
0- if crude start trading above 4865 and sustains this level up-- it will hit **5181-- 5600** soon 1- According to major S&R Near Resistance for crude will be test 4963 level on weekly basis, till here one should go long. 2- If want to try short - short around this level- 4960-65 sl 4988** points target 4780, 4700 again there is support, We support and guide...