Price inside the channel either wait for the breakout or trade the channel, that is short when reaches the channel top and long when reaches the channel bottom.
Crude levels...10/09/2020 (1hr Candle)
Once again (4th time in a row ) Usoil is making a symmetric triangle, breakout may happen both the direction. Wait for the break and enter the market.
Crude levels...07/09/2020 (1hr Candle)
Crude oil expected to raise from 2800 to 2835 level to hit 3200
Crude levels...07/09/2020 (1hr Candle)
Crudeoil sports clear 5 waves with wave 5 taking the form of a diagonal triangle. Crudeoil should head down for a few weeks to months.
Crude levels...04/09/2020 (1hr Candle)
Crude Has been trading in a sideways zone from past some time but if we look at the bigger picture crude is facing resistance in its major resistance zone. Moving averages are now flat indicating the price is flat and upside momentum is lost. price is taking support from the trendline. If the trendlibe break there might be a posibilty that price might test its...
Price will climb until $ 42.15 will reject from there and once again climbs up and breaks this resistance levels and reach the Box resistance. Refer previous analysis/ check the related ideas.
Crude levels...03/09/2020 (1hr Candle)
Price trading inside a box which is $ 1 range. Now making symmetric triangle pattern and it might break on either side. Wait for the box breakout and enter the trade accordingly. If you are an aggressive trader then enter the market when price takes support from the symmetric triangle.
USOIL symmetrical triangle pattern formation in 30 mins TF
Buy crude oil for intraday trading keeping the sl 42$ for the target of 43.5 /43.8
Crude oil has made Decending Triangleon monthly chart since 2008 clear indication of a crash.
Midterm forecast: . While the price is below the resistance 43.60, beginning of downtrend is expected. . We make sure when the support at 37.15 breaks. . If the resistance at 43.60 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08...
CRUDE OIL PATTERN MARKED ON CHART IF TRADED WITH B/O VOLUME ABOVE 3220 TGT-3235,3250,3275 IF TRADED BELOW 3140 TGT -3110,3095,3085 FEEDBACK IN COMMENT SECTION WELCOME this is for educational purpose inly, before trading do your own risk analysis mcpriceaction