Bullish any pull back to 39.5 will be bought into with a Stop of Below 38.. Upside we will soon see 43 and 45 levels
We must wait for the OPEC reports, which are speculated to be positive for the oil industry, with cuts in production and also the increase in industrial consumption motivated by the economic reopens that are taking place little by little. This generates a positive expectation for the rise in the price of futures and CFDs with possible levels that point to the...
Rounding top pattern. CMP - 2715 T- 2650 SL - 2645
We can go for buy and sell when the blue line price reached... daily wait for intraday level from 9.30 am to 10.00 am
I was wrong about the drop in oil, the market breaks the 33.00 area, most likely now is a rise to the 42.00 area.
SEEMS TO BE IN DISTRIBUTION PHASE!!!!!!!!
LONG@ 2648 & T.P.@ 2668 & EXIT@2612 2667 IS MAJOR RESISTANCE. 2553 IS GOOD SUPPORT. USE THESE S&R LEVELS IN YOUR TRADE PLAN. THANK YOU!!
SHORT@ 2557 T.P. @ 2535 EXIT @ 2593 ABOVE S&R LEVELS SHOULD BE KEPT IN MIND WHILE TRADING CRUDEOIL FOR TODAY. THANK YOU!!
Crude has formed rising wedge, we can expect a fall.
We can go for buy and sell after reach the level ..Stay alert from 9.30 am to 10.00 am for daily posts
POSITIONAL CRUDE OIL SELL IS EXPECTED, AND CRUDE WILL REACH 21 DOLLAR, CMP IS 25 DOLLAR.. EXPECTING TO REACH IN NEXT WEEK SL IS 28 DOLLAR AND AFTER A 1.5 DOLLAR FALL WE CAN REDUCE THE SL TO 26.5 DOLLAR LATER.
We can go for buy and sell after reach the level ..Stay alert from 9.30 am to 10.00 am for daily posts
Crudeoil is on supply zone if sustain than reached to 3200 level otherwise go down up-to previous demand zone level (marked with green color).
We can go for buy and sell after reach the level ...For 25 points of daily profit regularly follow my post .. from 9.30 am to 10.00 am i will update
Symmetrical triangle which is a continuation pattern has formed in crude oil 15 min chart. Possible upside is around 7% hence the target is 2600 whereas the stop loss is 2395. i would really advise to trail the stop loss.
Recommend short on WTI at 30.25. Its about to complete its 5th wave which also coincides with its resistance. Early Next week is expiry and we could see a sell off.