Crude Oil WTI
Crude Oil - Bullish CaseCrude Oil. Bullish Case :
COT reports JUST Started turning Bullish BUT yet not convincing.
Daily and Weekly Momentum turning Bullish.
Now if we get a SOLID WEEKLY close above the falling trendline (around 73.75), it could well touch 90 in coming weeks
Crude oil Future ( Next week Contract )Crude oil Future ( Next week Contract )
.
entry: 5765
target: 5800 / 5830 / 5865 / 5910
stoploss: 5700
.
.
enter only if market come again from "5810 to 5760".
.
wait for proper reversal and conformation.
.
don't be aggressive.
.
refer old ideas attached below.
Crude oil futures ( 13/07/2023 )Crude oil Future ( Next week Contract )
.
For " long "
entry: 5950
target: 5970 / 5990
stoploss: 5920
.
For " Short"
entry: 5900
target: 5855/ 5755
stoploss: 5935
.
.
enter only if market Breaks " No trade zone "
.
wait for proper reversal and conformation.
.
don't be aggressive.
.
refer old ideas attached below .
USOIL 1HTF breakout USOIL 1Htf breakout from a nice pattern
waited too long to this breakout to happen momentum would catch up soon
Lets see....
My view on crudeoilTrendline breakout possible in crudeoil.
Above 5910
Looking tgt 6000++ very soon
Keeping on radar Crudeoil 5900 CE
Crude oil important levels to watch `Crudeoil important demand and supply zones are marked on the chart.
#Target on the upside after break of resistance is marked in red line.
#Target on the downside after break of support is marked in a green line.
What is demand zone?
In simple words, demand zone is the price area having highest buying potential.
What is supply zone?
In simple words supply zone is the price area having highest selling pressure.
Follow us for more such content and give us a like to motivate us.
crude oil futures (30.06.2023)Crude oil
.
entry: 5750
target: 5800 / 5850 / 5885
stoploss: 5720
.
.
enter only if market breaks 5760
don't be aggressive.
Crudeoil M future ( Next week Contract )Crude oil M future ( Next week Contract )
.
entry: 5765
target: 5800 / 5850 / 5885 / 5970
stoploss: 5700
.
.
enter only if market breaks 5760
don't be aggressive.
Crude oil important levels to watch. CrudeOil important levels as per 15 minute time frame are as follows.
#Current Price: 5748
#Support: 5540
#Target on downside: Upon break of support expected ultimate target on downside can be 5300-5320 levels.
#Resistance: 5770
#targets on upside: Upon break of resistance, expected targets on upside are 5840, 5960.
trade only on trigger. Keep SL as per your risk appetite.
Please follow us for more such educational ideas, and give us a like if you like the information.
Bearish Harmonic Forming In Crude OilREAD CAREFULLY !!!
Crude Cmp - 5788
Bearish Bat PRZ - 5986/5991
SL - 6055
Target - 5830/5790
( It means Crude may move 200 points up from
here, so one can buy it with sl of 5724 )
Bearish Deep Crab PRZ - 6378
SL - 6431
Target - 6078/5990
( It means if crude breaks 6055 level it can
further move 320 points up )
US OIL Trend Reversal (Bearish)
Head and Shoulders on Hourly Chart..
USOIL Short Opportunity.
50SMA Support at 69.94
Next Short Term Target 68.01/66.80
CrudeOil Intraday Levels 26-06-2023Crude oil immediate demand and supply zones are marked on the chart.
#Support: 5650.
#Resistance: 5750.
expected targets on the upside after break of resistance are marked in red!!
and
Expected targets on downside after break of support are marked in green !!
Follow us for more such information and give it a like to boost our motivation.
USOIL Crude oil possible Elliott wave counts on hourly chartHello Friends,
Here we had shared possible Elliott wave counts on hourly chart of USOIL CRUDE OIL, in which we can clearly see that after low of May 2023 Oil has done wave (1) & (2) of some degree and now we are unfolding wave (3) of same degree, Inside (3) also we had finished wave 1 & 2, and now possibly we had started wave 3 of (3) which may go $ 73 as an equality or $ 76 as an 161.8% of wave 1 of (3), and in wave 3 also we had started wave i and still wave ii is pending, so buy on dips funda will be worth full in this case with invalidation level of $66.77, so if price goes below $ 66.77 then our currently shared view will be invalidated, because wave 2 will never retrace more than 100% of wave 1.
Some referral snapshots are shared below, please go throughout, My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Overall wave structure looks bullish as of now
Price making lower low while indicator making higher low on completion of wave C of wave 2 of wave (3)
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com/u/RK_Charts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
#AudjpyAlways take entry after multi. confirmation.
This is a smc & multi confirmation based entry.
You are requested to take full care of your risk management.
If I can be of any use to you, please dm me.
Crude oil intraday levels !Crudeoil short below the support level for immediate target marked in green line on the chart.
if crude oil bounced back from the support region immediate target on upside is marked in the red line.
Trade cautiously. Allow candle to close above or below the level to initiate the trade on either side.
CrudeOil Intraday levels. Crude oil taking support in the same region marked in green for multiple times. for a decisive downside momentum from here crude oil needs to break the support region as per 15 minute candle closing basis.
However, if crude oil manages to break the trendline resistance, the immediate upward target is marked in the chart with a red dashed line. and further upside can be the selling zone from where crude oil rejected last time.
trade only on confirmation.
Disclaimer: This is just a view and only for educational purpose. follow your own trading setup before initiating any trade.
Usoil15min.This is an entry taken after a multi confirmation such as SMC, price action etc...All of you are requested to trade only after getting multi confirmation and take full care of your risk management.
Crude Oil Important levels !After a sharp decline yesterday, crude oil managed to bounce back from the support zone.
currently, crude oil broken out from trendline resistance as per hourly chart and sustained above the supply zone.
Next immediate resistance or expected targets on the upside are marked in red line on the chart.
Disclaimer: This is just a view and only for educational purpose. follow your own trading setup before initiating any trade.
follow us for more such information.
Crude Oil intraday Levels !Currently crude oil is trading near its support zone.
a bounce back for the target marked in dashed line can be expected if it manages to close above the trendline resistance as per the 5 minute candle.
trade with caution. follow your trading setup before initiating any trade.
Crude Oil Intraday !Crude oil actionable areas are marked in the chart.
Please trade on 15 minute candle closure on either side. if triggers for upside or downside...targets are marked in the chart. As this is expiry today trade with caution and focus on scalping !
#XAUUSDThis can be a good buy entry. This is #smc based & multi confirm entry based, but You take your entry only after multiple confirmation And do take care of your risk management.
