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Niftymovers Niftymovers CL1!, M, Long ,
CL1!: Crude Oil seems to be heading towards $82 by mid 2018
38 0 0
CL1!, M Long
Crude Oil seems to be heading towards $82 by mid 2018

NYMEX:CL1! Monthly Chart: ABCD Pattern on process. (D wave in making). Target is $72 by mid June 2018. Also it is in safe buy zone = above $50. ( Trading above 0.618 of Fibo retrace of B to C wave). below $41 pattern gets nulled. Do Not to trade.

raj3elite raj3elite USOIL, 60, Long ,
USOIL: Bullish AB=CD Pattern on USOIL
301 0 14
USOIL, 60 Long
Bullish AB=CD Pattern on USOIL

Bullish AB=CD Pattern on USOIL and MACD on bullish crossover on bearish trend. Trade: Buy above - 44.40 Target 1 - 44.93 Target 2 - 45.44 Stop Loss - 43.90

SachinChouhan SachinChouhan PRO USOIL, 15, Long ,
USOIL: oil little up-52.50$
131 0 3
USOIL, 15 Long
oil little up-52.50$

again short at 52.50

Nar Nar USOIL, D, Short ,
USOIL: WTI Crude
39 0 1
USOIL, D Short
WTI Crude

Crude oil markets have been responding positively to the cut by OPEC and this has effected the sentiment of crude heavy stocks like XOM. In Sept of this year a double bottom formation was seen as confirmed by MACD indicator followed by a sharp increase in prices. The 50 day EMA shows signs of slight uptrend. I would expect a correction in the price down to the 48 ...

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