Asymmetrical triangle formation Crude oil has formed asymmetrical triangle in weekly triangle. Ready for a blast move
WTI1! trade ideas
Crude went up for war and China stimulus but avoid buying at cmpDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
CRUDEOIL TRIANGLE PATTERN - BREAKOUT UPSIDE?Crude Oil Update (4-Hour Timeframe) Chart Analysis
Pattern in Formation: Crude oil is currently in the process of forming a triangle pattern. A breakout on either side could present a potential upside or downside movement.
Above 6340 = bullish move 📈
Below 6270 = bearish move 📉
Fundamental Outlook: Keep an eye on the Core PPI data at 6 PM, as it could heavily influence the next price direction.
Risk Management: Set stop-loss orders to protect your position in case of unexpected volatility.
Disclaimer: This technical analysis is based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
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crdue mcx update edu pur.crude mcx stya blw 6140 looks dwn fall till 6070++++ where 6189 strong hurdel if stya av than more up side till 6220--45 in spot stya blw 72.80 looks dwn fall till 72.10--71.70$ where 73.55 abv mkt dedcat bounce start
Crude profit booking expected yesterday 5750-5800 next Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude buy given from 5915 yesterday booked profit sell startDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
crude spot or mcx update edu pur.crude spot due to middle east tension looks up side where eyes on 75.55$ if stability than up possible till 77-79+++++ in mcx stya abv 6405 looks 6500-6666+++ soon where support find 6300 or 74.30$ let see wht nxt in coming days
Crude mcx until 6080 not break upside Target 6524,6686,6848-92Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude oil breakout! Crude oil has recently broken out of its trendline, forming a double bottom pattern, which strengthens the confirmation of the breakout. This technical setup suggests that crude prices could experience further upward movement.
From a fundamental perspective, geopolitical tensions between Iran and Israel are fueling uncertainty in the region, which historically puts upward pressure on oil prices. The threat of supply disruptions, sanctions, or escalated military actions can tighten global oil supply, pushing prices higher as markets anticipate potential risks.
Crude Oil Breakout!Crude oil has recently broken out of its trendline, forming a double bottom pattern, which strengthens the confirmation of the breakout. This technical setup suggests that crude prices could experience further upward movement.
From a fundamental perspective, geopolitical tensions between Iran and Israel are fueling uncertainty in the region, which historically puts upward pressure on oil prices. The threat of supply disruptions, sanctions, or escalated military actions can tighten global oil supply, pushing prices higher as markets anticipate potential risks.
MCX CRUDEOIL - POSITIONAL LONG TRADESymbol - CRUDEOIL (MCX)
CRUDEOIL is currently trading at 5690
I'm seeing a trading opportunity on buy side.
Buying CRUDEOIL Futures at CMP 5690
I will be adding more if 5550 comes & will hold with SL 5420
Targets I'm expecting are 6320 - 6585
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
We are holding crude buy trade from 5915 ,6330,6520 targetDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude Oil Future at Supply Zone .Crude oil Future at Supply Zone . If faced rejection we can see price moving to the lower target zone . Lets see the magic of the Zones .
Respecting the Zones This is a crude oil chart on 15 mins TF,
Crude Oil Futures respecting the Zones plotted by AI Quant-X indicator.
These Zones are plotted using Complex AI Calculation & Data Processed by Machine Learning.
Crude buy holding from 5915 6330,6525 next Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
CRUDEOIL TREND REVERSAL ( DOUBLE BOTTOM ) The W pattern, also known as a double bottom, is a bullish reversal pattern in technical analysis. It indicates a potential shift from a downtrend to an uptrend. Here’s a breakdown of the W pattern:
Formation: The pattern resembles the letter “W” and consists of two consecutive lows (bottoms) separated by a peak (middle peak).
First Bottom: This forms after a prolonged price decline, marking the lowest point of the current downtrend.
Middle Peak: The price then rises, forming a peak before declining again.
Second Bottom: The price falls again to a level similar to the first bottom, indicating a support level.
Breakout: The pattern is confirmed when the price rises above the middle peak, signaling the start of a new uptrend12.
Trading the W pattern involves waiting for the breakout above the middle peak before entering a long position. This helps in minimizing risks and maximizing potential gains12.
CRUDE OIL (XABCD Activated)What I have seen:
First price made a top at 7322 on 12th April 2024
Then formed a low of 6073 on 4th June 2024
Then the price formed a lower high of 7052 on 5th July 2024
Then the price made a new low of 6025 on 5th Aug 2024
Then the price made a lower high of 6736 on 13th Aug 2024
Then the price formed a lower low of 6020 on 21st Aug 2024
Then the price made a lower high of 6516 on 26th Aug 2024
Then again, the price took a new lower low of 5501 on 10th Sep 2024
Then the price made a lower high of 6069 on 24th Sep 2024
Then made a low of 5577 on 1st Oct 2024
(Here you see that the price does not break the previous swing low. Hence, lower lows stop here.)
And then the price at CMP breaks the previous swing high of 6069 which is the first time.
(It denotes that price changes its structure from a lower high to higher high.)
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I also draw the path to understand the Price structure.
Conclusion:
View got invalid if a candle closes below 6000
Target-6300, 6400, 6500, 6600+
(Note: If crude oil prices go up, then Paint & Tyre stocks will bleed brutally.)
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
CRUDE - long tradeCrude on crucial levels. A long trade can be initiated if it breaks the downward trendline with good volumes.
T1- 6240
T2- 6500
T3- 6730
Crude Oil, Triangle Pattern forming and Target, Achieve +12% ROIA Triangle Pattern is forming in Crude Oil, with a Target at the Top of the Pattern and a potential to Achieve a +12% ROI. This is Long-Term Analysis, must follow the Trend continuation technique.
Crude Oil Future Intraday Technical Chart Analysis 3 Oct. 24📈 Crude Oil MCX Future Intraday Technical Chart Analysis
📅 Date: 3rd Oct., 2024
📊 Range Trigger Point: 5935
📉 Day Range: 471
🟢 Buy Above: 5868
💼 Average Position: 5813
🎯 Buy Target 1: 6226
🎯 Buy Target 2: 6406
🔵 Stoploss: 5711
🔴 Sell Below: 5757
🎯 Sell Target 1: 5644
🎯 Sell Target 2: 5464
🔵 Stoploss: 5914
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#CrudeOil #MCX #Intraday #TradingSignals #TradingTips #CrudeOilFuture #Commodity #Trading
Crude buy on dip buy was active from 5725 Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
