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WTI1! trade ideas

WTI: Bears Are Outnumbering BullsWTI has been forming a flat A-B-C correction. According to Elliott's wave projection, the oil future looks bearish. Oil Future has accomplished wave A at 193.17 , and sub-wave (c) of wave ((B)) is creating an ending diagonal. The ending diagonal is a formation of five waves. WTI is to occur in wave 5 of an ending diagonal. If you are a safe trader, you can trade after the breakdown of wave 4 at 110 . Your target will be 105-99-93 . Aggressive traders can sell when the price falls below 119 . If it goes above the parallel channel, wait for levels to appear. Thank you @Money_Dictators
MATBAROFEX:WTI1!
by Money_Dictators
Market Recession indication - for education purpose only.Alert and Caution: Crude oil broke its low level 6240 (INR) .. heading to reach low 4700 (INR) levels before 26th Dec 2022. Indicating recession phase started in sluggish Industrial and Manufacturing sectors,,, Indicating No demand for New Products due to Global Inflation impact. All global markets will follow downward move along with Crude Oil fall till end of this year i.e., 26th Dec 2022. Disclaimer: this information is shared for education and analysis only not for trading
MCX:CRUDEOIL1!
by Uppada_Raghukumar
CRUDE OIL FUTURES: LONG FOR SHORT TERMHello, Welcome to the quick update on CRUDE OIL FUTURES. It is currently trading at Rs 6430. After making a rally, it is currently retesting the last support. We can see that it has taken support from Rs 6314 and it is acting as a strong support. We can take a long position in this future with a target of 6487, 6571, and 6715 for the short term and a long-term target of Rs 7039 to 7719. ENTRY: 6381 to 6410 TARGETS: 6487, 6571, 6715, 7039, 7719 STOPLOSS: 6300 This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
MCX:CRUDEOIL1!Long
by ScramblerG
#crudeEducational video as how to identify a double top pattern. A double top is a bearish technical reversal pattern which is not so easy to spot as one needs a confirmation of a break down point. Question comes, How to identify the target of Double top pattern! After the confirmation of the pattern, your minimum target is equal to the size of the formation. In other words, when a stock breaks out of a double top formation, the price target is the range of the formation added to the breakout level.
MCX:CRUDEOIL1!Education
by CA_Chetanbhasin
Crudeoil intraday levels for 15.11.2022Resistance level: 7035 Support level : 6915 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are consolidating in buy zone or sell zone, wait for the breakout If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. If gap up or gap down opening, fib retracement levels will act as the support or resistance Note: Pls check my previous day idea for better understanding & how it works Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
MCX:CRUDEOIL1!
by AATHIE
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