A clear bullish flag pattern considering the number of times it has touches the resistance.
CRUDE complete the pattern...now its going to break pervious resiistence...so its possible to reach 5150+
Crude oil showed great delta divergence and positive delta after taking support at weekly S1. Good buy at 98 delta.
Crude now exactly closed in previous support at 1hr candle...if close above 5045 again its possible reach 5100-5200
Inverted h&s pattern can be seen on 1 he tf If it breaks 5143 upside big move can be expected . Just for education purpose
inverted head and shoulder pattern on crude oil can go upto 400 points
CrudeOil having Positive bias...Moving Upward ..Above 5140 it can hit 5200 in a single trading session...
start of uptrend .. high probability Crudeoil broke the previous swing high.. before that, it was making lower highs and lower lows.. just like staircase now its looks like trend may change..
As per fibo chart the value is trading at a value of 1, It will reach 1.618 for sure. Next target is 5300 As per head and shoulder pattern confirms the same. BR sansil
Crude is forming a Revarsal Pattern from Bearish to Bullish, closing above 5140 can move more upside
Sell at previous supply zone with good delta divergence.
Crude oil gave good trade today, with delta divergence at lower BB.
My view is on Long with a taret of 5200 & 5325 sl of 5000
Crudeoil Today break July month Low then go more down side CRUDEOIL SELL 4885-4890 WITH SL-4920 FOR T1-4865 T2-4840 T3-4810
CRUDE FUT CMP 5055 (swing trade) BUY @ 5050-5040 Sl below 5000 ( 1 HOUR CANDLE CLOSNG BASIS) Targets - 5108- 5150- 5180- 5200- 5240- 5290- 5327- 5390-+ time duration 1-2 week
Crudeoil showed good pull back at 20 SMA after retesting previous buy zone with good delta divergence(positive delta on bearish candle). Buy at close and sell at previous support/resistance will be a good idea.
Crude oil Aug Long Buy at CMP- 5150 SL- 5118 Target- 5183, 5245 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Crude buy 5055 Target 5090 5120- 5150- 5160- 5180-5200- 5238+